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

Shares of Fiverr International Ltd. (NYSE:FVRR) have earned a consensus recommendation of “Moderate Buy” from the ten ratings firms that are currently covering the firm, MarketBeat.com reports. Five research 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 brokerages that have issued ratings on the stock in the last year is $31.60.

FVRR has been the subject of several research analyst reports. BTIG Research lowered Fiverr International from a “buy” rating to a “neutral” rating in a research report on Monday, November 4th. Roth Mkm reissued a “buy” rating and issued a $32.00 price objective (up previously from $30.00) on shares of Fiverr International in a report on Thursday, August 1st. Citigroup lifted their price objective on Fiverr International from $36.00 to $39.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Needham & Company LLC reissued a “buy” rating and issued a $36.00 price objective on shares of Fiverr International in a report on Wednesday, October 30th. Finally, The Goldman Sachs Group decreased their price objective on Fiverr International from $44.00 to $39.00 and set a “buy” rating for the company in a report on Thursday, August 1st.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Huntington National Bank boosted its stake in Fiverr International by 35,200.0% in 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 during the period. Van ECK Associates Corp boosted its stake in Fiverr International by 18.4% in the 2nd 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. California State Teachers Retirement System boosted its stake in Fiverr International by 9.5% in the 1st quarter. California State Teachers Retirement System now owns 35,529 shares of the company’s stock worth $749,000 after purchasing an additional 3,095 shares during the period. Janney Montgomery Scott LLC boosted its stake in Fiverr International by 21.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 41,268 shares of the company’s stock worth $870,000 after purchasing an additional 7,307 shares during the period. Finally, Swedbank AB bought a new position in Fiverr International in the 1st quarter worth about $400,000. Institutional investors own 59.00% of the company’s stock.

Fiverr International Trading Up 0.4 %

Shares of Fiverr International stock opened at $29.67 on Monday. Fiverr International has a 1 year low of $18.83 and a 1 year high of $32.68. The firm has a market cap of $1.15 billion, a PE ratio of 114.12 and a beta of 1.68. The stock has a fifty day moving average price of $24.99 and a 200-day moving average price of $24.07. The company has a debt-to-equity ratio of 1.47, a current ratio of 2.99 and a quick ratio of 2.99.

Fiverr International (NYSE:FVRR) last announced its earnings results on Wednesday, October 30th. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.09. Fiverr International had a return on equity of 7.10% and a net margin of 2.67%. The firm had revenue of $99.63 million during the quarter, compared to analyst estimates of $96.37 million. Equities research analysts anticipate that Fiverr International will post 0.51 EPS for the current 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.