1-800-FLOWERS.COM (NASDAQ:FLWS) Rating Lowered to “Hold” at StockNews.com

StockNews.com downgraded shares of 1-800-FLOWERS.COM (NASDAQ:FLWS) from a buy rating to a hold rating in a report released on Saturday.

Separately, DA Davidson increased their price objective on shares of 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the stock a “neutral” rating in a research report on Thursday, October 31st.

1-800-FLOWERS.COM Trading Down 0.2 %

Shares of FLWS stock opened at $8.86 on Friday. 1-800-FLOWERS.COM has a fifty-two week low of $7.14 and a fifty-two week high of $11.42. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.92 and a current ratio of 1.44. The stock has a 50 day simple moving average of $8.01 and a two-hundred day simple moving average of $8.92. The company has a market cap of $568.99 million, a P/E ratio of -63.29, a PEG ratio of 3.53 and a beta of 1.61.

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 company had revenue of $193.20 million during 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%. 1-800-FLOWERS.COM’s revenue for the quarter was down 28.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.48) EPS. Research analysts forecast that 1-800-FLOWERS.COM will post 0.17 earnings per share for the current year.

Insider Activity at 1-800-FLOWERS.COM

In other 1-800-FLOWERS.COM news, major shareholder Fund 1 Investments, Llc sold 40,000 shares of the company’s stock in a transaction on Monday, November 4th. The shares were sold at an average price of $7.80, for a total transaction of $312,000.00. Following the transaction, the insider now owns 3,674,364 shares in the company, valued at approximately $28,660,039.20. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 49.77% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. nVerses Capital LLC purchased a new stake in 1-800-FLOWERS.COM in the 3rd quarter valued at $41,000. SG Americas Securities LLC purchased a new stake in shares of 1-800-FLOWERS.COM in the third quarter valued at about $106,000. Allspring Global Investments Holdings LLC lifted its position in shares of 1-800-FLOWERS.COM by 96.5% during the first quarter. Allspring Global Investments Holdings LLC now owns 10,532 shares of the specialty retailer’s stock valued at $114,000 after purchasing an additional 5,173 shares in the last quarter. EntryPoint Capital LLC purchased a new position in 1-800-FLOWERS.COM during the first quarter worth about $167,000. Finally, Price T Rowe Associates Inc. MD grew its position in 1-800-FLOWERS.COM by 6.4% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 21,265 shares of the specialty retailer’s stock worth $231,000 after purchasing an additional 1,287 shares in the last quarter. Institutional investors own 38.43% of the company’s stock.

About 1-800-FLOWERS.COM

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.