Shares of Fiverr International Ltd. (NYSE:FVRR – Get Free Report) have earned an average rating of “Moderate Buy” from the eleven analysts that are covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $34.36.
A number of equities research analysts have recently weighed in on FVRR shares. Royal Bank of Canada lowered their price objective on shares of Fiverr International from $30.00 to $26.00 and set a “sector perform” rating for the company in a report on Friday, February 23rd. JMP Securities restated a “market outperform” rating and set a $40.00 price target on shares of Fiverr International in a research report on Tuesday, January 30th. JPMorgan Chase & Co. decreased their price objective on Fiverr International from $35.00 to $30.00 and set a “neutral” rating on the stock in a report on Friday, February 23rd. The Goldman Sachs Group upgraded Fiverr International from a “neutral” rating to a “buy” rating and set a $43.00 target price for the company in a report on Friday, January 19th. Finally, BTIG Research lowered their price objective on Fiverr International from $30.00 to $28.00 and set a “buy” rating for the company in a research report on Thursday, April 18th.
View Our Latest Report on Fiverr International
Institutional Investors Weigh In On Fiverr International
Fiverr International Stock Down 1.2 %
FVRR opened at $19.40 on Thursday. The company has a quick ratio of 2.89, a current ratio of 2.89 and a debt-to-equity ratio of 1.30. The business’s fifty day simple moving average is $22.37 and its 200 day simple moving average is $24.39. Fiverr International has a 52 week low of $18.83 and a 52 week high of $37.18. The stock has a market cap of $749.81 million, a PE ratio of 215.56 and a beta of 1.71.
Fiverr International (NYSE:FVRR – Get Free Report) last announced its quarterly earnings data on Thursday, February 22nd. The company reported $0.56 earnings per share for the quarter, beating analysts’ consensus estimates of $0.52 by $0.04. The company had revenue of $91.50 million for the quarter, compared to analysts’ expectations of $97.00 million. Fiverr International had a return on equity of 3.71% and a net margin of 1.02%. Fiverr International’s revenue for the quarter was up 10.1% compared to the same quarter last year. During the same period last year, the firm posted ($0.19) EPS. As a group, research analysts expect that Fiverr International will post 0.69 earnings per share for the current fiscal year.
About Fiverr International
Fiverr International Ltd. operates an online marketplace worldwide. Its platform enables sellers to sell their services and buyers to buy them. The company's platform includes various categories in ten verticals, including graphic and design, digital marketing, writing and translation, video and animation, music and audio, programming and tech, business, data, lifestyle, and photography.
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