Fiverr International (NYSE:FVRR) was upgraded by equities research analysts at MKM Partners from a “sell” rating to a “neutral” rating in a research note issued to investors on Wednesday, Benzinga reports. The brokerage currently has a $245.00 price objective on the stock, down from their previous price objective of $260.00. MKM Partners’ target price indicates a potential upside of 6.85% from the company’s previous close.
A number of other equities research analysts have also weighed in on FVRR. The Goldman Sachs Group initiated coverage on Fiverr International in a report on Monday, December 21st. They issued a “buy” rating and a $253.00 price objective on the stock. Needham & Company LLC reaffirmed a “buy” rating and issued a $335.00 price objective on shares of Fiverr International in a report on Thursday, February 18th. Smith Barney Citigroup lifted their price objective on Fiverr International from $185.00 to $270.00 in a report on Tuesday, January 12th. Citigroup lifted their price target on shares of Fiverr International from $270.00 to $350.00 in a research report on Friday, February 19th. Finally, JMP Securities lifted their price target on shares of Fiverr International from $190.00 to $340.00 and gave the company an “outperform” rating in a research report on Friday, February 19th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $224.31.
NYSE FVRR opened at $229.30 on Wednesday. The company has a quick ratio of 2.46, a current ratio of 2.46 and a debt-to-equity ratio of 0.01. Fiverr International has a 52-week low of $20.42 and a 52-week high of $336.00. The business’s 50-day moving average price is $262.52 and its 200 day moving average price is $194.79. The firm has a market cap of $7.11 billion, a P/E ratio of -533.24 and a beta of 2.24.
This brand new report is your guide to finding the lithium supply chain winners… including one with a massive new mine.
Fiverr International (NYSE:FVRR) last announced its quarterly earnings data on Thursday, February 18th. The company reported $0.12 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.12. Fiverr International had a negative return on equity of 4.48% and a negative net margin of 8.69%. The company had revenue of $55.89 million for the quarter, compared to analyst estimates of $53.95 million. As a group, analysts anticipate that Fiverr International will post -0.13 earnings per share for the current year.
Institutional investors have recently modified their holdings of the stock. Hamilton Lane Advisors LLC acquired a new position in shares of Fiverr International during the 4th quarter worth approximately $1,328,000. Legal Advantage Investments Inc. acquired a new position in shares of Fiverr International during the 4th quarter worth approximately $907,000. Arkadios Wealth Advisors raised its position in shares of Fiverr International by 2,229.4% during the 4th quarter. Arkadios Wealth Advisors now owns 396 shares of the company’s stock worth $77,000 after purchasing an additional 379 shares during the last quarter. WASHINGTON TRUST Co acquired a new position in shares of Fiverr International during the 3rd quarter worth approximately $30,000. Finally, Steward Partners Investment Advisory LLC raised its position in shares of Fiverr International by 500.0% during the 3rd quarter. Steward Partners Investment Advisory LLC now owns 900 shares of the company’s stock worth $125,000 after purchasing an additional 750 shares during the last quarter. Hedge funds and other institutional investors own 57.89% of the company’s stock.
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 300 categories in eight verticals, including graphic and design, digital marketing, writing and translation, video and animation, music and audio, programming and technology, business, and lifestyle.
Further Reading: Stocks Increasing Dividends
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]
7 Post-Inauguration Stocks to Buy For Under $20
There’s a new occupant (officially) at 1600 Pennsylvania Avenue and the stock market is doing its part to promote unity. The Dow shot to a record high on Inauguration Day. We don’t imagine the honeymoon will last long. However it serves as a reminder that investors are more interested in the “what” more than “what party” when it comes to the way it moves.
With that said, many investors are attempting to read the tea leaves of the nascent Biden administration. One of the challenges will be that many of the usual suspects such as the FAANG stocks remain popular, yet frighteningly expensive (in terms of share price).
Valuation is in the eye of the beholder. But some investors may be looking for low-priced stocks that can get them more bang for their buck. The good news is that there are many stocks that you can buy for under $20 that not only show impressive growth, but are leaning in to the macroeconomic issues that will be present during at least the early part of the Biden administration.
In this special presentation, we’re giving you seven of our picks for low-priced stocks you can buy for under $20 today. But take note, these stocks may easily be over $20 in the next few months.
from WordPress https://ift.tt/3t6vG8T
via IFTTT
No hay comentarios:
Publicar un comentario