1-800-FLOWERS.COM (FLWS) Projected to Post Quarterly Earnings on Thursday

1-800-FLOWERS.COM (NASDAQ:FLWS) will likely be issuing its quarterly earnings data before the market opens on Thursday, January 30th. Analysts expect the company to announce earnings of $1.19 per share and revenue of $801.91 million for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

1-800-FLOWERS.COM (NASDAQ:FLWS) last released its quarterly earnings data on Thursday, October 31st. The specialty retailer reported ($0.51) earnings per share for the quarter, beating the consensus estimate of ($0.53) by $0.02. The firm had revenue of $193.20 million for the quarter, compared to analyst estimates of $246.88 million. 1-800-FLOWERS.COM had a negative net margin of 0.50% and a positive return on equity of 2.10%. The company’s revenue for the quarter was down 28.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.48) EPS. On average, analysts expect 1-800-FLOWERS.COM to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

1-800-FLOWERS.COM Trading Down 0.8 %

Shares of NASDAQ:FLWS opened at $8.67 on Wednesday. The firm has a fifty day moving average of $7.92 and a two-hundred day moving average of $8.30. The company has a quick ratio of 0.41, a current ratio of 1.44 and a debt-to-equity ratio of 0.40. 1-800-FLOWERS.COM has a 12-month low of $7.01 and a 12-month high of $11.42. The firm has a market capitalization of $556.79 million, a P/E ratio of -61.93, a price-to-earnings-growth ratio of 3.29 and a beta of 1.58.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on FLWS. DA Davidson lifted their price objective on 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. Weiss Ratings reiterated a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a report on Saturday, January 18th. Finally, StockNews.com downgraded 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a report on Saturday, November 9th.

Insider Activity

In related news, major shareholder Fund 1 Investments, Llc purchased 89,301 shares of 1-800-FLOWERS.COM stock in a transaction on Wednesday, January 22nd. The stock was purchased at an average cost of $8.38 per share, with a total value of $748,342.38. Following the acquisition, the insider now directly owns 4,668,665 shares in the company, valued at approximately $39,123,412.70. This trade represents a 1.95 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Insiders have bought a total of 334,301 shares of company stock valued at $2,597,102 over the last 90 days. 51.00% of the stock is currently owned by company insiders.

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.