Weiss Ratings Reaffirms Sell (D-) Rating for 1stdibs.Com (NASDAQ:DIBS)

1stdibs.Com (NASDAQ:DIBS)‘s stock had its “sell (d-)” rating reaffirmed by research analysts at Weiss Ratings in a research note issued to investors on Saturday,Weiss Ratings reports.

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

1stdibs.Com Stock Down 2.3 %

NASDAQ DIBS opened at $2.96 on Friday. 1stdibs.Com has a 52 week low of $2.82 and a 52 week high of $6.25. The stock has a market capitalization of $104.79 million, a PE ratio of -7.05 and a beta of 0.96. The firm has a 50 day moving average of $3.67 and a two-hundred day moving average of $3.96.

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, beating the consensus estimate 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 during the quarter, compared to analysts’ expectations of $21.57 million. On average, equities research analysts expect that 1stdibs.Com will post -0.52 earnings per share for the current fiscal year.

Institutional Trading of 1stdibs.Com

Large investors have recently bought and sold shares of the business. Intech Investment Management LLC acquired a new stake in 1stdibs.Com during the 4th quarter worth $36,000. Wells Fargo & Company MN boosted its stake in 1stdibs.Com by 26.0% during the 4th quarter. Wells Fargo & Company MN now owns 14,256 shares of the company’s stock worth $50,000 after purchasing an additional 2,939 shares during the period. Pitcairn Co. acquired a new stake in 1stdibs.Com during the 3rd quarter worth $65,000. Garden State Investment Advisory Services LLC acquired a new stake in 1stdibs.Com during the 3rd quarter worth $93,000. Finally, XTX Topco Ltd acquired a new stake in 1stdibs.Com during the 4th quarter worth $84,000. 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.