Equities research analysts predict that Fiverr International Ltd. (NYSE:FVRR) will announce ($0.21) earnings per share for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Fiverr International’s earnings, with the highest EPS estimate coming in at ($0.16) and the lowest estimate coming in at ($0.29). The business is scheduled to issue its next quarterly earnings results on Thursday, November 14th.

According to Zacks, analysts expect that Fiverr International will report full year earnings of ($0.91) per share for the current year, with EPS estimates ranging from ($1.37) to ($0.62). For the next year, analysts forecast that the business will post earnings of ($0.74) per share, with EPS estimates ranging from ($1.15) to ($0.44). Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research analysts that follow Fiverr International.

Fiverr International (NYSE:FVRR) last announced its quarterly earnings results on Thursday, August 8th. The company reported ($0.19) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.46) by $0.27. The company had revenue of $25.91 million during the quarter, compared to analysts’ expectations of $24.09 million. The firm’s quarterly revenue was up 40.8% on a year-over-year basis.

FVRR has been the topic of a number of analyst reports. Bank of America decreased their price target on Fiverr International from $31.00 to $30.00 and set a “neutral” rating on the stock in a research note on Friday, August 9th. JMP Securities initiated coverage on Fiverr International in a research note on Monday, July 8th. They issued an “outperform” rating and a $33.00 price target on the stock. Citigroup initiated coverage on Fiverr International in a research note on Monday, July 8th. They issued a “neutral” rating and a $31.00 price target on the stock. JPMorgan Chase & Co. initiated coverage on Fiverr International in a research note on Monday, July 8th. They issued a “neutral” rating and a $30.00 price target on the stock. Finally, Needham & Company LLC initiated coverage on Fiverr International in a research note on Monday, July 8th. They issued a “buy” rating and a $31.00 price target on the stock. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $30.86.

Several institutional investors and hedge funds have recently bought and sold shares of the company. UBS Oconnor LLC purchased a new position in shares of Fiverr International during the second quarter valued at approximately $1,354,000. Marshall Wace North America L.P. purchased a new position in shares of Fiverr International during the second quarter valued at approximately $668,000. Finally, SG Americas Securities LLC purchased a new position in shares of Fiverr International during the second quarter valued at approximately $313,000. 4.34% of the stock is currently owned by hedge funds and other institutional investors.

Fiverr International stock traded up $1.01 during trading hours on Friday, reaching $24.28. The company had a trading volume of 156,824 shares, compared to its average volume of 730,630. Fiverr International has a 12-month low of $21.00 and a 12-month high of $44.25.

Fiverr International Company Profile

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 approximately 200 categories in 8 verticals, including graphic and design, digital marketing, writing and translation, video and animation, music and audio, programming and technology, business, and lifestyle.

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