1-800-FLOWERS.COM’s (FLWS) Neutral Rating Reiterated at DA Davidson

DA Davidson reiterated their neutral rating on shares of 1-800-FLOWERS.COM (NASDAQ:FLWS) in a research report released on Friday,Benzinga reports. They currently have a $7.50 price target on the specialty retailer’s stock.

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of 1-800-FLOWERS.COM in a research note on Friday, March 7th.

1-800-FLOWERS.COM Stock Performance

NASDAQ:FLWS opened at $5.84 on Friday. The company has a fifty day moving average of $7.72 and a 200-day moving average of $7.87. The firm has a market capitalization of $371.43 million, a P/E ratio of -53.09 and a beta of 1.81. The company has a quick ratio of 1.03, a current ratio of 1.51 and a debt-to-equity ratio of 0.32. 1-800-FLOWERS.COM has a twelve month low of $5.76 and a twelve month high of $11.42.

1-800-FLOWERS.COM (NASDAQ:FLWS) last released its quarterly earnings data 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 net margin of 0.43% and a negative return on equity of 0.76%. As a group, sell-side analysts anticipate that 1-800-FLOWERS.COM will post -0.07 EPS for the current year.

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

In other news, major shareholder Fund 1 Investments, Llc acquired 61,000 shares of the business’s stock in a transaction on Monday, January 13th. The shares were purchased at an average cost of $7.33 per share, with a total value of $447,130.00. Following the acquisition, the insider now directly owns 4,285,364 shares of the company’s stock, valued at $31,411,718.12. The trade was a 1.44 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last 90 days, insiders acquired 1,953,605 shares of company stock worth $15,151,661. 51.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On 1-800-FLOWERS.COM

A number of hedge funds have recently bought and sold shares of the company. Two Sigma Advisers LP boosted its holdings in 1-800-FLOWERS.COM by 13.0% during the 4th quarter. Two Sigma Advisers LP now owns 13,900 shares of the specialty retailer’s stock worth $114,000 after acquiring an additional 1,600 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in 1-800-FLOWERS.COM by 13.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 14,095 shares of the specialty retailer’s stock worth $112,000 after acquiring an additional 1,623 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in 1-800-FLOWERS.COM by 120.1% during the 4th quarter. Jones Financial Companies Lllp now owns 3,664 shares of the specialty retailer’s stock worth $30,000 after acquiring an additional 1,999 shares during the last quarter. Northern Trust Corp boosted its holdings in shares of 1-800-FLOWERS.COM by 1.1% in the 4th quarter. Northern Trust Corp now owns 244,373 shares of the specialty retailer’s stock worth $1,997,000 after buying an additional 2,663 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in shares of 1-800-FLOWERS.COM by 23.2% in the 4th quarter. Wells Fargo & Company MN now owns 14,721 shares of the specialty retailer’s stock worth $120,000 after buying an additional 2,775 shares during the last quarter. 38.43% of the stock is 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.