1-800-FLOWERS.COM (NASDAQ:FLWS – Get Free Report) had its price target cut by research analysts at DA Davidson from $9.50 to $9.00 in a research report issued on Friday, Benzinga reports. The brokerage currently has a “neutral” rating on the specialty retailer’s stock. DA Davidson’s price target suggests a potential upside of 1.12% from the company’s current price.
Separately, StockNews.com raised 1-800-FLOWERS.COM from a “hold” rating to a “buy” rating in a research report on Thursday, February 29th.
View Our Latest Report on 1-800-FLOWERS.COM
1-800-FLOWERS.COM Stock Performance
1-800-FLOWERS.COM (NASDAQ:FLWS – Get Free Report) last issued its quarterly earnings results on Thursday, May 2nd. The specialty retailer reported ($0.28) EPS for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.04). 1-800-FLOWERS.COM had a positive return on equity of 3.32% and a negative net margin of 3.24%. The business had revenue of $379.40 million for the quarter, compared to analyst estimates of $383.73 million. During the same quarter last year, the firm earned ($0.27) earnings per share. The firm’s quarterly revenue was down 9.1% compared to the same quarter last year. As a group, research analysts anticipate that 1-800-FLOWERS.COM will post 0.28 earnings per share for the current year.
Insider Activity at 1-800-FLOWERS.COM
In other 1-800-FLOWERS.COM news, insider Arnold P. Leap sold 3,000 shares of the stock in a transaction on Friday, February 9th. The stock was sold at an average price of $9.32, for a total transaction of $27,960.00. Following the completion of the transaction, the insider now directly owns 72,739 shares in the company, valued at $677,927.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 49.77% of the stock is currently owned by insiders.
Institutional Investors Weigh In On 1-800-FLOWERS.COM
Large investors have recently bought and sold shares of the business. Principal Financial Group Inc. bought a new stake in shares of 1-800-FLOWERS.COM during the third quarter valued at approximately $73,000. Allspring Global Investments Holdings LLC grew its holdings in 1-800-FLOWERS.COM by 96.5% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 10,532 shares of the specialty retailer’s stock worth $114,000 after acquiring an additional 5,173 shares during the period. Quantbot Technologies LP acquired a new stake in shares of 1-800-FLOWERS.COM during the third quarter worth $189,000. Stratos Wealth Advisors LLC bought a new stake in shares of 1-800-FLOWERS.COM in the 4th quarter valued at about $208,000. Finally, Prosperity Wealth Management Inc. acquired a new stake in 1-800-FLOWERS.COM in the fourth quarter worth $248,000. 38.43% of the stock is currently owned by 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.
Featured Articles
- Five stocks we like better than 1-800-FLOWERS.COM
- How to Use the MarketBeat Stock Screener
- Apple’s Earnings Show Investors Its Strength and Its Weakness
- Are Penny Stocks a Good Fit for Your Portfolio?
- Bargain Alert: 3 Large Caps With Extremely Oversold RSIs
- NYSE Stocks Give Investors a Variety of Quality Options
- DraftKings Q1: Strong Customer Acquisition and Product Innovation
Receive News & Ratings for 1-800-FLOWERS.COM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 1-800-FLOWERS.COM and related companies with MarketBeat.com's FREE daily email newsletter.