Fiverr International (FVRR) to Release Earnings on Wednesday

Fiverr International (NYSE:FVRR) is projected to issue its Q4 2021 results before the market opens on Wednesday, October 29th. Analysts expect Fiverr International to post earnings of $0.70 per share and revenue of $107.8790 million for the quarter. Fiverr International has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS.Interested persons can check the company’s upcoming Q4 2021 earningsummary page for the latest details on the call scheduled for Thursday, February 17, 2022 at 8:30 AM ET.

Fiverr International (NYSE:FVRR) last posted its earnings results on Wednesday, July 30th. The company reported $0.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.72 by ($0.03). The business had revenue of $108.65 million during the quarter, compared to the consensus estimate of $107.75 million. Fiverr International had a return on equity of 11.87% and a net margin of 4.34%.The firm’s revenue for the quarter was up 14.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.58 earnings per share. On average, analysts expect Fiverr International to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Fiverr International Stock Up 1.5%

NYSE FVRR opened at $23.10 on Wednesday. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.32 and a quick ratio of 1.32. The stock has a market capitalization of $828.07 million, a PE ratio of 48.13 and a beta of 1.45. Fiverr International has a 1 year low of $20.83 and a 1 year high of $36.11. The business’s 50-day moving average is $23.60 and its 200 day moving average is $26.34.

Hedge Funds Weigh In On Fiverr International

Several large investors have recently made changes to their positions in the business. Tidal Investments LLC lifted its holdings in shares of Fiverr International by 2.5% during the second quarter. Tidal Investments LLC now owns 25,420 shares of the company’s stock valued at $746,000 after purchasing an additional 614 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Fiverr International by 4.5% during the second quarter. Geode Capital Management LLC now owns 25,817 shares of the company’s stock valued at $756,000 after purchasing an additional 1,112 shares during the last quarter. Engineers Gate Manager LP lifted its holdings in shares of Fiverr International by 2.2% during the second quarter. Engineers Gate Manager LP now owns 103,248 shares of the company’s stock valued at $3,028,000 after purchasing an additional 2,233 shares during the last quarter. Tower Research Capital LLC TRC lifted its holdings in shares of Fiverr International by 4,392.6% during the second quarter. Tower Research Capital LLC TRC now owns 3,055 shares of the company’s stock valued at $90,000 after purchasing an additional 2,987 shares during the last quarter. Finally, Legal & General Group Plc lifted its holdings in shares of Fiverr International by 11.5% during the second quarter. Legal & General Group Plc now owns 33,271 shares of the company’s stock valued at $976,000 after purchasing an additional 3,437 shares during the last quarter. 59.00% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms recently issued reports on FVRR. BTIG Research raised Fiverr International from a “neutral” rating to a “buy” rating and set a $31.00 target price on the stock in a research note on Friday, September 19th. UBS Group cut their target price on Fiverr International from $32.00 to $25.00 and set a “neutral” rating on the stock in a research note on Thursday, July 31st. Oppenheimer cut their price objective on Fiverr International from $35.00 to $30.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 16th. JPMorgan Chase & Co. raised Fiverr International from a “neutral” rating to an “overweight” rating and cut their price objective for the company from $32.00 to $30.00 in a research report on Thursday, July 31st. Finally, Wall Street Zen cut Fiverr International from a “strong-buy” rating to a “buy” rating in a research report on Sunday, June 29th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $32.60.

About Fiverr International

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.