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

Key Points

• 1-800 FLOWERS.COM received a sell (D-) rating from Weiss Ratings, reflecting ongoing concerns about its performance.
• The company's earnings report showed a significant loss with an EPS of ($0.71), missing estimates by ($0.37), coupled with a 23.1% year-over-year revenue decline.
• Major shareholder Fund 1 Investments, LLC purchased 105,000 shares at an average price of $4.57, increasing their position in the company.

1-800 FLOWERS.COM (NASDAQ:FLWS - Get Free Report)'s stock had its "sell (d-)" rating reiterated by equities research analysts at Weiss Ratings in a research note issued to investors on Tuesday,Weiss Ratings reports.

Several other research analysts have also recently commented on FLWS. Noble Financial cut shares of 1-800 FLOWERS.COM from a "strong-buy" rating to a "hold" rating in a research report on Friday, May 9th. Wall Street Zen lowered 1-800 FLOWERS.COM from a "hold" rating to a "sell" rating in a report on Monday, May 12th.

1-800 FLOWERS.COM Price Performance

Shares of FLWS opened at $6.27 on Tuesday. 1-800 FLOWERS.COM has a 12 month low of $3.86 and a 12 month high of $10.49. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.55 and a quick ratio of 0.73. The stock has a fifty day moving average price of $5.31 and a 200 day moving average price of $6.11. The company has a market cap of $398.52 million, a P/E ratio of -2.37 and a beta of 1.48.

1-800 FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The specialty retailer reported ($0.71) EPS for the quarter, missing the consensus estimate of ($0.34) by ($0.37). 1-800 FLOWERS.COM had a negative return on equity of 7.12% and a negative net margin of 9.88%. The firm had revenue of $331.45 million for the quarter, compared to the consensus estimate of $367.85 million. During the same quarter in the prior year, the company posted ($0.28) EPS. The firm's revenue was down 23.1% on a year-over-year basis. On average, research analysts forecast that 1-800 FLOWERS.COM will post -0.07 earnings per share for the current year.

Insider Buying and Selling

In other 1-800 FLOWERS.COM news, major shareholder Fund 1 Investments, Llc bought 105,000 shares of the firm's stock in a transaction dated Thursday, May 15th. The stock was acquired at an average price of $4.57 per share, with a total value of $479,850.00. Following the completion of the transaction, the insider directly owned 9,223,777 shares in the company, valued at approximately $42,152,660.89. This represents a 1.15% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last three months, insiders have purchased 488,049 shares of company stock valued at $2,347,042. Company insiders own 51.00% of the company's stock.

Institutional Trading of 1-800 FLOWERS.COM

Institutional investors have recently made changes to their positions in the stock. Yousif Capital Management LLC acquired a new position in 1-800 FLOWERS.COM in the 2nd quarter valued at approximately $50,000. Strs Ohio purchased a new position in shares of 1-800 FLOWERS.COM during the 1st quarter valued at $157,000. Empowered Funds LLC increased its stake in shares of 1-800 FLOWERS.COM by 4.3% in the first quarter. Empowered Funds LLC now owns 373,265 shares of the specialty retailer's stock worth $2,202,000 after acquiring an additional 15,277 shares during the last quarter. PharVision Advisers LLC purchased a new stake in shares of 1-800 FLOWERS.COM during the first quarter worth $110,000. Finally, Jacobs Levy Equity Management Inc. acquired a new stake in 1-800 FLOWERS.COM during the first quarter valued at $1,957,000. 38.43% of the stock is currently owned by institutional investors and hedge funds.

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.

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