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

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 reissued by equities research analysts at Weiss Ratings in a research report issued on Saturday, September 13th,Weiss Ratings reports.

1-800 FLOWERS.COM Price Performance

Shares of NASDAQ:FLWS traded down $0.11 on Friday, reaching $5.54. 707,557 shares of the company were exchanged, compared to its average volume of 443,957. The company has a current ratio of 1.28, a quick ratio of 0.48 and a debt-to-equity ratio of 0.50. 1-800 FLOWERS.COM has a 1-year low of $3.86 and a 1-year high of $9.24. The firm has a market cap of $352.45 million, a price-to-earnings ratio of -1.76 and a beta of 1.37. The company has a 50-day moving average of $5.60 and a 200-day moving average of $5.46.

1-800 FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last posted its quarterly earnings results on Thursday, September 4th. The specialty retailer reported ($0.69) earnings per share 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 company had revenue of $336.62 million for the quarter, compared to analyst estimates of $330.58 million. During the same period last year, the company earned ($0.34) earnings per share. The business's revenue for the quarter was down 6.7% compared to the same quarter last year. Equities analysts forecast that 1-800 FLOWERS.COM will post -0.07 earnings per share for the current fiscal year.

Insider Activity at 1-800 FLOWERS.COM

In other 1-800 FLOWERS.COM news, major shareholder Fund 1 Investments, Llc acquired 19,920 shares of the firm's stock in a transaction that occurred on Tuesday, June 24th. The shares were acquired at an average cost of $5.06 per share, for a total transaction of $100,795.20. Following the transaction, the insider directly owned 9,527,250 shares of the company's stock, valued at approximately $48,207,885. This represents a 0.21% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 51.00% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On 1-800 FLOWERS.COM

Institutional investors and hedge funds have recently made changes to their positions in the business. AlphaQuest LLC purchased a new stake in shares of 1-800 FLOWERS.COM in the 1st quarter worth about $25,000. Quarry LP purchased a new position in 1-800 FLOWERS.COM in the 1st quarter valued at about $39,000. State of Wyoming lifted its holdings in 1-800 FLOWERS.COM by 197.8% in the 2nd quarter. State of Wyoming now owns 9,833 shares of the specialty retailer's stock valued at $48,000 after purchasing an additional 6,531 shares in the last quarter. Yousif Capital Management LLC purchased a new position in 1-800 FLOWERS.COM in the 2nd quarter valued at about $50,000. Finally, Los Angeles Capital Management LLC purchased a new position in 1-800 FLOWERS.COM in the 2nd quarter valued at about $57,000. 38.43% of the stock is currently owned by hedge funds and other institutional investors.

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.