1-800 FLOWERS.COM (NASDAQ:FLWS) Shares Cross Above 200 Day Moving Average – What’s Next?

1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS)’s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $4.83 and traded as high as $5.18. 1-800 FLOWERS.COM shares last traded at $4.94, with a volume of 6,201,374 shares.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on FLWS shares. Weiss Ratings reissued a “sell (d-)” rating on shares of 1-800 FLOWERS.COM in a research report on Wednesday, October 8th. Zacks Research lowered 1-800 FLOWERS.COM from a “hold” rating to a “strong sell” rating in a report on Monday, October 20th. Two analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of $7.50.

1-800 FLOWERS.COM Trading Up 32.8%

The business’s 50 day moving average price is $3.83 and its 200-day moving average price is $4.83. The company has a market cap of $314.28 million, a price-to-earnings ratio of -1.43 and a beta of 1.17. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.26 and a current ratio of 1.03.

1-800 FLOWERS.COM (NASDAQ:FLWS) last issued its earnings results on Thursday, October 30th. The specialty retailer reported ($0.83) earnings per share for the quarter, missing the consensus estimate of ($0.59) by ($0.24). 1-800 FLOWERS.COM had a negative net margin of 13.19% and a negative return on equity of 22.34%. The business had revenue of $215.20 million for the quarter, compared to analyst estimates of $218.32 million. On average, research analysts forecast that 1-800 FLOWERS.COM, Inc. will post -0.07 EPS for the current year.

Insider Buying and Selling at 1-800 FLOWERS.COM

In other news, major shareholder Fund 1 Investments, Llc sold 4,167,813 shares of the stock in a transaction that occurred on Wednesday, October 22nd. The stock was sold at an average price of $5.94, for a total value of $24,756,809.22. Following the completion of the transaction, the insider directly owned 5,359,437 shares of the company’s stock, valued at approximately $31,835,055.78. This represents a 43.75% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 52.16% of the company’s stock.

Institutional Trading of 1-800 FLOWERS.COM

A number of large investors have recently bought and sold shares of FLWS. Yousif Capital Management LLC acquired a new stake in shares of 1-800 FLOWERS.COM during the 2nd quarter worth about $50,000. Quantbot Technologies LP grew its stake in 1-800 FLOWERS.COM by 611.2% during the first quarter. Quantbot Technologies LP now owns 73,313 shares of the specialty retailer’s stock worth $433,000 after buying an additional 63,005 shares during the last quarter. Nuveen LLC bought a new stake in 1-800 FLOWERS.COM during the first quarter worth about $449,000. Jacobs Levy Equity Management Inc. acquired a new stake in shares of 1-800 FLOWERS.COM during the first quarter worth approximately $1,957,000. Finally, Invesco Ltd. raised its stake in shares of 1-800 FLOWERS.COM by 6.0% in the first quarter. Invesco Ltd. now owns 124,811 shares of the specialty retailer’s stock valued at $736,000 after acquiring an additional 7,012 shares during the last quarter. 38.43% of the stock is currently owned by institutional investors.

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.