B. Riley Brokers Cut Earnings Estimates for Thryv Holdings, Inc. (NASDAQ:THRY)

Thryv Holdings, Inc. (NASDAQ:THRY) – B. Riley dropped their FY2025 EPS estimates for Thryv in a report released on Thursday, May 2nd. B. Riley analyst Z. Cummins now forecasts that the company will earn $1.33 per share for the year, down from their prior forecast of $1.52. The consensus estimate for Thryv’s current full-year earnings is $0.55 per share.

Thryv (NASDAQ:THRY) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $0.22 EPS for the quarter, missing the consensus estimate of $0.37 by ($0.15). Thryv had a negative net margin of 28.75% and a positive return on equity of 3.07%. The business had revenue of $233.62 million during the quarter, compared to analysts’ expectations of $226.66 million. During the same quarter in the previous year, the firm earned $0.25 earnings per share. Thryv’s revenue was down 4.9% on a year-over-year basis.

Other equities analysts also recently issued research reports about the stock. TheStreet downgraded shares of Thryv from a “c-” rating to a “d” rating in a report on Friday, March 1st. Needham & Company LLC reiterated a “buy” rating and issued a $28.00 price target on shares of Thryv in a research note on Friday, May 3rd.

Thryv Stock Up 1.9 %

NASDAQ THRY opened at $21.48 on Monday. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 1.77. Thryv has a 12 month low of $15.99 and a 12 month high of $26.42. The stock’s 50 day moving average is $22.11 and its 200 day moving average is $20.35. The stock has a market cap of $769.63 million, a PE ratio of -2.86 and a beta of 0.92.

Insiders Place Their Bets

In other news, CEO Joe Walsh bought 5,000 shares of the stock in a transaction dated Monday, February 26th. The stock was purchased at an average cost of $19.01 per share, for a total transaction of $95,050.00. Following the transaction, the chief executive officer now owns 501,172 shares of the company’s stock, valued at $9,527,279.72. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 10.80% of the company’s stock.

Hedge Funds Weigh In On Thryv

Several institutional investors have recently bought and sold shares of THRY. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Thryv by 64.7% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,647 shares of the company’s stock valued at $176,000 after buying an additional 3,398 shares in the last quarter. MQS Management LLC bought a new stake in shares of Thryv in the 3rd quarter valued at approximately $204,000. Mackenzie Financial Corp bought a new stake in shares of Thryv in the 4th quarter valued at approximately $271,000. Dark Forest Capital Management LP purchased a new position in shares of Thryv in the 3rd quarter worth approximately $278,000. Finally, Graham Capital Management L.P. bought a new position in shares of Thryv during the 3rd quarter valued at approximately $309,000. Institutional investors own 96.38% of the company’s stock.

Thryv Company Profile

Thryv Holdings, Inc provides digital marketing solutions and cloud-based tools to the small-to-medium sized businesses in the United States. It operates through four segments: Thryv U.S. Marketing Services, Thryv U.S. SaaS, Thryv International Marketing Services, and Thryv International SaaS. The company provides print yellow pages, internet yellow pages, and search engine marketing; and other digital media solutions, such as online display and social advertising, online presence and video, and search engine optimization tools.