1-800-FLOWERS.COM’s (FLWS) “Neutral” Rating Reiterated at DA Davidson

1-800-FLOWERS.COM (NASDAQ:FLWS)‘s stock had its “neutral” rating reissued by DA Davidson in a research report issued to clients and investors on Thursday,Benzinga reports. They presently have a $7.50 price target on the specialty retailer’s stock. DA Davidson’s price target would indicate a potential downside of 7.29% from the company’s current price.

A number of other equities analysts also recently commented on FLWS. Weiss Ratings restated a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research note on Saturday, January 18th. StockNews.com downgraded 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note on Saturday, November 9th.

1-800-FLOWERS.COM Stock Down 8.4 %

1-800-FLOWERS.COM stock traded down $0.74 during midday trading on Thursday, reaching $8.09. The stock had a trading volume of 1,591,892 shares, compared to its average volume of 529,442. The stock has a market capitalization of $519.54 million, a P/E ratio of -57.79, a price-to-earnings-growth ratio of 3.29 and a beta of 1.58. The firm’s fifty day simple moving average is $7.95 and its 200-day simple moving average is $8.31. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.41 and a current ratio of 1.44. 1-800-FLOWERS.COM has a 1-year low of $6.56 and a 1-year high of $11.42.

1-800-FLOWERS.COM (NASDAQ:FLWS) last announced its quarterly earnings data on Thursday, January 30th. The specialty retailer reported $1.08 EPS for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.11). 1-800-FLOWERS.COM had a positive return on equity of 2.10% and a negative net margin of 0.50%. As a group, analysts expect that 1-800-FLOWERS.COM will post 0.17 EPS for the current fiscal year.

Insider Buying and Selling at 1-800-FLOWERS.COM

In related news, major shareholder Fund 1 Investments, Llc acquired 50,000 shares of the business’s stock in a transaction on Friday, January 10th. The stock was purchased at an average cost of $7.18 per share, for a total transaction of $359,000.00. Following the completion of the transaction, the insider now directly owns 4,224,364 shares of the company’s stock, valued at approximately $30,330,933.52. The trade was a 1.20 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders bought a total of 334,301 shares of company stock worth $2,597,102 over the last quarter. 51.00% of the stock is currently owned by insiders.

Hedge Funds Weigh In On 1-800-FLOWERS.COM

A number of large investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP grew its holdings in 1-800-FLOWERS.COM by 5.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,635,093 shares of the specialty retailer’s stock valued at $25,086,000 after buying an additional 129,627 shares in the last quarter. Hsbc Holdings PLC boosted its position in shares of 1-800-FLOWERS.COM by 7.2% in the second quarter. Hsbc Holdings PLC now owns 32,034 shares of the specialty retailer’s stock valued at $304,000 after acquiring an additional 2,148 shares during the period. AQR Capital Management LLC grew its stake in shares of 1-800-FLOWERS.COM by 55.1% in the second quarter. AQR Capital Management LLC now owns 136,020 shares of the specialty retailer’s stock valued at $1,295,000 after acquiring an additional 48,321 shares in the last quarter. SG Americas Securities LLC bought a new position in 1-800-FLOWERS.COM during the third quarter worth about $106,000. Finally, nVerses Capital LLC acquired a new stake in 1-800-FLOWERS.COM in the 3rd quarter worth about $41,000. 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.