1-800-Flowers.com Inc. (FLWS) Trading Up 1.9%
1-800-Flowers.com Inc. (NASDAQ:FLWS) was up 1.9% on Wednesday . The stock traded as high as $9.86 and last traded at $9.72, with a volume of 117,951 shares traded. The stock had previously closed at $9.54.
Several equities research analysts have weighed in on FLWS shares. Zacks Investment Research lowered 1-800-Flowers.com from a “buy” rating to a “hold” rating in a research report on Thursday, April 28th. B. Riley reissued a “buy” rating and set a $11.00 price target on shares of 1-800-Flowers.com in a report on Monday, May 2nd. Craig Hallum began coverage on 1-800-Flowers.com in a report on Monday, May 9th. They set a “buy” rating and a $15.00 price target on the stock. Ladenburg Thalmann began coverage on 1-800-Flowers.com in a report on Wednesday, August 17th. They set an “outperform” rating on the stock. Finally, Wunderlich lowered their price target on 1-800-Flowers.com from $12.00 to $9.00 and set a “buy” rating on the stock in a report on Tuesday. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. 1-800-Flowers.com presently has an average rating of “Buy” and an average target price of $11.21.
The stock has a market capitalization of $610.48 million and a price-to-earnings ratio of 17.03. The firm’s 50-day moving average is $9.33 and its 200 day moving average is $8.28.
1-800-Flowers.com (NASDAQ:FLWS) last posted its earnings results on Thursday, August 25th. The company reported ($0.14) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.14). The business earned $234.40 million during the quarter, compared to analyst estimates of $228.18 million. During the same period in the previous year, the firm posted ($0.13) earnings per share. The firm’s revenue was up 2.7% on a year-over-year basis. Equities analysts forecast that 1-800-Flowers.com Inc. will post $0.44 EPS for the current fiscal year.
A hedge fund recently raised its stake in 1-800-Flowers.com stock. Connor Clark & Lunn Investment Management Ltd. raised its position in shares of 1-800-Flowers.com Inc. (NASDAQ:FLWS) by 11.4% during the fourth quarter, according to its most recent disclosure with the SEC. The firm 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 about 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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