The closing price of Fiverr International Ltd (NYSE: FVRR) was $21.81 for the day, down -3.92% from the previous closing price of $22.70. In other words, the price has decreased by -$0.89 from its previous closing price. On the day, 768671 shares were traded.
Ratios:
Our analysis of FVRR’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.65. For the most recent quarter (mrq), Quick Ratio is recorded 2.89 and its Current Ratio is at 2.89. In the meantime, Its Debt-to-Equity ratio is 1.30 whereas as Long-Term Debt/Eq ratio is at 1.29.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Piper Sandler on February 22, 2024, Downgraded its rating to Neutral and sets its target price to $25 from $30 previously.
On January 19, 2024, Goldman Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $43.
On October 04, 2023, UBS started tracking the stock assigning a Buy rating and target price of $33.UBS initiated its Buy rating on October 04, 2023, with a $33 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FVRR now has a Market Capitalization of 844.09M and an Enterprise Value of 889.08M. As of this moment, Fiverr’s Price-to-Earnings (P/E) ratio for their current fiscal year is 255.39, and their Forward P/E ratio for the next fiscal year is 8.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.34 while its Price-to-Book (P/B) ratio in mrq is 2.37. Its current Enterprise Value per Revenue stands at 2.46 whereas that against EBITDA is 65.46.
Stock Price History:
Over the past 52 weeks, FVRR has reached a high of $37.18, while it has fallen to a 52-week low of $20.04. The 50-Day Moving Average of the stock is 25.68, while the 200-Day Moving Average is calculated to be 26.36.
Shares Statistics:
FVRR traded an average of 954.20K shares per day over the past three months and 713.72k shares per day over the past ten days. A total of 38.65M shares are outstanding, with a floating share count of 33.15M. Insiders hold about 14.34% of the company’s shares, while institutions hold 51.80% stake in the company. Shares short for FVRR as of Feb 29, 2024 were 3.65M with a Short Ratio of 3.82, compared to 4.91M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 9.42% and a Short% of Float of 11.04%.
Earnings Estimates
The firm’s stock currently is rated by 8 analysts. On average, analysts expect EPS of $0.45 for the current quarter, with a high estimate of $0.53 and a low estimate of $0.32, while EPS last year was $0.36. The consensus estimate for the next quarter is $0.53, with high estimates of $0.61 and low estimates of $0.38.
Analysts are recommending an EPS of between $2.46 and $1.61 for the fiscal current year, implying an average EPS of $2.11. EPS for the following year is $2.34, with 8 analysts recommending between $2.91 and $1.83.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 11 analysts. It ranges from a high estimate of $93.23M to a low estimate of $91.7M. As of the current estimate, Fiverr International Ltd’s year-ago sales were $87.96M, an estimated increase of 5.10% from the year-ago figure. For the next quarter, 11 analysts are estimating revenue of $94.54M, an increase of 5.80% over than the figure of $5.10% in the same quarter last year. There is a high estimate of $96M for the next quarter, whereas the lowest estimate is $93.45M.
A total of 11 analysts have provided revenue estimates for FVRR’s current fiscal year. The highest revenue estimate was $385.34M, while the lowest revenue estimate was $379.1M, resulting in an average revenue estimate of $382.98M. In the same quarter a year ago, actual revenue was $361.38M, up 6.00% from the average estimate. Based on 11 analysts’ estimates, the company’s revenue will be $426.21M in the next fiscal year. The high estimate is $453.72M and the low estimate is $407.5M. The average revenue growth estimate for next year is up 11.30% from the average revenue estimate for this year.
