Weiss Ratings Reiterates Sell (E+) Rating for 1-800-FLOWERS.COM (NASDAQ:FLWS)

1-800-FLOWERS.COM (NASDAQ:FLWS)‘s stock had its “sell (e+)” rating reiterated by stock analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

A number of other equities research analysts have also recently commented on FLWS. DA Davidson restated a “neutral” rating and set a $7.50 target price on shares of 1-800-FLOWERS.COM in a research report on Thursday, January 30th. StockNews.com cut 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a report on Saturday, November 9th.

1-800-FLOWERS.COM Stock Performance

NASDAQ FLWS opened at $8.55 on Wednesday. The stock has a 50-day simple moving average of $8.03 and a two-hundred day simple moving average of $8.15. The firm has a market capitalization of $543.79 million, a P/E ratio of -77.73 and a beta of 1.58. 1-800-FLOWERS.COM has a fifty-two week low of $6.56 and a fifty-two week high of $11.42. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.03 and a current ratio of 1.51.

1-800-FLOWERS.COM (NASDAQ:FLWS) last posted its earnings results on Thursday, January 30th. The specialty retailer reported $1.08 EPS for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.11). 1-800-FLOWERS.COM had a negative net margin of 0.43% and a negative return on equity of 0.76%. On average, equities analysts forecast that 1-800-FLOWERS.COM will post -0.07 earnings per share for the current year.

Insider Buying and Selling

In other 1-800-FLOWERS.COM news, major shareholder Fund 1 Investments, Llc bought 396,004 shares of the firm’s stock in a transaction on Thursday, January 30th. The shares were acquired at an average cost of $7.73 per share, with a total value of $3,061,110.92. Following the purchase, the insider now directly owns 5,154,769 shares of the company’s stock, valued at $39,846,364.37. This trade represents a 8.32 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. In the last three months, insiders have bought 1,310,605 shares of company stock worth $10,322,986. Insiders own 51.00% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Fund 1 Investments LLC lifted its stake in 1-800-FLOWERS.COM by 12.4% in the 4th quarter. Fund 1 Investments LLC now owns 4,174,364 shares of the specialty retailer’s stock worth $34,105,000 after purchasing an additional 461,000 shares in the last quarter. Nomura Holdings Inc. lifted its stake in 1-800-FLOWERS.COM by 63.6% in the 4th quarter. Nomura Holdings Inc. now owns 2,941,572 shares of the specialty retailer’s stock worth $24,033,000 after purchasing an additional 1,143,027 shares in the last quarter. Gamco Investors INC. ET AL lifted its stake in 1-800-FLOWERS.COM by 6.3% in the 4th quarter. Gamco Investors INC. ET AL now owns 1,284,300 shares of the specialty retailer’s stock worth $10,493,000 after purchasing an additional 76,400 shares in the last quarter. State Street Corp lifted its stake in 1-800-FLOWERS.COM by 0.5% in the 3rd quarter. State Street Corp now owns 599,570 shares of the specialty retailer’s stock worth $4,755,000 after purchasing an additional 2,886 shares in the last quarter. Finally, Empowered Funds LLC lifted its stake in 1-800-FLOWERS.COM by 5.1% in the 4th quarter. Empowered Funds LLC now owns 357,988 shares of the specialty retailer’s stock worth $2,925,000 after purchasing an additional 17,351 shares in the last quarter. 38.43% of the stock is owned by hedge funds and other 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.