Fiverr International Ltd [NYSE: FVRR] stock went on an upward path that rose over 16.31% on Wednesday, amounting to a one-week price increase of more than 30.00%.
Over the last 12 months, FVRR stock rose by 38.13%. The one-year Fiverr International Ltd stock forecast points to a potential upside of 12.35. The average equity rating for FVRR stock is currently 1.73, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $1.03 billion, with 38.65 million shares outstanding and 29.84 million shares in the current float. Compared to the average trading volume of 650.81K shares, FVRR stock reached a trading volume of 4540803 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Fiverr International Ltd [FVRR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FVRR shares is $33.27 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FVRR stock is a recommendation set at 1.73. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
UBS have made an estimate for Fiverr International Ltd shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on July 02, 2024. While these analysts kept the previous recommendation, Piper Sandler dropped their target price from $30 to $25. The new note on the price target was released on February 22, 2024, representing the official price target for Fiverr International Ltd stock. Previously, the target price had yet another raise to $43, while Goldman analysts kept a Buy rating on FVRR stock.
The Average True Range (ATR) for Fiverr International Ltd is set at 1.48, with the Price to Sales ratio for FVRR stock in the period of the last 12 months amounting to 2.76. The Price to Book ratio for the last quarter was 3.51, with the Price to Cash per share for the same quarter was set at 13.84. Price to Free Cash Flow for FVRR in the course of the last twelve months was 11.52 with Quick ratio for the last quarter at 3.17.
FVRR Stock Performance Analysis:
Fiverr International Ltd [FVRR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 30.00. With this latest performance, FVRR shares gained by 20.20% in over the last four-week period, additionally plugging by 39.99% over the last 6 months – not to mention a rise of 38.13% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FVRR stock in for the last two-week period is set at 73.51, with the RSI for the last a single of trading hit 81.42, and the three-weeks RSI is set at 67.73 for Fiverr International Ltd [FVRR]. The present Moving Average for the last 50 days of trading for this stock 24.51, while it was recorded at 24.81 for the last single week of trading, and 23.76 for the last 200 days.
Insight into Fiverr International Ltd Fundamentals:
Fiverr International Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.17 and a Current Ratio set at 3.17.
FVRR Stock EPS
With the latest financial reports released by the company, Fiverr International Ltd posted 0.55/share EPS, while the average EPS was predicted by analysts to be reported at 0.44/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.11. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for FVRR.
Fiverr International Ltd [FVRR] Institutonal Ownership Details
The top three institutional holders of FVRR stocks are: CAPITAL INTERNATIONAL INVESTORS with ownership of 1.52 million shares, which is approximately 3.9193%. WELLINGTON MANAGEMENT GROUP LLP, holding 1.35 million shares of the stock with an approximate value of $$31.68 million in FVRR stocks shares; and WELLINGTON MANAGEMENT GROUP LLP, currently with $$25.36 million in FVRR stock with ownership which is approximately 2.7924%.
