Weiss Ratings Reaffirms Sell (E+) Rating for 1-800-FLOWERS.COM (NASDAQ:FLWS)

Weiss Ratings reissued their sell (e+) rating on shares of 1-800-FLOWERS.COM (NASDAQ:FLWS) in a research note published on Saturday morning,Weiss Ratings reports.

Separately, DA Davidson reaffirmed a “neutral” rating and issued a $7.50 price objective 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 $4.83 on Friday. The firm has a market cap of $307.19 million, a price-to-earnings ratio of -43.91 and a beta of 1.58. The firm has a fifty day moving average price of $5.68 and a 200 day moving average price of $7.19. 1-800-FLOWERS.COM has a fifty-two week low of $3.86 and a fifty-two week high of $11.10. 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 released its quarterly earnings data on Thursday, May 8th. The specialty retailer reported ($0.71) EPS for the quarter, missing the consensus estimate of ($0.34) by ($0.37). 1-800-FLOWERS.COM had a negative net margin of 0.43% and a negative return on equity of 0.76%. The company had revenue of $331.45 million for the quarter, compared to the consensus estimate of $367.85 million. During the same period last year, the company earned ($0.28) EPS. The firm’s revenue for the quarter was down 23.1% on a year-over-year basis. As a group, sell-side analysts expect that 1-800-FLOWERS.COM will post -0.07 earnings per share for the current fiscal year.

Insider Transactions at 1-800-FLOWERS.COM

In related news, major shareholder Fund 1 Investments, Llc bought 35,000 shares of the company’s stock in a transaction dated Monday, April 28th. The stock was purchased at an average price of $5.42 per share, for a total transaction of $189,700.00. Following the acquisition, the insider now owns 8,687,914 shares in the company, valued at $47,088,493.88. This trade represents a 0.40 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have acquired a total of 1,276,098 shares of company stock worth $8,561,472 in the last three months. Insiders own 51.00% of the company’s stock.

Institutional Trading of 1-800-FLOWERS.COM

Several hedge funds and other institutional investors have recently bought and sold shares of FLWS. Jones Financial Companies Lllp increased its position in 1-800-FLOWERS.COM by 120.1% during the fourth quarter. Jones Financial Companies Lllp now owns 3,664 shares of the specialty retailer’s stock valued at $30,000 after acquiring an additional 1,999 shares during the last quarter. KLP Kapitalforvaltning AS purchased a new position in shares of 1-800-FLOWERS.COM during the 4th quarter worth about $37,000. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in 1-800-FLOWERS.COM by 123.7% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,671 shares of the specialty retailer’s stock valued at $81,000 after purchasing an additional 7,561 shares during the last quarter. Quantbot Technologies LP bought a new position in 1-800-FLOWERS.COM during the 4th quarter valued at about $84,000. Finally, XTX Topco Ltd purchased a new stake in 1-800-FLOWERS.COM in the 4th quarter worth about $92,000. Hedge funds and other 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.