1stdibs.Com (DIBS) to Release Earnings on Wednesday

1stdibs.Com (NASDAQ:DIBS) is set to post its quarterly earnings results before the market opens on Wednesday, May 8th. Analysts expect 1stdibs.Com to post 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 released its quarterly earnings results on Wednesday, February 28th. The company reported ($0.07) EPS for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.03. 1stdibs.Com had a negative return on equity of 16.46% and a negative net margin of 26.80%. The company had revenue of $20.92 million during the quarter, compared to analysts’ expectations of $19.77 million. 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 Stock Performance

Shares of DIBS stock opened at $5.64 on Tuesday. The firm has a market capitalization of $224.30 million, a price-to-earnings ratio of -9.89 and a beta of 1.04. The stock’s 50-day simple moving average is $5.61 and its 200-day simple moving average is $4.90. 1stdibs.Com has a fifty-two week low of $3.44 and a fifty-two week high of $6.30.

Wall Street Analysts Forecast Growth

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

Insiders Place Their Bets

In other news, major shareholder Insight Holdings Group, Llc sold 17,710 shares of the stock in a transaction dated Monday, March 18th. The stock was sold at an average price of $6.02, for a total value of $106,614.20. Following the transaction, the insider now directly owns 56,112 shares of the company’s stock, valued at $337,794.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other 1stdibs.Com news, major shareholder Insight Holdings Group, Llc sold 17,710 shares of 1stdibs.Com stock in a transaction that occurred on Monday, March 18th. The shares were sold at an average price of $6.02, for a total transaction of $106,614.20. Following the completion of the sale, the insider now directly owns 56,112 shares in the company, valued at approximately $337,794.24. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CMO Nancy Hood sold 8,425 shares of the stock in a transaction on Monday, March 18th. The stock was sold at an average price of $6.00, for a total transaction of $50,550.00. Following the completion of the sale, the chief marketing officer now owns 72,747 shares in the company, valued at approximately $436,482. The disclosure for this sale can be found here. In the last 90 days, insiders sold 301,878 shares of company stock valued at $1,745,182. 19.60% of the stock is owned by company insiders.

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.