1-800-FLOWERS.COM (NASDAQ:FLWS) Receives Sell (D-) Rating from Weiss Ratings

1-800-FLOWERS.COM (NASDAQ:FLWS)‘s stock had its “sell (d-)” rating reiterated by Weiss Ratings in a note issued to investors on Saturday,Weiss Ratings reports.

A number of other equities research analysts have also recently issued reports on the company. Noble Financial cut 1-800-FLOWERS.COM from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 9th. DA Davidson reiterated a “neutral” rating and set a $7.50 price objective on shares of 1-800-FLOWERS.COM in a research note on Friday, March 14th. Finally, Wall Street Zen cut 1-800-FLOWERS.COM from a “hold” rating to a “sell” rating in a research note on Monday, May 12th.

1-800-FLOWERS.COM Trading Down 3.9%

Shares of 1-800-FLOWERS.COM stock opened at $4.67 on Friday. 1-800-FLOWERS.COM has a 12-month low of $3.86 and a 12-month high of $11.10. The stock has a market cap of $296.84 million, a P/E ratio of -42.45 and a beta of 1.58. The company has a quick ratio of 1.03, a current ratio of 1.51 and a debt-to-equity ratio of 0.32. The business’s 50 day moving average is $5.37 and its 200-day moving average is $6.91.

1-800-FLOWERS.COM (NASDAQ:FLWS) last announced its quarterly earnings data on Thursday, May 8th. The specialty retailer reported ($0.71) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.34) by ($0.37). 1-800-FLOWERS.COM had a negative return on equity of 0.76% and a negative net margin of 0.43%. The company had revenue of $331.45 million for the quarter, compared to the consensus estimate of $367.85 million. During the same quarter in the prior year, the company earned ($0.28) EPS. The company’s revenue for the quarter was down 23.1% on a year-over-year basis. Equities research analysts predict that 1-800-FLOWERS.COM will post -0.07 earnings per share for the current fiscal year.

Insider Buying and Selling

In other 1-800-FLOWERS.COM news, major shareholder Fund 1 Investments, Llc bought 66,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 26th. The shares were acquired at an average cost of $7.36 per share, with a total value of $485,760.00. Following the acquisition, the insider now owns 7,307,469 shares of the company’s stock, valued at $53,782,971.84. The trade was a 0.91% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last three months, insiders have acquired 905,098 shares of company stock valued at $5,126,582. 51.00% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Fund 1 Investments LLC grew its holdings in 1-800-FLOWERS.COM by 12.4% in the 4th quarter. Fund 1 Investments LLC now owns 4,174,364 shares of the specialty retailer’s stock valued at $34,105,000 after buying an additional 461,000 shares in the last quarter. Nomura Holdings Inc. grew its holdings in 1-800-FLOWERS.COM by 63.6% in the 4th quarter. Nomura Holdings Inc. now owns 2,941,572 shares of the specialty retailer’s stock valued at $24,033,000 after buying an additional 1,143,027 shares in the last quarter. Gamco Investors INC. ET AL grew its holdings in 1-800-FLOWERS.COM by 0.7% in the 1st quarter. Gamco Investors INC. ET AL now owns 1,292,700 shares of the specialty retailer’s stock valued at $7,627,000 after buying an additional 8,400 shares in the last quarter. ING Groep NV acquired a new position in 1-800-FLOWERS.COM in the 1st quarter valued at $4,425,000. Finally, Bridgeway Capital Management LLC grew its holdings in 1-800-FLOWERS.COM by 2.5% in the 1st quarter. Bridgeway Capital Management LLC now owns 614,665 shares of the specialty retailer’s stock valued at $3,627,000 after buying an additional 15,277 shares in the last quarter. 38.43% of the stock is owned by institutional investors and hedge funds.

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.