Fiverr International (NYSE:FVRR) Receives “Market Outperform” Rating from JMP Securities

JMP Securities restated their market outperform rating on shares of Fiverr International (NYSE:FVRR) in a report released on Thursday,Benzinga reports. The firm currently has a $36.00 price objective on the stock.

A number of other equities analysts have also recently issued reports on the stock. UBS Group upped their price target on shares of Fiverr International from $31.00 to $32.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 3rd. BTIG Research downgraded shares of Fiverr International from a “buy” rating to a “neutral” rating in a research report on Monday, November 4th. Citigroup upped their price objective on Fiverr International from $36.00 to $39.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. Finally, Needham & Company LLC reissued a “buy” rating and issued a $36.00 target price on shares of Fiverr International in a report on Wednesday, October 30th. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $32.30.

Fiverr International Trading Down 2.0 %

NYSE:FVRR opened at $31.23 on Thursday. The firm has a market capitalization of $1.21 billion, a P/E ratio of 120.11 and a beta of 1.69. 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 has a one year low of $18.83 and a one year high of $36.11. The company’s 50-day simple moving average is $32.90 and its 200 day simple moving average is $27.80.

Fiverr International (NYSE:FVRR) last posted its quarterly earnings results on Wednesday, October 30th. The company reported $0.28 earnings per share for the quarter, topping 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 company had revenue of $99.63 million for the quarter, compared to the consensus estimate of $96.37 million. As a group, analysts forecast that Fiverr International will post 0.51 EPS for the current fiscal year.

Hedge Funds Weigh In On Fiverr International

A number of hedge funds have recently made changes to their positions in the business. Huntington National Bank increased its holdings in Fiverr International by 35,200.0% in the 3rd quarter. Huntington National Bank now owns 1,059 shares of the company’s stock valued at $27,000 after acquiring an additional 1,056 shares during the last quarter. Shaker Investments LLC OH bought a new stake in Fiverr International in the 3rd quarter worth approximately $552,000. Public Employees Retirement System of Ohio purchased a new stake in shares of Fiverr International during the 3rd quarter worth approximately $683,000. Geode Capital Management LLC grew its holdings in shares of 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 in the last quarter. Finally, Arkadios Wealth Advisors increased its position in Fiverr International by 22.0% in the fourth 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 during the last quarter. Institutional investors 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.