Weiss Ratings reissued their sell (e+) rating on shares of 1stdibs.com (NASDAQ:DIBS - Free Report) in a research note issued to investors on Friday,Weiss Ratings reports.
Separately, Wall Street Zen downgraded shares of 1stdibs.com from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd.
Check Out Our Latest Stock Analysis on DIBS
1stdibs.com Price Performance
1stdibs.com stock traded up $0.13 during mid-day trading on Friday, hitting $2.88. The company's stock had a trading volume of 96,102 shares, compared to its average volume of 119,412. 1stdibs.com has a 12 month low of $2.30 and a 12 month high of $5.00. The business has a 50 day moving average price of $2.61 and a 200-day moving average price of $3.13. The stock has a market cap of $102.76 million, a price-to-earnings ratio of -5.24 and a beta of 1.07.
1stdibs.com (NASDAQ:DIBS - Get Free Report) last posted its quarterly earnings results 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 return on equity of 19.49% and a negative net margin of 22.69%. The company had revenue of $22.55 million for the quarter, compared to the consensus estimate of $22.28 million. On average, equities research analysts expect that 1stdibs.com will post -0.52 earnings per share for the current fiscal year.
Institutional Trading of 1stdibs.com
Institutional investors have recently modified their holdings of the company. J. Goldman & Co LP purchased a new position in 1stdibs.com during the 4th quarter valued at about $2,076,000. Landscape Capital Management L.L.C. bought a new stake in shares of 1stdibs.com in the 4th quarter worth approximately $1,007,000. FIL Ltd increased its stake in shares of 1stdibs.com by 11.9% during the fourth quarter. FIL Ltd now owns 1,450,000 shares of the company's stock valued at $5,133,000 after buying an additional 154,423 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of 1stdibs.com by 29.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 354,293 shares of the company's stock valued at $1,254,000 after acquiring an additional 80,693 shares in the last quarter. Finally, Beck Mack & Oliver LLC raised its holdings in shares of 1stdibs.com by 2.3% during the fourth quarter. Beck Mack & Oliver LLC now owns 3,289,310 shares of the company's stock valued at $11,644,000 after acquiring an additional 73,991 shares in the last quarter. 66.97% of the stock is currently owned by hedge funds and other institutional investors.
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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