StockNews.com Downgrades 1-800-FLOWERS.COM (NASDAQ:FLWS) to Hold

1-800-FLOWERS.COM (NASDAQ:FLWS - Get Free Report) was downgraded by StockNews.com from a "buy" rating to a "hold" rating in a research note issued to investors on Saturday.

Separately, DA Davidson increased their price objective on 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.

1-800-FLOWERS.COM Price Performance

Shares of 1-800-FLOWERS.COM stock traded up $0.12 during trading on Friday, hitting $9.00. 463,274 shares of the stock traded hands, compared to its average volume of 283,653. The company has a quick ratio of 0.92, a current ratio of 1.44 and a debt-to-equity ratio of 0.40. The stock has a market cap of $577.98 million, a price-to-earnings ratio of -64.29, a PEG ratio of 3.46 and a beta of 1.61. The firm's fifty day moving average is $7.97 and its 200-day moving average is $8.93. 1-800-FLOWERS.COM has a 52 week low of $7.14 and a 52 week high of $11.42.

1-800-FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The specialty retailer reported ($0.51) EPS for the quarter, beating the consensus estimate of ($0.53) by $0.02. The firm had revenue of $193.20 million for the quarter, compared to analyst estimates of $246.88 million. 1-800-FLOWERS.COM had a positive return on equity of 2.10% and a negative net margin of 0.50%. The company's revenue was down 28.2% on a year-over-year basis. During the same period in the prior year, the company earned ($0.48) EPS. Research analysts expect that 1-800-FLOWERS.COM will post 0.17 EPS for the current fiscal year.

Insider Activity at 1-800-FLOWERS.COM

In related news, major shareholder Fund 1 Investments, Llc sold 40,000 shares of the stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $7.80, for a total transaction 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 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 49.77% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On 1-800-FLOWERS.COM

Several institutional investors have recently bought and sold shares of FLWS. Price T Rowe Associates Inc. MD lifted its holdings in 1-800-FLOWERS.COM by 6.4% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 21,265 shares of the specialty retailer's stock worth $231,000 after buying an additional 1,287 shares during the period. Hennion & Walsh Asset Management Inc. lifted 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 worth $353,000 after buying an additional 1,472 shares during the period. Federated Hermes Inc. lifted its holdings in 1-800-FLOWERS.COM by 8.9% in the 2nd quarter. Federated Hermes Inc. now owns 25,633 shares of the specialty retailer's stock worth $244,000 after buying an additional 2,100 shares during the period. Hsbc Holdings PLC lifted its holdings in 1-800-FLOWERS.COM by 7.2% in the 2nd quarter. Hsbc Holdings PLC now owns 32,034 shares of the specialty retailer's stock worth $304,000 after buying an additional 2,148 shares during the period. Finally, Gabelli Funds LLC lifted its holdings in 1-800-FLOWERS.COM by 3.4% in the 2nd quarter. Gabelli Funds LLC now owns 150,000 shares of the specialty retailer's stock worth $1,428,000 after buying an additional 5,000 shares during the period. 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.