Markets
News
Analysis
User
24/7
Economic Calendar
Education
Data
- Names
- Latest
- Prev
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
A:--
F: --
A:--
F: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
A:--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
--
F: --
P: --
No matching data
Latest Views
Latest Views
Trending Topics
To quickly learn market dynamics and follow market focuses in 15 min.
In the world of mankind, there will not be a statement without any position, nor a remark without any purpose.
Inflation, exchange rates, and the economy shape the policy decisions of central banks; the attitudes and words of central bank officials also influence the actions of market traders.
Money makes the world go round and currency is a permanent commodity. The forex market is full of surprises and expectations.
Top Columnists
Enjoy exciting activities, right here at FastBull.
The latest breaking news and the global financial events.
I have 5 years of experience in financial analysis, especially in aspects of macro developments and medium and long-term trend judgment. My focus is maily on the developments of the Middle East, emerging markets, coal, wheat and other agricultural products.
BeingTrader chief Trading Coach & Speaker, 8+ years of experience in the forex market trading mainly XAUUSD, EUR/USD, GBP/USD, USD/JPY, and Crude Oil. A confident trader and analyst who aims to explore various opportunities and guide investors in the market. As an analyst I am looking to enhance the trader’s experience by supporting them with sufficient data and signals.
Latest Update
Risk Warning on Trading HK Stocks
Despite Hong Kong's robust legal and regulatory framework, its stock market still faces unique risks and challenges, such as currency fluctuations due to the Hong Kong dollar's peg to the US dollar and the impact of mainland China's policy changes and economic conditions on Hong Kong stocks.
HK Stock Trading Fees and Taxation
Trading costs in the Hong Kong stock market include transaction fees, stamp duty, settlement charges, and currency conversion fees for foreign investors. Additionally, taxes may apply based on local regulations.
HK Non-Essential Consumer Goods Industry
The Hong Kong stock market encompasses non-essential consumption sectors like automotive, education, tourism, catering, and apparel. Of the 643 listed companies, 35% are mainland Chinese, making up 65% of the total market capitalization. Thus, it's heavily influenced by the Chinese economy.
HK Real Estate Industry
In recent years, the real estate and construction sector's share in the Hong Kong stock index has notably decreased. Nevertheless, as of 2022, it retains around 10% market share, covering real estate development, construction engineering, investment, and property management.
Hongkong, China
Ho Chi Minh, Vietnam
Dubai, UAE
Lagos, Nigeria
Cairo, Egypt
White Label
Data API
Web Plug-ins
Affiliate Program
View All
No data
Not Logged In
Log in to access more features
FastBull Membership
Not yet
Purchase
Log In
Sign Up
Hongkong, China
Ho Chi Minh, Vietnam
Dubai, UAE
Lagos, Nigeria
Cairo, Egypt
White Label
Data API
Web Plug-ins
Affiliate Program
NEW YORK, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Fiverr International Ltd, (NYSE: FVRR), the company that is changing how the world works together, today announced that Micha Kaufman, Founder and Chief Executive Officer, and Ofer Katz, President and Chief Financial Officer, will present at the upcoming Goldman Sachs Communacopia and Technology Conference:
Goldman Sachs Communacopia + Technology ConferenceDate: Monday, September 9, 2024Time: 11:30 am Pacific Time
A live webcast of the presentation will be accessible from the Events & Presentations section of Fiverr's investor relations website, https://investors.fiverr.com. An archived replay of the audio webcast will be available following the live presentation from the same website.
About Fiverr
Fiverr’s mission is to change how the world works together. We exist to democratize access to talent and to provide talent with access to opportunities so anyone can grow their business, brand, or dreams. From small businesses to Fortune 500, around 4 million customers worldwide worked with freelance talent on Fiverr in the past year, ensuring their workforces remain flexible, adaptive, and agile. With Fiverr Business Solutions, large companies can find the right talent and tools, tailored to their needs to help them thrive and grow. On Fiverr, you can find over 700 skills, ranging from programming to 3D design, digital marketing to content creation, from video animation to architecture.
Don’t get left behind - come be a part of the future of work by visiting fiverr.com, read our blog, and follow us on X, Instagram, and Facebook.
Investor Relations:Jinjin Qianinvestors@fiverr.com
Press:Siobhan Aalderspress@fiverr.com
Source: Fiverr International Ltd.
The gig economy has grown exponentially in the past few years, driven by the digital revolution, changing workforce preferences, and a strong need for flexible and cost-effective employment solutions.
Given the industry’s tailwinds, investors could consider buying fundamentally sound gig economy stocks, PayPal Holdings, Inc. , eBay Inc. , and Fiverr International Ltd. , which are thriving in a post-pandemic world.
The gig economy is a relatively new term for businesses and individuals participating in short-term, project-based work instead of conventional full-time jobs. According to the International Federation of Accountants, the economic impact of the gig economy will result in gig workers outnumbering traditional workers by 2027.
Post-pandemic, more than 16% of global organizations have embraced new work platforms, allowing freelance workers to secure gig engagements successfully. The American workforce is one of the biggest benefactors of the gig economy, with Generation Z being the most willing to embrace these changes.
Considering these encouraging trends, let’s take a look at the fundamentals of the three best gig economy stocks.
PayPal Holdings, Inc. (PYPL)
PYPL operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It operates a two-sided network at scale that connects merchants and consumers, and enables its customers to connect, transact, and send and receive payments online and in person, as well as transfer and withdraw funds using various funding sources.
On August 6, 2024, PYPL announced that Fastlane by PYPL was available for U.S. businesses of all sizes, helping to increase their sales and drive customer loyalty in time for the upcoming holiday shopping season.
PYPL’s trailing-12-month levered FCF margin of 20.65% is 13.9% higher than the industry average of 18.13%. Also, the stock’s trailing-12-month ROCE and ROTC of 22.03% and 10.32% are favorably compared to the industry averages of 10.26% and 6.90%, respectively.
For the second quarter that ended June 30, 2024, PYPL’s net revenues increased 8% year-over-year to $7.89 billion. Its non-GAAP net income and non-GAAP earnings per share came in at $1.24 billion and $1.19, respectively. In addition, as of June 30, 2024, the company’s total assets stood at $84.02 billion, compared to $82.17 billion as of December 31, 2023.
Analysts expect PYPL’s revenue for the third quarter ending September 2024 to increase 6.2% year-over-year to $7.88 billion. Street expects its EPS to be $1.06 for the same quarter. Moreover, the company surpassed consensus revenue estimates in each of the trailing four quarters, which is promising.
PYPL’s stock has soared 22.8% over the past nine months to close the last trading session at $69.43.
PYPL’s POWR Ratings reflect this robust outlook. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
The stock has a B grade for Momentum and Sentiment. It is ranked #17 in the 47-stock Consumer Financial Services industry.
Beyond what is stated above, we’ve also rated PYPL for Growth, Value, Stability, and Quality. Get all PYPL ratings here.
eBay Inc. (EBAY)
EBAY operates marketplace platforms that connect buyers and sellers in the United States, the United Kingdom, China, Germany, and internationally. The company's marketplace platform includes its online marketplace at eBay.com, off-platform businesses, and the eBay suite of mobile apps.
EBAY’s trailing-12-month gross profit margin of 72.03% is 95.3% higher than the industry average of 36.89%. Its trailing-12-month EBIT margin of 21.45% is 172.4% higher than the 7.88% industry average. Also, the stock’s trailing-12-month net income margin of 26.41% is 477.8% higher than the 4.57% industry average.
During the fiscal second quarter that ended June 30, 2024, EBAY’s net revenues increased 32% year-over-year to $2.57 billion. Its non-GAAP net income from continuing operations stood at $602 million and $1.18 per share, up 8% and 15% over the prior-year quarter, respectively.
Analysts expect EBAY’s revenue for the third quarter (ending September 2024) to increase 1.7% year-over-year to $2.54 billion. For the same quarter, the company’s EPS is expected to increase by 14.5% year-over-year to $1.18. Moreover, the company surpassed the consensus revenue and EPS estimates in each of the trailing four quarters.
Shares of EBAY have gained 41.2% over the past nine months to close the last trading session at $56.68.
EBAY’s POWR Ratings reflect bright prospects. The stock has an overall rating of B, which equates to a Buy in our proprietary rating system.
EBAY has an A grade for Quality and a B for Momentum. It is ranked #15 out of 51 stocks in the B-rated Internet industry.
In addition to the POWR Ratings highlighted above, one can access EBAY’s ratings for Growth, Value, Stability, and Sentiment here.
Fiverr International Ltd. (FVRR)
Headquartered in Tel Aviv, Israel, FVRR operates an online marketplace worldwide. Its platform enables sellers to sell their services and buyers to buy them. The company’s platform includes approximately 600 categories in ten verticals, including graphic design, digital marketing, writing, translation, video, and more.
FVRR’s trailing-12-month gross profit margin of 83.34% is 165.3% higher than the industry average of 31.41%. Likewise, its trailing-12-month levered FCF margin of 18.49% is 181.9% higher than the industry average of 16.56%.
FVRR’s revenues for the fiscal second quarter that ended June 30, 2024, increased 5.9% year-over-year to $94.66 million. Its gross profit rose 6.6% year-over-year to $78.64 million.
Moreover, its net income stood at $3.27 million, up considerably from the year-ago quarter. Also, its net income per share attributable to ordinary shareholders increased 800% over the prior-year quarter to $0.08.
Analysts expect FVRR’s revenue for the quarter ending September 2024 to increase 4.2% year-over-year to $96.39 million. Its EPS for the same quarter is expected to increase 10.1% year-over-year to $0.61. Moreover, the company surpassed the consensus EPS estimates in each of the trailing four quarters.
Over the past three months, the stock has gained 3.3%, closing the last trading session at $25.96.
FVRR’s strong fundamentals are reflected in its POWR Ratings. It has an overall rating of B, which equates to a Buy in our proprietary rating system.
FVRR has an A grade for Growth and a B for Value and Quality. The stock is ranked #7 in the Internet industry.
What To Do Next?
Discover 10 widely held stocks that our proprietary model shows have tremendous downside potential. Please make sure none of these “death trap” stocks are lurking in your portfolio:
10 Stocks to SELL NOW! >
PYPL shares were trading at $71.75 per share on Tuesday afternoon, up $2.32 (+3.34%). Year-to-date, PYPL has gained 16.84%, versus a 18.18% rise in the benchmark S&P 500 index during the same period.
NEW YORK, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Fiverr International Ltd. (NYSE: FVRR), the company that is changing how the world works together, released its 2023 Environmental, Social and Governance (ESG) report, detailing the actions taken in 2023 to ensure a more sustainable future and introducing new goals that are aligned with Fiverr’s key pillars and overall mission. Fiverr’s efforts around sustainability are an extension of the company’s core values and its culture of empowerment. Additionally, the company has aligned itself with six of the United Nations Sustainable Development Goals towards which its actions and initiatives can have the greatest impact: Quality Education; Affordable and Clean Energy; Gender Equality; Decent Work and Economic Growth; Reduced Inequalities; and Climate Action.
“I am pleased with the progress that Fiverr has made over the last three years as we have laid out our ESG goals,” said Micha Kaufman, founder and CEO of Fiverr. “In a dynamic and ever-changing world, with evolving challenges, it is important that Fiverr continues to demonstrate its commitment to the global community, through these impact-driven initiatives that take us a step closer to greater equity. Our ESG goals are at the heart of how we think about business, about creating opportunity globally and doing what we can to ensure a greener, cleaner world for everyone.”
Highlights from the report include:
ESG Goals
We created a detailed roadmap of ESG Goals that are aligned with our key pillars and integrate with our overall mission in the following fields:
Creating Fair Economic and Social Opportunities:
Marketplace Integrity and Ethics:
Empowering Our People:
Climate Change:
Please find the full report here for more details about these and other initiatives.
About Fiverr
Fiverr’s mission is to change how the world works together. We exist to democratize access to talent and to provide talent with access to opportunities so anyone can grow their business, brand, or dreams. From small businesses to Fortune 500, around 4 million customers worldwide worked with freelance talent on Fiverr in the past year, ensuring their workforces remain flexible, adaptive, and agile. With Fiverr Business Solutions, large companies can find the right talent and tools, tailored to their needs to help them thrive and grow. On Fiverr, you can find over 700 skills, ranging from programming to 3D design, digital marketing to content creation, from video animation to architecture.
Don’t get left behind - come be a part of the future of work by visiting fiverr.com, read our blog, and follow us on X,Instagram, and Facebook.
Press ContactSiobhan Aalderspress@fiverr.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1771db44-9855-4047-b77d-79dfef5ccaa8
Shares of Fiverr International have gained 1% over the past four weeks to close the last trading session at $23.54, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $31.73 indicates a potential upside of 34.8%.
The average comprises 11 short-term price targets ranging from a low of $25 to a high of $40, with a standard deviation of $5.37. While the lowest estimate indicates an increase of 6.2% from the current price level, the most optimistic estimate points to a 69.9% upside. More than the range, one should note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts.
While the consensus price target is a much-coveted metric for investors, solely banking on this metric to make an investment decision may not be wise at all. That's because the ability and unbiasedness of analysts in setting price targets have long been questionable.
But, for FVRR, an impressive average price target is not the only indicator of a potential upside. Strong agreement among analysts about the company's ability to report better earnings than they predicted earlier strengthens this view. While a positive trend in earnings estimate revisions doesn't gauge how much a stock could gain, it has proven to be powerful in predicting an upside.
Here's What You Should Know About Analysts' Price Targets
According to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading.
While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why?
They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts.
However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock's price movement. While that doesn't necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces.
That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism.
Here's Why There Could be Plenty of Upside Left in FVRR
Analysts' growing optimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason to expect an upside in the stock. That's because empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
Over the last 30 days, the Zacks Consensus Estimate for the current year has increased 27.4%, as two estimates have moved higher while one has gone lower.
Moreover, FVRR currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than the 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive externally-audited track record, this is a more conclusive indication of the stock's potential upside in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here
Therefore, while the consensus price target may not be a reliable indicator of how much FVRR could gain, the direction of price movement it implies does appear to be a good guide.
Zacks Investment Research
With the global markets seemingly imploding, it’s understandable that one of the current breakout search queries is “What stocks are up today?” Panicked market participants will be glad to know that the fallout hasn’t impacted every publicly traded enterprise.
At first glance, circumstances don’t seem inviting in the slightest. Headlines are raging as red ink splashes across Wall Street and fears mount over the possibility of a recession. The turmoil really began on Friday, when the CBOE Volatility Index — more commonly known as the VIX — screamed higher.
Referred to as the fear index, the indicator implies expectations of significant market movement. Though the VIX itself isn’t a directional indicator, equities tend to accelerate faster during downcycles than upcycles. Therefore, a heightened expectation of movement in the market generally correlates with a pessimistic attitude.
In this environment, several low-volume, low market capitalization firms such as Exagen and Aurora Mobile have witnessed double-digit percentage growth on Monday. Both companies are nano caps, meaning that their market caps each sit below the $50 million mark.
Still, are there high-level reputable enterprises that have also shot up on Monday? Indeed, several such organizations exist.
What Stocks Are Up Today? More Than You Think.
At the moment, the benchmark S&P 500 is down 3% while the technology-centric Nasdaq Composite has shed 3.4%. So, it’s understandable that everyone has the same question: What stocks are up today?
Let’s start with a brand that everyone’s familiar with, Kellanova . Commonly referred to as Kellogg’s, the multinational food manufacturing company swung up more than 15% in afternoon trading today. That comes as The Wall Street Journal reports that Mars has entered into advanced talks about acquiring the company.
A shocking contrarian swing also came from shares of auto dealership firm Sonic Automotive today. Although an economic recession should negatively impact car sales, SAH stock bucked this expectation, gaining more than 3%. While Sonic missed its revenue target for the second quarter, it beat on earnings.
Perhaps appropriately, freelance marketplace Fiverr also saw its market value rise 3% this afternoon. Previously, FVRR stock moved upward following the firm’s Q2 report, which saw sales expand 6% to $94.66 million, beating out estimates. Now, Fiverr stock may be witnessing positive action due to forward-looking investors anticipating a labor market downturn.
So, all told, there are several stocks up today — and many of them feature a rational basis for upside.
On the date of publication, Josh Enomoto did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.
A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. Tweet him at @EnomotoMedia.
More from InvestorPlace
White Label
Data API
Web Plug-ins
Poster Maker
Affiliate Program
The risk of loss in trading financial instruments such as stocks, FX, commodities, futures, bonds, ETFs and crypto can be substantial. You may sustain a total loss of the funds that you deposit with your broker. Therefore, you should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.
No decision to invest should be made without thoroughly conducting due diligence by yourself or consulting with your financial advisors. Our web content might not suit you since we don't know your financial conditions and investment needs. Our financial information might have latency or contain inaccuracy, so you should be fully responsible for any of your trading and investment decisions. The company will not be responsible for your capital loss.
Without getting permission from the website, you are not allowed to copy the website's graphics, texts, or trademarks. Intellectual property rights in the content or data incorporated into this website belong to its providers and exchange merchants.