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Several other analysts have also recently weighed in on FVRR. The Goldman Sachs Group dropped their price objective on shares of Fiverr International from $44.00 to $39.00 and set a "buy" rating for the company in a research note on Thursday, August 1st. Needham & Company LLC reiterated a "buy" rating and issued a $36.00 price target on shares of Fiverr International in a research report on Wednesday, October 30th. Roth Mkm reiterated a "buy" rating and issued a $32.00 price target (up from $30.00) on shares of Fiverr International in a research note on Thursday, August 1st. JMP Securities raised their price objective on Fiverr International from $32.00 to $36.00 and gave the stock a "market outperform" rating in a research note on Thursday. Finally, Citigroup upped their target price on Fiverr International from $36.00 to $39.00 and gave the company a "buy" rating in a research report on Thursday. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $31.60.

View Our Latest Report on Fiverr International

Fiverr International stock opened at $30.19 on Monday. The company has a market capitalization of $1.17 billion, a price-to-earnings ratio of 116.12 and a beta of 1.68. The company has a current ratio of 2.99, a quick ratio of 3.17 and a debt-to-equity ratio of 1.47. Fiverr International has a 12 month low of $18.83 and a 12 month high of $32.68. The stock's 50 day moving average is $24.62 and its 200-day moving average is $23.77.

Fiverr International (NYSE:FVRR - Get Free Report) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $0.28 EPS for the quarter, beating analysts' consensus estimates of $0.19 by $0.09. The firm had revenue of $99.63 million for the quarter, compared to analyst estimates of $96.37 million. Fiverr International had a return on equity of 7.10% and a net margin of 2.67%. Equities research analysts expect that Fiverr International will post 0.57 EPS for the current year.

Hedge funds and other institutional investors have recently modified their holdings of the business. Shaker Investments LLC OH bought a new stake in shares of Fiverr International during the 3rd quarter worth $552,000. Engine Capital Management LP lifted its holdings in shares of Fiverr International by 2.7% in the second quarter. Engine Capital Management LP now owns 814,294 shares of the company's stock worth $19,079,000 after acquiring an additional 21,144 shares during the last quarter. Van ECK Associates Corp lifted its holdings in shares of Fiverr International by 18.4% in the second quarter. Van ECK Associates Corp now owns 14,183 shares of the company's stock worth $332,000 after acquiring an additional 2,208 shares during the last quarter. ARK Investment Management LLC boosted its stake in shares of Fiverr International by 27.1% in the 2nd quarter. ARK Investment Management LLC now owns 109,586 shares of the company's stock valued at $2,568,000 after purchasing an additional 23,335 shares in the last quarter. Finally, Swedbank AB bought a new stake in shares of Fiverr International during the 1st quarter valued at approximately $400,000. Institutional investors own 59.00% of the company's stock.

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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