Fiverr International Ltd. (NYSE:FVRR) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Shares of Fiverr International Ltd. (NYSE:FVRR - Get Free Report) have been assigned an average rating of "Moderate Buy" from the ten brokerages that are covering the stock, Marketbeat reports. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $31.60.

FVRR has been the topic of a number of research analyst reports. Roth Mkm reiterated a "buy" rating and issued a $32.00 target price (up from $30.00) on shares of Fiverr International in a research note on Thursday, August 1st. The Goldman Sachs Group reduced their target price on shares of Fiverr International from $44.00 to $39.00 and set a "buy" rating on the stock in a report on Thursday, August 1st. Needham & Company LLC reissued a "buy" rating and set a $36.00 price target on shares of Fiverr International in a research report on Wednesday, October 30th. JMP Securities raised their target price on shares of Fiverr International from $32.00 to $36.00 and gave the stock a "market outperform" rating in a research 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 Inflows and Outflows

A number of hedge funds have recently made changes to their positions in FVRR. Huntington National Bank boosted its position in Fiverr International by 35,200.0% during the 3rd quarter. Huntington National Bank now owns 1,059 shares of the company's stock valued at $27,000 after purchasing an additional 1,056 shares during the period. Van ECK Associates Corp raised its position in shares of Fiverr International by 18.4% during the second quarter. Van ECK Associates Corp now owns 14,183 shares of the company's stock worth $332,000 after purchasing an additional 2,208 shares during the period. Swedbank AB acquired a new stake in shares of Fiverr International during the first quarter worth $400,000. Shaker Investments LLC OH purchased a new position in shares of Fiverr International during the third quarter valued at $552,000. Finally, Public Employees Retirement System of Ohio purchased a new position in Fiverr International in the third quarter valued at about $683,000. Hedge funds and other institutional investors own 59.00% of the company's stock.

Fiverr International Stock Performance

FVRR traded down $0.22 on Friday, reaching $32.61. The company had a trading volume of 367,656 shares, compared to its average volume of 845,653. Fiverr International has a fifty-two week low of $18.83 and a fifty-two week high of $33.90. The stock has a market cap of $1.26 billion, a P/E ratio of 126.27 and a beta of 1.68. The company's fifty day moving average is $26.72 and its 200 day moving average is $25.01. The company has a debt-to-equity ratio of 1.47, a quick ratio of 2.99 and a current ratio of 2.99.

Fiverr International (NYSE:FVRR - Get Free Report) last issued its quarterly earnings results on Wednesday, October 30th. The company reported $0.28 EPS for the quarter, topping analysts' consensus estimates of $0.19 by $0.09. The company had revenue of $99.63 million for the quarter, compared to analyst estimates of $96.37 million. Fiverr International had a net margin of 2.67% and a return on equity of 7.10%. As a group, analysts predict that Fiverr International will post 0.51 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.