Fiverr International (NYSE:FVRR) Receives Consensus Recommendation of "Hold" from Analysts

Key Points

• Consensus "Hold": Twelve analysts give Fiverr a consensus "Hold" (2 sell, 7 hold, 3 buy) with an average 12‑month price target of $19.30, and several major brokers recently cut targets sharply (UBS to $13, Citigroup to $15, Scotiabank to $16).
• Latest quarter: Fiverr beat EPS estimates ($0.86 vs. $0.76) but slightly missed revenue and grew revenue just 3.4% year‑over‑year; the stock trades near $10.30 with a 52‑week range of $9.67–$34.13 and a market cap of about $370M.
• Ownership & balance sheet: Institutional investors own roughly 59% of the company, several funds have increased or initiated positions, and the firm has a conservative balance sheet (debt‑to‑equity 0.06; current and quick ratios 1.93).

Shares of Fiverr International (NYSE:FVRR - Get Free Report) have received a consensus rating of "Hold" from the twelve research firms that are covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $19.30.

FVRR has been the subject of several recent analyst reports. UBS Group reduced their price objective on shares of Fiverr International from $25.00 to $13.00 and set a "neutral" rating for the company in a research report on Thursday, February 19th. Citigroup reaffirmed a "neutral" rating and set a $15.00 price objective (down from $33.00) on shares of Fiverr International in a research report on Thursday, February 19th. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Fiverr International in a research report on Thursday, January 29th. BTIG Research reaffirmed a "neutral" rating on shares of Fiverr International in a research report on Monday, March 2nd. Finally, Scotiabank reduced their price objective on shares of Fiverr International from $34.00 to $16.00 and set a "sector outperform" rating for the company in a research report on Thursday, February 19th.

Institutional Trading of Fiverr International

Large investors have recently modified their holdings of the stock. Nordea Investment Management AB grew its position in shares of Fiverr International by 16.6% during the 3rd quarter. Nordea Investment Management AB now owns 544,289 shares of the company's stock worth $13,155,000 after buying an additional 77,666 shares during the period. Analyst IMS Investment Management Services Ltd. grew its position in shares of Fiverr International by 32.0% during the 3rd quarter. Analyst IMS Investment Management Services Ltd. now owns 618,729 shares of the company's stock worth $15,104,000 after buying an additional 150,000 shares during the period. Invenomic Capital Management LP acquired a new stake in shares of Fiverr International during the 3rd quarter worth approximately $15,194,000. Hussman Strategic Advisors Inc. acquired a new stake in Fiverr International in the 4th quarter valued at $830,000. Finally, Strategic Advocates LLC acquired a new stake in Fiverr International in the 3rd quarter valued at $26,000. Institutional investors and hedge funds own 59.00% of the company's stock.

Fiverr International Stock Down 0.1%

Fiverr International stock opened at $10.30 on Monday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.93 and a current ratio of 1.93. Fiverr International has a 52-week low of $9.67 and a 52-week high of $34.13. The firm has a 50 day moving average price of $11.67 and a two-hundred day moving average price of $17.53. The firm has a market cap of $370.25 million, a price-to-earnings ratio of 18.07 and a beta of 1.35.

Fiverr International (NYSE:FVRR - Get Free Report) last released its quarterly earnings results on Saturday, February 14th. The company reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $0.10. Fiverr International had a net margin of 4.87% and a return on equity of 16.58%. The firm had revenue of $107.17 million during the quarter, compared to analyst estimates of $108.98 million. During the same quarter last year, the business earned $0.64 EPS. The company's revenue was up 3.4% compared to the same quarter last year. Equities analysts predict that Fiverr International will post 1.04 EPS for the current year.

About Fiverr International

Fiverr International Ltd. operates an online marketplace that connects businesses and individuals with freelance talent across a wide range of professional services. Through its platform, Fiverr enables clients to procure work such as graphic design, digital marketing, writing and translation, video and animation, programming and tech, and business services. By offering a streamlined interface for ordering and delivering gig-based work, the company seeks to simplify the procurement of specialized skills on a project-by-project basis.

Founded in 2010 and headquartered in Tel Aviv, Israel, Fiverr serves clients and freelancers around the globe, with a particularly strong presence in North America and Europe.

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