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Fiverr International (FVRR) Declines More Than Market: Some Information for Investors
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Fiverr International (FVRR - Free Report) closed at $10.20 in the latest trading session, marking a -3.23% move from the prior day. The stock's change was less than the S&P 500's daily loss of 0.28%. Elsewhere, the Dow lost 0.44%, while the tech-heavy Nasdaq lost 0.28%.
The online marketplace for freelance services's stock has dropped by 14.66% in the past month, falling short of the Retail-Wholesale sector's loss of 3.76% and the S&P 500's loss of 3.59%.
The upcoming earnings release of Fiverr International will be of great interest to investors. The company's earnings per share (EPS) are projected to be $0.63, reflecting a 1.56% decrease from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $104.35 million, down 2.64% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $2.22 per share and revenue of $403.62 million. These totals would mark changes of -24.75% and -6.33%, respectively, from last year.
Investors should also pay attention to any latest changes in analyst estimates for Fiverr International. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 25.27% lower. Right now, Fiverr International possesses a Zacks Rank of #5 (Strong Sell).
Looking at valuation, Fiverr International is presently trading at a Forward P/E ratio of 4.75. This indicates a discount in contrast to its industry's Forward P/E of 15.6.
The Internet - Commerce industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 158, placing it within the bottom 36% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. 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) Declines More Than Market: Some Information for Investors
Fiverr International (FVRR - Free Report) closed at $10.20 in the latest trading session, marking a -3.23% move from the prior day. The stock's change was less than the S&P 500's daily loss of 0.28%. Elsewhere, the Dow lost 0.44%, while the tech-heavy Nasdaq lost 0.28%.
The online marketplace for freelance services's stock has dropped by 14.66% in the past month, falling short of the Retail-Wholesale sector's loss of 3.76% and the S&P 500's loss of 3.59%.
The upcoming earnings release of Fiverr International will be of great interest to investors. The company's earnings per share (EPS) are projected to be $0.63, reflecting a 1.56% decrease from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $104.35 million, down 2.64% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $2.22 per share and revenue of $403.62 million. These totals would mark changes of -24.75% and -6.33%, respectively, from last year.
Investors should also pay attention to any latest changes in analyst estimates for Fiverr International. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 25.27% lower. Right now, Fiverr International possesses a Zacks Rank of #5 (Strong Sell).
Looking at valuation, Fiverr International is presently trading at a Forward P/E ratio of 4.75. This indicates a discount in contrast to its industry's Forward P/E of 15.6.
The Internet - Commerce industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 158, placing it within the bottom 36% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. 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.