1-800-Flowers.com Inc. (FLWS) Trading Up 1.9%
1-800-Flowers.com Inc. (NASDAQ:FLWS) was up 1.9% on Wednesday . The company traded as high as $9.86 and last traded at $9.72, with a volume of 117,951 shares. The stock had previously closed at $9.54.
A number of equities research analysts have recently weighed in on FLWS shares. Ladenburg Thalmann started coverage on 1-800-Flowers.com in a research report on Wednesday, August 17th. They set an “outperform” rating for the company. B. Riley restated a “buy” rating and set a $11.00 target price on shares of 1-800-Flowers.com in a research report on Monday, May 2nd. Zacks Investment Research upgraded 1-800-Flowers.com from a “hold” rating to a “strong-buy” rating and set a $9.25 target price for the company in a research report on Tuesday, April 26th. Craig Hallum started coverage on 1-800-Flowers.com in a research report on Monday, May 9th. They set a “buy” rating and a $15.00 target price for the company. Finally, Wunderlich dropped their target price on 1-800-Flowers.com from $12.00 to $9.00 and set a “buy” rating for the company in a research report on Tuesday. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $11.21.
The company has a 50 day moving average price of $9.30 and a 200 day moving average price of $8.26. The company has a market capitalization of $628.81 million and a price-to-earnings ratio of 17.5367.
A hedge fund recently raised its stake in 1-800-Flowers.com stock. Connor Clark & Lunn Investment Management Ltd. increased its position in 1-800-Flowers.com Inc. (NASDAQ:FLWS) by 11.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor 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 approximately 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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