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

Shares of Fiverr International Ltd. (NYSE:FVRR) have earned an average rating of “Moderate Buy” from the ten ratings firms that are presently covering the company, Marketbeat reports. Five analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $32.30.

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

Institutional Investors Weigh In On Fiverr International

Large investors have recently modified their holdings of the company. Arkadios Wealth Advisors increased its holdings in shares of Fiverr International by 22.0% in the 4th quarter. Arkadios Wealth Advisors now owns 137,873 shares of the company’s stock valued at $4,375,000 after acquiring an additional 24,839 shares during the period. Geode Capital Management LLC increased its stake in Fiverr International by 12.6% in the third quarter. Geode Capital Management LLC now owns 26,472 shares of the company’s stock valued at $685,000 after purchasing an additional 2,961 shares during the period. Public Employees Retirement System of Ohio purchased a new stake in shares of Fiverr International in the third quarter valued at about $683,000. Huntington National Bank boosted its stake in shares of Fiverr International by 35,200.0% during the third quarter. Huntington National Bank now owns 1,059 shares of the company’s stock worth $27,000 after buying an additional 1,056 shares during the period. Finally, Shaker Investments LLC OH acquired a new stake in shares of Fiverr International during the third quarter worth about $552,000. 59.00% of the stock is owned by institutional investors and hedge funds.

Fiverr International Stock Performance

Shares of FVRR opened at $33.93 on Friday. Fiverr International has a 1 year low of $18.83 and a 1 year high of $36.11. The stock has a market capitalization of $1.31 billion, a PE ratio of 130.51 and a beta of 1.69. 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 stock has a 50-day simple moving average of $32.42 and a 200-day simple moving average of $27.18.

Fiverr International (NYSE:FVRR) last issued its quarterly earnings results on Wednesday, October 30th. The company reported $0.28 earnings per share (EPS) for the quarter, topping 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 company had revenue of $99.63 million during the quarter, compared to the consensus estimate of $96.37 million. On average, analysts predict that Fiverr International will post 0.51 earnings per share 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.