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

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

Shares of NASDAQ:DIBS opened at $2.93 on Friday. The firm has a market cap of $103.73 million, a price-to-earnings ratio of -6.98 and a beta of 0.96. The firm has a fifty day moving average price of $3.66 and a 200 day moving average price of $3.95. 1stdibs.Com has a fifty-two week low of $2.82 and a fifty-two week high of $6.25.

1stdibs.Com (NASDAQ:DIBS) last issued its quarterly earnings data on Friday, February 28th. The company reported ($0.14) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.17) by $0.03. 1stdibs.Com had a negative return on equity of 13.55% and a negative net margin of 18.94%. The firm had revenue of $22.77 million during the quarter, compared to analyst estimates of $21.57 million. As a group, research analysts predict that 1stdibs.Com will post -0.52 earnings per share for the current year.

Institutional Investors Weigh In On 1stdibs.Com

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