1stdibs.Com (NASDAQ:DIBS) Given “Sell (D-)” Rating at Weiss Ratings

1stdibs.Com (NASDAQ:DIBS)‘s stock had its “sell (d-)” rating reaffirmed by research analysts at Weiss Ratings in a research report issued on Saturday,Weiss Ratings reports.

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

1stdibs.Com Price Performance

Shares of DIBS stock opened at $2.96 on Friday. The firm has a market cap of $104.79 million, a P/E ratio of -7.05 and a beta of 0.96. 1stdibs.Com has a 1-year low of $2.82 and a 1-year high of $6.25. The firm’s 50-day simple moving average is $3.67 and its 200-day simple moving average is $3.96.

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

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. State Street Corp grew its position in 1stdibs.Com by 2.1% in the third quarter. State Street Corp now owns 294,330 shares of the company’s stock valued at $1,298,000 after acquiring an additional 5,985 shares in the last quarter. Barclays PLC grew its position in 1stdibs.Com by 286.6% in the third quarter. Barclays PLC now owns 34,182 shares of the company’s stock valued at $150,000 after acquiring an additional 25,341 shares in the last quarter. Harspring Capital Management LLC grew its position in 1stdibs.Com by 83.2% in the third quarter. Harspring Capital Management LLC now owns 440,377 shares of the company’s stock valued at $1,942,000 after acquiring an additional 199,951 shares in the last quarter. JPMorgan Chase & Co. grew its position in 1stdibs.Com by 151.6% in the third quarter. JPMorgan Chase & Co. now owns 106,407 shares of the company’s stock valued at $469,000 after acquiring an additional 64,107 shares in the last quarter. Finally, Geode Capital Management LLC grew its position in 1stdibs.Com by 16.8% in the third quarter. Geode Capital Management LLC now owns 664,078 shares of the company’s stock valued at $2,929,000 after acquiring an additional 95,292 shares in the last quarter. Hedge funds and other institutional investors own 66.97% of the company’s stock.

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.