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

Key Points

• Weiss Ratings has reaffirmed a sell (D-) rating for 1-800 FLOWERS.COM (NASDAQ:FLWS) in a recent research note.
• The company reported a loss of ($0.69) EPS for the latest quarter, which was below analyst expectations of ($0.51).
• Major shareholder Fund 1 Investments purchased 27,657 shares at an average price of $5.02, increasing their ownership of the company.

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

1-800 FLOWERS.COM Stock Performance

1-800 FLOWERS.COM stock opened at $5.43 on Friday. The firm has a market capitalization of $345.46 million, a P/E ratio of -1.72 and a beta of 1.37. The stock has a fifty day moving average price of $5.61 and a two-hundred day moving average price of $5.47. 1-800 FLOWERS.COM has a 52-week low of $3.86 and a 52-week high of $9.24. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.28 and a quick ratio of 0.48.

1-800 FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last announced its earnings results on Thursday, September 4th. The specialty retailer reported ($0.69) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.51) by ($0.18). 1-800 FLOWERS.COM had a negative return on equity of 13.87% and a negative net margin of 11.86%.The firm had revenue of $336.62 million for the quarter, compared to analyst estimates of $330.58 million. During the same quarter last year, the business earned ($0.34) EPS. The company's revenue for the quarter was down 6.7% compared to the same quarter last year. As a group, analysts anticipate that 1-800 FLOWERS.COM will post -0.07 EPS for the current fiscal year.

Insider Activity

In other 1-800 FLOWERS.COM news, major shareholder Fund 1 Investments, Llc purchased 27,657 shares of the stock in a transaction dated Monday, June 23rd. The stock was bought at an average price of $5.02 per share, for a total transaction of $138,838.14. Following the transaction, the insider directly owned 9,507,330 shares in the company, valued at $47,726,796.60. This represents a 0.29% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. 51.00% of the stock is owned by company insiders.

Institutional Trading of 1-800 FLOWERS.COM

A number of large investors have recently bought and sold shares of the business. State of Wyoming raised its holdings in 1-800 FLOWERS.COM by 197.8% during the 2nd quarter. State of Wyoming now owns 9,833 shares of the specialty retailer's stock worth $48,000 after buying an additional 6,531 shares during the period. Nomura Holdings Inc. increased its position in shares of 1-800 FLOWERS.COM by 6.4% during the second quarter. Nomura Holdings Inc. now owns 2,175,750 shares of the specialty retailer's stock worth $10,705,000 after acquiring an additional 129,998 shares in the last quarter. Shay Capital LLC raised its holdings in shares of 1-800 FLOWERS.COM by 21.1% during the second quarter. Shay Capital LLC now owns 642,391 shares of the specialty retailer's stock worth $3,161,000 after acquiring an additional 112,032 shares during the period. Fund 1 Investments LLC raised its holdings in shares of 1-800 FLOWERS.COM by 16.5% during the second quarter. Fund 1 Investments LLC now owns 9,527,250 shares of the specialty retailer's stock worth $46,874,000 after acquiring an additional 1,346,781 shares during the period. Finally, Engineers Gate Manager LP bought a new stake in shares of 1-800 FLOWERS.COM in the second quarter valued at about $744,000. 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.

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