Last Updated: 13 Nov 2024
Executive Summary
Thryv Holdings Inc. (THRY) is a provider of cloud-based tools and digital marketing solutions to small and medium-sized businesses (SMBs) in the United States. The company has a market capitalization of $626.47 million and a trailing P/E ratio of N/A.
Company Overview
Thryv was founded in 2004 and is headquartered in DFW Airport, Texas. The company's products and services include customer relationship management (CRM), marketing automation, website design, and social media marketing. Thryv serves a wide range of industries, including healthcare, education, and professional services.
Fundamental Analysis
Thryv's financial performance has been mixed in recent quarters. The company's revenue grew by 2.2% in the most recent quarter, but its earnings per share (EPS) declined by 65.1%. Thryv's gross profit margin has also been declining in recent quarters, from 87.5% in the first quarter of 2023 to 89.3% in the most recent quarter.
Technical Analysis
Thryv's stock price has been trending lower in recent months. The stock is currently trading below its 50-day and 200-day moving averages. The relative strength index (RSI) is also below 50, indicating that the stock is oversold.
Short Term Outlook
Thryv's short-term outlook is uncertain. The company's financial performance has been mixed in recent quarters, and the stock price has been trending lower. Investors should be cautious about investing in Thryv in the short term.
Long Term Outlook
Thryv's long-term outlook is more positive. The company's products and services are in high demand, and the SMB market is expected to grow in the coming years. Thryv is also well-positioned to benefit from the growing trend towards digital marketing.
Analyst Recommendations
Analysts are mixed on Thryv's stock. Two analysts have a "Strong Buy" rating on the stock, three analysts have a "Buy" rating, and zero analysts have a "Hold", "Sell", or "Strong Sell" rating. The average analyst target price is $24.60.
