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Fiverr International (FVRR) Rises Higher Than Market: Key Facts
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In the latest close session, Fiverr International (FVRR - Free Report) was up +2.15% at $24.21. The stock's performance was ahead of the S&P 500's daily gain of 0.21%. Meanwhile, the Dow gained 0.25%, and the Nasdaq, a tech-heavy index, added 0.45%.
The stock of online marketplace for freelance services has risen by 9.17% in the past month, leading the Retail-Wholesale sector's gain of 5.92% and the S&P 500's gain of 3.07%.
Investors will be eagerly watching for the performance of Fiverr International in its upcoming earnings disclosure. The company's upcoming EPS is projected at $0.7, signifying a 9.38% increase compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $108.55 million, indicating a 8.95% upward movement from the same quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.76 per share and a revenue of $433.64 million, indicating changes of +15.97% and +10.77%, respectively, from the former year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Fiverr International. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. At present, Fiverr International boasts a Zacks Rank of #3 (Hold).
Looking at valuation, Fiverr International is presently trading at a Forward P/E ratio of 8.59. This represents a discount compared to its industry average Forward P/E of 18.51.
The Internet - Commerce industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 97, this industry ranks in the top 40% of all industries, numbering over 250.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
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Fiverr International (FVRR) Rises Higher Than Market: Key Facts
In the latest close session, Fiverr International (FVRR - Free Report) was up +2.15% at $24.21. The stock's performance was ahead of the S&P 500's daily gain of 0.21%. Meanwhile, the Dow gained 0.25%, and the Nasdaq, a tech-heavy index, added 0.45%.
The stock of online marketplace for freelance services has risen by 9.17% in the past month, leading the Retail-Wholesale sector's gain of 5.92% and the S&P 500's gain of 3.07%.
Investors will be eagerly watching for the performance of Fiverr International in its upcoming earnings disclosure. The company's upcoming EPS is projected at $0.7, signifying a 9.38% increase compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $108.55 million, indicating a 8.95% upward movement from the same quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.76 per share and a revenue of $433.64 million, indicating changes of +15.97% and +10.77%, respectively, from the former year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Fiverr International. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. At present, Fiverr International boasts a Zacks Rank of #3 (Hold).
Looking at valuation, Fiverr International is presently trading at a Forward P/E ratio of 8.59. This represents a discount compared to its industry average Forward P/E of 18.51.
The Internet - Commerce industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 97, this industry ranks in the top 40% of all industries, numbering over 250.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.