1-800-FLOWERS.COM (NASDAQ:FLWS) Downgraded by StockNews.com to Hold

StockNews.com downgraded shares of 1-800-FLOWERS.COM (NASDAQ:FLWS) from a buy rating to a hold rating in a research note published on Saturday morning.

Separately, DA Davidson upped their price objective on 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the company a “neutral” rating in a research note on Thursday, October 31st.

1-800-FLOWERS.COM Trading Down 0.2 %

NASDAQ FLWS opened at $8.86 on Friday. The business’s fifty day moving average is $8.01 and its 200-day moving average is $8.92. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.44 and a quick ratio of 0.92. The stock has a market capitalization of $568.99 million, a price-to-earnings ratio of -63.29, a PEG ratio of 3.53 and a beta of 1.61. 1-800-FLOWERS.COM has a one year low of $7.14 and a one year high of $11.42.

1-800-FLOWERS.COM (NASDAQ:FLWS) last announced its quarterly earnings data on Thursday, October 31st. The specialty retailer reported ($0.51) EPS for the quarter, topping the consensus estimate of ($0.53) by $0.02. The business had revenue of $193.20 million for the quarter, compared to analyst estimates of $246.88 million. 1-800-FLOWERS.COM had a negative net margin of 0.50% and a positive return on equity of 2.10%. The company’s revenue for the quarter was down 28.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.48) earnings per share. Equities research analysts predict that 1-800-FLOWERS.COM will post 0.17 EPS for the current year.

Insider Buying and Selling

In other 1-800-FLOWERS.COM news, major shareholder Fund 1 Investments, Llc sold 40,000 shares of the company’s stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $7.80, for a total transaction of $312,000.00. Following the sale, the insider now directly owns 3,674,364 shares of the company’s stock, valued at $28,660,039.20. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 49.77% of the stock is currently owned by insiders.

Institutional Investors Weigh In On 1-800-FLOWERS.COM

Hedge funds and other institutional investors have recently bought and sold shares of the business. nVerses Capital LLC bought a new position in shares of 1-800-FLOWERS.COM in the third quarter worth $41,000. SG Americas Securities LLC purchased a new stake in 1-800-FLOWERS.COM during the 3rd quarter worth about $106,000. Allspring Global Investments Holdings LLC boosted its stake in 1-800-FLOWERS.COM by 96.5% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 10,532 shares of the specialty retailer’s stock worth $114,000 after purchasing an additional 5,173 shares during the period. EntryPoint Capital LLC purchased a new position in 1-800-FLOWERS.COM during the 1st quarter valued at about $167,000. Finally, Price T Rowe Associates Inc. MD increased its position in shares of 1-800-FLOWERS.COM by 6.4% during the first quarter. Price T Rowe Associates Inc. MD now owns 21,265 shares of the specialty retailer’s stock valued at $231,000 after buying an additional 1,287 shares during the period. Institutional investors own 38.43% of the company’s stock.

1-800-FLOWERS.COM Company Profile

1-800-FLOWERS.COM, Inc provides gifts for various occasions in the United States and internationally. It operates through three segments: Consumer Floral & Gifts, Gourmet Foods & Gift Baskets, and BloomNet. The company offers a range of products, including fresh-cut flowers, floral and fruit arrangements, plants, gifts, personalized products, dipped berries, popcorns, gourmet foods and gift baskets, cookies, chocolates, candies, wines, and gift-quality fruits.