1-800-FLOWERS.COM (NASDAQ:FLWS) Price Target Cut to $9.00 by Analysts at DA Davidson

1-800-FLOWERS.COM (NASDAQ:FLWS) had its target price cut by DA Davidson from $9.50 to $9.00 in a research note published on Friday, Benzinga reports. They currently have a neutral rating on the specialty retailer’s stock.

Separately, StockNews.com raised shares of 1-800-FLOWERS.COM from a hold rating to a buy rating in a research report on Thursday, February 29th.

1-800-FLOWERS.COM Stock Down 1.3 %

FLWS opened at $8.78 on Friday. The firm’s 50 day simple moving average is $9.80 and its two-hundred day simple moving average is $9.61. The company has a current ratio of 1.59, a quick ratio of 1.12 and a debt-to-equity ratio of 0.36. 1-800-FLOWERS.COM has a 1-year low of $5.97 and a 1-year high of $11.42. The company has a market capitalization of $566.31 million, a PE ratio of -73.17, a PEG ratio of 2.47 and a beta of 1.67.

1-800-FLOWERS.COM (NASDAQ:FLWS) last released its quarterly earnings results on Thursday, May 2nd. The specialty retailer reported ($0.28) earnings per share for the quarter, missing the consensus estimate of ($0.24) by ($0.04). The firm had revenue of $379.40 million for the quarter, compared to analysts’ expectations of $383.73 million. 1-800-FLOWERS.COM had a negative net margin of 0.42% and a positive return on equity of 3.29%. The business’s quarterly revenue was down 9.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.27) EPS. As a group, equities analysts forecast that 1-800-FLOWERS.COM will post 0.24 EPS for the current year.

Insider Transactions at 1-800-FLOWERS.COM

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Fuller & Thaler Asset Management Inc. acquired a new stake in 1-800-FLOWERS.COM in the third quarter valued at about $1,564,000. GSA Capital Partners LLP purchased a new stake in 1-800-FLOWERS.COM in the first quarter valued at approximately $1,432,000. North Star Investment Management Corp. raised its holdings in shares of 1-800-FLOWERS.COM by 78.2% in the 4th quarter. North Star Investment Management Corp. now owns 300,650 shares of the specialty retailer’s stock worth $3,241,000 after purchasing an additional 131,900 shares during the period. PEAK6 Investments LLC lifted its holdings in shares of 1-800-FLOWERS.COM by 865.9% during the 4th quarter. PEAK6 Investments LLC now owns 144,888 shares of the specialty retailer’s stock valued at $1,562,000 after acquiring an additional 129,888 shares in the last quarter. Finally, Prosperity Consulting Group LLC acquired a new position in shares of 1-800-FLOWERS.COM during the first quarter worth about $1,105,000. Institutional investors and hedge funds own 38.43% of the company’s stock.

1-800-FLOWERS.COM Company Profile

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.