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

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

Several other research analysts have also weighed in on FLWS. Noble Financial lowered 1-800 FLOWERS.COM from a "strong-buy" rating to a "hold" rating in a research report on Friday, May 9th. DA Davidson reaffirmed a "neutral" rating and issued a $7.50 target price on shares of 1-800 FLOWERS.COM in a research report on Friday, March 14th. Finally, Wall Street Zen lowered 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 Down 0.2%

Shares of FLWS stock traded down $0.01 during mid-day trading on Friday, hitting $5.39. The company's stock had a trading volume of 239,714 shares, compared to its average volume of 517,475. The company's fifty day simple moving average is $5.09 and its 200-day simple moving average is $6.21. 1-800 FLOWERS.COM has a 52 week low of $3.86 and a 52 week high of $10.49. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.73 and a current ratio of 1.55. The company has a market cap of $342.61 million, a PE ratio of -2.03 and a beta of 1.48.

1-800 FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The specialty retailer reported ($0.71) earnings per share for the quarter, missing the consensus estimate of ($0.34) by ($0.37). 1-800 FLOWERS.COM had a negative return on equity of 7.12% and a negative net margin of 9.88%. The business had revenue of $331.45 million during the quarter, compared to the consensus estimate of $367.85 million. During the same period last year, the business posted ($0.28) earnings per share. The business's revenue was down 23.1% on a year-over-year basis. As a group, equities research analysts expect that 1-800 FLOWERS.COM will post -0.07 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, major shareholder Fund 1 Investments, Llc acquired 19,920 shares of the firm's stock in a transaction on Tuesday, June 24th. The stock was purchased at an average cost of $5.06 per share, with a total value of $100,795.20. Following the acquisition, 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 purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Jonathan J. Feldman sold 6,864 shares of the business's stock in a transaction that occurred on Wednesday, May 28th. The stock was sold at an average price of $4.80, for a total value of $32,947.20. Following the sale, the insider directly owned 56,805 shares of the company's stock, valued at $272,664. This represents a 10.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have acquired a total of 658,049 shares of company stock valued at $3,271,192 over the last three months. Corporate insiders own 51.00% of the company's stock.

Institutional Trading of 1-800 FLOWERS.COM

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. AlphaQuest LLC bought a new stake in 1-800 FLOWERS.COM during the 1st quarter worth approximately $25,000. Jones Financial Companies Lllp boosted its stake in shares of 1-800 FLOWERS.COM by 120.1% in the 4th 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 last quarter. KLP Kapitalforvaltning AS purchased a new position in shares of 1-800 FLOWERS.COM in the 4th quarter worth approximately $37,000. Quarry LP purchased a new position in shares of 1-800 FLOWERS.COM in the 1st quarter worth approximately $39,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of 1-800 FLOWERS.COM by 123.7% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,671 shares of the specialty retailer's stock worth $81,000 after buying an additional 7,561 shares during the last quarter. 38.43% of the stock is owned by institutional investors.

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.