1-800 FLOWERS.COM (NASDAQ:FLWS) Downgraded to “Strong Sell” Rating by Zacks Research

Zacks Research lowered shares of 1-800 FLOWERS.COM (NASDAQ:FLWS) from a hold rating to a strong sell rating in a report published on Monday morning,Zacks.com reports.

Several other equities research analysts have also commented on FLWS. Wall Street Zen raised 1-800 FLOWERS.COM from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 6th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of 1-800 FLOWERS.COM in a research note on Wednesday, June 24th. Finally, Noble Financial reaffirmed an “outperform” rating on shares of 1-800 FLOWERS.COM in a report on Friday, May 8th. One analyst has rated the stock with a Buy rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, 1-800 FLOWERS.COM has a consensus rating of “Reduce” and a consensus price target of $3.75.

1-800 FLOWERS.COM Stock Up 1.1%

Shares of NASDAQ FLWS opened at $3.77 on Monday. The company has a quick ratio of 0.49, a current ratio of 1.14 and a debt-to-equity ratio of 0.61. 1-800 FLOWERS.COM has a 52 week low of $2.88 and a 52 week high of $8.44. The firm has a 50-day moving average price of $4.08 and a 200 day moving average price of $3.87. The stock has a market capitalization of $241.66 million, a price-to-earnings ratio of -1.79 and a beta of 1.36.

1-800 FLOWERS.COM (NASDAQ:FLWS) last released its quarterly earnings data on Thursday, May 7th. The specialty retailer reported ($0.77) EPS for the quarter, missing analysts’ consensus estimates of ($0.75) by ($0.02). 1-800 FLOWERS.COM had a negative return on equity of 28.81% and a negative net margin of 8.69%.The company had revenue of $293.01 million for the quarter, compared to analysts’ expectations of $292.42 million. Equities research analysts anticipate that 1-800 FLOWERS.COM will post -1.23 EPS for the current fiscal year.

Insider Transactions at 1-800 FLOWERS.COM

In other 1-800 FLOWERS.COM news, major shareholder Fund 1 Investments, Llc sold 720,000 shares of the company’s stock in a transaction dated Tuesday, April 21st. The shares were sold at an average price of $4.19, for a total value of $3,016,800.00. Following the sale, the insider owned 4,096,242 shares of the company’s stock, valued at $17,163,253.98. This represents a 14.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold a total of 1,752,433 shares of company stock worth $7,555,619 in the last ninety days. Insiders own 52.16% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Nantahala Capital Management LLC lifted its stake in 1-800 FLOWERS.COM by 68.4% in the 3rd quarter. Nantahala Capital Management LLC now owns 3,368,065 shares of the specialty retailer’s stock valued at $15,493,000 after buying an additional 1,368,065 shares in the last quarter. Newtyn Management LLC raised its holdings in shares of 1-800 FLOWERS.COM by 56.3% in the third quarter. Newtyn Management LLC now owns 2,516,466 shares of the specialty retailer’s stock worth $11,576,000 after acquiring an additional 906,911 shares during the last quarter. Gamco Investors INC. ET AL raised its holdings in shares of 1-800 FLOWERS.COM by 4.6% in the first quarter. Gamco Investors INC. ET AL now owns 1,284,900 shares of the specialty retailer’s stock worth $3,906,000 after acquiring an additional 57,000 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of 1-800 FLOWERS.COM by 337.4% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,209,640 shares of the specialty retailer’s stock valued at $4,754,000 after acquiring an additional 933,063 shares in the last quarter. Finally, Vanguard Group Inc. lifted its position in shares of 1-800 FLOWERS.COM by 31.9% in the third quarter. Vanguard Group Inc. now owns 1,125,083 shares of the specialty retailer’s stock valued at $5,175,000 after acquiring an additional 272,056 shares in the last quarter. 38.43% of the stock is currently owned by institutional investors and hedge funds.

1-800 FLOWERS.COM Company Profile

1-800-FLOWERS.COM, Inc, founded in 1976 by Jim McCann and headquartered in Jericho, New York, is a leading floral and gift retailer in North America. Operating primarily through its online platform and call center, the company offers a wide selection of fresh-cut flowers, gourmet foods, gift baskets, plants and home décor items. With a network of affiliated florists and its own floral production farms, 1-800-FLOWERS.COM facilitates same-day delivery services across the United States, reaching more than 90% of U.S.