During the last session, Fiverr International Ltd. (NYSE:FVRR)’s traded shares were 4.06 million. At the end of the trading day, the stock’s price was $34.46, reflecting an intraday gain of 13.39% or $4.07. The 52-week high for the FVRR share is $262.90, that puts it down -662.91 from that peak though still a striking 15.73% gain since the share price plummeted to a 52-week low of $29.04. The company’s market capitalization is $1.38B, and the average intraday trading volume over the past 10 days was 1.71 million shares, and the average trade volume was 1.10 million shares over the past three months.
Fiverr International Ltd. (FVRR) received a consensus recommendation of an Overweight from analysts. That translates to a mean rating of 2.10. FVRR has a Sell rating from 0 analyst(s) out of 9 analysts who have looked at this stock. 4 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 5 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.01.
Fiverr International Ltd. (NYSE:FVRR) trade information
Fiverr International Ltd. (FVRR) registered a 13.39% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 13.39% in intraday trading to $34.46 this Thursday, 05/12/22, hitting a weekly high. The stock’s 5-day price performance is -32.93%, and it has moved by -48.24% in 30 days. Based on these gigs, the overall price performance for the year is -78.19%. The short interest in Fiverr International Ltd. (NYSE:FVRR) is 5.02 million shares and it means that shorts have 4.68 day(s) to cover.
The consensus price target of analysts on Wall Street is $62.11, which implies an increase of 44.52% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $31.00 and $220.00 respectively. As a result, FVRR is trading at a discount of -538.42% off the target high and 10.04% off the low.
Fiverr International Ltd. (FVRR) estimates and forecasts
Statistics show that Fiverr International Ltd. has outperformed its competitors in share price, compared to the industry in which it operates. Fiverr International Ltd. (FVRR) shares have gone down -80.46% during the last six months, with a year-to-date growth rate more than the industry average at -3.33% against -9.00. Yet analysts are ramping up their growth forecast for the fiscal year 2022. Revenue is predicted to shrink -91.70% this quarter and then jump 1,000.00% in the quarter after that. In the rating firms’ projections, revenue will increase 55.60% compared to the previous financial year.
Revenue for the current quarter is expected to be $76.91 million as predicted by 7 analyst(s). Meanwhile, a consensus of 6 analyst(s) estimates revenue growth to $85.58 million by the end of Mar 2022. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $55.88 million and $68.32 million respectively. In this case, analysts expect current quarter sales to grow by 37.60% and then jump by 25.30% in the coming quarter.
While earnings are projected to return -294.60% in 2022.
Fiverr International Ltd. is due to release its next quarterly earnings between February 16 and February 21. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Fiverr International Ltd. (NYSE:FVRR)’s Major holders
Fiverr International Ltd. insiders own 12.97% of total outstanding shares while institutional holders control 58.14%, with the float percentage being 66.80%. Blackrock Inc. is the largest shareholder of the company, while 463 institutions own stock in it. As of Dec 30, 2021, the company held over 3.21 million shares (or 8.73% of all shares), a total value of $364.92 million in shares.
The next largest institutional holding, with 1.71 million shares, is of Srs Investment Management, Llc’s that is approximately 4.64% of outstanding shares. At the market price on Dec 30, 2021, these shares were valued at $194.08 million.
Also, the Mutual Funds coming in first place with the largest holdings of Fiverr International Ltd. (FVRR) shares are Blackrock Funds-Mid-Cap Growth Equity Portfolio and BlackRock Innovation and Growth Trust. Data provided on Nov 29, 2021 indicates that Blackrock Funds-Mid-Cap Growth Equity Portfolio owns about 1.23 million shares. This amounts to just over 3.33 percent of the company’s overall shares, with a $173.51 million market value. The same data shows that the other fund manager holds slightly less at 0.57 million, or about 1.55% of the stock, which is worth about $64.71 million.