Fiverr International Ltd. (NYSE:FVRR) Given Consensus Rating of "Moderate Buy" by Brokerages

Shares of Fiverr International Ltd. (NYSE:FVRR - Get Free Report) have earned an average recommendation of "Moderate Buy" from the ten analysts that are covering the firm, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $32.30.

FVRR has been the subject of several recent analyst reports. BTIG Research downgraded shares of Fiverr International from a "buy" rating to a "neutral" rating in a report on Monday, November 4th. UBS Group upped their price objective on shares of Fiverr International from $31.00 to $32.00 and gave the stock a "neutral" rating in a report on Tuesday, December 3rd. Needham & Company LLC reaffirmed a "buy" rating and set a $36.00 price objective on shares of Fiverr International in a report on Wednesday, October 30th. JMP Securities upped their price objective on shares of Fiverr International from $32.00 to $36.00 and gave the stock a "market outperform" rating in a report on Thursday, October 31st. Finally, Citigroup increased their price target on shares of Fiverr International from $36.00 to $39.00 and gave the company a "buy" rating in a report on Thursday, October 31st.

Fiverr International Stock Down 0.6 %

FVRR stock traded down $0.19 during trading hours on Friday, hitting $33.93. The company's stock had a trading volume of 716,482 shares, compared to its average volume of 565,157. The company has a quick ratio of 2.99, a current ratio of 2.99 and a debt-to-equity ratio of 1.47. The company has a market capitalization of $1.31 billion, a PE ratio of 130.51 and a beta of 1.69. Fiverr International has a 12 month low of $18.83 and a 12 month high of $36.11. The stock has a 50 day moving average price of $32.51 and a two-hundred day moving average price of $27.26.

Fiverr International (NYSE:FVRR - Get Free Report) last posted its earnings results on Wednesday, October 30th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.19 by $0.09. The company had revenue of $99.63 million during the quarter, compared to the consensus estimate of $96.37 million. Fiverr International had a net margin of 2.67% and a return on equity of 7.10%. On average, equities research analysts expect that Fiverr International will post 0.51 earnings per share for the current year.

Hedge Funds Weigh In On Fiverr International

A number of hedge funds have recently made changes to their positions in FVRR. Huntington National Bank increased its position in shares of Fiverr International by 35,200.0% during the 3rd quarter. Huntington National Bank now owns 1,059 shares of the company's stock worth $27,000 after purchasing an additional 1,056 shares in the last quarter. Shaker Investments LLC OH acquired a new stake in shares of Fiverr International during the 3rd quarter worth about $552,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Fiverr International during the 3rd quarter worth about $683,000. Geode Capital Management LLC increased its position in shares of Fiverr International by 12.6% during the 3rd quarter. Geode Capital Management LLC now owns 26,472 shares of the company's stock worth $685,000 after purchasing an additional 2,961 shares in the last quarter. Finally, Arkadios Wealth Advisors increased its position in shares of Fiverr International by 22.0% during the 4th quarter. Arkadios Wealth Advisors now owns 137,873 shares of the company's stock worth $4,375,000 after purchasing an additional 24,839 shares in 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.