1-800 FLOWERS.COM (NASDAQ:FLWS) Upgraded to “Outperform” at Noble Financial

Noble Financial upgraded shares of 1-800 FLOWERS.COM (NASDAQ:FLWS) from a market perform rating to an outperform rating in a research report sent to investors on Monday, Marketbeat reports. Noble Financial currently has $3.75 price objective on the specialty retailer’s stock.

Several other research analysts have also recently weighed in on the stock. Zacks Research raised shares of 1-800 FLOWERS.COM from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 30th. Wall Street Zen upgraded 1-800 FLOWERS.COM from a “sell” rating to a “hold” rating in a research report on Saturday, February 28th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, 1-800 FLOWERS.COM presently has an average rating of “Hold” and an average price target of $3.75.

1-800 FLOWERS.COM Trading Up 4.0%

Shares of 1-800 FLOWERS.COM stock opened at $3.13 on Monday. The company’s 50-day moving average price is $3.78 and its 200-day moving average price is $4.04. The company has a current ratio of 1.25, a quick ratio of 0.81 and a debt-to-equity ratio of 0.43. 1-800 FLOWERS.COM has a 12-month low of $2.93 and a 12-month high of $8.44. The company has a market cap of $200.54 million, a price-to-earnings ratio of -0.93 and a beta of 1.21.

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

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Fund 1 Investments LLC boosted its holdings in shares of 1-800 FLOWERS.COM by 16.5% in the 2nd quarter. Fund 1 Investments LLC now owns 9,527,250 shares of the specialty retailer’s stock worth $46,874,000 after purchasing an additional 1,346,781 shares in the last quarter. Nantahala Capital Management LLC raised its holdings in shares of 1-800 FLOWERS.COM by 68.4% during the 3rd quarter. Nantahala Capital Management LLC now owns 3,368,065 shares of the specialty retailer’s stock valued at $15,493,000 after buying an additional 1,368,065 shares in the last quarter. Newtyn Management LLC raised its holdings in shares of 1-800 FLOWERS.COM by 56.3% during the 3rd quarter. Newtyn Management LLC now owns 2,516,466 shares of the specialty retailer’s stock valued at $11,576,000 after buying an additional 906,911 shares in the last quarter. Nomura Holdings Inc. lifted its position in 1-800 FLOWERS.COM by 6.4% in the 2nd quarter. Nomura Holdings Inc. now owns 2,175,750 shares of the specialty retailer’s stock worth $10,705,000 after buying an additional 129,998 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in 1-800 FLOWERS.COM by 337.4% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,209,640 shares of the specialty retailer’s stock worth $4,754,000 after buying an additional 933,063 shares in the last quarter. Institutional investors own 38.43% of the company’s stock.

About 1-800 FLOWERS.COM

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.