1-800-FLOWERS.COM (NASDAQ:FLWS) Given New $7.50 Price Target at DA Davidson

1-800-FLOWERS.COM (NASDAQ:FLWS) had its price target raised by DA Davidson from $7.00 to $7.50 in a research report released on Thursday morning, Benzinga reports. They currently have a neutral rating on the specialty retailer’s stock.

1-800-FLOWERS.COM Stock Down 0.7 %

NASDAQ:FLWS opened at $8.26 on Thursday. The stock has a 50 day simple moving average of $7.97 and a 200 day simple moving average of $8.94. 1-800-FLOWERS.COM has a 1-year low of $7.14 and a 1-year high of $11.42. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.69 and a quick ratio of 0.92.

1-800-FLOWERS.COM (NASDAQ:FLWS) last posted its earnings results on Thursday, October 31st. The specialty retailer reported ($0.51) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.53) by $0.02. 1-800-FLOWERS.COM had a positive return on equity of 2.04% and a negative net margin of 0.50%. The company had revenue of $193.20 million during the quarter, compared to the consensus estimate of $246.88 million. During the same quarter last year, the firm earned ($0.48) earnings per share. The company’s revenue was down 28.2% on a year-over-year basis. As a group, research analysts expect that 1-800-FLOWERS.COM will post 0.17 earnings per share for the current fiscal year.

Institutional Trading of 1-800-FLOWERS.COM

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Rice Hall James & Associates LLC raised its stake in 1-800-FLOWERS.COM by 23.6% in the 3rd quarter. Rice Hall James & Associates LLC now owns 218,811 shares of the specialty retailer’s stock worth $1,735,000 after purchasing an additional 41,737 shares in the last quarter. Hennion & Walsh Asset Management Inc. increased its holdings in 1-800-FLOWERS.COM by 3.4% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 44,533 shares of the specialty retailer’s stock valued at $353,000 after buying an additional 1,472 shares during the period. nVerses Capital LLC bought a new position in 1-800-FLOWERS.COM in the 3rd quarter valued at about $41,000. SG Americas Securities LLC bought a new stake in shares of 1-800-FLOWERS.COM during the 3rd quarter valued at approximately $106,000. Finally, AQR Capital Management LLC grew its holdings in shares of 1-800-FLOWERS.COM by 55.1% during the 2nd quarter. AQR Capital Management LLC now owns 136,020 shares of the specialty retailer’s stock valued at $1,295,000 after purchasing an additional 48,321 shares during the last quarter. 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.