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

Weiss Ratings reaffirmed their sell (e+) rating on shares of 1stdibs.Com (NASDAQ:DIBS) in a research note released on Friday 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 NASDAQ:DIBS opened at $3.48 on Friday. The firm has a market capitalization of $123.20 million, a PE ratio of -8.29 and a beta of 0.96. The firm’s 50-day moving average is $3.77 and its two-hundred day moving average is $4.08. 1stdibs.Com has a 1 year low of $3.37 and a 1 year high of $6.30.

1stdibs.Com (NASDAQ:DIBS) last issued its quarterly 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. The company had revenue of $22.77 million for the quarter, compared to analyst estimates of $21.57 million. 1stdibs.Com had a negative net margin of 18.94% and a negative return on equity of 13.55%. Analysts expect that 1stdibs.Com will post -0.52 EPS for the current fiscal year.

Institutional Investors Weigh In On 1stdibs.Com

Large investors have recently modified their holdings of the company. State Street Corp boosted its holdings in shares of 1stdibs.Com by 2.1% in the third quarter. State Street Corp now owns 294,330 shares of the company’s stock valued at $1,298,000 after acquiring an additional 5,985 shares during the period. Barclays PLC lifted its holdings in shares of 1stdibs.Com by 286.6% during the third quarter. Barclays PLC now owns 34,182 shares of the company’s stock worth $150,000 after purchasing an additional 25,341 shares during the period. Harspring Capital Management LLC lifted its holdings in shares of 1stdibs.Com by 83.2% during the third quarter. Harspring Capital Management LLC now owns 440,377 shares of the company’s stock worth $1,942,000 after purchasing an additional 199,951 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of 1stdibs.Com by 151.6% during the third quarter. JPMorgan Chase & Co. now owns 106,407 shares of the company’s stock worth $469,000 after purchasing an additional 64,107 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in shares of 1stdibs.Com by 16.8% during the third quarter. Geode Capital Management LLC now owns 664,078 shares of the company’s stock worth $2,929,000 after purchasing an additional 95,292 shares during the period. 66.97% of the stock is owned by institutional investors and hedge funds.

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.