Fiverr International Ltd. (NYSE:FVRR) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Fiverr International Ltd. (NYSE:FVRR) have been given an average rating of “Moderate Buy” by the ten analysts that are presently covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $31.30.

FVRR has been the subject of a number of analyst reports. Needham & Company LLC reissued a “buy” rating and issued a $36.00 price target on shares of Fiverr International in a report on Wednesday, July 31st. UBS Group lowered Fiverr International from a “buy” rating to a “neutral” rating and cut their target price for the company from $37.00 to $25.00 in a research report on Tuesday, July 2nd. The Goldman Sachs Group decreased their price target on shares of Fiverr International from $44.00 to $39.00 and set a “buy” rating for the company in a research report on Thursday, August 1st. Finally, Roth Mkm reaffirmed a “buy” rating and issued a $32.00 price target (up from $30.00) on shares of Fiverr International in a report on Thursday, August 1st.

Fiverr International Trading Up 0.0 %

FVRR opened at $23.63 on Thursday. The firm’s 50 day moving average is $24.75 and its 200-day moving average is $23.31. Fiverr International has a 52-week low of $18.83 and a 52-week high of $31.61. The company has a quick ratio of 3.17, a current ratio of 3.17 and a debt-to-equity ratio of 1.44. The firm has a market capitalization of $913.39 million, a P/E ratio of 107.41 and a beta of 1.71.

Fiverr International (NYSE:FVRR) last released its quarterly earnings results on Wednesday, July 31st. The company reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.02. The business had revenue of $94.66 million during the quarter, compared to analyst estimates of $94.69 million. Fiverr International had a net margin of 3.17% and a return on equity of 5.67%. Analysts expect that Fiverr International will post 0.57 EPS for the current fiscal year.

Institutional Investors Weigh In On Fiverr International

Several institutional investors and hedge funds have recently bought and sold shares of the business. Bullseye Asset Management LLC grew its holdings in shares of Fiverr International by 10.5% during the fourth quarter. Bullseye Asset Management LLC now owns 40,621 shares of the company’s stock valued at $1,106,000 after purchasing an additional 3,861 shares during the last quarter. Vima LLC acquired a new position in Fiverr International during the 4th quarter valued at approximately $86,000. Arkadios Wealth Advisors grew its stake in Fiverr International by 28.0% during the 1st quarter. Arkadios Wealth Advisors now owns 117,105 shares of the company’s stock worth $2,467,000 after buying an additional 25,613 shares during the last quarter. Janney Montgomery Scott LLC increased its position in Fiverr International by 21.5% in the first quarter. Janney Montgomery Scott LLC now owns 41,268 shares of the company’s stock worth $870,000 after buying an additional 7,307 shares during the period. Finally, California State Teachers Retirement System lifted its stake in Fiverr International by 9.5% in the first quarter. California State Teachers Retirement System now owns 35,529 shares of the company’s stock valued at $749,000 after buying an additional 3,095 shares during the last quarter. Institutional investors and hedge funds own 59.00% of the company’s stock.

Fiverr International Company Profile

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.