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

StockNews.com cut shares of 1-800-FLOWERS.COM (NASDAQ:FLWS) from a buy rating to a hold rating in a report released on Friday morning.

Separately, DA Davidson decreased their target price on 1-800-FLOWERS.COM from $9.50 to $9.00 and set a neutral rating on the stock in a research note on Friday.

1-800-FLOWERS.COM Stock Performance

FLWS opened at $8.90 on Friday. The stock has a market cap of $574.05 million, a P/E ratio of -74.17, a P/E/G ratio of 2.47 and a beta of 1.67. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.59 and a quick ratio of 1.12. The firm has a fifty day moving average price of $9.80 and a 200 day moving average price of $9.61. 1-800-FLOWERS.COM has a 1 year low of $5.97 and a 1 year high of $11.42.

1-800-FLOWERS.COM (NASDAQ:FLWS) last released its earnings results on Thursday, May 2nd. The specialty retailer reported ($0.28) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.04). 1-800-FLOWERS.COM had a positive return on equity of 3.29% and a negative net margin of 0.42%. The business had revenue of $379.40 million for the quarter, compared to analysts’ expectations of $383.73 million. During the same period in the previous year, the company earned ($0.27) EPS. 1-800-FLOWERS.COM’s quarterly revenue was down 9.1% compared to the same quarter last year. Equities research analysts anticipate that 1-800-FLOWERS.COM will post 0.24 earnings per share for the current year.

Insider Activity

In other news, insider Arnold P. Leap sold 3,000 shares of the firm’s stock in a transaction on Friday, February 9th. The stock was sold at an average price of $9.32, for a total value of $27,960.00. Following the completion of the transaction, the insider now owns 72,739 shares in the company, valued at $677,927.48. The sale was disclosed in a document filed with the SEC, which is available at this link. Insiders own 49.77% of the company’s stock.

Institutional Trading of 1-800-FLOWERS.COM

Several institutional investors and hedge funds have recently modified their holdings of FLWS. Fuller & Thaler Asset Management Inc. acquired a new position in shares of 1-800-FLOWERS.COM during the 3rd quarter worth approximately $1,564,000. GSA Capital Partners LLP acquired a new position in 1-800-FLOWERS.COM in the 1st quarter valued at about $1,432,000. North Star Investment Management Corp. raised its position in shares of 1-800-FLOWERS.COM by 78.2% in the fourth quarter. North Star Investment Management Corp. now owns 300,650 shares of the specialty retailer’s stock valued at $3,241,000 after buying an additional 131,900 shares during the last quarter. PEAK6 Investments LLC grew its stake in 1-800-FLOWERS.COM by 865.9% in the 4th quarter. PEAK6 Investments LLC now owns 144,888 shares of the specialty retailer’s stock worth $1,562,000 after acquiring an additional 129,888 shares during the period. Finally, Prosperity Consulting Group LLC acquired a new position in 1-800-FLOWERS.COM in the 1st quarter valued at $1,105,000. Hedge funds and other institutional investors own 38.43% of the company’s stock.

About 1-800-FLOWERS.COM

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.