Thryv (NASDAQ:THRY – Get Free Report) posted its quarterly earnings results on Monday. The company reported ($2.32) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.16) by ($2.16), FiscalAI reports. The company had revenue of $118.94 million for the quarter, compared to analyst estimates of $145.67 million. Thryv had a negative net margin of 2.27% and a negative return on equity of 7.36%.
Thryv Price Performance
Shares of NASDAQ THRY traded up $0.10 during trading on Monday, hitting $1.28. The company had a trading volume of 753,756 shares, compared to its average volume of 867,377. The company has a market cap of $56.88 million, a P/E ratio of -3.46 and a beta of 0.89. Thryv has a 52 week low of $1.09 and a 52 week high of $6.60. The business’s 50-day moving average is $1.55 and its 200 day moving average is $2.98. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.00 and a current ratio of 1.00.
Insider Buying and Selling at Thryv
In related news, CEO Joe Walsh acquired 25,000 shares of Thryv stock in a transaction dated Friday, September 18th. The stock was acquired at an average cost of $1.80 per share, with a total value of $45,000.00. Following the purchase, the chief executive officer directly owned 788,099 shares in the company, valued at $1,418,578.20. The trade was a 3.28% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 10.50% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes
A number of research firms recently commented on THRY. Weiss Ratings cut Thryv from a “sell (d)” rating to a “sell (e+)” rating in a research report on Thursday, August 13th. Needham & Company LLC reissued a “buy” rating on shares of Thryv in a report on Tuesday, August 4th. Wall Street Zen downgraded shares of Thryv from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. Finally, Royal Bank Of Canada cut their target price on Thryv from $3.00 to $2.00 and set a “sector perform” rating on the stock in a research note on Wednesday, October 28th. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $4.00.
Read Our Latest Analysis on Thryv
Thryv Company Profile
Thryv Holdings, Inc (NASDAQ:THRY) provides software and digital marketing services for small and medium-sized businesses. Its Thryv platform is designed to help businesses manage customer relationships, appointments, communications, estimates, invoices, payments and online reviews through a centralized business-management system.
The company also offers tools for digital marketing and customer acquisition, including website and social media management, online presence services, lead generation, automated communications and reputation management.
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