Weiss Ratings restated their sell (e+) rating on shares of 1stdibs.Com (NASDAQ:DIBS - Free Report) in a research note issued to investors on Saturday, May 24th,Weiss Ratings reports.
Separately, Wall Street Zen downgraded shares of 1stdibs.Com from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd.
Check Out Our Latest Stock Analysis on DIBS
1stdibs.Com Price Performance
Shares of DIBS remained flat at $2.50 during mid-day trading on Friday. 259,918 shares of the stock traded hands, compared to its average volume of 120,486. 1stdibs.Com has a 12-month low of $2.30 and a 12-month high of $5.80. The company has a market capitalization of $89.21 million, a P/E ratio of -5.95 and a beta of 1.03. The firm's fifty day simple moving average is $2.56 and its 200 day simple moving average is $3.29.
1stdibs.Com (NASDAQ:DIBS - Get Free Report) last posted its quarterly earnings data on Wednesday, May 14th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($0.01). 1stdibs.Com had a negative net margin of 18.94% and a negative return on equity of 13.55%. The company had revenue of $22.55 million for the quarter, compared to analyst estimates of $22.28 million. On average, sell-side analysts predict that 1stdibs.Com will post -0.52 earnings per share for the current fiscal year.
Hedge Funds Weigh In On 1stdibs.Com
Hedge funds have recently modified their holdings of the stock. Intech Investment Management LLC purchased a new stake in 1stdibs.Com in the fourth quarter valued at approximately $36,000. Kovitz Investment Group Partners LLC purchased a new stake in 1stdibs.Com in the first quarter valued at approximately $42,000. Jane Street Group LLC purchased a new stake in 1stdibs.Com in the first quarter valued at approximately $45,000. Wells Fargo & Company MN boosted its position in 1stdibs.Com by 26.0% in the fourth quarter. Wells Fargo & Company MN now owns 14,256 shares of the company's stock valued at $50,000 after buying an additional 2,939 shares during the last quarter. Finally, Virtu Financial LLC purchased a new stake in 1stdibs.Com in the first quarter valued at approximately $63,000. Institutional investors and hedge funds own 66.97% of the company's stock.
1stdibs.Com Company Profile
(
Get Free Report)
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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