1stdibs.Com’s (DIBS) Sell (D-) Rating Reiterated at Weiss Ratings

Weiss Ratings restated their sell (d-) rating on shares of 1stdibs.Com (NASDAQ:DIBS) in a research report report published on Saturday morning,Weiss Ratings reports.

Separately, JMP Securities restated a “market perform” rating on shares of 1stdibs.Com in a research note on Monday, December 16th.

1stdibs.Com Price Performance

Shares of 1stdibs.Com stock opened at $2.93 on Friday. The stock has a market cap of $103.73 million, a price-to-earnings ratio of -6.98 and a beta of 0.96. 1stdibs.Com has a 1 year low of $2.82 and a 1 year high of $6.25. The firm’s 50-day moving average is $3.66 and its 200 day moving average is $3.95.

1stdibs.Com (NASDAQ:DIBS) last issued its earnings results on Friday, February 28th. The company reported ($0.14) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.17) by $0.03. The firm had revenue of $22.77 million for the quarter, compared to the consensus estimate of $21.57 million. 1stdibs.Com had a negative net margin of 18.94% and a negative return on equity of 13.55%. On average, equities analysts expect that 1stdibs.Com will post -0.52 EPS for the current fiscal year.

Institutional Trading of 1stdibs.Com

A number of large investors have recently made changes to their positions in DIBS. Intech Investment Management LLC bought a new stake in shares of 1stdibs.Com in the fourth quarter worth $36,000. Wells Fargo & Company MN increased its position in shares of 1stdibs.Com by 26.0% during the 4th quarter. Wells Fargo & Company MN now owns 14,256 shares of the company’s stock valued at $50,000 after purchasing an additional 2,939 shares during the last quarter. Pitcairn Co. bought a new position in shares of 1stdibs.Com in the 3rd quarter worth approximately $65,000. Garden State Investment Advisory Services LLC purchased a new position in shares of 1stdibs.Com in the third quarter worth approximately $93,000. Finally, XTX Topco Ltd bought a new stake in 1stdibs.Com during the fourth quarter valued at approximately $84,000. 66.97% of the stock is currently owned by institutional investors.

About 1stdibs.Com

1stdibs.Com, Inc operates an online marketplace for luxury design products worldwide. Its marketplace connects customers with sellers and makers of vintage, antique, and contemporary furniture; and home décor, jewelry, watches, art, and fashion products. The company was incorporated in 2000 and is headquartered in New York, New York.