1-800-FLOWERS.COM (NASDAQ:FLWS) Sets New 12-Month Low After Earnings Miss

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS - Get Free Report)'s share price hit a new 52-week low during trading on Thursday following a dissappointing earnings announcement. The company traded as low as $6.56 and last traded at $8.05, with a volume of 661873 shares changing hands. The stock had previously closed at $8.83.

The specialty retailer reported $1.08 earnings per share (EPS) for the quarter, missing the consensus estimate 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 0.77%.

Analyst Ratings Changes

FLWS has been the topic of a number of research analyst reports. DA Davidson reiterated a "neutral" rating and set a $7.50 target price on shares of 1-800-FLOWERS.COM in a research report on Thursday. StockNews.com lowered 1-800-FLOWERS.COM from a "buy" rating to a "hold" rating in a research report on Saturday, November 9th. Finally, Weiss Ratings reaffirmed a "sell (e+)" rating on shares of 1-800-FLOWERS.COM in a report on Saturday, January 18th.

Insider Buying and Selling

In other news, major shareholder Fund 1 Investments, Llc acquired 396,004 shares of the stock in a transaction that occurred on Thursday, January 30th. The shares were purchased at an average cost of $7.73 per share, for a total transaction of $3,061,110.92. Following the transaction, the insider now directly owns 5,154,769 shares in the company, valued at approximately $39,846,364.37. This represents a 8.32 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have purchased a total of 803,405 shares of company stock valued at $6,292,721 over the last quarter. 51.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. AQR Capital Management LLC boosted its position in shares of 1-800-FLOWERS.COM by 55.1% during the 2nd quarter. AQR Capital Management LLC now owns 136,020 shares of the specialty retailer's stock worth $1,295,000 after purchasing an additional 48,321 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of 1-800-FLOWERS.COM in the third quarter valued at about $106,000. nVerses Capital LLC purchased a new stake in 1-800-FLOWERS.COM during the third quarter worth about $41,000. Hennion & Walsh Asset Management Inc. grew its position in 1-800-FLOWERS.COM by 3.4% during the third 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. Finally, Rice Hall James & Associates LLC increased its holdings in 1-800-FLOWERS.COM by 23.6% in the third quarter. Rice Hall James & Associates LLC now owns 218,811 shares of the specialty retailer's stock valued at $1,735,000 after buying an additional 41,737 shares in the last quarter. Institutional investors and hedge funds own 38.43% of the company's stock.

1-800-FLOWERS.COM Stock Performance

The stock's 50-day moving average price is $7.96 and its 200-day moving average price is $8.26. The company has a market capitalization of $498.99 million, a price-to-earnings ratio of -70.64, a P/E/G ratio of 3.15 and a beta of 1.58. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.41 and a current ratio of 1.44.

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.