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

DA Davidson reissued their neutral rating on shares of 1-800-FLOWERS.COM (NASDAQ:FLWS) in a report published on Friday,Benzinga reports. The firm currently has a $7.50 price target on the specialty retailer’s stock.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of 1-800-FLOWERS.COM in a research report on Friday, March 7th.

1-800-FLOWERS.COM Price Performance

FLWS opened at $5.84 on Friday. The firm has a market cap of $371.43 million, a P/E ratio of -53.09 and a beta of 1.81. The firm has a 50-day moving average of $7.72 and a 200 day moving average of $7.87. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.03 and a current ratio of 1.51. 1-800-FLOWERS.COM has a fifty-two week low of $5.76 and a fifty-two week high of $11.42.

1-800-FLOWERS.COM (NASDAQ:FLWS) last issued its earnings results on Thursday, January 30th. The specialty retailer reported $1.08 earnings per share for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.11). 1-800-FLOWERS.COM had a negative return on equity of 0.76% and a negative net margin of 0.43%. On average, research analysts expect that 1-800-FLOWERS.COM will post -0.07 EPS for the current year.

Insiders Place Their Bets

In other news, major shareholder Fund 1 Investments, Llc purchased 15,500 shares of the stock in a transaction dated Wednesday, March 5th. The shares were purchased at an average cost of $6.43 per share, with a total value of $99,665.00. Following the completion of the acquisition, the insider now owns 7,658,469 shares in the company, valued at $49,243,955.67. This represents a 0.20 % increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders acquired 1,953,605 shares of company stock worth $15,151,661 over the last quarter. 51.00% of the stock is currently owned by company insiders.

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

A number of institutional investors and hedge funds have recently modified their holdings of FLWS. Jones Financial Companies Lllp lifted its holdings in shares of 1-800-FLOWERS.COM by 120.1% in the fourth quarter. Jones Financial Companies Lllp now owns 3,664 shares of the specialty retailer’s stock worth $30,000 after buying an additional 1,999 shares in the last quarter. KLP Kapitalforvaltning AS purchased a new stake in shares of 1-800-FLOWERS.COM in the fourth quarter worth about $37,000. Quantbot Technologies LP purchased a new stake in shares of 1-800-FLOWERS.COM in the fourth quarter worth about $84,000. XTX Topco Ltd purchased a new stake in shares of 1-800-FLOWERS.COM in the fourth quarter worth about $92,000. Finally, Inceptionr LLC purchased a new stake in 1-800-FLOWERS.COM in the fourth quarter valued at approximately $101,000. 38.43% of the stock is owned by hedge funds and other institutional investors.

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.