1stdibs.com (NASDAQ:DIBS - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a research note issued on Sunday.
Separately, Weiss Ratings reiterated a "sell (e+)" rating on shares of 1stdibs.com in a report on Tuesday, July 29th.
View Our Latest Stock Report on DIBS
1stdibs.com Stock Performance
Shares of DIBS traded up $0.04 during mid-day trading on Friday, hitting $2.66. 84,353 shares of the company were exchanged, compared to its average volume of 115,263. The stock has a market cap of $96.43 million, a price-to-earnings ratio of -4.84 and a beta of 1.07. 1stdibs.com has a 1-year low of $2.30 and a 1-year high of $5.00. The company has a 50 day moving average of $2.74 and a 200-day moving average of $2.94.
1stdibs.com (NASDAQ:DIBS - Get Free Report) last released its quarterly earnings data on Wednesday, August 6th. The company reported ($0.12) EPS for the quarter, beating analysts' consensus estimates of ($0.17) by $0.05. The company had revenue of $22.14 million during the quarter, compared to the consensus estimate of $22.19 million. 1stdibs.com had a negative net margin of 22.58% and a negative return on equity of 20.13%. Research analysts anticipate that 1stdibs.com will post -0.52 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of DIBS. Beck Mack & Oliver LLC lifted its position in 1stdibs.com by 1.7% in the first quarter. Beck Mack & Oliver LLC now owns 3,344,426 shares of the company's stock valued at $10,167,000 after purchasing an additional 55,116 shares during the period. FIL Ltd lifted its position in 1stdibs.com by 11.9% in the fourth quarter. FIL Ltd now owns 1,450,000 shares of the company's stock valued at $5,133,000 after purchasing an additional 154,423 shares during the period. J. Goldman & Co LP acquired a new stake in 1stdibs.com in the fourth quarter valued at about $2,076,000. Harspring Capital Management LLC increased its holdings in 1stdibs.com by 13.5% in the fourth quarter. Harspring Capital Management LLC now owns 500,000 shares of the company's stock valued at $1,770,000 after buying an additional 59,623 shares in the last quarter. Finally, Truffle Hound Capital LLC acquired a new stake in shares of 1stdibs.com during the 2nd quarter valued at approximately $1,100,000. 66.97% of the stock is currently owned by hedge funds and other institutional investors.
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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