The price-to-earnings ratio for Fiverr International Ltd (NYSE: FVRR) is above average at 237.94x. The 36-month beta value for FVRR is also noteworthy at 1.69. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for FVRR is 33.25M, and at present, short sellers hold a 11.05% of that float. The average trading volume of FVRR on May 09, 2024 was 1.02M shares.
FVRR) stock’s latest price update
Fiverr International Ltd (NYSE: FVRR)’s stock price has decreased by -3.01 compared to its previous closing price of 20.95. However, the company has seen a -2.45% decrease in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-05-07 that Fiverr’s (FVRR) first-quarter 2024 results are expected to reflect the impacts of growing take rate strength in the core marketplace and growing AI efforts.
FVRR’s Market Performance
FVRR’s stock has fallen by -2.45% in the past week, with a monthly rise of 1.35% and a quarterly drop of -26.00%. The volatility ratio for the week is 3.55% while the volatility levels for the last 30 days are 4.06% for Fiverr International Ltd The simple moving average for the past 20 days is -0.26% for FVRR’s stock, with a -18.92% simple moving average for the past 200 days.
Analysts’ Opinion of FVRR
Many brokerage firms have already submitted their reports for FVRR stocks, with Piper Sandler repeating the rating for FVRR by listing it as a “Neutral.” The predicted price for FVRR in the upcoming period, according to Piper Sandler is $25 based on the research report published on February 22, 2024 of the current year 2024.
Goldman, on the other hand, stated in their research note that they expect to see FVRR reach a price target of $43. The rating they have provided for FVRR stocks is “Buy” according to the report published on January 19th, 2024.
UBS gave a rating of “Buy” to FVRR, setting the target price at $33 in the report published on October 04th of the previous year.
FVRR Trading at -4.24% from the 50-Day Moving Average
After a stumble in the market that brought FVRR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -41.08% of loss for the given period.
Volatility was left at 4.06%, however, over the last 30 days, the volatility rate increased by 3.55%, as shares surge +5.72% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.75% lower at present.
During the last 5 trading sessions, FVRR fell by -2.45%, which changed the moving average for the period of 200-days by -28.78% in comparison to the 20-day moving average, which settled at $20.43. In addition, Fiverr International Ltd saw -25.35% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for FVRR
Current profitability levels for the company are sitting at:
- -0.04 for the present operating margin
- 0.83 for the gross margin
The net margin for Fiverr International Ltd stands at 0.01. The total capital return value is set at -0.02. Equity return is now at value 1.18, with 0.38 for asset returns.
Based on Fiverr International Ltd (FVRR), the company’s capital structure generated 0.56 points at debt to capital in total, while cash flow to debt ratio is standing at 0.18. The debt to equity ratio resting at 1.29. The interest coverage ratio of the stock is 4.9.
Currently, EBITDA for the company is -5.04 million with net debt to EBITDA at -30.41. When we switch over and look at the enterprise to sales, we see a ratio of 2.94. The receivables turnover for the company is 14.92for trailing twelve months and the total asset turnover is 0.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.89.
Conclusion
In summary, Fiverr International Ltd (FVRR) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
