1-800-FLOWERS.COM (NASDAQ:FLWS) Receives “Sell (E+)” Rating from Weiss Ratings

1-800-FLOWERS.COM (NASDAQ:FLWS)‘s stock had its “sell (e+)” rating reaffirmed by research analysts at Weiss Ratings in a research report issued to clients and investors on Saturday,Weiss Ratings reports.

Separately, DA Davidson reaffirmed a “neutral” rating and set a $7.50 target price 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 $5.80 on Friday. 1-800-FLOWERS.COM has a fifty-two week low of $5.43 and a fifty-two week high of $11.42. The company has a 50 day simple moving average of $7.53 and a two-hundred day simple moving average of $7.79. The company has a market capitalization of $368.89 million, a price-to-earnings ratio of -52.73 and a beta of 1.81. 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 (NASDAQ:FLWS) last announced 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 net margin of 0.43% and a negative return on equity of 0.76%. Analysts expect that 1-800-FLOWERS.COM will post -0.07 EPS for the current fiscal year.

Insider Activity at 1-800-FLOWERS.COM

In other news, major shareholder Fund 1 Investments, Llc purchased 61,000 shares of 1-800-FLOWERS.COM stock in a transaction that occurred on Monday, January 13th. The stock was bought at an average price of $7.33 per share, with a total value of $447,130.00. Following the completion of the transaction, the insider now directly owns 4,285,364 shares of the company’s stock, valued at approximately $31,411,718.12. The trade was a 1.44 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders bought 2,135,105 shares of company stock valued at $16,169,191 over the last 90 days. Corporate insiders own 51.00% of the company’s stock.

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

Large investors have recently added to or reduced their stakes in the stock. First Eagle Investment Management LLC grew its position in 1-800-FLOWERS.COM by 117.4% in the 4th quarter. First Eagle Investment Management LLC now owns 349,260 shares of the specialty retailer’s stock worth $2,853,000 after purchasing an additional 188,582 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of 1-800-FLOWERS.COM by 13.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 14,095 shares of the specialty retailer’s stock worth $112,000 after acquiring an additional 1,623 shares during the last quarter. Arkadios Wealth Advisors boosted its stake in shares of 1-800-FLOWERS.COM by 12.9% during the 4th quarter. Arkadios Wealth Advisors now owns 35,215 shares of the specialty retailer’s stock worth $288,000 after acquiring an additional 4,015 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of 1-800-FLOWERS.COM by 66.1% during the 3rd quarter. Jane Street Group LLC now owns 56,440 shares of the specialty retailer’s stock worth $448,000 after acquiring an additional 22,460 shares during the last quarter. Finally, State Street Corp boosted its stake in shares of 1-800-FLOWERS.COM by 0.5% during the 3rd quarter. State Street Corp now owns 599,570 shares of the specialty retailer’s stock worth $4,755,000 after acquiring an additional 2,886 shares during the last quarter. 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.