Weiss Ratings reiterated their sell (e+) rating on shares of 1stdibs.Com (NASDAQ:DIBS - Free Report) in a research note released on Saturday,Weiss Ratings reports.
1stdibs.Com Stock Performance
1stdibs.Com stock traded down $0.01 during midday trading on Friday, hitting $2.44. 20,783 shares of the company's stock were exchanged, compared to its average volume of 118,938. 1stdibs.Com has a 52-week low of $2.30 and a 52-week high of $6.10. The stock has a 50-day moving average price of $2.70 and a two-hundred day moving average price of $3.44. The company has a market cap of $87.24 million, a P/E ratio of -5.77 and a beta of 1.03.
1stdibs.Com (NASDAQ:DIBS - Get Free Report) last posted its earnings results on Wednesday, May 14th. The company reported ($0.14) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.01). 1stdibs.Com had a negative return on equity of 13.55% and a negative net margin of 18.94%. The business had revenue of $22.55 million for the quarter, compared to analysts' expectations of $22.28 million. As a group, sell-side analysts expect that 1stdibs.Com will post -0.52 earnings per share for the current year.
Institutional Investors Weigh In On 1stdibs.Com
Several hedge funds have recently added to or reduced their stakes in the company. Beck Mack & Oliver LLC lifted its stake in 1stdibs.Com by 2.3% during the fourth quarter. Beck Mack & Oliver LLC now owns 3,289,310 shares of the company's stock worth $11,644,000 after purchasing an additional 73,991 shares during the last quarter. FIL Ltd lifted its stake in 1stdibs.Com by 11.9% during the fourth quarter. FIL Ltd now owns 1,450,000 shares of the company's stock worth $5,133,000 after purchasing an additional 154,423 shares during the last quarter. J. Goldman & Co LP bought a new stake in 1stdibs.Com during the fourth quarter worth about $2,076,000. Harspring Capital Management LLC lifted its stake in 1stdibs.Com by 13.5% during the fourth quarter. Harspring Capital Management LLC now owns 500,000 shares of the company's stock worth $1,770,000 after purchasing an additional 59,623 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in 1stdibs.Com by 29.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 354,293 shares of the company's stock worth $1,254,000 after purchasing an additional 80,693 shares during the last quarter. Institutional investors own 66.97% of the company's stock.
1stdibs.Com Company Profile
(
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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.
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