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

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

A number of other equities research analysts have also recently issued reports on the stock. StockNews.com cut 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 price target 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 Price Performance

FLWS stock traded down $0.02 during mid-day trading on Friday, hitting $8.14. 489,811 shares of the stock were exchanged, compared to its average volume of 339,676. The business has a fifty day moving average price of $7.86 and a 200 day moving average price of $8.37. 1-800-FLOWERS.COM has a 12 month low of $7.01 and a 12 month 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 market capitalization of $522.75 million, a price-to-earnings ratio of -58.14, a PEG ratio of 2.81 and a beta of 1.58.

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

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

In other 1-800-FLOWERS.COM news, major shareholder Fund 1 Investments, Llc sold 40,000 shares of the firm’s stock in a transaction on Monday, November 4th. The shares were sold at an average price of $7.80, for a total value of $312,000.00. Following the sale, the insider now owns 3,674,364 shares of the company’s stock, valued at $28,660,039.20. This trade represents a 1.08 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last 90 days, insiders purchased 208,000 shares of company stock worth $1,547,210. 51.00% of the stock is currently owned by insiders.

Institutional Trading of 1-800-FLOWERS.COM

A number of institutional investors have recently modified their holdings of FLWS. Arkadios Wealth Advisors raised its position in 1-800-FLOWERS.COM by 12.9% during the 4th quarter. Arkadios Wealth Advisors now owns 35,215 shares of the specialty retailer’s stock valued at $288,000 after purchasing an additional 4,015 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of 1-800-FLOWERS.COM by 13.0% during the third quarter. JPMorgan Chase & Co. now owns 14,095 shares of the specialty retailer’s stock valued at $112,000 after acquiring an additional 1,623 shares in the last quarter. Barclays PLC lifted its stake in 1-800-FLOWERS.COM by 24.3% in the third quarter. Barclays PLC now owns 97,904 shares of the specialty retailer’s stock worth $778,000 after acquiring an additional 19,150 shares during the period. Jane Street Group LLC boosted its holdings in 1-800-FLOWERS.COM by 66.1% in the third quarter. Jane Street Group LLC now owns 56,440 shares of the specialty retailer’s stock valued at $448,000 after acquiring an additional 22,460 shares in the last quarter. Finally, State Street Corp boosted its holdings in 1-800-FLOWERS.COM by 0.5% in the third quarter. State Street Corp now owns 599,570 shares of the specialty retailer’s stock valued at $4,755,000 after acquiring an additional 2,886 shares in the last quarter. 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.