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

1-800-FLOWERS.COM (NASDAQ:FLWS) was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating in a report released on Saturday.

Separately, DA Davidson increased their price target on shares of 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the stock a “neutral” rating in a research note on Thursday, October 31st.

1-800-FLOWERS.COM Trading Up 1.4 %

Shares of 1-800-FLOWERS.COM stock opened at $9.00 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.44 and a quick ratio of 0.92. The business has a 50 day moving average price of $7.97 and a 200 day moving average price of $8.93. The company has a market capitalization of $577.98 million, a P/E ratio of -64.29, a P/E/G ratio of 3.21 and a beta of 1.61. 1-800-FLOWERS.COM has a 1 year low of $7.14 and a 1 year high of $11.42.

1-800-FLOWERS.COM (NASDAQ:FLWS) last released its quarterly earnings results on Thursday, October 31st. The specialty retailer reported ($0.51) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.53) by $0.02. The company had revenue of $193.20 million for the quarter, compared to analysts’ expectations 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 firm’s revenue for the quarter was down 28.2% compared to the same quarter last year. During the same period last year, the company earned ($0.48) EPS. Sell-side analysts anticipate that 1-800-FLOWERS.COM will post 0.17 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, major shareholder Fund 1 Investments, Llc sold 40,000 shares of the firm’s stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $7.80, for a total transaction of $312,000.00. Following the sale, the insider now directly owns 3,674,364 shares in the company, valued at approximately $28,660,039.20. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 51.00% of the stock is currently owned by insiders.

Institutional Investors Weigh In On 1-800-FLOWERS.COM

Hedge funds have recently bought and sold shares of the business. nVerses Capital LLC acquired a new position in 1-800-FLOWERS.COM during the 3rd quarter worth $41,000. SG Americas Securities LLC bought a new position in 1-800-FLOWERS.COM during the 3rd quarter worth approximately $106,000. Allspring Global Investments Holdings LLC grew its position in shares of 1-800-FLOWERS.COM by 96.5% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 10,532 shares of the specialty retailer’s stock worth $114,000 after acquiring an additional 5,173 shares in the last quarter. EntryPoint Capital LLC bought a new stake in 1-800-FLOWERS.COM during the first quarter valued at $167,000. Finally, Price T Rowe Associates Inc. MD boosted its stake in 1-800-FLOWERS.COM by 6.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 21,265 shares of the specialty retailer’s stock valued at $231,000 after acquiring an additional 1,287 shares during the period. 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.