1-800-FLOWERS.COM (NASDAQ:FLWS) Receives Neutral Rating from DA Davidson

DA Davidson restated their neutral rating on shares of 1-800-FLOWERS.COM (NASDAQ:FLWS) in a research note issued to investors on Thursday,Benzinga reports. They currently have a $7.50 target price on the specialty retailer’s stock.

A number of other analysts also recently commented on FLWS. StockNews.com downgraded shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a report on Saturday, November 9th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a report on Saturday, January 18th.

1-800-FLOWERS.COM Stock Down 8.4 %

Shares of FLWS stock opened at $8.09 on Thursday. 1-800-FLOWERS.COM has a 1 year low of $6.56 and a 1 year high of $11.42. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.41 and a current ratio of 1.44. The business’s fifty day moving average is $7.96 and its 200-day moving average is $8.31. The stock has a market cap of $519.54 million, a PE ratio of -57.79, a price-to-earnings-growth ratio of 3.29 and a beta of 1.58.

1-800-FLOWERS.COM (NASDAQ:FLWS) last announced its earnings results 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 0.50% and a positive return on equity of 2.10%. Equities analysts expect that 1-800-FLOWERS.COM will post 0.17 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, major shareholder Fund 1 Investments, Llc sold 40,000 shares of the firm’s stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $7.80, for a total value of $312,000.00. Following the completion of the transaction, the insider now owns 3,674,364 shares of the company’s stock, valued at approximately $28,660,039.20. This trade represents a 1.08 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In the last quarter, insiders have purchased 803,405 shares of company stock valued at $6,292,721. 51.00% of the stock is owned by corporate insiders.

Institutional Trading of 1-800-FLOWERS.COM

A number of hedge funds have recently modified their holdings of the business. Empowered Funds LLC grew its holdings in shares of 1-800-FLOWERS.COM by 5.1% during the fourth quarter. Empowered Funds LLC now owns 357,988 shares of the specialty retailer’s stock valued at $2,925,000 after buying an additional 17,351 shares in the last quarter. Arkadios Wealth Advisors boosted its position in 1-800-FLOWERS.COM by 12.9% during the 4th quarter. Arkadios Wealth Advisors now owns 35,215 shares of the specialty retailer’s stock worth $288,000 after acquiring an additional 4,015 shares during the period. JPMorgan Chase & Co. grew its stake 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 valued at $112,000 after acquiring an additional 1,623 shares in the last quarter. Barclays PLC increased its holdings in shares of 1-800-FLOWERS.COM by 24.3% in the 3rd quarter. Barclays PLC now owns 97,904 shares of the specialty retailer’s stock valued at $778,000 after purchasing an additional 19,150 shares during the period. Finally, Jane Street Group LLC lifted its position in shares of 1-800-FLOWERS.COM by 66.1% in the third quarter. Jane Street Group LLC now owns 56,440 shares of the specialty retailer’s stock worth $448,000 after purchasing an additional 22,460 shares in the last quarter. Hedge funds and other 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.