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

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

Separately, DA Davidson lifted their price objective on shares of 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the company a “neutral” rating in a report on Thursday, October 31st.

1-800-FLOWERS.COM Stock Performance

Shares of FLWS stock opened at $9.00 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.92 and a current ratio of 1.44. The company has a market capitalization of $577.98 million, a P/E ratio of -64.29, a price-to-earnings-growth ratio of 3.21 and a beta of 1.61. The company’s 50 day moving average price is $7.97 and its two-hundred day moving average price is $8.93. 1-800-FLOWERS.COM has a 52 week low of $7.14 and a 52 week high of $11.42.

1-800-FLOWERS.COM (NASDAQ:FLWS) last announced its earnings results on Thursday, October 31st. The specialty retailer reported ($0.51) EPS for the quarter, topping the consensus estimate of ($0.53) by $0.02. The firm had revenue of $193.20 million for the quarter, compared to the consensus estimate of $246.88 million. 1-800-FLOWERS.COM had a negative net margin of 0.50% and a positive return on equity of 2.10%. The business’s quarterly revenue was down 28.2% on a year-over-year basis. During the same period last year, the company posted ($0.48) EPS. On average, analysts expect that 1-800-FLOWERS.COM will post 0.17 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, major shareholder Fund 1 Investments, Llc sold 40,000 shares of the business’s stock in a transaction on Monday, November 4th. The shares were sold at an average price of $7.80, for a total transaction of $312,000.00. Following the transaction, the insider now directly owns 3,674,364 shares in the company, valued at approximately $28,660,039.20. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 51.00% of the stock is owned by corporate insiders.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. nVerses Capital LLC bought a new position in 1-800-FLOWERS.COM during the third quarter worth $41,000. Allspring Global Investments Holdings LLC boosted its position in shares of 1-800-FLOWERS.COM by 96.5% in the first quarter. Allspring Global Investments Holdings LLC now owns 10,532 shares of the specialty retailer’s stock valued at $114,000 after acquiring an additional 5,173 shares during the period. SG Americas Securities LLC bought a new stake in shares of 1-800-FLOWERS.COM in the third quarter valued at about $106,000. EntryPoint Capital LLC bought a new stake in shares of 1-800-FLOWERS.COM in the first quarter valued at about $167,000. Finally, Price T Rowe Associates Inc. MD boosted its position in shares of 1-800-FLOWERS.COM by 6.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 21,265 shares of the specialty retailer’s stock valued at $231,000 after acquiring an additional 1,287 shares during the period. 38.43% of the stock is owned by 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.