1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) - Analysts at Northcoast Research increased their Q1 2022 EPS estimates for shares of 1-800-FLOWERS.COM in a report issued on Monday, May 3rd. Northcoast Research analyst T. Vierengel now anticipates that the specialty retailer will post earnings of ($0.07) per share for the quarter, up from their previous estimate of ($0.10). Northcoast Research also issued estimates for 1-800-FLOWERS.COM's Q3 2022 earnings at $0.00 EPS and FY2022 earnings at $2.08 EPS.
A number of other research firms have also recently weighed in on FLWS. DA Davidson raised shares of 1-800-FLOWERS.COM from a "neutral" rating to a "buy" rating in a report on Friday, April 30th. Zacks Investment Research raised shares of 1-800-FLOWERS.COM from a "hold" rating to a "buy" rating and set a $35.00 price objective on the stock in a report on Tuesday.
FLWS stock opened at $33.42 on Wednesday. The company has a quick ratio of 0.35, a current ratio of 1.18 and a debt-to-equity ratio of 0.45. 1-800-FLOWERS.COM has a fifty-two week low of $18.51 and a fifty-two week high of $39.61. The firm's 50-day simple moving average is $27.19 and its 200 day simple moving average is $26.87. The stock has a market cap of $2.17 billion, a PE ratio of 34.45 and a beta of 1.67. 1-800-FLOWERS.COM (NASDAQ:FLWS) last released its quarterly earnings data on Wednesday, April 28th. The specialty retailer reported $0.02 earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.09) by $0.11. 1-800-FLOWERS.COM had a net margin of 4.07% and a return on equity of 18.66%. The business had revenue of $474.23 million for the quarter, compared to analysts' expectations of $411.90 million. During the same quarter last year, the company earned ($0.14) EPS. The company's revenue for the quarter was up 70.1% compared to the same quarter last year.
In other 1-800-FLOWERS.COM news, CEO Christopher G. Mccann sold 17,850 shares of the firm's stock in a transaction dated Thursday, February 11th. The shares were sold at an average price of $32.08, for a total transaction of $572,628.00. Following the transaction, the chief executive officer now owns 436,181 shares of the company's stock, valued at approximately $13,992,686.48. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In the last three months, insiders have sold 107,967 shares of company stock worth $2,996,214. 51.28% of the stock is owned by corporate insiders.
Institutional investors and hedge funds have recently made changes to their positions in the company. Penserra Capital Management LLC lifted its holdings in shares of 1-800-FLOWERS.COM by 67.4% in the fourth quarter. Penserra Capital Management LLC now owns 1,407,125 shares of the specialty retailer's stock valued at $36,584,000 after purchasing an additional 566,670 shares in the last quarter. Congress Asset Management Co. MA raised its holdings in shares of 1-800-FLOWERS.COM by 18.7% during the fourth quarter. Congress Asset Management Co. MA now owns 223,286 shares of the specialty retailer's stock worth $5,805,000 after acquiring an additional 35,200 shares in the last quarter. BlackRock Inc. raised its holdings in shares of 1-800-FLOWERS.COM by 38.0% during the fourth quarter. BlackRock Inc. now owns 2,919,363 shares of the specialty retailer's stock worth $75,904,000 after acquiring an additional 804,337 shares in the last quarter. Boston Partners purchased a new stake in shares of 1-800-FLOWERS.COM during the fourth quarter worth $1,454,000. Finally, Public Employees Retirement System of Ohio raised its holdings in shares of 1-800-FLOWERS.COM by 11.1% during the fourth quarter. Public Employees Retirement System of Ohio now owns 90,121 shares of the specialty retailer's stock worth $2,343,000 after acquiring an additional 9,000 shares in the last quarter. 50.01% of the stock is currently owned by institutional investors.
1-800-FLOWERS.COM, Inc, together with its subsidiaries, provides gifts for various occasions in the United States. It operates in three segments: Consumer Floral; Gourmet Foods & Gift Baskets; and BloomNet. The company offers a range of products, including fresh-cut flowers, floral and fruit arrangements and plants, gifts, dipped berries, popcorn, gourmet foods and gift baskets, cookies, chocolates, candies, wine, and gift-quality fruits, as well as balloons, candles, keepsake gifts, jewelry, and plush stuffed animals.
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