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

Key Points

• Weiss Ratings has reiterated a "sell (D-)" rating for 1-800 FLOWERS.COM (NASDAQ:FLWS), indicating ongoing concerns about the company's financial performance.
• The company reported a loss of ($0.69) EPS for the most recent quarter, falling short of analysts' expectations of ($0.51) EPS, and experienced a 6.7% year-over-year revenue decline.
• 1-800 FLOWERS.COM's stock price is currently trading at $4.54, down significantly from its one-year high of $9.24.

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

1-800 FLOWERS.COM Price Performance

FLWS traded up $0.14 on Wednesday, reaching $4.54. The company had a trading volume of 116,347 shares, compared to its average volume of 666,405. The company has a fifty day moving average of $5.30 and a 200-day moving average of $5.34. The company has a market capitalization of $288.52 million, a P/E ratio of -1.44 and a beta of 1.30. 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 one year low of $3.86 and a one year high of $9.24.

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 net margin of 11.86% and a negative return on equity of 13.87%. The company had revenue of $336.62 million during the quarter, compared to the consensus estimate of $330.58 million. During the same quarter in the prior year, the company earned ($0.34) EPS. The business's quarterly revenue was down 6.7% on a year-over-year basis. As a group, equities research analysts anticipate that 1-800 FLOWERS.COM will post -0.07 earnings per share for the current year.

Hedge Funds Weigh In On 1-800 FLOWERS.COM

A number of institutional investors have recently modified their holdings of FLWS. AlphaQuest LLC bought a new position in shares of 1-800 FLOWERS.COM in the first quarter valued at approximately $25,000. Quarry LP bought a new position in shares of 1-800 FLOWERS.COM in the first quarter valued at approximately $39,000. State of Wyoming raised its position in shares of 1-800 FLOWERS.COM by 197.8% in the second 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 during the period. Yousif Capital Management LLC bought a new position in shares of 1-800 FLOWERS.COM in the second quarter valued at approximately $50,000. Finally, Los Angeles Capital Management LLC acquired a new stake in shares of 1-800 FLOWERS.COM in the second quarter worth $57,000. 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.

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