1stdibs.Com (DIBS) Set to Announce Earnings on Wednesday

1stdibs.Com (NASDAQ:DIBS) is scheduled to issue its quarterly earnings data before the market opens on Wednesday, May 8th. Analysts expect the company to announce earnings of ($0.09) per share for the quarter. 1stdibs.Com has set its Q1 2024 guidance at EPS.Individual interested in participating in the company’s earnings conference call can do so using this link.

1stdibs.Com (NASDAQ:DIBS) last issued its earnings results on Wednesday, February 28th. The company reported ($0.07) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.03. The firm had revenue of $20.92 million for the quarter, compared to analysts’ expectations of $19.77 million. 1stdibs.Com had a negative return on equity of 16.46% and a negative net margin of 26.80%. On average, analysts expect 1stdibs.Com to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

1stdibs.Com Price Performance

Shares of NASDAQ:DIBS opened at $5.74 on Monday. The business has a 50-day moving average of $5.61 and a two-hundred day moving average of $4.90. The firm has a market capitalization of $228.28 million, a PE ratio of -10.07 and a beta of 1.04. 1stdibs.Com has a 12 month low of $3.44 and a 12 month high of $6.30.

Insider Activity at 1stdibs.Com

In other 1stdibs.Com news, major shareholder Insight Holdings Group, Llc sold 23,847 shares of the firm’s stock in a transaction dated Friday, March 22nd. The stock was sold at an average price of $6.19, for a total value of $147,612.93. Following the transaction, the insider now directly owns 54,601 shares of the company’s stock, valued at $337,980.19. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, CFO Thomas J. Etergino sold 4,500 shares of the business’s stock in a transaction on Monday, April 8th. The shares were sold at an average price of $5.91, for a total transaction of $26,595.00. Following the transaction, the chief financial officer now directly owns 95,220 shares of the company’s stock, valued at $562,750.20. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, major shareholder Insight Holdings Group, Llc sold 23,847 shares of the company’s stock in a transaction on Friday, March 22nd. The shares were sold at an average price of $6.19, for a total transaction of $147,612.93. Following the completion of the transaction, the insider now owns 54,601 shares of the company’s stock, valued at $337,980.19. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 301,878 shares of company stock worth $1,745,182. 19.60% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Separately, Evercore ISI raised shares of 1stdibs.Com from an “in-line” rating to an “outperform” rating and increased their target price for the stock from $6.00 to $8.00 in a research report on Monday, March 18th.

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.