1-800-FLOWERS.COM’s (FLWS) Sell (E+) Rating Reiterated at Weiss Ratings

Weiss Ratings reaffirmed their sell (e+) rating on shares of 1-800-FLOWERS.COM (NASDAQ:FLWS) in a research report released on Saturday,Weiss Ratings reports.

Separately, DA Davidson restated a “neutral” rating and issued a $7.50 price objective on shares of 1-800-FLOWERS.COM in a research report on Friday, March 14th.

1-800-FLOWERS.COM Price Performance

Shares of NASDAQ FLWS opened at $6.02 on Friday. 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 stock has a fifty day simple moving average of $7.51 and a two-hundred day simple moving average of $7.78. 1-800-FLOWERS.COM has a 1-year low of $5.43 and a 1-year high of $11.42. The firm has a market cap of $382.88 million, a price-to-earnings ratio of -54.73 and a beta of 1.81.

1-800-FLOWERS.COM (NASDAQ:FLWS) last released its quarterly earnings results on Thursday, January 30th. The specialty retailer reported $1.08 earnings per share for the quarter, missing the consensus estimate of $1.19 by ($0.11). 1-800-FLOWERS.COM had a negative return on equity of 0.76% and a negative net margin of 0.43%. Analysts anticipate that 1-800-FLOWERS.COM will post -0.07 earnings per share for the current year.

Insider Activity

In related news, major shareholder Fund 1 Investments, Llc bought 50,000 shares of the stock in a transaction dated Friday, January 10th. The shares were purchased at an average price of $7.18 per share, with a total value of $359,000.00. Following the completion of the acquisition, the insider now owns 4,224,364 shares of the company’s stock, valued at $30,330,933.52. This represents a 1.20 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders purchased 2,135,105 shares of company stock worth $16,169,191 over the last three months. 51.00% of the stock is currently owned by corporate insiders.

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

A number of hedge funds have recently made changes to their positions in the company. Jones Financial Companies Lllp grew its holdings in shares of 1-800-FLOWERS.COM by 120.1% in the fourth quarter. Jones Financial Companies Lllp now owns 3,664 shares of the specialty retailer’s stock valued at $30,000 after purchasing an additional 1,999 shares in the last quarter. KLP Kapitalforvaltning AS purchased a new stake in shares of 1-800-FLOWERS.COM during the 4th quarter valued at about $37,000. Quantbot Technologies LP bought a new position in shares of 1-800-FLOWERS.COM in the 4th quarter valued at about $84,000. XTX Topco Ltd purchased a new position in 1-800-FLOWERS.COM in the fourth quarter worth about $92,000. Finally, Inceptionr LLC bought a new stake in 1-800-FLOWERS.COM during the fourth quarter worth approximately $101,000. 38.43% of the stock is currently owned by hedge funds and other institutional investors.

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.