1-800-FLOWERS.COM (NASDAQ:FLWS) Trading 4.9% Higher - Should You Buy?

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS - Get Free Report)'s stock price shot up 4.9% during mid-day trading on Monday . The company traded as high as $8.21 and last traded at $8.16. 257,451 shares changed hands during trading, a decline of 22% from the average session volume of 328,824 shares. The stock had previously closed at $7.78.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. StockNews.com cut shares of 1-800-FLOWERS.COM from a "buy" rating to a "hold" rating in a research report on Saturday, November 9th. DA Davidson increased their target price on shares of 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the stock a "neutral" rating in a report on Thursday, October 31st.

1-800-FLOWERS.COM Price Performance

The company has a 50 day moving average of $8.01 and a 200 day moving average of $8.53. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.41 and a current ratio of 1.44. The stock has a market capitalization of $524.04 million, a price-to-earnings ratio of -58.29, a PEG ratio of 3.23 and a beta of 1.60.

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, topping analysts' consensus estimates of ($0.53) by $0.02. The business had revenue of $193.20 million during the quarter, compared to the consensus estimate 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 business's revenue for the quarter was down 28.2% on a year-over-year basis. During the same period in the previous year, the company posted ($0.48) earnings per share. As a group, equities research analysts anticipate that 1-800-FLOWERS.COM, Inc. will post 0.17 EPS for the current year.

Insider Buying and Selling at 1-800-FLOWERS.COM

In other news, major shareholder Fund 1 Investments, Llc sold 40,000 shares of the company's 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 transaction, the insider now directly owns 3,674,364 shares of the company's stock, valued at approximately $28,660,039.20. This represents a 1.08 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 51.00% of the company's stock.

Institutional Trading of 1-800-FLOWERS.COM

Institutional investors have recently modified their holdings of the stock. Bank of New York Mellon Corp grew its holdings in shares of 1-800-FLOWERS.COM by 6.3% during the second quarter. Bank of New York Mellon Corp now owns 111,029 shares of the specialty retailer's stock worth $1,057,000 after purchasing an additional 6,586 shares during the last quarter. Acadian Asset Management LLC increased its position in 1-800-FLOWERS.COM by 1,585.9% during the second quarter. Acadian Asset Management LLC now owns 376,131 shares of the specialty retailer's stock worth $3,576,000 after buying an additional 353,821 shares during the period. Rice Hall James & Associates LLC boosted its holdings in shares of 1-800-FLOWERS.COM by 17.7% in the second quarter. Rice Hall James & Associates LLC now owns 177,074 shares of the specialty retailer's stock valued at $1,686,000 after acquiring an additional 26,630 shares during the period. American Century Companies Inc. raised its position in 1-800-FLOWERS.COM by 37.7% in the 2nd quarter. American Century Companies Inc. now owns 557,420 shares of the specialty retailer's stock valued at $5,307,000 after purchasing an additional 152,536 shares during the last quarter. Finally, Cornercap Investment Counsel Inc. boosted its stake in 1-800-FLOWERS.COM by 20.9% during the 2nd quarter. Cornercap Investment Counsel Inc. now owns 54,757 shares of the specialty retailer's stock worth $521,000 after purchasing an additional 9,467 shares during the period. Hedge funds and other institutional investors own 38.43% of the company's stock.

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.