1-800-FLOWERS.COM (NASDAQ:FLWS) Trading Up 8.4%

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS - Get Free Report)'s share price was up 8.4% on Thursday . The company traded as high as $9.83 and last traded at $9.82. Approximately 66,077 shares changed hands during mid-day trading, a decline of 82% from the average daily volume of 373,800 shares. The stock had previously closed at $9.06.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of 1-800-FLOWERS.COM from a "hold" rating to a "buy" rating in a research note on Thursday, February 29th.

1-800-FLOWERS.COM Price Performance

The stock's 50 day moving average price is $9.85 and its two-hundred day moving average price is $9.57. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.59 and a quick ratio of 1.12. The firm has a market capitalization of $588.24 million, a price-to-earnings ratio of -9.65, a PEG ratio of 2.16 and a beta of 1.67.

1-800-FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last issued its quarterly earnings data on Thursday, February 1st. The specialty retailer reported $1.27 earnings per share for the quarter, topping analysts' consensus estimates of $1.22 by $0.05. 1-800-FLOWERS.COM had a negative net margin of 3.24% and a positive return on equity of 3.32%. The business had revenue of $822.10 million during the quarter, compared to analysts' expectations of $825.20 million. During the same period in the previous year, the company earned $1.28 earnings per share. 1-800-FLOWERS.COM's revenue for the quarter was down 8.4% on a year-over-year basis. On average, equities research analysts anticipate that 1-800-FLOWERS.COM, Inc. will post 0.28 EPS for the current year.

Insider Transactions at 1-800-FLOWERS.COM

In related news, insider Arnold P. Leap sold 3,000 shares of the business's stock in a transaction on Friday, February 9th. The shares were sold at an average price of $9.32, for a total transaction of $27,960.00. Following the transaction, the insider now owns 72,739 shares of the company's stock, valued at $677,927.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 49.77% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On 1-800-FLOWERS.COM

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Principal Financial Group Inc. bought a new stake in 1-800-FLOWERS.COM in the 3rd quarter valued at $73,000. Allspring Global Investments Holdings LLC increased its holdings in 1-800-FLOWERS.COM by 96.5% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 10,532 shares of the specialty retailer's stock valued at $114,000 after buying an additional 5,173 shares during the period. Stratos Wealth Advisors LLC bought a new stake in 1-800-FLOWERS.COM in the 4th quarter valued at $208,000. Prosperity Wealth Management Inc. bought a new stake in 1-800-FLOWERS.COM in the 4th quarter valued at $248,000. Finally, Raymond James & Associates increased its holdings in 1-800-FLOWERS.COM by 21.1% in the 4th quarter. Raymond James & Associates now owns 25,800 shares of the specialty retailer's stock valued at $278,000 after buying an additional 4,500 shares during the period. Institutional investors own 38.43% of the company's stock.

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.