1-800 FLOWERS.COM (NASDAQ:FLWS) Rating Increased to Hold at Wall Street Zen

1-800 FLOWERS.COM (NASDAQ:FLWS) was upgraded by investment analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued on Saturday.

Separately, Zacks Research raised shares of 1-800 FLOWERS.COM from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 30th. Three investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, 1-800 FLOWERS.COM currently has an average rating of “Reduce” and a consensus target price of $7.50.

1-800 FLOWERS.COM Stock Performance

Shares of NASDAQ:FLWS opened at $3.48 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.25 and a quick ratio of 0.81. The business’s fifty day moving average price is $4.03 and its two-hundred day moving average price is $4.30. 1-800 FLOWERS.COM has a fifty-two week low of $2.93 and a fifty-two week high of $8.44. The stock has a market capitalization of $222.96 million, a price-to-earnings ratio of -1.04 and a beta of 1.18.

1-800 FLOWERS.COM (NASDAQ:FLWS) last issued its quarterly earnings data on Thursday, January 29th. The specialty retailer reported $1.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.34. 1-800 FLOWERS.COM had a negative return on equity of 23.80% and a negative net margin of 13.41%.The company had revenue of $702.18 million during the quarter, compared to analysts’ expectations of $700.58 million. As a group, analysts predict that 1-800 FLOWERS.COM will post -0.07 EPS for the current fiscal year.

Institutional Trading of 1-800 FLOWERS.COM

Several hedge funds have recently modified their holdings of the stock. Invesco Ltd. raised its position in 1-800 FLOWERS.COM by 7.8% in the 4th quarter. Invesco Ltd. now owns 123,231 shares of the specialty retailer’s stock worth $484,000 after purchasing an additional 8,950 shares during the last quarter. nVerses Capital LLC acquired a new stake in shares of 1-800 FLOWERS.COM in the 4th quarter valued at $48,000. Jain Global LLC bought a new stake in shares of 1-800 FLOWERS.COM during the fourth quarter worth $46,000. Jump Financial LLC lifted its stake in shares of 1-800 FLOWERS.COM by 10.6% during the fourth quarter. Jump Financial LLC now owns 34,849 shares of the specialty retailer’s stock valued at $137,000 after acquiring an additional 3,347 shares during the period. Finally, Price T Rowe Associates Inc. MD boosted its holdings in 1-800 FLOWERS.COM by 169.7% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 34,649 shares of the specialty retailer’s stock valued at $137,000 after acquiring an additional 21,800 shares during the last quarter. 38.43% of the stock is owned by institutional investors.

1-800 FLOWERS.COM Company Profile

1-800-FLOWERS.COM, Inc, founded in 1976 by Jim McCann and headquartered in Jericho, New York, is a leading floral and gift retailer in North America. Operating primarily through its online platform and call center, the company offers a wide selection of fresh-cut flowers, gourmet foods, gift baskets, plants and home décor items. With a network of affiliated florists and its own floral production farms, 1-800-FLOWERS.COM facilitates same-day delivery services across the United States, reaching more than 90% of U.S.