Fiverr International (FVRR) Set to Disclose Earnings This Wednesday

Fiverr International (NYSE:FVRR) is expected to reveal its quarterly earnings ahead of the market opening on Wednesday, February 19th. Analysts predict that the company will report earnings of $0.67 per share alongside projected revenues of $101.39 million for the quarter.

Fiverr International Stock Performance

On Friday, FVRR opened at $33.27. The company has a debt-to-equity ratio of 1.47, a quick ratio of 2.99, and a current ratio of 2.99. Fiverr's stock has seen a 52-week low of $18.83 and a high of $36.11. Currently, the market capitalization of Fiverr stands at approximately $1.29 billion, with a PE ratio of 127.98 and a beta of 1.69. The stock's 50-day moving average price is noted at $32.49, while the 200-day moving average stands at $28.39.

Recent Analyst Ratings

Recently, several research firms have made notable updates concerning Fiverr International. BTIG Research downgraded the company's rating from "buy" to "neutral" on November 4th. Meanwhile, Needham & Company reaffirmed a "buy" rating with a price target set at $36.00 on October 30th. Similarly, JMP Securities also reiterated a "market outperform" rating and a $36.00 target price on January 30th. UBS Group adjusted its price target from $31.00 to $32.00 while maintaining a "neutral" rating as reported on December 3rd. Additionally, Citigroup increased its price target from $36.00 to $39.00, keeping a "buy" rating on the stock as of October 31st. Overall, five investment analysts have assigned a hold rating, while five others recommend buying shares in the company. According to MarketBeat.com, Fiverr International holds a consensus rating of "Moderate Buy" with an average target price of $32.30.

About Fiverr International

Fiverr International Ltd. operates a global online marketplace where a variety of services can be offered and accessed. The platform provides a wide array of categories across ten sectors, including graphic design, digital marketing, writing and translation, video and animation, music and audio, programming and technology, business services, data services, lifestyle products, and photography.

Earnings, Investment, Stock