1stdibs.Com's (DIBS) "Sell (E+)" Rating Reiterated at Weiss Ratings

1stdibs.Com (NASDAQ:DIBS - Get Free Report)'s stock had its "sell (e+)" rating reiterated by investment analysts at Weiss Ratings in a note issued to investors on Tuesday,Weiss Ratings reports.

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

1stdibs.Com Stock Up 0.8 %

Shares of 1stdibs.Com stock traded up $0.02 during trading hours on Tuesday, hitting $2.42. 108,707 shares of the company's stock traded hands, compared to its average volume of 119,354. 1stdibs.Com has a twelve month low of $2.30 and a twelve month high of $6.20. The company has a market cap of $86.38 million, a PE ratio of -5.76 and a beta of 1.01. The stock has a 50 day simple moving average of $3.35 and a 200-day simple moving average of $3.73.

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

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Institutional Investors Weigh In On 1stdibs.Com

Institutional investors and hedge funds have recently made changes to their positions in the company. State Street Corp increased its stake in 1stdibs.Com by 2.1% during the third quarter. State Street Corp now owns 294,330 shares of the company's stock valued at $1,298,000 after purchasing an additional 5,985 shares during the last quarter. Barclays PLC grew its position in shares of 1stdibs.Com by 286.6% during the 3rd quarter. Barclays PLC now owns 34,182 shares of the company's stock valued at $150,000 after buying an additional 25,341 shares during the last quarter. Landscape Capital Management L.L.C. bought a new stake in shares of 1stdibs.Com during the 4th quarter valued at about $1,007,000. JPMorgan Chase & Co. lifted its holdings in 1stdibs.Com by 151.6% in the third quarter. JPMorgan Chase & Co. now owns 106,407 shares of the company's stock worth $469,000 after acquiring an additional 64,107 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake 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 during the period. 66.97% of the stock is owned by institutional investors and hedge funds.

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.