Fiverr International (NYSE:FVRR) Hits New 1-Year Low - Time to Sell?
Fiverr International (NYSE:FVRR) shares hit a new 52-week low at $20.36, closing at $20.4230. Analysts have mixed ratings, with Weiss Ratings issuing a 'sell' and Needham maintaining a 'buy' with a $32 target. The stock has a market cap of $736.55 million and reported a quarterly EPS of $0.77, beating estimates. Hedge funds hold 59% of the stock, indicating significant institutional interest. The average analyst rating is 'Moderate Buy' with a price target of $32.60.
Shares of Fiverr International (NYSE:FVRR - Get Free Report) hit a new 52-week low during trading on Wednesday . The stock traded as low as $20.36 and last traded at $20.4230, with a volume of 573296 shares. The stock had previously closed at $21.63.
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Analyst Ratings Changes
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FVRR has been the topic of several recent analyst reports. Weiss Ratings initiated coverage on shares of Fiverr International in a report on Saturday. They issued a "sell (d+)" rating on the stock. Needham & Company LLC restated a "buy" rating and issued a $32.00 price objective on shares of Fiverr International in a report on Tuesday, September 16th. Royal Bank Of Canada decreased their price objective on shares of Fiverr International from $35.00 to $28.00 and set a "sector perform" rating on the stock in a report on Thursday, July 31st. JPMorgan Chase & Co. upgraded shares of Fiverr International from a "neutral" rating to an "overweight" rating and decreased their price objective for the stock from $32.00 to $30.00 in a report on Thursday, July 31st. Finally, Citigroup decreased their price objective on shares of Fiverr International from $40.00 to $33.00 and set a "buy" rating on the stock in a report on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Fiverr International presently has an average rating of "Moderate Buy" and an average price target of $32.60.
View Our Latest Stock Analysis on Fiverr International
Fiverr International Stock Performance
- 3 Small-Cap Stocks That Are Ready to Rocket Higher
The company has a market capitalization of $736.55 million, a price-to-earnings ratio of 42.92 and a beta of 1.49. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.07. The stock's fifty day simple moving average is $23.55 and its 200-day simple moving average is $26.24.
Fiverr International (NYSE:FVRR - Get Free Report) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $0.77 EPS for the quarter, beating analysts' consensus estimates of $0.70 by $0.07. Fiverr International had a net margin of 4.34% and a return on equity of 11.87%. The company had revenue of $107.90 million for the quarter, compared to the consensus estimate of $107.88 million. During the same period in the prior year, the firm posted $0.64 EPS. The company's quarterly revenue was up 8.3% compared to the same quarter last year. Fiverr International has set its Q4 2025 guidance at EPS. Analysts predict that Fiverr International will post 1.04 EPS for the current year.
Institutional Inflows and Outflows
- 3 Top Stocks Crushing Q3 Earnings With Strong 2024 Guidance
Hedge funds have recently modified their holdings of the stock. Assetmark Inc. purchased a new position in shares of Fiverr International in the 2nd quarter valued at $41,000. Tower Research Capital LLC TRC lifted its stake in shares of Fiverr International by 4,392.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,055 shares of the company's stock worth $90,000 after acquiring an additional 2,987 shares during the period. PharVision Advisers LLC acquired a new stake in shares of Fiverr International in the 2nd quarter worth $234,000. Thrivent Financial for Lutherans acquired a new stake in shares of Fiverr International in the third quarter valued at about $241,000. Finally, MQS Management LLC acquired a new stake in shares of Fiverr International in the second quarter valued at about $248,000. 59.00% of the stock is owned by hedge funds and other institutional investors.
About Fiverr International
(Get Free Report)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.
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