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

1-800-FLOWERS.COM (NASDAQ:FLWS)‘s stock had its “sell (e+)” rating reissued by equities research analysts at Weiss Ratings in a report released on Saturday,Weiss Ratings reports.

FLWS has been the subject of a number of other reports. StockNews.com downgraded shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note on Saturday, November 9th. DA Davidson upped their target price on shares of 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the company a “neutral” rating in a research report on Thursday, October 31st.

1-800-FLOWERS.COM Trading Down 0.2 %

FLWS stock opened at $8.14 on Friday. The company has a quick ratio of 0.41, a current ratio of 1.44 and a debt-to-equity ratio of 0.40. 1-800-FLOWERS.COM has a twelve month low of $7.01 and a twelve month high of $11.42. The company has a market cap of $522.75 million, a P/E ratio of -58.14, a PEG ratio of 2.81 and a beta of 1.58. The business has a fifty day moving average of $7.86 and a 200-day moving average of $8.36.

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

Insiders Place Their Bets

In other news, major shareholder Fund 1 Investments, Llc bought 50,000 shares of the business’s stock in a transaction on Friday, January 10th. The shares were bought at an average cost of $7.18 per share, for a total transaction of $359,000.00. Following the completion of the acquisition, the insider now owns 4,224,364 shares in the company, valued at approximately $30,330,933.52. This trade represents a 1.20 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last quarter, insiders have purchased 208,000 shares of company stock worth $1,547,210. Insiders own 51.00% of the company’s stock.

Institutional Trading of 1-800-FLOWERS.COM

A number of large investors have recently made changes to their positions in FLWS. American Century Companies Inc. lifted its holdings in shares of 1-800-FLOWERS.COM by 37.7% during the 2nd quarter. American Century Companies Inc. now owns 557,420 shares of the specialty retailer’s stock valued at $5,307,000 after purchasing an additional 152,536 shares in the last quarter. Federated Hermes Inc. raised its holdings in 1-800-FLOWERS.COM by 8.9% during the 2nd quarter. Federated Hermes Inc. now owns 25,633 shares of the specialty retailer’s stock worth $244,000 after buying an additional 2,100 shares during the period. Dimensional Fund Advisors LP lifted its stake in 1-800-FLOWERS.COM by 5.2% in the second 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 holdings 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 buying an additional 2,148 shares during the period. Finally, Sei Investments Co. increased its position in shares of 1-800-FLOWERS.COM by 15.7% during the second quarter. Sei Investments Co. now owns 686,961 shares of the specialty retailer’s stock worth $6,540,000 after acquiring an additional 93,041 shares in the last quarter. Institutional investors 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.