1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS - Get Free Report) was the target of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 4,170,000 shares, an increase of 8.6% from the October 15th total of 3,840,000 shares. Based on an average trading volume of 296,200 shares, the short-interest ratio is currently 14.1 days. Approximately 15.3% of the company's shares are short sold.
1-800-FLOWERS.COM Stock Down 1.1 %
NASDAQ FLWS traded down $0.09 during trading hours on Friday, reaching $7.80. 908,537 shares of the company's stock traded hands, compared to its average volume of 409,772. 1-800-FLOWERS.COM has a 52-week low of $7.14 and a 52-week high of $11.42. The firm has a market cap of $500.92 million, a PE ratio of -55.71, a PEG ratio of 3.06 and a beta of 1.61. The firm has a 50-day simple moving average of $8.06 and a 200 day simple moving average of $8.90. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.44 and a quick ratio of 0.41.
1-800-FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last issued its earnings results 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. The business had revenue of $193.20 million during the quarter, compared to analysts' expectations of $246.88 million. 1-800-FLOWERS.COM had a negative net margin of 0.50% and a positive return on equity of 2.10%. The business's revenue for the quarter was down 28.2% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.48) earnings per share. Sell-side analysts anticipate that 1-800-FLOWERS.COM will post 0.17 EPS for the current fiscal year.
Wall Street Analyst Weigh In
FLWS has been the topic of a number of research reports. StockNews.com lowered shares of 1-800-FLOWERS.COM from a "buy" rating to a "hold" rating in a research note on Saturday, November 9th. DA Davidson lifted their price target on shares of 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the company a "neutral" rating in a research report on Thursday, October 31st.
Get Our Latest Analysis on 1-800-FLOWERS.COM
Insiders Place Their Bets
In other news, major shareholder Fund 1 Investments, Llc sold 40,000 shares of 1-800-FLOWERS.COM stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $7.80, for a total transaction of $312,000.00. Following the sale, the insider now owns 3,674,364 shares of the company's stock, valued at approximately $28,660,039.20. The trade was a 1.08 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 51.00% of the company's stock.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP raised its holdings in shares of 1-800-FLOWERS.COM by 5.2% during the second 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 during the last quarter. Vanguard Group Inc. raised its holdings in shares of 1-800-FLOWERS.COM by 0.6% during the first quarter. Vanguard Group Inc. now owns 1,625,239 shares of the specialty retailer's stock valued at $17,601,000 after purchasing an additional 10,061 shares during the last quarter. Gamco Investors INC. ET AL raised its holdings in shares of 1-800-FLOWERS.COM by 4.8% during the first quarter. Gamco Investors INC. ET AL now owns 1,098,900 shares of the specialty retailer's stock valued at $11,901,000 after purchasing an additional 50,000 shares during the last quarter. Sei Investments Co. raised its holdings in shares of 1-800-FLOWERS.COM by 15.7% during the second 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. Finally, State Street Corp raised its holdings in shares of 1-800-FLOWERS.COM by 0.5% during the third quarter. State Street Corp now owns 599,570 shares of the specialty retailer's stock valued at $4,755,000 after purchasing an additional 2,886 shares during the last quarter. 38.43% of the stock is owned by hedge funds and other institutional investors.
1-800-FLOWERS.COM Company Profile
(
Get Free Report)
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.
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