1-800-FLOWERS.COM (NASDAQ:FLWS) Releases Earnings Results, Misses Estimates By $0.11 EPS

1-800-FLOWERS.COM (NASDAQ:FLWS) announced its quarterly earnings results on Thursday. The specialty retailer reported $1.08 EPS for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.11), Zacks reports. 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 Stock Down 7.8 %

Shares of NASDAQ FLWS traded down $0.69 during mid-day trading on Thursday, hitting $8.14. The company had a trading volume of 797,075 shares, compared to its average volume of 486,428. 1-800-FLOWERS.COM has a 1-year low of $6.56 and a 1-year high of $11.42. The company has a market capitalization of $522.75 million, a PE ratio of -58.50, a price-to-earnings-growth ratio of 3.29 and a beta of 1.58. 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 business’s 50-day simple moving average is $7.95 and its 200 day simple moving average is $8.31.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. DA Davidson boosted their target price on shares of 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the stock a “neutral” rating in a report on Thursday, October 31st. Weiss Ratings reissued a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research report on Saturday, January 18th. Finally, StockNews.com downgraded 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note on Saturday, November 9th.

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

In other news, major shareholder Fund 1 Investments, Llc purchased 50,000 shares of the business’s stock in a transaction on Friday, January 10th. The shares were bought at an average price of $7.18 per share, with a total value of $359,000.00. Following the completion of the transaction, the insider now directly owns 4,224,364 shares in the company, valued at approximately $30,330,933.52. This represents a 1.20 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have purchased 334,301 shares of company stock valued at $2,597,102 in the last quarter. Corporate insiders own 51.00% 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.