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 reaffirmed by Weiss Ratings in a report issued on Saturday,Weiss Ratings reports.

A number of other analysts also recently commented on FLWS. StockNews.com downgraded 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research report on Saturday, November 9th. DA Davidson upped their target price on 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the company a “neutral” rating in a research note on Thursday, October 31st.

1-800-FLOWERS.COM Trading Down 0.2 %

Shares of FLWS stock opened at $8.14 on Friday. The firm has a market capitalization of $522.75 million, a P/E ratio of -58.14, a price-to-earnings-growth ratio of 2.81 and a beta of 1.58. 1-800-FLOWERS.COM has a 1 year low of $7.01 and a 1 year high of $11.42. The firm’s fifty day simple moving average is $7.86 and its 200 day simple moving average is $8.36. The company has a current ratio of 1.44, a quick ratio of 0.41 and a debt-to-equity ratio of 0.40.

1-800-FLOWERS.COM (NASDAQ:FLWS) last posted its quarterly earnings data on Thursday, October 31st. The specialty retailer reported ($0.51) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.53) by $0.02. 1-800-FLOWERS.COM had a negative net margin of 0.50% and a positive return on equity of 2.10%. The company had revenue of $193.20 million for the quarter, compared to the consensus estimate of $246.88 million. During the same quarter in the previous year, the firm posted ($0.48) EPS. The business’s revenue was down 28.2% compared to the same quarter last year. As a group, sell-side analysts predict that 1-800-FLOWERS.COM will post 0.17 EPS for the current year.

Insider Activity at 1-800-FLOWERS.COM

In related news, major shareholder Fund 1 Investments, Llc bought 97,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 15th. The stock was acquired at an average price of $7.64 per share, for a total transaction of $741,080.00. Following the transaction, the insider now directly owns 4,542,364 shares of the company’s stock, valued at $34,703,660.96. This represents a 2.18 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders have acquired a total of 208,000 shares of company stock valued at $1,547,210 over the last quarter. 51.00% of the stock is owned by company insiders.

Institutional Trading of 1-800-FLOWERS.COM

A number of large investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP boosted its stake in shares of 1-800-FLOWERS.COM by 5.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,635,093 shares of the specialty retailer’s stock valued at $25,086,000 after purchasing an additional 129,627 shares in the last quarter. Sei Investments Co. lifted its holdings in 1-800-FLOWERS.COM by 15.7% during the 2nd quarter. Sei Investments Co. now owns 686,961 shares of the specialty retailer’s stock valued at $6,540,000 after purchasing an additional 93,041 shares during the last quarter. State Street Corp boosted its position in 1-800-FLOWERS.COM by 0.5% in the third quarter. State Street Corp now owns 599,570 shares of the specialty retailer’s stock valued at $4,755,000 after buying an additional 2,886 shares in the last quarter. American Century Companies Inc. grew its stake in 1-800-FLOWERS.COM by 37.7% during the second quarter. American Century Companies Inc. now owns 557,420 shares of the specialty retailer’s stock worth $5,307,000 after buying an additional 152,536 shares during the last quarter. Finally, Empowered Funds LLC grew its stake in 1-800-FLOWERS.COM by 50.3% during the third quarter. Empowered Funds LLC now owns 340,637 shares of the specialty retailer’s stock worth $2,701,000 after buying an additional 114,072 shares during the last quarter. 38.43% of the stock is currently owned by institutional investors.

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.