1stdibs.com Inc (NASDAQ:DIBS) price on Friday, March 21, fall -2.31% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $2.96.
A look at the stock’s price movement, the close in the last trading session was $3.03, moving within a range at $2.84 and $3.01. The beta value (5-Year monthly) was 0.97. Turning to its 52-week performance, $6.25 and $2.82 were the 52-week high and 52-week low respectively. Overall, DIBS moved -27.09% over the past month.
1stdibs.com Inc’s market cap currently stands at around $104.79 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-27.
Analysts have a consensus estimate of 22.33M for the company’s revenue for the quarter, with a low and high estimate of 22.28M and 22.4M respectively. The average forecast suggests up to a 1.20% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 91.26M, representing a 3.40% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that DIBS is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 1 recommend DIBS as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
DIBS’s current price about -12.84% and -19.03% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 29.75, while 7-day volatility ratio is 6.65% and 5.90% in the 30-day chart. Further, 1stdibs.com Inc (DIBS) has a beta value of 1.02, and an average true range (ATR) of 0.18. Analysts have given the company’s stock an average 52-week price target of $8, forecast between a low of $8 and high of $8. Looking at the price targets, the low is -170.27% off current price level while to achieve the yearly target high, price needs to move -170.27%. Nonetheless, investors will most likely welcome a -170.27% jump to $8 which is the analysts’ median price.
If we refocus on 1stdibs.com Inc (NASDAQ:DIBS), historical trading data shows that trading volumes averaged 0.14 over the past 10 days and 83.31K over the past 3 months. The company’s latest data on shares outstanding shows there are 35.83 million shares.
The 29.54% of 1stdibs.com Inc’s shares are in the hands of company insiders while institutional holders own 40.85% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.47 million on 2025-02-28, giving us a short ratio of 6.12. The data shows that as of 2025-02-28 short interest in 1stdibs.com Inc (DIBS) stood at 275.0 of shares outstanding, with shares short rising to 0.39 million registered in 2025-01-31. Current price change has pushed the stock -16.38% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the DIBS stock continues to rise going into the next quarter.
