1-800-FLOWERS.COM (NASDAQ:FLWS) Issues Quarterly Earnings Results

1-800-FLOWERS.COM (NASDAQ:FLWS) released its earnings results on Thursday. The specialty retailer reported $1.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.19 by ($0.11), Zacks reports. 1-800-FLOWERS.COM had a negative net margin of 0.50% and a positive return on equity of 2.10%.

1-800-FLOWERS.COM Stock Performance

Shares of NASDAQ:FLWS traded down $0.70 during trading on Thursday, hitting $8.14. 859,208 shares of the company were exchanged, compared to its average volume of 489,971. The company has a market cap of $522.43 million, a PE ratio of -58.25, a P/E/G ratio of 3.29 and a beta of 1.58. 1-800-FLOWERS.COM has a 52-week low of $6.56 and a 52-week high of $11.42. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.44 and a quick ratio of 0.41. The stock has a 50 day moving average of $7.95 and a 200 day moving average of $8.31.

Insider Buying and Selling at 1-800-FLOWERS.COM

In related news, major shareholder Fund 1 Investments, Llc bought 89,301 shares of the business’s stock in a transaction that occurred on Wednesday, January 22nd. The stock was bought at an average cost of $8.38 per share, for a total transaction of $748,342.38. Following the completion of the transaction, the insider now owns 4,668,665 shares of the company’s stock, valued at approximately $39,123,412.70. The trade was a 1.95 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders purchased 334,301 shares of company stock valued at $2,597,102 in the last quarter. 51.00% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on FLWS shares. StockNews.com lowered 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note on Saturday, November 9th. DA Davidson boosted their price objective on 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the stock a “neutral” rating in a report on Thursday, October 31st. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a report on Saturday, January 18th.

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.