1-800-Flowers.Com (NASDAQ:FLWS) issued an update on its FY 2020 earnings guidance on Thursday morning. The company provided earnings per share guidance of $0.56-0.57 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.59. The company issued revenue guidance of $1.34851284-1.36099907 billion, compared to the consensus revenue estimate of $1.32 billion.
Shares of NASDAQ FLWS opened at $15.29 on Friday. The firm’s 50-day moving average price is $19.02 and its 200-day moving average price is $18.67. The company has a current ratio of 2.28, a quick ratio of 1.75 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $1.10 billion, a price-to-earnings ratio of 33.45, a P/E/G ratio of 2.99 and a beta of 1.33. 1-800-Flowers.Com has a 12-month low of $10.01 and a 12-month high of $21.77.
1-800-Flowers.Com (NASDAQ:FLWS) last announced its earnings results on Thursday, August 22nd. The specialty retailer reported ($0.13) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.15) by $0.02. The firm had revenue of $259.40 million for the quarter, compared to analysts’ expectations of $255.15 million. 1-800-Flowers.Com had a net margin of 2.78% and a return on equity of 10.42%. The business’s revenue was up 12.8% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.12) EPS. On average, equities analysts predict that 1-800-Flowers.Com will post 0.58 EPS for the current fiscal year.
Several analysts have recently issued reports on FLWS shares. ValuEngine cut shares of 1-800-Flowers.Com from a strong-buy rating to a buy rating in a research report on Thursday, August 1st. BidaskClub lowered shares of 1-800-Flowers.Com from a hold rating to a sell rating in a research report on Tuesday, August 20th. Benchmark increased their price objective on shares of 1-800-Flowers.Com from $18.00 to $27.00 and gave the stock a buy rating in a research report on Wednesday, May 1st. Sidoti raised shares of 1-800-Flowers.Com from a neutral rating to a buy rating and set a $22.00 price objective on the stock in a research report on Friday, May 24th. Finally, Zacks Investment Research raised shares of 1-800-Flowers.Com from a hold rating to a strong-buy rating and set a $23.00 price objective on the stock in a research report on Thursday, August 1st. One analyst has rated the stock with a sell rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. 1-800-Flowers.Com currently has a consensus rating of Buy and a consensus target price of $21.54.
In other news, CEO Christopher G. Mccann sold 12,500 shares of the firm’s stock in a transaction that occurred on Wednesday, July 3rd. The shares were sold at an average price of $18.88, for a total transaction of $236,000.00. Following the transaction, the chief executive officer now directly owns 943,328 shares of the company’s stock, valued at $17,810,032.64. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Christopher G. Mccann sold 25,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $18.52, for a total transaction of $463,000.00. Following the transaction, the chief executive officer now directly owns 943,328 shares in the company, valued at $17,470,434.56. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 150,000 shares of company stock worth $2,895,125. Corporate insiders own 64.42% of the company’s stock.
1-800-Flowers.Com Company Profile
1-800-FLOWERS.COM, Inc, together with its subsidiaries, provides gourmet food and floral gifts for various occasions in the United States. It operates in three segments: Consumer Floral; Gourmet Foods & Gift Baskets; and BloomNet Wire Service. The company offers a range of products, including fresh-cut flowers, floral and fruit arrangements and plants, gifts, popcorn, gourmet foods and gift baskets, cookies, chocolates, candies, wine, and gift-quality fruits, as well as balloons, candles, keepsake gifts, jewelry, and plush stuffed animals.
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