1-800-FLOWERS.COM (NASDAQ:FLWS) Downgraded by StockNews.com

StockNews.com downgraded shares of 1-800-FLOWERS.COM (NASDAQ:FLWSFree Report) from a buy rating to a hold rating in a report released on Saturday morning.

1-800-FLOWERS.COM Stock Performance

Shares of NASDAQ FLWS opened at $9.68 on Friday. The company has a current ratio of 1.59, a quick ratio of 1.12 and a debt-to-equity ratio of 0.36. The stock has a 50 day simple moving average of $10.24 and a 200-day simple moving average of $8.56. The company has a market cap of $628.23 million, a PE ratio of -10.08, a P/E/G ratio of 2.20 and a beta of 1.69. 1-800-FLOWERS.COM has a 12-month low of $5.97 and a 12-month high of $12.09.

1-800-FLOWERS.COM (NASDAQ:FLWSGet Free Report) last released its earnings results on Thursday, February 1st. The specialty retailer reported $1.27 earnings per share for the quarter, topping analysts’ consensus estimates of $1.22 by $0.05. The firm had revenue of $822.10 million during the quarter, compared to the consensus estimate of $825.20 million. 1-800-FLOWERS.COM had a positive return on equity of 3.32% and a negative net margin of 3.24%. The firm’s revenue for the quarter was down 8.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.28 earnings per share. On average, equities research analysts forecast that 1-800-FLOWERS.COM will post 0.28 EPS for the current year.

Insider Buying and Selling at 1-800-FLOWERS.COM

In other 1-800-FLOWERS.COM news, insider Arnold P. Leap sold 3,000 shares of the business’s stock in a transaction on Friday, February 9th. The shares were sold at an average price of $9.32, for a total transaction of $27,960.00. Following the sale, the insider now directly owns 72,739 shares of the company’s stock, valued at approximately $677,927.48. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 49.77% of the company’s stock.

Hedge Funds Weigh In On 1-800-FLOWERS.COM

A number of hedge funds have recently modified their holdings of the stock. Eagle Bay Advisors LLC boosted its holdings in 1-800-FLOWERS.COM by 222.0% during the second quarter. Eagle Bay Advisors LLC now owns 2,866 shares of the specialty retailer’s stock valued at $27,000 after acquiring an additional 1,976 shares during the period. Tower Research Capital LLC TRC boosted its holdings in 1-800-FLOWERS.COM by 317.4% during the first quarter. Tower Research Capital LLC TRC now owns 3,886 shares of the specialty retailer’s stock valued at $45,000 after acquiring an additional 2,955 shares during the period. UBS Group AG boosted its holdings in 1-800-FLOWERS.COM by 3,450.7% during the second quarter. UBS Group AG now owns 5,326 shares of the specialty retailer’s stock valued at $50,000 after acquiring an additional 5,176 shares during the period. Dark Forest Capital Management LP boosted its holdings in 1-800-FLOWERS.COM by 17,842.3% during the first quarter. Dark Forest Capital Management LP now owns 4,665 shares of the specialty retailer’s stock valued at $54,000 after acquiring an additional 4,639 shares during the period. Finally, Quarry LP boosted its holdings in 1-800-FLOWERS.COM by 264.1% during the second quarter. Quarry LP now owns 7,261 shares of the specialty retailer’s stock valued at $57,000 after acquiring an additional 5,267 shares during the period. 37.51% of the stock is owned by institutional investors and hedge funds.

About 1-800-FLOWERS.COM

(Get Free Report)

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.

Further Reading

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