1stdibs.Com’s (DIBS) Sell (E+) Rating Reiterated at Weiss Ratings

Weiss Ratings restated their sell (e+) rating on shares of 1stdibs.Com (NASDAQ:DIBS) in a report released on Tuesday,Weiss Ratings reports.

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

1stdibs.Com Stock Down 5.1 %

Shares of NASDAQ DIBS opened at $2.40 on Tuesday. 1stdibs.Com has a 12 month low of $2.30 and a 12 month high of $6.20. The company has a market cap of $85.67 million, a P/E ratio of -5.71 and a beta of 1.01. The business’s 50 day moving average is $3.38 and its two-hundred day moving average is $3.75.

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

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Arcadia Wealth Management Inc. bought a new stake in shares of 1stdibs.Com in the 4th quarter valued at approximately $113,000. Two Sigma Advisers LP lifted its holdings in shares of 1stdibs.Com by 2.0% during the fourth quarter. Two Sigma Advisers LP now owns 127,300 shares of the company’s stock valued at $451,000 after acquiring an additional 2,500 shares during the period. J. Goldman & Co LP acquired a new stake in shares of 1stdibs.Com in the 4th quarter valued at $2,076,000. Bridgeway Capital Management LLC grew its holdings in shares of 1stdibs.Com by 29.3% in the 4th quarter. Bridgeway Capital Management LLC now owns 139,300 shares of the company’s stock worth $493,000 after purchasing an additional 31,600 shares during the last quarter. Finally, Bank of America Corp DE increased its position in shares of 1stdibs.Com by 31.8% during the 4th quarter. Bank of America Corp DE now owns 26,614 shares of the company’s stock worth $94,000 after purchasing an additional 6,424 shares in the last quarter. Institutional investors and hedge funds own 66.97% of the company’s stock.

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.