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

1stdibs.Com (NASDAQ:DIBS)‘s stock had its “sell (e+)” rating restated by stock analysts at Weiss Ratings in a research note issued on Tuesday,Weiss Ratings reports.

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

1stdibs.Com Stock Up 4.5 %

DIBS opened at $2.53 on Tuesday. 1stdibs.Com has a 52 week low of $2.36 and a 52 week high of $6.20. The business’s 50 day moving average is $3.42 and its two-hundred day moving average is $3.77. The firm has a market cap of $90.31 million, a price-to-earnings ratio of -6.02 and a beta of 1.01.

1stdibs.Com (NASDAQ:DIBS) last issued 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 firm had revenue of $22.77 million during the quarter, compared to analysts’ expectations of $21.57 million. Equities analysts expect that 1stdibs.Com will post -0.52 EPS for the current fiscal year.

Hedge Funds Weigh In On 1stdibs.Com

Large investors have recently bought and sold shares of the company. J. Goldman & Co LP purchased a new position in 1stdibs.Com during the fourth quarter worth about $2,076,000. Landscape Capital Management L.L.C. purchased a new position in shares of 1stdibs.Com during the 4th quarter worth approximately $1,007,000. FIL Ltd raised its stake in shares of 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 buying an additional 154,423 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of 1stdibs.Com by 16.8% in the 3rd quarter. Geode Capital Management LLC now owns 664,078 shares of the company’s stock valued at $2,929,000 after buying an additional 95,292 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in shares of 1stdibs.Com by 29.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 354,293 shares of the company’s stock valued at $1,254,000 after buying an additional 80,693 shares in the last quarter. Hedge funds and other institutional investors 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.