1-800 FLOWERS.COM's (FLWS) Sell (D-) Rating Reiterated at Weiss Ratings

Weiss Ratings reaffirmed their sell (d-) rating on shares of 1-800 FLOWERS.COM (NASDAQ:FLWS - Free Report) in a research note published on Friday,Weiss Ratings reports.

Other analysts also recently issued research reports about the stock. 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. Noble Financial lowered 1-800 FLOWERS.COM from a "strong-buy" rating to a "hold" rating in a research report on Friday, May 9th. Finally, Wall Street Zen downgraded 1-800 FLOWERS.COM from a "hold" rating to a "sell" rating in a research report on Monday, May 12th.

1-800 FLOWERS.COM Trading Up 8.9%

Shares of FLWS traded up $0.44 during midday trading on Friday, reaching $5.36. The company had a trading volume of 862,683 shares, compared to its average volume of 513,487. 1-800 FLOWERS.COM has a 1-year low of $3.86 and a 1-year high of $11.10. The company has a quick ratio of 0.73, a current ratio of 1.55 and a debt-to-equity ratio of 0.45. The firm has a 50 day simple moving average of $5.09 and a 200-day simple moving average of $6.37. The stock has a market cap of $340.68 million, a PE ratio of -2.02 and a beta of 1.48.

1-800 FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last announced 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). 1-800 FLOWERS.COM had a negative net margin of 9.88% and a negative return on equity of 7.12%. The firm had revenue of $331.45 million during the quarter, compared to analysts' expectations of $367.85 million. During the same period in the prior year, the company posted ($0.28) EPS. The company's revenue for the quarter was down 23.1% compared to the same quarter last year. Research analysts forecast that 1-800 FLOWERS.COM will post -0.07 EPS for the current fiscal year.

Insider Buying and Selling at 1-800 FLOWERS.COM

In related news, major shareholder Fund 1 Investments, Llc acquired 19,920 shares of the stock in a transaction that occurred on Tuesday, June 24th. The stock was purchased at an average price of $5.06 per share, with a total value of $100,795.20. Following the transaction, the insider owned 9,527,250 shares of the company's stock, valued at approximately $48,207,885. This trade represents a 0.21% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Insiders have bought 798,147 shares of company stock worth $4,023,485 in the last ninety days. 51.00% of the stock is owned by company insiders.

Institutional Trading of 1-800 FLOWERS.COM

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FLWS. Jones Financial Companies Lllp boosted its position in shares of 1-800 FLOWERS.COM by 120.1% during the fourth quarter. Jones Financial Companies Lllp now owns 3,664 shares of the specialty retailer's stock worth $30,000 after buying an additional 1,999 shares during the period. AlphaQuest LLC acquired a new position in 1-800 FLOWERS.COM during the 1st quarter worth about $25,000. KLP Kapitalforvaltning AS purchased a new position in 1-800 FLOWERS.COM during the 4th quarter valued at about $37,000. Quarry LP acquired a new position in 1-800 FLOWERS.COM in the 1st quarter valued at about $39,000. Finally, Quantbot Technologies LP purchased a new stake in 1-800 FLOWERS.COM during the fourth quarter worth about $84,000. 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.