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

1-800 FLOWERS.COM (NASDAQ:FLWS - Get Free Report)'s stock had its "sell (d-)" rating reaffirmed by stock analysts at Weiss Ratings in a research note issued on Saturday,Weiss Ratings reports.

Other analysts have also issued reports about the company. Wall Street Zen lowered 1-800 FLOWERS.COM from a "hold" rating to a "sell" rating in a research note on Monday, May 12th. DA Davidson reissued a "neutral" rating and issued a $7.50 price target on shares of 1-800 FLOWERS.COM in a research note on Friday, March 14th. Finally, Noble Financial lowered 1-800 FLOWERS.COM from a "strong-buy" rating to a "hold" rating in a research note on Friday, May 9th.

1-800 FLOWERS.COM Stock Down 1.9%

FLWS opened at $5.62 on Friday. 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 market cap of $357.21 million, a P/E ratio of -2.12 and a beta of 1.48. 1-800 FLOWERS.COM has a 52 week low of $3.86 and a 52 week high of $11.10. The business's fifty day simple moving average is $5.11 and its 200 day simple moving average is $6.26.

1-800 FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last issued its quarterly earnings results 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 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 analyst estimates of $367.85 million. During the same period in the previous year, the business posted ($0.28) earnings per share. The firm's quarterly revenue was down 23.1% on a year-over-year basis. As a group, equities research analysts anticipate 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 other news, major shareholder Fund 1 Investments, Llc acquired 105,000 shares of 1-800 FLOWERS.COM stock in a transaction dated Thursday, May 15th. The shares were acquired at an average cost of $4.57 per share, with a total value of $479,850.00. Following the purchase, the insider directly owned 9,223,777 shares of the company's stock, valued at approximately $42,152,660.89. This trade represents a 1.15% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Over the last quarter, insiders bought 678,049 shares of company stock valued at $3,375,592. Insiders own 51.00% of the company's stock.

Hedge Funds Weigh In On 1-800 FLOWERS.COM

Hedge funds and other institutional investors have recently modified their holdings of the company. Jones Financial Companies Lllp lifted 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 valued at $30,000 after purchasing an additional 1,999 shares in the last quarter. AlphaQuest LLC purchased a new stake in shares of 1-800 FLOWERS.COM during the 1st quarter valued at about $25,000. KLP Kapitalforvaltning AS purchased a new stake in shares of 1-800 FLOWERS.COM during the 4th quarter valued at about $37,000. Quarry LP purchased a new stake in shares of 1-800 FLOWERS.COM during the 1st quarter valued at about $39,000. Finally, Quantbot Technologies LP purchased a new stake in shares of 1-800 FLOWERS.COM during the 4th quarter valued at about $84,000. 38.43% of the stock is owned by institutional investors and hedge funds.

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.

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