We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Fiverr International (FVRR) Dips More Than Broader Markets: What You Should Know
Read MoreHide Full Article
In the latest trading session, Fiverr International (FVRR - Free Report) closed at $81.01, marking a -0.52% move from the previous day. This change lagged the S&P 500's daily loss of 0.37%.
Prior to today's trading, shares of the online marketplace for freelance services had lost 17.42% over the past month. This has lagged the Retail-Wholesale sector's loss of 6.95% and the S&P 500's loss of 6.01% in that time.
Fiverr International will be looking to display strength as it nears its next earnings release, which is expected to be February 17, 2022. On that day, Fiverr International is projected to report earnings of $0.13 per share, which would represent year-over-year growth of 8.33%. Our most recent consensus estimate is calling for quarterly revenue of $76.67 million, up 37.19% from the year-ago period.
Any recent changes to analyst estimates for Fiverr International should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Fiverr International currently has a Zacks Rank of #3 (Hold).
Investors should also note Fiverr International's current valuation metrics, including its Forward P/E ratio of 92.18. This valuation marks a premium compared to its industry's average Forward P/E of 30.64.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 235, which puts it in the bottom 8% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Fiverr International (FVRR) Dips More Than Broader Markets: What You Should Know
In the latest trading session, Fiverr International (FVRR - Free Report) closed at $81.01, marking a -0.52% move from the previous day. This change lagged the S&P 500's daily loss of 0.37%.
Prior to today's trading, shares of the online marketplace for freelance services had lost 17.42% over the past month. This has lagged the Retail-Wholesale sector's loss of 6.95% and the S&P 500's loss of 6.01% in that time.
Fiverr International will be looking to display strength as it nears its next earnings release, which is expected to be February 17, 2022. On that day, Fiverr International is projected to report earnings of $0.13 per share, which would represent year-over-year growth of 8.33%. Our most recent consensus estimate is calling for quarterly revenue of $76.67 million, up 37.19% from the year-ago period.
Any recent changes to analyst estimates for Fiverr International should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Fiverr International currently has a Zacks Rank of #3 (Hold).
Investors should also note Fiverr International's current valuation metrics, including its Forward P/E ratio of 92.18. This valuation marks a premium compared to its industry's average Forward P/E of 30.64.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 235, which puts it in the bottom 8% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.