A number of other analysts have also recently weighed in on FLWS. BidaskClub cut 1-800-Flowers.Com from a strong-buy rating to a buy rating in a research report on Tuesday, June 26th. Northcoast Research reaffirmed a neutral rating on shares of 1-800-Flowers.Com in a research report on Wednesday, August 15th. Benchmark reaffirmed a buy rating and issued a $16.00 price target (up previously from $14.00) on shares of 1-800-Flowers.Com in a research report on Wednesday, August 22nd. Zacks Investment Research cut 1-800-Flowers.Com from a hold rating to a sell rating in a research report on Monday, August 27th. Finally, Noble Financial reaffirmed a hold rating on shares of 1-800-Flowers.Com in a research report on Tuesday, August 28th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, two have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of Hold and a consensus price target of $13.50.
FLWS traded down $0.37 during trading on Monday, reaching $13.30. 242,083 shares of the stock traded hands, compared to its average volume of 273,646. 1-800-Flowers.Com has a fifty-two week low of $8.85 and a fifty-two week high of $15.00. The stock has a market cap of $875.84 million, a price-to-earnings ratio of 37.67, a PEG ratio of 3.31 and a beta of 1.11. The company has a current ratio of 2.19, a quick ratio of 1.48 and a debt-to-equity ratio of 0.29.
1-800-Flowers.Com (NASDAQ:FLWS) last announced its quarterly earnings results on Thursday, November 1st. The specialty retailer reported ($0.27) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.30) by $0.03. 1-800-Flowers.Com had a return on equity of 7.82% and a net margin of 3.16%. The company had revenue of $169.50 million during the quarter, compared to analysts’ expectations of $165.59 million. During the same quarter in the previous year, the firm earned ($0.20) earnings per share. The business’s quarterly revenue was up 7.8% compared to the same quarter last year. As a group, sell-side analysts forecast that 1-800-Flowers.Com will post 0.41 earnings per share for the current fiscal year.
In other news, CEO Christopher G. Mccann sold 25,000 shares of 1-800-Flowers.Com stock in a transaction dated Thursday, November 8th. The stock was sold at an average price of $13.41, for a total value of $335,250.00. Following the transaction, the chief executive officer now directly owns 869,237 shares in the company, valued at $11,656,468.17. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Leonard J. Elmore sold 3,234 shares of 1-800-Flowers.Com stock in a transaction dated Tuesday, November 6th. The stock was sold at an average price of $12.96, for a total value of $41,912.64. Following the completion of the transaction, the director now owns 42,487 shares in the company, valued at $550,631.52. The disclosure for this sale can be found here. Insiders sold 111,984 shares of company stock worth $1,361,950 over the last quarter. 64.42% of the stock is currently owned by corporate insiders.
Several institutional investors have recently bought and sold shares of FLWS. SG Americas Securities LLC bought a new position in shares of 1-800-Flowers.Com in the second quarter worth about $108,000. Tower Research Capital LLC TRC increased its stake in 1-800-Flowers.Com by 97.9% during the second quarter. Tower Research Capital LLC TRC now owns 9,159 shares of the specialty retailer’s stock valued at $114,000 after acquiring an additional 4,531 shares during the period. Tocqueville Asset Management L.P. bought a new position in 1-800-Flowers.Com during the second quarter valued at about $132,000. Voya Investment Management LLC bought a new position in 1-800-Flowers.Com during the second quarter valued at about $132,000. Finally, Barclays PLC increased its stake in 1-800-Flowers.Com by 103.0% during the first quarter. Barclays PLC now owns 11,791 shares of the specialty retailer’s stock valued at $139,000 after acquiring an additional 5,983 shares during the period. Institutional investors and hedge funds own 32.90% of the company’s stock.
1-800-Flowers.Com Company Profile
1-800-FLOWERS.COM, Inc, together with its subsidiaries, provides gourmet food and floral gifts for various occasions in the United States. It operates in three segments: Consumer Floral; Gourmet Foods & Gift Baskets; and BloomNet Wire Service. The company offers a range of products, including fresh-cut flowers, floral and fruit arrangements and plants, gifts, popcorn, gourmet foods and gift baskets, cookies, chocolates, candies, wine, and gift-quality fruits, as well as balloons, candles, keepsake gifts, jewelry, and plush stuffed animals.
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