Fiverr International (FVRR) Set to Announce Earnings on Thursday

Fiverr International (NYSE:FVRR) will be releasing its earnings data before the market opens on Thursday, May 9th. Analysts expect Fiverr International to post earnings of $0.52 per share for the quarter. Fiverr International has set its FY 2024 guidance at EPS and its Q1 2024 guidance at EPS.Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Fiverr International (NYSE:FVRR) last posted its quarterly earnings results on Thursday, February 22nd. The company reported $0.56 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.04. Fiverr International had a return on equity of 3.71% and a net margin of 1.02%. The company had revenue of $91.50 million during the quarter, compared to analysts’ expectations of $97.00 million. During the same quarter in the previous year, the firm earned ($0.19) EPS. Fiverr International’s revenue was up 10.1% on a year-over-year basis. 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 Price Performance

Fiverr International stock opened at $20.85 on Thursday. The company has a debt-to-equity ratio of 1.30, a quick ratio of 2.89 and a current ratio of 2.89. Fiverr International has a 52 week low of $18.83 and a 52 week high of $36.33. The stock has a market capitalization of $805.85 million, a P/E ratio of 231.67 and a beta of 1.71. The stock has a fifty day moving average of $21.33 and a 200-day moving average of $24.18.

Wall Street Analyst Weigh In

A number of research firms have recently commented on FVRR. The Goldman Sachs Group raised Fiverr International from a “neutral” rating to a “buy” rating and set a $43.00 price target for the company in a report on Friday, January 19th. Piper Sandler cut Fiverr International from an “overweight” rating to a “neutral” rating and lowered their target price for the stock from $30.00 to $25.00 in a report on Thursday, February 22nd. JPMorgan Chase & Co. lowered their target price on Fiverr International from $35.00 to $30.00 and set a “neutral” rating for the company in a report on Friday, February 23rd. Royal Bank of Canada lowered their target price on Fiverr International from $30.00 to $26.00 and set a “sector perform” rating for the company in a report on Friday, February 23rd. Finally, JMP Securities reaffirmed a “market outperform” rating and issued a $40.00 target price on shares of Fiverr International in a report on Tuesday, January 30th. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, Fiverr International presently has an average rating of “Moderate Buy” and an average target price of $34.36.

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.