During the last session, Fiverr International Ltd (NYSE:FVRR)’s traded shares were 0.39 million, with the beta value of the company hitting 1.72. At the end of the trading day, the stock’s price was $23.46, reflecting an intraday gain of 1.12% or $0.26. The 52-week high for the FVRR share is $31.61, that puts it down -34.74 from that peak though still a striking 19.74% gain since the share price plummeted to a 52-week low of $18.83. The company’s market capitalization is $907.90M, and the average intraday trading volume over the past 10 days was 1.3 million shares, and the average trade volume was 927.36K shares over the past three months.
Fiverr International Ltd (FVRR) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.73. FVRR has a Sell rating from 0 analyst(s) out of 15 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 12 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 0.58.
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Fiverr International Ltd (NYSE:FVRR) trade information
Fiverr International Ltd (FVRR) registered a 1.12% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 1.12% in intraday trading to $23.46, hitting a weekly high. The stock’s 5-day price performance is -1.47%, and it has moved by 3.21% in 30 days. Based on these gigs, the overall price performance for the year is -21.77%. The short interest in Fiverr International Ltd (NYSE:FVRR) is 4.3 million shares and it means that shorts have 5.9 day(s) to cover.
The consensus price target of analysts on Wall Street is $44, which implies an increase of 46.68% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $25 and $68 respectively. As a result, FVRR is trading at a discount of -189.86% off the target high and -6.56% 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 -15.49% during the last six months, with a year-to-date growth rate more than the industry average at 21.03% against 19.10. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 5.50% this quarter and then jump 8.90% in the quarter after that. In the rating firms’ projections, revenue will increase 6.60% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 96.68M as predicted by 11 analyst(s). Meanwhile, a consensus of 11 analyst(s) estimates revenue growth to 100.41M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 92.53M and 91.5M respectively. In this case, analysts expect current quarter sales to grow by 4.50% and then jump by 9.70% in the coming quarter.
While earnings are projected to return 29.26% in 2024.
FVRR Dividends
Fiverr International Ltd is due to release its next quarterly earnings 2024-Nov-07. 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
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The next largest institutional holding, with 0.97 million shares, is of BLACKROCK INC.’s that is approximately 2.512% of outstanding shares. At the market price on 2024-03-31, these shares were valued at $20.38 million.
Also, the Mutual Funds coming in first place with the largest holdings of Fiverr International Ltd (FVRR) shares are Smallcap World Fund and Federated Hermes Kaufmann Small Cap Fund . Data provided on Mar 31, 2024 indicates that Smallcap World Fund owns about 1.52 shares. This amounts to just over 3.93 percent of the company’s overall shares, with a $35.63 million market value. The same data shows that the other fund manager holds slightly less at 725.0, or about 1.88% of the stock, which is worth about $17.01 million.
