Shares of 1-800-Flowers.Com Inc (NASDAQ:FLWS) have earned an average rating of “Hold” from the twelve research firms that are presently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, three have issued a hold recommendation, five have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $12.00.
FLWS has been the topic of several analyst reports. TheStreet upgraded shares of 1-800-Flowers.Com from a “c+” rating to a “b-” rating in a report on Tuesday, December 5th. ValuEngine upgraded shares of 1-800-Flowers.Com from a “hold” rating to a “buy” rating in a report on Friday, March 2nd. Noble Financial restated a “buy” rating on shares of 1-800-Flowers.Com in a report on Thursday, December 28th. BidaskClub upgraded shares of 1-800-Flowers.Com from a “hold” rating to a “buy” rating in a report on Friday, February 9th. Finally, Benchmark cut their price objective on shares of 1-800-Flowers.Com to $13.00 and set a “buy” rating on the stock in a report on Thursday, February 1st.
In other 1-800-Flowers.Com news, Director James A. Cannavino sold 40,000 shares of the company’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $10.72, for a total value of $428,800.00. Following the completion of the sale, the director now owns 69,719 shares of the company’s stock, valued at $747,387.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Christopher G. Mccann sold 15,000 shares of the company’s stock in a transaction that occurred on Thursday, March 15th. The shares were sold at an average price of $12.73, for a total transaction of $190,950.00. The disclosure for this sale can be found here. Insiders sold 57,000 shares of company stock worth $642,750 over the last 90 days. 61.39% of the stock is currently owned by company insiders.
Large investors have recently modified their holdings of the business. Simplex Trading LLC increased its stake in 1-800-Flowers.Com by 1,064.4% in the fourth quarter. Simplex Trading LLC now owns 11,446 shares of the specialty retailer’s stock valued at $122,000 after purchasing an additional 10,463 shares in the last quarter. MetLife Investment Advisors LLC bought a new stake in 1-800-Flowers.Com in the fourth quarter valued at approximately $143,000. Aperio Group LLC bought a new stake in 1-800-Flowers.Com in the fourth quarter valued at approximately $168,000. UBS Asset Management Americas Inc. bought a new stake in 1-800-Flowers.Com in the fourth quarter valued at approximately $188,000. Finally, The Manufacturers Life Insurance Company increased its stake in 1-800-Flowers.Com by 7.9% in the second quarter. The Manufacturers Life Insurance Company now owns 23,581 shares of the specialty retailer’s stock valued at $230,000 after purchasing an additional 1,723 shares in the last quarter. 34.16% of the stock is owned by hedge funds and other institutional investors.
Shares of FLWS stock traded down $0.05 during trading hours on Monday, reaching $11.75. 170,180 shares of the company were exchanged, compared to its average volume of 222,816. 1-800-Flowers.Com has a fifty-two week low of $7.80 and a fifty-two week high of $13.10. The firm has a market capitalization of $761.53, a price-to-earnings ratio of 27.33, a PEG ratio of 1.34 and a beta of 1.20. The company has a current ratio of 1.92, a quick ratio of 1.60 and a debt-to-equity ratio of 0.29.
1-800-Flowers.Com (NASDAQ:FLWS) last announced its earnings results on Wednesday, January 31st. The specialty retailer reported $0.88 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.88. 1-800-Flowers.Com had a net margin of 4.70% and a return on equity of 9.34%. The company had revenue of $526.10 million for the quarter, compared to analyst estimates of $528.85 million. During the same period in the prior year, the business earned $0.93 earnings per share. 1-800-Flowers.Com’s quarterly revenue was down 5.1% on a year-over-year basis. equities research analysts forecast that 1-800-Flowers.Com will post 0.63 earnings per share for the current fiscal year.
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1-800-Flowers.Com Company Profile
1-800-FLOWERS.COM, Inc is a provider of gourmet food and floral gifts for all occasions. The Company offers gifts for every occasion, including fresh flowers and a selection of plants, gift baskets, gourmet foods, confections, candles, balloons and stuffed animals. The Company operates through three business segments: Consumer Floral, Gourmet Food and Gift Baskets, and BloomNet Wire Service.
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