Fiverr International (NYSE:FVRR) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Fiverr International (NYSE:FVRR) has received an average rating of “Moderate Buy” from the thirteen analysts that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, seven have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $32.60.

FVRR has been the topic of several analyst reports. Oppenheimer reduced their price target on shares of Fiverr International from $35.00 to $30.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 16th. Weiss Ratings started coverage on shares of Fiverr International in a report on Saturday, November 1st. They issued a “sell (d+)” rating on the stock. BTIG Research raised shares of Fiverr International from a “neutral” rating to a “buy” rating and set a $31.00 target price for the company in a research note on Friday, September 19th. Needham & Company LLC reiterated a “buy” rating and set a $32.00 price target on shares of Fiverr International in a research report on Tuesday, September 16th. Finally, Zacks Research raised shares of Fiverr International from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 22nd.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Strategic Advocates LLC purchased a new stake in shares of Fiverr International in the 3rd quarter valued at $26,000. Assetmark Inc. acquired a new position in Fiverr International in the 2nd quarter valued at about $41,000. Tower Research Capital LLC TRC increased its stake in Fiverr International by 4,392.6% during the second quarter. Tower Research Capital LLC TRC now owns 3,055 shares of the company’s stock worth $90,000 after purchasing an additional 2,987 shares during the period. PharVision Advisers LLC acquired a new stake in shares of Fiverr International during the second quarter worth about $234,000. Finally, MQS Management LLC acquired a new stake in shares of Fiverr International during the second quarter worth about $248,000. 59.00% of the stock is currently owned by institutional investors and hedge funds.

Fiverr International Trading Down 0.6%

Shares of Fiverr International stock opened at $21.42 on Tuesday. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.33 and a quick ratio of 1.33. The stock’s 50 day simple moving average is $22.00 and its 200-day simple moving average is $24.91. The stock has a market cap of $767.55 million, a P/E ratio of 36.30 and a beta of 1.28. Fiverr International has a 1-year low of $19.35 and a 1-year high of $36.11.

Fiverr International (NYSE:FVRR) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $0.77 EPS for the quarter, topping analysts’ consensus estimates of $0.70 by $0.07. The firm had revenue of $107.90 million for the quarter, compared to the consensus estimate of $107.88 million. Fiverr International had a return on equity of 13.53% and a net margin of 5.23%.The firm’s revenue was up 8.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.64 earnings per share. Analysts predict that Fiverr International will post 1.04 EPS for the current fiscal year.

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.