1-800 FLOWERS.COM (NASDAQ:FLWS) Releases Earnings Results, Misses Estimates By $0.10 EPS

1-800 FLOWERS.COM (NASDAQ:FLWS) announced its quarterly earnings data on Thursday. The specialty retailer reported ($0.80) earnings per share for the quarter, missing the consensus estimate of ($0.70) by ($0.10), FiscalAI reports. The business had revenue of $293.12 million for the quarter, compared to the consensus estimate of $294.17 million. 1-800 FLOWERS.COM had a negative return on equity of 28.81% and a negative net margin of 8.69%.

1-800 FLOWERS.COM Trading Down 4.4%

NASDAQ FLWS opened at $3.49 on Thursday. The company has a quick ratio of 0.49, a current ratio of 1.14 and a debt-to-equity ratio of 0.61. 1-800 FLOWERS.COM has a twelve month low of $2.88 and a twelve month high of $7.10. The company has a market cap of $223.71 million, a price-to-earnings ratio of -1.65 and a beta of 1.34. The business’s fifty day moving average is $3.90 and its 200 day moving average is $3.79.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Wall Street Zen upgraded 1-800 FLOWERS.COM from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 6th. Zacks Research raised shares of 1-800 FLOWERS.COM from a “strong sell” rating to a “hold” rating in a report on Monday, July 20th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of 1-800 FLOWERS.COM in a research note on Wednesday, June 24th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, 1-800 FLOWERS.COM has an average rating of “Hold” and a consensus target price of $3.75.

Hedge Funds Weigh In On 1-800 FLOWERS.COM

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Jump Financial LLC raised its position in 1-800 FLOWERS.COM by 10.6% in the fourth quarter. Jump Financial LLC now owns 34,849 shares of the specialty retailer’s stock valued at $137,000 after purchasing an additional 3,347 shares during the last quarter. Intech Investment Management LLC grew its holdings in shares of 1-800 FLOWERS.COM by 32.4% during the fourth quarter. Intech Investment Management LLC now owns 19,022 shares of the specialty retailer’s stock worth $75,000 after purchasing an additional 4,651 shares during the last quarter. Quarry LP grew its holdings in shares of 1-800 FLOWERS.COM by 538,100.0% during the third quarter. Quarry LP now owns 5,382 shares of the specialty retailer’s stock worth $25,000 after purchasing an additional 5,381 shares during the last quarter. Barclays PLC increased its stake in shares of 1-800 FLOWERS.COM by 17.8% in the fourth quarter. Barclays PLC now owns 36,342 shares of the specialty retailer’s stock valued at $143,000 after buying an additional 5,500 shares during the period. Finally, State of Wyoming increased its stake in shares of 1-800 FLOWERS.COM by 197.8% in the second quarter. State of Wyoming now owns 9,833 shares of the specialty retailer’s stock valued at $48,000 after buying an additional 6,531 shares during the period. Institutional investors and hedge funds own 38.43% of the company’s stock.

About 1-800 FLOWERS.COM

1-800-FLOWERS.COM, Inc, founded in 1976 by Jim McCann and headquartered in Jericho, New York, is a leading floral and gift retailer in North America. Operating primarily through its online platform and call center, the company offers a wide selection of fresh-cut flowers, gourmet foods, gift baskets, plants and home décor items. With a network of affiliated florists and its own floral production farms, 1-800-FLOWERS.COM facilitates same-day delivery services across the United States, reaching more than 90% of U.S.