StockNews.com Lowers 1-800-FLOWERS.COM (NASDAQ:FLWS) to Sell

StockNews.com lowered shares of 1-800-FLOWERS.COM (NASDAQ:FLWSGet Rating) from a hold rating to a sell rating in a report published on Monday morning.

Other equities analysts have also issued research reports about the stock. DA Davidson lowered shares of 1-800-FLOWERS.COM from a buy rating to a neutral rating in a research report on Thursday, March 17th. Craig Hallum lowered shares of 1-800-FLOWERS.COM from a buy rating to a hold rating and dropped their target price for the stock from $35.00 to $12.00 in a research report on Thursday, April 28th. Zacks Investment Research lowered shares of 1-800-FLOWERS.COM from a hold rating to a strong sell rating in a research report on Wednesday, February 2nd. Finally, Benchmark dropped their target price on shares of 1-800-FLOWERS.COM from $26.00 to $17.00 in a research report on Friday. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of Hold and an average price target of $26.10.

Shares of FLWS stock opened at $10.62 on Monday. 1-800-FLOWERS.COM has a 12 month low of $9.13 and a 12 month high of $38.66. The company has a quick ratio of 0.91, a current ratio of 1.36 and a debt-to-equity ratio of 0.27. The business’s 50 day moving average is $13.54 and its two-hundred day moving average is $21.04. The company has a market cap of $690.77 million, a PE ratio of 10.84 and a beta of 1.68.

1-800-FLOWERS.COM (NASDAQ:FLWSGet Rating) last announced its quarterly earnings data on Thursday, April 28th. The specialty retailer reported ($0.32) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.28) by ($0.04). 1-800-FLOWERS.COM had a return on equity of 13.04% and a net margin of 2.95%. The company had revenue of $469.60 million during the quarter, compared to analyst estimates of $483.08 million. During the same quarter in the previous year, the business posted $0.02 EPS. The company’s revenue was down 1.0% on a year-over-year basis. As a group, equities analysts expect that 1-800-FLOWERS.COM will post 0.58 EPS for the current fiscal year.

A number of institutional investors have recently made changes to their positions in the business. California State Teachers Retirement System increased its holdings in 1-800-FLOWERS.COM by 0.8% in the 3rd quarter. California State Teachers Retirement System now owns 37,023 shares of the specialty retailer’s stock valued at $1,130,000 after buying an additional 300 shares during the period. Cim LLC grew its holdings in shares of 1-800-FLOWERS.COM by 7.5% in the 3rd quarter. Cim LLC now owns 7,573 shares of the specialty retailer’s stock worth $267,000 after purchasing an additional 531 shares during the last quarter. Spire Wealth Management grew its holdings in shares of 1-800-FLOWERS.COM by 56.3% in the 4th quarter. Spire Wealth Management now owns 1,536 shares of the specialty retailer’s stock worth $36,000 after purchasing an additional 553 shares during the last quarter. Koshinski Asset Management Inc. grew its holdings in shares of 1-800-FLOWERS.COM by 9.5% in the 4th quarter. Koshinski Asset Management Inc. now owns 8,050 shares of the specialty retailer’s stock worth $188,000 after purchasing an additional 700 shares during the last quarter. Finally, First Horizon Advisors Inc. grew its holdings in shares of 1-800-FLOWERS.COM by 238.7% in the 3rd quarter. First Horizon Advisors Inc. now owns 1,006 shares of the specialty retailer’s stock worth $42,000 after purchasing an additional 709 shares during the last quarter.

1-800-FLOWERS.COM Company Profile (Get Rating)

1-800-FLOWERS.COM, Inc, together with its subsidiaries, 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, personalized products, dipped berries, popcorns, gourmet foods and gift baskets, cookies, chocolates, candies, wines, and gift-quality fruits.

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