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

1-800-FLOWERS.COM (NASDAQ:FLWS)‘s stock had its “sell (e+)” rating reissued by research analysts at Weiss Ratings in a research report issued on Thursday,Weiss Ratings reports.

Separately, DA Davidson restated a “neutral” rating and set a $7.50 price target on shares of 1-800-FLOWERS.COM in a report on Friday, March 14th.

1-800-FLOWERS.COM Stock Performance

NASDAQ:FLWS opened at $5.42 on Thursday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.51 and a quick ratio of 1.03. The company has a market cap of $344.72 million, a price-to-earnings ratio of -49.27 and a beta of 1.80. 1-800-FLOWERS.COM has a 1 year low of $4.96 and a 1 year high of $11.10. The stock’s 50 day simple moving average is $6.11 and its two-hundred day simple moving average is $7.39.

1-800-FLOWERS.COM (NASDAQ:FLWS) last released its quarterly earnings results on Thursday, January 30th. The specialty retailer reported $1.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.11). 1-800-FLOWERS.COM had a negative net margin of 0.43% and a negative return on equity of 0.76%. As a group, equities analysts anticipate that 1-800-FLOWERS.COM will post -0.07 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, major shareholder Fund 1 Investments, Llc acquired 396,004 shares of the firm’s stock in a transaction that occurred on Thursday, January 30th. The stock was bought at an average price of $7.73 per share, for a total transaction of $3,061,110.92. Following the acquisition, the insider now directly owns 5,154,769 shares of the company’s stock, valued at $39,846,364.37. This represents a 8.32 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. In the last three months, insiders acquired 2,025,402 shares of company stock valued at $14,806,331. Insiders own 51.00% of the company’s stock.

Institutional Trading of 1-800-FLOWERS.COM

Several institutional investors and hedge funds have recently modified their holdings of FLWS. Jones Financial Companies Lllp increased its stake in shares of 1-800-FLOWERS.COM by 120.1% during the fourth quarter. Jones Financial Companies Lllp now owns 3,664 shares of the specialty retailer’s stock valued at $30,000 after buying an additional 1,999 shares during the period. KLP Kapitalforvaltning AS purchased a new position in 1-800-FLOWERS.COM during the 4th quarter valued at about $37,000. Quantbot Technologies LP bought a new stake in shares of 1-800-FLOWERS.COM in the 4th quarter valued at about $84,000. XTX Topco Ltd purchased a new stake in shares of 1-800-FLOWERS.COM in the 4th quarter worth approximately $92,000. Finally, Inceptionr LLC bought a new position in shares of 1-800-FLOWERS.COM during the fourth quarter valued at approximately $101,000. Institutional investors own 38.43% of the company’s stock.

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.