1-800 FLOWERS.COM (NASDAQ:FLWS) Stock Rating Upgraded by Zacks Research

1-800 FLOWERS.COM (NASDAQ:FLWS) was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report released on Monday,Zacks.com reports.

Several other equities analysts have also issued reports on the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of 1-800 FLOWERS.COM in a research report on Wednesday, June 24th. Wall Street Zen upgraded shares of 1-800 FLOWERS.COM from a “strong sell” rating to a “sell” rating in a report on Saturday, June 6th. Finally, Noble Financial reaffirmed an “outperform” rating on shares of 1-800 FLOWERS.COM in a research note on Friday, May 8th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $3.75.

1-800 FLOWERS.COM Stock Performance

Shares of 1-800 FLOWERS.COM stock opened at $4.20 on Monday. The stock’s fifty day simple moving average is $4.07 and its 200 day simple moving average is $3.86. The company has a current ratio of 1.14, a quick ratio of 0.49 and a debt-to-equity ratio of 0.61. The company has a market capitalization of $269.22 million, a PE ratio of -1.99 and a beta of 1.36. 1-800 FLOWERS.COM has a 12 month low of $2.88 and a 12 month high of $8.44.

1-800 FLOWERS.COM (NASDAQ:FLWS) last posted its earnings results on Thursday, May 7th. The specialty retailer reported ($0.77) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.75) by ($0.02). 1-800 FLOWERS.COM had a negative net margin of 8.69% and a negative return on equity of 28.81%. The business had revenue of $293.01 million during the quarter, compared to analyst estimates of $292.42 million. On average, research analysts predict that 1-800 FLOWERS.COM will post -1.18 EPS for the current year.

Hedge Funds Weigh In On 1-800 FLOWERS.COM

A number of large investors have recently bought and sold shares of FLWS. Rhumbline Advisers boosted its stake in shares of 1-800 FLOWERS.COM by 34.0% during the 2nd quarter. Rhumbline Advisers now owns 53,581 shares of the specialty retailer’s stock worth $264,000 after buying an additional 13,599 shares during the last quarter. Strs Ohio acquired a new stake in shares of 1-800 FLOWERS.COM in the first quarter valued at about $157,000. Russell Investments Group Ltd. increased its position in shares of 1-800 FLOWERS.COM by 62.0% in the second quarter. Russell Investments Group Ltd. now owns 23,232 shares of the specialty retailer’s stock valued at $114,000 after acquiring an additional 8,889 shares during the last quarter. Intech Investment Management LLC raised its holdings in 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 acquiring an additional 4,651 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd raised its holdings in 1-800 FLOWERS.COM by 122,338.5% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 15,917 shares of the specialty retailer’s stock worth $63,000 after acquiring an additional 15,904 shares in the last quarter. 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.