1stdibs.com (NASDAQ:DIBS - Get Free Report)'s stock had its "sell (e+)" rating reiterated by analysts at Weiss Ratings in a report released on Saturday,Weiss Ratings reports.
Separately, Wall Street Zen downgraded shares of 1stdibs.com from a "hold" rating to a "sell" rating in a report on Sunday.
Check Out Our Latest Report on DIBS
1stdibs.com Stock Performance
DIBS opened at $2.77 on Friday. The stock has a market capitalization of $98.84 million, a PE ratio of -5.04 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 firm has a 50-day moving average price of $2.66 and a two-hundred day moving average price of $3.07.
1stdibs.com (NASDAQ:DIBS - Get Free Report) last issued its quarterly 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 19.49% and a negative net margin of 22.69%. The business had revenue of $22.55 million for the quarter, compared to analyst estimates of $22.28 million. On average, research analysts predict that 1stdibs.com will post -0.52 EPS for the current year.
Institutional Investors Weigh In On 1stdibs.com
A number of institutional investors have recently modified their holdings of the business. Goldman Sachs Group Inc. raised its position in shares of 1stdibs.com by 60.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 118,051 shares of the company's stock valued at $359,000 after buying an additional 44,541 shares in the last quarter. Acadian Asset Management LLC raised its position in shares of 1stdibs.com by 5.6% in the 1st quarter. Acadian Asset Management LLC now owns 286,063 shares of the company's stock valued at $867,000 after buying an additional 15,206 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of 1stdibs.com in the 1st quarter valued at approximately $45,000. Beck Mack & Oliver LLC raised its position in shares of 1stdibs.com by 1.7% in the 1st quarter. Beck Mack & Oliver LLC now owns 3,344,426 shares of the company's stock valued at $10,167,000 after buying an additional 55,116 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC acquired a new position in shares of 1stdibs.com in the 1st quarter valued at approximately $42,000. Institutional investors own 66.97% of the company's stock.
About 1stdibs.com
(
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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