FLWS has been the subject of a number of other research reports. Zacks Investment Research lowered 1-800-Flowers.Com from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, June 3rd. Craig Hallum boosted their price objective on shares of 1-800-Flowers.Com from $26.00 to $30.00 and gave the company a “buy” rating in a report on Thursday, June 18th. Noble Financial restated a “buy” rating and issued a $25.00 target price on shares of 1-800-Flowers.Com in a report on Friday, May 1st. ValuEngine lowered shares of 1-800-Flowers.Com from a “buy” rating to a “hold” rating in a research note on Thursday, April 2nd. Finally, DA Davidson downgraded 1-800-Flowers.Com from a “neutral” rating to an “underperform” rating and set a $17.00 price target on the stock. in a research note on Tuesday, June 2nd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the stock. 1-800-Flowers.Com has an average rating of “Hold” and an average target price of $24.67.
Shares of FLWS opened at $20.25 on Wednesday. 1-800-Flowers.Com has a twelve month low of $11.15 and a twelve month high of $26.81. The company has a market capitalization of $1.30 billion, a P/E ratio of 33.20 and a beta of 1.42. The firm has a 50 day moving average of $22.26 and a 200 day moving average of $17.17. The company has a quick ratio of 1.66, a current ratio of 2.10 and a debt-to-equity ratio of 0.39.
1-800-Flowers.Com (NASDAQ:FLWS) last issued its earnings results on Thursday, April 30th. The specialty retailer reported ($0.14) EPS for the quarter, beating the consensus estimate of ($0.17) by $0.03. 1-800-Flowers.Com had a return on equity of 11.39% and a net margin of 3.07%. The business had revenue of $278.80 million for the quarter, compared to the consensus estimate of $264.24 million. During the same period last year, the business posted ($0.13) EPS. The company’s revenue was up 12.4% compared to the same quarter last year. On average, sell-side analysts expect that 1-800-Flowers.Com will post 0.94 EPS for the current year.
Several institutional investors have recently modified their holdings of the company. BlackRock Inc. grew its position in shares of 1-800-Flowers.Com by 3.3% during the 1st quarter. BlackRock Inc. now owns 2,550,389 shares of the specialty retailer’s stock valued at $33,742,000 after acquiring an additional 81,706 shares during the period. TimesSquare Capital Management LLC purchased a new position in 1-800-Flowers.Com during the first quarter valued at $13,374,000. Nuveen Asset Management LLC lifted its position in 1-800-Flowers.Com by 19.0% during the first quarter. Nuveen Asset Management LLC now owns 770,987 shares of the specialty retailer’s stock valued at $10,200,000 after purchasing an additional 123,366 shares in the last quarter. State Street Corp grew its holdings in 1-800-Flowers.Com by 1.9% during the first quarter. State Street Corp now owns 632,897 shares of the specialty retailer’s stock valued at $8,373,000 after purchasing an additional 11,924 shares during the period. Finally, Penserra Capital Management LLC increased its position in 1-800-Flowers.Com by 2.2% in the fourth quarter. Penserra Capital Management LLC now owns 453,880 shares of the specialty retailer’s stock worth $7,053,000 after buying an additional 9,630 shares in the last quarter. Institutional investors and hedge funds own 42.02% 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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