1-800-FLOWERS.COM (NASDAQ:FLWS) Lowered to Sell Rating by StockNews.com

1-800-FLOWERS.COM (NASDAQ:FLWS) was downgraded by investment analysts at StockNews.com from a “hold” rating to a “sell” rating in a research note issued to investors on Monday.

A number of other equities analysts have also commented on the company. Weiss Ratings restated a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research note on Saturday. DA Davidson restated a “neutral” rating and set a $7.50 price objective on shares of 1-800-FLOWERS.COM in a research note on Friday, March 14th.

1-800-FLOWERS.COM Price Performance

Shares of NASDAQ FLWS opened at $5.24 on Monday. The business’s 50 day moving average is $5.62 and its 200-day moving average is $7.15. 1-800-FLOWERS.COM has a 1-year low of $3.86 and a 1-year high of $11.10. The company has a current ratio of 1.51, a quick ratio of 1.03 and a debt-to-equity ratio of 0.32. The firm has a market cap of $333.27 million, a P/E ratio of -47.64 and a beta of 1.58.

1-800-FLOWERS.COM (NASDAQ:FLWS) last posted its quarterly earnings data on Thursday, May 8th. The specialty retailer reported ($0.71) EPS for the quarter, missing analysts’ consensus estimates of ($0.34) by ($0.37). 1-800-FLOWERS.COM had a negative return on equity of 0.76% and a negative net margin of 0.43%. The company had revenue of $331.45 million for the quarter, compared to the consensus estimate of $367.85 million. During the same quarter last year, the business earned ($0.28) EPS. 1-800-FLOWERS.COM’s revenue was down 23.1% on a year-over-year basis. Equities research analysts predict that 1-800-FLOWERS.COM will post -0.07 earnings per share for the current year.

Insiders Place Their Bets

In related news, major shareholder Fund 1 Investments, Llc purchased 5,000 shares of the firm’s stock in a transaction that occurred on Monday, April 21st. The shares were bought at an average cost of $5.17 per share, with a total value of $25,850.00. Following the acquisition, the insider now owns 8,465,067 shares of the company’s stock, valued at $43,764,396.39. This trade represents a 0.06% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Over the last 90 days, insiders acquired 1,185,098 shares of company stock valued at $7,824,807. 51.00% of the stock is currently owned by corporate insiders.

Institutional Trading of 1-800-FLOWERS.COM

Hedge funds have recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp increased its holdings in shares of 1-800-FLOWERS.COM by 120.1% during 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 acquired a new stake in shares of 1-800-FLOWERS.COM during the 4th quarter valued at $37,000. Quantbot Technologies LP acquired a new stake in shares of 1-800-FLOWERS.COM during the 4th quarter valued at $84,000. XTX Topco Ltd acquired a new stake in shares of 1-800-FLOWERS.COM during the 4th quarter valued at $92,000. Finally, Inceptionr LLC acquired a new stake in shares of 1-800-FLOWERS.COM during the 4th quarter valued at $101,000. Institutional investors and hedge funds 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.