1-800-FLOWERS.COM (NASDAQ:FLWS) Earns Sell (E+) Rating from Weiss Ratings

Weiss Ratings reissued their sell (e+) rating on shares of 1-800-FLOWERS.COM (NASDAQ:FLWS) in a research report sent to investors on Saturday,Weiss Ratings reports.

A number of other research analysts also recently issued reports on the stock. StockNews.com downgraded shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research report on Saturday, November 9th. DA Davidson raised their target price on 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the stock a “neutral” rating in a report on Thursday, October 31st.

1-800-FLOWERS.COM Stock Performance

Shares of FLWS opened at $8.14 on Friday. The stock has a 50-day moving average of $7.84 and a two-hundred day moving average of $8.35. 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 stock has a market cap of $522.75 million, a P/E ratio of -58.14, a P/E/G ratio of 2.81 and a beta of 1.58. 1-800-FLOWERS.COM has a one year low of $7.01 and a one year high of $11.42.

1-800-FLOWERS.COM (NASDAQ:FLWS) last issued its earnings results on Thursday, October 31st. The specialty retailer reported ($0.51) EPS for the quarter, beating analysts’ consensus estimates of ($0.53) by $0.02. 1-800-FLOWERS.COM had a positive return on equity of 2.10% and a negative net margin of 0.50%. The firm had revenue of $193.20 million for the quarter, compared to analyst estimates of $246.88 million. During the same quarter in the prior year, the firm earned ($0.48) earnings per share. 1-800-FLOWERS.COM’s revenue for the quarter was down 28.2% on a year-over-year basis. As a group, research analysts predict that 1-800-FLOWERS.COM will post 0.17 EPS for the current year.

Insider Activity

In related news, major shareholder Fund 1 Investments, Llc sold 40,000 shares of the stock in a transaction on Monday, November 4th. The stock was 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 directly owns 3,674,364 shares of the company’s stock, valued at approximately $28,660,039.20. This represents a 1.08 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have purchased a total of 208,000 shares of company stock worth $1,547,210 over the last 90 days. 51.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On 1-800-FLOWERS.COM

Large investors have recently modified their holdings of the business. American Century Companies Inc. raised its holdings in shares of 1-800-FLOWERS.COM by 37.7% during the 2nd quarter. American Century Companies Inc. now owns 557,420 shares of the specialty retailer’s stock worth $5,307,000 after acquiring an additional 152,536 shares during the period. Dimensional Fund Advisors LP increased its position in 1-800-FLOWERS.COM by 5.2% during the second quarter. Dimensional Fund Advisors LP now owns 2,635,093 shares of the specialty retailer’s stock worth $25,086,000 after purchasing an additional 129,627 shares during the last quarter. GSA Capital Partners LLP purchased a new position in 1-800-FLOWERS.COM during the third quarter worth about $947,000. Empowered Funds LLC boosted its holdings in 1-800-FLOWERS.COM by 50.3% in the 3rd quarter. Empowered Funds LLC now owns 340,637 shares of the specialty retailer’s stock valued at $2,701,000 after purchasing an additional 114,072 shares during the last quarter. Finally, Sei Investments Co. grew its stake in shares of 1-800-FLOWERS.COM by 15.7% in the 2nd quarter. Sei Investments Co. now owns 686,961 shares of the specialty retailer’s stock valued at $6,540,000 after buying an additional 93,041 shares during the period. Hedge funds and other institutional investors own 38.43% of the company’s stock.

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.