1stdibs.com (NASDAQ:DIBS - Get Free Report) was upgraded by research analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a research report issued on Monday.
Separately, Weiss Ratings reaffirmed a "sell (e+)" rating on shares of 1stdibs.com in a research note on Saturday, July 12th.
Check Out Our Latest Stock Analysis on DIBS
1stdibs.com Stock Performance
Shares of DIBS opened at $2.68 on Monday. 1stdibs.com has a 1 year low of $2.30 and a 1 year high of $5.00. The company's 50 day simple moving average is $2.68 and its 200 day simple moving average is $3.04. The company has a market capitalization of $95.62 million, a price-to-earnings ratio of -4.87 and a beta of 1.07.
1stdibs.com (NASDAQ:DIBS - Get Free Report) last issued its quarterly earnings results on Wednesday, May 14th. The company reported ($0.14) earnings per share for the quarter, missing analysts' consensus estimates of ($0.13) by ($0.01). The business had revenue of $22.55 million for the quarter, compared to analysts' expectations of $22.28 million. 1stdibs.com had a negative return on equity of 19.49% and a negative net margin of 22.69%. Equities analysts expect that 1stdibs.com will post -0.52 EPS for the current fiscal year.
Institutional Trading of 1stdibs.com
Institutional investors and hedge funds have recently made changes to their positions in the company. Two Sigma Advisers LP grew its position in 1stdibs.com by 2.0% during the fourth quarter. Two Sigma Advisers LP now owns 127,300 shares of the company's stock valued at $451,000 after acquiring an additional 2,500 shares during the period. Wells Fargo & Company MN lifted its stake in shares of 1stdibs.com by 26.0% in the 4th quarter. Wells Fargo & Company MN now owns 14,256 shares of the company's stock valued at $50,000 after purchasing an additional 2,939 shares in the last quarter. Barclays PLC grew its holdings in shares of 1stdibs.com by 17.6% during the 4th quarter. Barclays PLC now owns 40,192 shares of the company's stock worth $142,000 after purchasing an additional 6,010 shares during the period. Bank of America Corp DE increased its position in 1stdibs.com by 31.8% during the 4th quarter. Bank of America Corp DE now owns 26,614 shares of the company's stock worth $94,000 after purchasing an additional 6,424 shares in the last quarter. Finally, Intech Investment Management LLC purchased a new position in 1stdibs.com in the fourth quarter valued at approximately $36,000. 66.97% of the stock is currently owned by institutional investors and hedge funds.
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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