1-800-FLOWERS.COM (NASDAQ:FLWS) Receives “Sell (E+)” Rating from Weiss Ratings

Weiss Ratings reissued their sell (e+) rating on shares of 1-800-FLOWERS.COM (NASDAQ:FLWS) in a research note issued to investors on Saturday,Weiss Ratings reports.

A number of other equities analysts have also commented on the company. StockNews.com lowered 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note on Saturday, November 9th. DA Davidson increased their price objective on shares of 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the stock a “neutral” rating in a report on Thursday, October 31st.

1-800-FLOWERS.COM Price Performance

Shares of 1-800-FLOWERS.COM stock traded down $0.02 during mid-day trading on Friday, reaching $8.14. 489,811 shares of the stock were exchanged, compared to its average volume of 339,676. The company has a market cap of $522.75 million, a price-to-earnings ratio of -58.14, a price-to-earnings-growth ratio of 2.81 and a beta of 1.58. 1-800-FLOWERS.COM has a fifty-two week low of $7.01 and a fifty-two week high of $11.42. The company has a current ratio of 1.44, a quick ratio of 0.41 and a debt-to-equity ratio of 0.40. The firm has a 50-day simple moving average of $7.86 and a 200 day simple moving average of $8.37.

1-800-FLOWERS.COM (NASDAQ:FLWS) last posted its quarterly earnings data on Thursday, October 31st. The specialty retailer reported ($0.51) earnings per share for the quarter, topping the consensus estimate of ($0.53) by $0.02. The company had revenue of $193.20 million during the quarter, compared to analyst estimates of $246.88 million. 1-800-FLOWERS.COM had a negative net margin of 0.50% and a positive return on equity of 2.10%. The company’s revenue was down 28.2% on a year-over-year basis. During the same quarter last year, the business posted ($0.48) earnings per share. On average, sell-side analysts predict that 1-800-FLOWERS.COM will post 0.17 EPS for the current fiscal year.

Insiders Place Their Bets

In other 1-800-FLOWERS.COM news, major shareholder Fund 1 Investments, Llc purchased 50,000 shares of the stock in a transaction dated Friday, January 10th. The stock was bought at an average price of $7.18 per share, for a total transaction of $359,000.00. Following the transaction, the insider now directly owns 4,224,364 shares in the company, valued at $30,330,933.52. This represents a 1.20 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. In the last quarter, insiders have bought 208,000 shares of company stock valued at $1,547,210. 51.00% of the stock is currently owned by corporate insiders.

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

Hedge funds and other institutional investors have recently bought and sold shares of the business. nVerses Capital LLC bought a new position in 1-800-FLOWERS.COM during the third quarter worth about $41,000. SG Americas Securities LLC bought a new position in 1-800-FLOWERS.COM during the 3rd quarter worth approximately $106,000. JPMorgan Chase & Co. boosted its stake in 1-800-FLOWERS.COM by 13.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 14,095 shares of the specialty retailer’s stock worth $112,000 after acquiring an additional 1,623 shares during the last quarter. Paloma Partners Management Co acquired a new position in 1-800-FLOWERS.COM during the third quarter valued at approximately $121,000. Finally, Federated Hermes Inc. increased its stake in 1-800-FLOWERS.COM by 8.9% in the second quarter. Federated Hermes Inc. now owns 25,633 shares of the specialty retailer’s stock valued at $244,000 after purchasing an additional 2,100 shares in the last quarter. 38.43% of the stock is owned by institutional investors.

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.