1-800-FLOWERS.COM (NASDAQ:FLWS) Cut to “Hold” at StockNews.com

StockNews.com lowered shares of 1-800-FLOWERS.COM (NASDAQ:FLWS) from a buy rating to a hold rating in a research report sent to investors on Friday.

Separately, DA Davidson lowered their price target on 1-800-FLOWERS.COM from $9.50 to $9.00 and set a neutral rating for the company in a research report on Friday.

1-800-FLOWERS.COM Price Performance

FLWS stock opened at $8.78 on Friday. 1-800-FLOWERS.COM has a 1 year low of $5.97 and a 1 year high of $11.42. The company has a market cap of $566.31 million, a P/E ratio of -73.17, a PEG ratio of 2.47 and a beta of 1.67. 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 firm has a 50-day moving average of $9.80 and a 200 day moving average of $9.61.

1-800-FLOWERS.COM (NASDAQ:FLWS) last posted its quarterly earnings data on Thursday, May 2nd. The specialty retailer reported ($0.28) EPS for the quarter, missing the consensus estimate of ($0.24) by ($0.04). 1-800-FLOWERS.COM had a positive return on equity of 3.29% and a negative net margin of 0.42%. The business had revenue of $379.40 million for the quarter, compared to the consensus estimate of $383.73 million. During the same period in the previous year, the firm earned ($0.27) EPS. The company’s revenue was down 9.1% on a year-over-year basis. On average, sell-side analysts forecast that 1-800-FLOWERS.COM will post 0.24 EPS for the current year.

Insider Activity at 1-800-FLOWERS.COM

In other 1-800-FLOWERS.COM news, insider Arnold P. Leap sold 3,000 shares of 1-800-FLOWERS.COM stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $9.32, for a total value of $27,960.00. Following the completion of the sale, the insider now owns 72,739 shares of the company’s stock, valued at approximately $677,927.48. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 49.77% of the stock is owned by insiders.

Institutional Trading of 1-800-FLOWERS.COM

Several large investors have recently added to or reduced their stakes in the business. Principal Financial Group Inc. purchased a new stake in 1-800-FLOWERS.COM in the 3rd quarter worth approximately $73,000. Allspring Global Investments Holdings LLC raised its stake in 1-800-FLOWERS.COM by 96.5% during the first quarter. Allspring Global Investments Holdings LLC now owns 10,532 shares of the specialty retailer’s stock valued at $114,000 after purchasing an additional 5,173 shares in the last quarter. Quantbot Technologies LP purchased a new stake in 1-800-FLOWERS.COM during the third quarter valued at approximately $189,000. Stratos Wealth Advisors LLC bought a new stake in 1-800-FLOWERS.COM in the fourth quarter worth $208,000. Finally, Prosperity Wealth Management Inc. purchased a new stake in shares of 1-800-FLOWERS.COM in the fourth quarter valued at $248,000. 38.43% of the stock is currently 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.