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1-800 FLOWERS.COM (NASDAQ:FLWS) Stock Crosses Above Two Hundred Day Moving Average - Should You Sell?

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1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $3.85 and traded as high as $4.12. 1-800 FLOWERS.COM shares last traded at $3.93, with a volume of 140,567 shares.

Analyst Ratings Changes

A number of brokerages recently issued reports on FLWS. Wall Street Zen upgraded shares of 1-800 FLOWERS.COM from a "strong sell" rating to a "sell" rating in a research report on Saturday, June 6th. Weiss Ratings reiterated a "sell (d-)" rating on shares of 1-800 FLOWERS.COM in a report on Wednesday, June 24th. Zacks Research raised 1-800 FLOWERS.COM from a "strong sell" rating to a "hold" rating in a research note on Monday, July 20th. Finally, Noble Financial restated an "outperform" rating on shares of 1-800 FLOWERS.COM in a report on Friday, May 8th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $3.75.

Get Our Latest Report on FLWS

1-800 FLOWERS.COM Stock Performance

The company has a market cap of $251.91 million, a price-to-earnings ratio of -1.86 and a beta of 1.36. 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 stock's 50 day moving average price is $4.04 and its 200 day moving average price is $3.85.

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

Hedge Funds Weigh In On 1-800 FLOWERS.COM

A number of hedge funds have recently made changes to their positions in FLWS. Quarry LP increased its holdings in shares of 1-800 FLOWERS.COM by 538,100.0% during the 3rd quarter. Quarry LP now owns 5,382 shares of the specialty retailer's stock worth $25,000 after buying an additional 5,381 shares during the last quarter. FNY Investment Advisers LLC boosted its holdings in 1-800 FLOWERS.COM by 2,832.6% in the fourth quarter. FNY Investment Advisers LLC now owns 10,000 shares of the specialty retailer's stock valued at $39,000 after acquiring an additional 9,659 shares during the last quarter. Jain Global LLC purchased a new stake in 1-800 FLOWERS.COM during the fourth quarter valued at about $46,000. nVerses Capital LLC purchased a new stake in 1-800 FLOWERS.COM during the fourth quarter valued at about $48,000. Finally, Deutsche Bank AG purchased a new stake in shares of 1-800 FLOWERS.COM during the 4th quarter worth about $48,000. Institutional investors and hedge funds own 38.43% of the company's stock.

About 1-800 FLOWERS.COM

(Get Free Report)

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.

Further Reading

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