An analyst sees good growth prospects for Thryv Holdings Inc (THRY)

With 0.22 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.54 million shares. During the session, the Internet Content & Information company that operates in wider Communication Services sector, reached to the highest price of $14.62 whereas the lowest price it dropped to was $14.305. The 52-week range on THRY shows that it touched its highest point at $26.42 and its lowest point at $13.06 during that stretch. It currently has a 1-year price target of $25.75.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of THRY was down-trending over the past week, with a drop of -2.50%, but this was down by -9.70% over a month. Three-month performance dropped to -13.70% while six-month performance fell -11.85%. The stock lost -23.08% in the past year, while it has lost -2.50% so far this year. A look at the trailing 12-month EPS for THRY yields -9.66 with Next year EPS estimates of 0.83. For the next quarter, that number is -0.15. This implies an EPS growth rate of 68.65% for this year and 135.55% for next year.

Float and Shares Shorts:

At present, 42.04 million THRY shares are outstanding with a float of 39.13 million shares on hand for trading. On 2024-12-13, short shares totaled 2.67 million, which was 622.0 higher than short shares on 1731628800. In addition to Mr. Joseph A. Walsh as the firm’s Chairman & CEO, Mr. Paul D. Rouse serves as its CFO, Executive VP & Treasurer.

Institutional Ownership:

Through their ownership of 0.83969 of THRY’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, THRY reported revenue of $179852000.0 and operating income of -$5475000.0. The EBITDA in the recently reported quarter was $5681000.0 and diluted EPS was -$2.65.

Analysts Ratings:

In the same way, a target price assigned to a stock can also reveal much about its potential. With THRY analysts setting a high price target of 30.0 and a low target of 20.0, the average target price over the next 12 months is 25.75. Based on these targets, THRY could surge 107.9% to reach the target high and rise by 38.6% to reach the target low. Reaching the average price target will result in a growth of 78.45% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$2.28972 being high and -$2.39428 being low. For THRY, this leads to a yearly average estimate of -$2.342.