DA Davidson Reaffirms “Neutral” Rating for 1-800-FLOWERS.COM (NASDAQ:FLWS)

1-800-FLOWERS.COM (NASDAQ:FLWS)‘s stock had its “neutral” rating reiterated by DA Davidson in a research note issued to investors on Thursday,Benzinga reports. They presently have a $7.50 target price on the specialty retailer’s stock. DA Davidson’s price objective suggests a potential downside of 6.60% from the company’s current price.

Several other analysts also recently weighed in on the stock. Weiss Ratings reissued a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a report on Saturday, January 18th. StockNews.com lowered 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a report on Saturday, November 9th.

1-800-FLOWERS.COM Stock Down 0.7 %

Shares of 1-800-FLOWERS.COM stock opened at $8.03 on Thursday. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.44 and a quick ratio of 0.41. The firm’s 50-day moving average is $7.96 and its two-hundred day moving average is $8.29. 1-800-FLOWERS.COM has a 1 year low of $6.56 and a 1 year high of $11.42. The stock has a market cap of $515.69 million, a price-to-earnings ratio of -57.36, a PEG ratio of 3.46 and a beta of 1.58.

1-800-FLOWERS.COM (NASDAQ:FLWS) last released its quarterly earnings results on Thursday, January 30th. The specialty retailer reported $1.08 EPS for the quarter, missing the consensus estimate of $1.19 by ($0.11). 1-800-FLOWERS.COM had a negative net margin of 0.50% and a positive return on equity of 2.10%. As a group, research analysts expect that 1-800-FLOWERS.COM will post 0.17 earnings per share for the current fiscal year.

Insider Activity

In other news, major shareholder Fund 1 Investments, Llc sold 40,000 shares of the stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $7.80, for a total value of $312,000.00. Following the completion of the sale, the insider now directly owns 3,674,364 shares in the company, valued at $28,660,039.20. This represents a 1.08 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders have purchased a total of 803,405 shares of company stock worth $6,292,721 over the last 90 days. 51.00% of the stock is currently owned by company insiders.

Institutional Trading of 1-800-FLOWERS.COM

Large investors have recently added to or reduced their stakes in the stock. Hennion & Walsh Asset Management Inc. boosted its holdings in 1-800-FLOWERS.COM by 3.4% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 44,533 shares of the specialty retailer’s stock valued at $353,000 after purchasing an additional 1,472 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of 1-800-FLOWERS.COM by 13.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 14,095 shares of the specialty retailer’s stock valued at $112,000 after buying an additional 1,623 shares during the period. Hsbc Holdings PLC lifted its holdings in 1-800-FLOWERS.COM by 7.2% in the second quarter. Hsbc Holdings PLC now owns 32,034 shares of the specialty retailer’s stock valued at $304,000 after acquiring an additional 2,148 shares during the last quarter. State Street Corp grew 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 worth $4,755,000 after acquiring an additional 2,886 shares during the period. Finally, Arkadios Wealth Advisors increased its stake in 1-800-FLOWERS.COM by 12.9% during the fourth quarter. Arkadios Wealth Advisors now owns 35,215 shares of the specialty retailer’s stock worth $288,000 after acquiring an additional 4,015 shares during the last quarter. 38.43% of the stock is currently owned by hedge funds and other 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.