Fiverr International Ltd. (NYSE:FVRR) Receives Average Rating of “Moderate Buy” from Analysts

Fiverr International Ltd. (NYSE:FVRR) has received a consensus rating of “Moderate Buy” from the ten analysts that are currently covering the firm, MarketBeat.com reports. Five research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $32.30.

Several research analysts have commented on FVRR shares. Citigroup upped their target price on shares of Fiverr International from $36.00 to $39.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. JMP Securities raised their target price on Fiverr International from $32.00 to $36.00 and gave the company a “market outperform” rating in a research report on Thursday, October 31st. UBS Group boosted their price target on Fiverr International from $31.00 to $32.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 3rd. Needham & Company LLC reissued a “buy” rating and set a $36.00 price target on shares of Fiverr International in a report on Wednesday, October 30th. Finally, BTIG Research cut shares of Fiverr International from a “buy” rating to a “neutral” rating in a research note on Monday, November 4th.

Fiverr International Stock Down 2.7 %

NYSE:FVRR opened at $32.05 on Friday. The company has a debt-to-equity ratio of 1.47, a quick ratio of 2.99 and a current ratio of 2.99. The company has a market capitalization of $1.24 billion, a price-to-earnings ratio of 123.27 and a beta of 1.69. Fiverr International has a one year low of $18.83 and a one year high of $36.11. The stock has a 50-day simple moving average of $32.66 and a 200 day simple moving average of $27.48.

Fiverr International (NYSE:FVRR) last announced its quarterly earnings data on Wednesday, October 30th. The company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.09. Fiverr International had a net margin of 2.67% and a return on equity of 7.10%. The business had revenue of $99.63 million during the quarter, compared to the consensus estimate of $96.37 million. Sell-side analysts predict that Fiverr International will post 0.51 EPS for the current fiscal year.

Institutional Trading of Fiverr International

Institutional investors have recently bought and sold shares of the company. Engine Capital Management LP increased its holdings in Fiverr International by 2.7% in the second quarter. Engine Capital Management LP now owns 814,294 shares of the company’s stock worth $19,079,000 after buying an additional 21,144 shares during the last quarter. Arkadios Wealth Advisors grew its position in Fiverr International by 22.0% in the fourth quarter. Arkadios Wealth Advisors now owns 137,873 shares of the company’s stock worth $4,375,000 after acquiring an additional 24,839 shares in the last quarter. Geode Capital Management LLC grew its position in Fiverr International by 12.6% in the third quarter. Geode Capital Management LLC now owns 26,472 shares of the company’s stock worth $685,000 after acquiring an additional 2,961 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new position in shares of Fiverr International during the 3rd quarter worth $683,000. Finally, Shaker Investments LLC OH acquired a new stake in shares of Fiverr International in the 3rd quarter valued at $552,000. Institutional investors and hedge funds own 59.00% of the company’s stock.

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.