1-800-FLOWERS.COM (NASDAQ:FLWS) Releases Earnings Results, Misses Expectations By $0.04 EPS

1-800-FLOWERS.COM (NASDAQ:FLWS) posted its earnings results on Thursday. The specialty retailer reported ($0.28) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.04), Briefing.com reports. 1-800-FLOWERS.COM had a positive return on equity of 3.29% and a negative net margin of 0.42%. The firm had revenue of $379.40 million for the quarter, compared to the consensus estimate of $383.73 million. During the same period last year, the company posted ($0.27) EPS. The business’s revenue was down 9.1% on a year-over-year basis.

1-800-FLOWERS.COM Price Performance

FLWS stock traded down $0.22 during mid-day trading on Friday, hitting $8.90. 381,099 shares of the stock were exchanged, compared to its average volume of 273,403. The business has a fifty day moving average price of $9.80 and a 200 day moving average price of $9.58. 1-800-FLOWERS.COM has a 12 month low of $5.97 and a 12 month high of $11.42. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.59 and a quick ratio of 1.12. The stock has a market capitalization of $574.05 million, a price-to-earnings ratio of -74.17, a PEG ratio of 2.17 and a beta of 1.67.

Insider Activity at 1-800-FLOWERS.COM

In other 1-800-FLOWERS.COM news, insider Arnold P. Leap sold 3,000 shares of the stock in a transaction that occurred 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 transaction, the insider now directly owns 72,739 shares in the company, valued at $677,927.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 49.77% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. StockNews.com cut shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a report on Friday. DA Davidson decreased their target price on 1-800-FLOWERS.COM from $9.50 to $9.00 and set a “neutral” rating on the stock in a research note on Friday.

About 1-800-FLOWERS.COM

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.