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

Weiss Ratings reissued their sell (d-) rating on shares of 1-800-FLOWERS.COM (NASDAQ:FLWS - Free Report) in a report released on Saturday, May 24th,Weiss Ratings reports.

Other research analysts have also recently issued reports about the stock. Wall Street Zen cut shares of 1-800-FLOWERS.COM from a "hold" rating to a "sell" rating in a report on Monday, May 12th. Noble Financial cut shares of 1-800-FLOWERS.COM from a "strong-buy" rating to a "hold" rating in a report on Friday, May 9th. Finally, DA Davidson restated a "neutral" rating and set a $7.50 price target on shares of 1-800-FLOWERS.COM in a report on Friday, March 14th.

1-800-FLOWERS.COM Stock Down 1.0%

Shares of NASDAQ FLWS traded down $0.05 during mid-day trading on Friday, reaching $4.89. 1,322,816 shares of the company's stock traded hands, compared to its average volume of 486,229. The stock has a market cap of $310.83 million, a P/E ratio of -44.45 and a beta of 1.58. The business has a 50-day simple moving average of $5.29 and a 200 day simple moving average of $6.81. 1-800-FLOWERS.COM has a 1-year low of $3.86 and a 1-year high of $11.10. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.51 and a quick ratio of 1.03.

1-800-FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The specialty retailer reported ($0.71) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.34) by ($0.37). The business had revenue of $331.45 million for the quarter, compared to analyst estimates of $367.85 million. 1-800-FLOWERS.COM had a negative net margin of 0.43% and a negative return on equity of 0.76%. The firm's quarterly revenue was down 23.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.28) earnings per share. On average, analysts expect that 1-800-FLOWERS.COM will post -0.07 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, major shareholder Fund 1 Investments, Llc acquired 5,000 shares of the stock in a transaction on Wednesday, March 26th. The shares were acquired at an average price of $6.01 per share, with a total value of $30,050.00. Following the completion of the transaction, the insider now owns 8,160,969 shares in the company, valued at approximately $49,047,423.69. The trade was a 0.06% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Jonathan J. Feldman sold 6,864 shares of 1-800-FLOWERS.COM stock in a transaction dated Wednesday, May 28th. The stock was sold at an average price of $4.80, for a total transaction of $32,947.20. Following the completion of the sale, the insider now directly owns 56,805 shares in the company, valued at approximately $272,664. This represents a 10.78% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have purchased 837,598 shares of company stock valued at $4,514,907. Company insiders own 51.00% of the company's stock.

Institutional Trading of 1-800-FLOWERS.COM

Several hedge funds have recently added to or reduced their stakes in FLWS. AlphaQuest LLC bought a new stake in shares of 1-800-FLOWERS.COM in the first quarter valued at approximately $25,000. Jones Financial Companies Lllp raised its position in shares of 1-800-FLOWERS.COM by 120.1% in the fourth quarter. Jones Financial Companies Lllp now owns 3,664 shares of the specialty retailer's stock valued at $30,000 after purchasing an additional 1,999 shares during the period. KLP Kapitalforvaltning AS bought a new stake in shares of 1-800-FLOWERS.COM in the fourth quarter valued at approximately $37,000. Quarry LP bought a new stake in shares of 1-800-FLOWERS.COM in the first quarter valued at approximately $39,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of 1-800-FLOWERS.COM by 123.7% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,671 shares of the specialty retailer's stock valued at $81,000 after purchasing an additional 7,561 shares during the period. 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.