1stdibs.Com (NASDAQ:DIBS) Receives “Sell (E+)” Rating from Weiss Ratings

Weiss Ratings reissued their sell (e+) rating on shares of 1stdibs.Com (NASDAQ:DIBS) in a research report released on Friday morning,Weiss Ratings reports.

Separately, JMP Securities reaffirmed a “market perform” rating on shares of 1stdibs.Com in a research report on Monday, December 16th.

1stdibs.Com Trading Down 2.5 %

Shares of NASDAQ:DIBS opened at $3.48 on Friday. The company’s 50 day moving average is $3.77 and its two-hundred day moving average is $4.09. The company has a market cap of $123.20 million, a PE ratio of -8.29 and a beta of 0.96. 1stdibs.Com has a 52 week low of $3.37 and a 52 week high of $6.30.

1stdibs.Com (NASDAQ:DIBS) last posted its earnings results on Friday, February 28th. The company reported ($0.14) EPS for the quarter, beating analysts’ consensus estimates of ($0.17) by $0.03. The firm had revenue of $22.77 million for the quarter, compared to the consensus estimate of $21.57 million. 1stdibs.Com had a negative net margin of 18.94% and a negative return on equity of 13.55%. As a group, equities research analysts expect that 1stdibs.Com will post -0.52 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Beck Mack & Oliver LLC boosted its stake in 1stdibs.Com by 2.3% during the 4th quarter. Beck Mack & Oliver LLC now owns 3,289,310 shares of the company’s stock worth $11,644,000 after purchasing an additional 73,991 shares during the period. FIL Ltd boosted its stake in 1stdibs.Com by 11.9% during the 4th quarter. FIL Ltd now owns 1,450,000 shares of the company’s stock worth $5,133,000 after purchasing an additional 154,423 shares during the period. Portolan Capital Management LLC boosted its stake in 1stdibs.Com by 7.1% during the 3rd quarter. Portolan Capital Management LLC now owns 707,652 shares of the company’s stock worth $3,121,000 after purchasing an additional 46,699 shares during the period. Geode Capital Management LLC boosted its stake in 1stdibs.Com by 16.8% during the 3rd quarter. Geode Capital Management LLC now owns 664,078 shares of the company’s stock worth $2,929,000 after purchasing an additional 95,292 shares during the period. Finally, J. Goldman & Co LP acquired a new stake in 1stdibs.Com during the 4th quarter worth $2,076,000. 66.97% of the stock is owned by hedge funds and other institutional investors.

1stdibs.Com Company Profile

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.