1-800-Flowers.com Inc. (FLWS) Sees Unusually-High Trading Volume
1-800-Flowers.com Inc. (NASDAQ:FLWS) shares saw an uptick in trading volume on Tuesday . 165,546 shares changed hands during trading, an increase of 8% from the previous session’s volume of 153,838 shares.The stock last traded at $9.63 and had previously closed at $9.38.
A number of research firms have weighed in on FLWS. B. Riley reissued a “buy” rating and set a $11.00 price objective on shares of 1-800-Flowers.com in a report on Wednesday, April 27th. Zacks Investment Research upgraded shares of 1-800-Flowers.com from a “hold” rating to a “strong-buy” rating and set a $9.25 target price on the stock in a research report on Tuesday, April 26th. Wunderlich lowered their target price on shares of 1-800-Flowers.com from $12.00 to $9.00 and set a “buy” rating on the stock in a research report on Tuesday. Craig Hallum started coverage on shares of 1-800-Flowers.com in a research report on Monday, May 9th. They set a “buy” rating and a $15.00 target price on the stock. Finally, Ladenburg Thalmann started coverage on shares of 1-800-Flowers.com in a research report on Wednesday, August 17th. They set an “outperform” rating on the stock. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. 1-800-Flowers.com has an average rating of “Buy” and a consensus price target of $11.21.
The firm’s 50-day moving average price is $9.30 and its 200-day moving average price is $8.26. The stock has a market cap of $624.22 million and a PE ratio of 17.41.
An institutional investor recently raised its position in 1-800-Flowers.com stock. Connor Clark & Lunn Investment Management Ltd. increased its stake in 1-800-Flowers.com Inc. (NASDAQ:FLWS) by 11.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 423,350 shares of the company’s stock after buying an additional 43,300 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned 0.65% of 1-800-Flowers.com worth $3,082,000 at the end of the most recent reporting period.
1-800-FLOWERS.COM, Inc is a florist and gift shop. The Company delivers fresh flowers and a selection of plants, gift baskets, gourmet foods, confections, candles, balloons and plush stuffed animals. The Company operates through three segments: Consumer Floral, Gourmet Food and Gift Baskets, and BloomNet Wire Service.
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