1-800 FLOWERS.COM (NASDAQ:FLWS) Upgraded to “Hold” at Wall Street Zen

Wall Street Zen upgraded shares of 1-800 FLOWERS.COM (NASDAQ:FLWS) from a sell rating to a hold rating in a report released on Saturday morning.

Separately, Zacks Research upgraded 1-800 FLOWERS.COM from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 30th. Three investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average price target of $7.50.

1-800 FLOWERS.COM Stock Down 2.8%

Shares of NASDAQ:FLWS opened at $3.48 on Friday. The company has a market cap of $222.96 million, a price-to-earnings ratio of -1.04 and a beta of 1.18. 1-800 FLOWERS.COM has a 12 month low of $2.93 and a 12 month high of $8.44. The company has a current ratio of 1.25, a quick ratio of 0.81 and a debt-to-equity ratio of 0.43. The company has a 50-day moving average price of $4.03 and a 200 day moving average price of $4.29.

1-800 FLOWERS.COM (NASDAQ:FLWS) last issued its quarterly earnings data on Thursday, January 29th. The specialty retailer reported $1.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.34. The business had revenue of $702.18 million for the quarter, compared to the consensus estimate of $700.58 million. 1-800 FLOWERS.COM had a negative return on equity of 23.80% and a negative net margin of 13.41%. As a group, equities research analysts predict that 1-800 FLOWERS.COM will post -0.07 earnings per share for the current year.

Institutional Investors Weigh In On 1-800 FLOWERS.COM

Several hedge funds and other institutional investors have recently modified their holdings of FLWS. Fund 1 Investments LLC boosted its holdings in 1-800 FLOWERS.COM by 16.5% during the 2nd quarter. Fund 1 Investments LLC now owns 9,527,250 shares of the specialty retailer’s stock valued at $46,874,000 after acquiring an additional 1,346,781 shares during the period. Nantahala Capital Management LLC increased its stake in 1-800 FLOWERS.COM by 68.4% in the third quarter. Nantahala Capital Management LLC now owns 3,368,065 shares of the specialty retailer’s stock worth $15,493,000 after purchasing an additional 1,368,065 shares during the period. Newtyn Management LLC lifted its position in shares of 1-800 FLOWERS.COM by 56.3% during the third quarter. Newtyn Management LLC now owns 2,516,466 shares of the specialty retailer’s stock worth $11,576,000 after purchasing an additional 906,911 shares during the last quarter. Nomura Holdings Inc. lifted its position in shares of 1-800 FLOWERS.COM by 6.4% during the second quarter. Nomura Holdings Inc. now owns 2,175,750 shares of the specialty retailer’s stock worth $10,705,000 after purchasing an additional 129,998 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in shares of 1-800 FLOWERS.COM by 337.4% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,209,640 shares of the specialty retailer’s stock valued at $4,754,000 after purchasing an additional 933,063 shares during the period. 38.43% of the stock is currently owned by hedge funds and other institutional investors.

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.