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

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

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

1stdibs.Com Trading Down 2.3 %

DIBS stock opened at $2.96 on Friday. 1stdibs.Com has a twelve month low of $2.82 and a twelve month high of $6.25. The company has a market capitalization of $104.79 million, a P/E ratio of -7.05 and a beta of 0.96. The firm has a 50 day simple moving average of $3.67 and a 200-day simple moving average of $3.96.

1stdibs.Com (NASDAQ:DIBS) last released its quarterly earnings results on Friday, February 28th. The company reported ($0.14) earnings per share for the quarter, topping analysts’ consensus estimates 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 business had revenue of $22.77 million during the quarter, compared to the consensus estimate of $21.57 million. On average, research analysts predict that 1stdibs.Com will post -0.52 EPS for the current year.

Hedge Funds Weigh In On 1stdibs.Com

A number of hedge funds have recently added to or reduced their stakes in the business. Arcadia Wealth Management Inc. acquired a new position in 1stdibs.Com in the fourth quarter worth $113,000. Two Sigma Advisers LP boosted its holdings in 1stdibs.Com by 2.0% in the fourth quarter. Two Sigma Advisers LP now owns 127,300 shares of the company’s stock worth $451,000 after purchasing an additional 2,500 shares during the period. J. Goldman & Co LP acquired a new position in 1stdibs.Com in the fourth quarter worth $2,076,000. Bridgeway Capital Management LLC boosted its holdings in 1stdibs.Com by 29.3% in the fourth quarter. Bridgeway Capital Management LLC now owns 139,300 shares of the company’s stock worth $493,000 after purchasing an additional 31,600 shares during the period. Finally, Bank of America Corp DE lifted its stake in 1stdibs.Com by 31.8% in the fourth quarter. Bank of America Corp DE now owns 26,614 shares of the company’s stock valued at $94,000 after buying an additional 6,424 shares during the last quarter. Institutional investors and hedge funds own 66.97% of the company’s stock.

About 1stdibs.Com

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.