DA Davidson Reiterates "Neutral" Rating for 1-800-FLOWERS.COM (NASDAQ:FLWS)

DA Davidson reiterated their neutral rating on shares of 1-800-FLOWERS.COM (NASDAQ:FLWS - Free Report) in a research note released on Thursday morning,Benzinga reports. DA Davidson currently has a $7.50 price objective on the specialty retailer's stock.

Several other equities analysts also recently issued reports on FLWS. Weiss Ratings reiterated a "sell (e+)" rating on shares of 1-800-FLOWERS.COM in a research report on Saturday, January 18th. StockNews.com cut 1-800-FLOWERS.COM from a "buy" rating to a "hold" rating in a research report on Saturday, November 9th.

1-800-FLOWERS.COM Stock Down 3.2 %

FLWS stock traded down $0.26 during midday trading on Thursday, reaching $7.77. 1,156,932 shares of the company were exchanged, compared to its average volume of 610,030. The company has a market cap of $498.99 million, a price-to-earnings ratio of -70.64, a price-to-earnings-growth ratio of 3.15 and a beta of 1.58. 1-800-FLOWERS.COM has a 1-year low of $6.56 and a 1-year high of $11.42. The stock's 50-day simple moving average is $7.95 and its 200 day simple moving average is $8.24. 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 (NASDAQ:FLWS - Get Free Report) last issued its quarterly earnings data on Thursday, January 30th. The specialty retailer reported $1.08 earnings per share for the quarter, missing analysts' consensus estimates of $1.19 by ($0.11). 1-800-FLOWERS.COM had a negative return on equity of 0.77% and a negative net margin of 0.43%. On average, equities analysts forecast that 1-800-FLOWERS.COM will post 0.17 earnings per share for the current year.

Insider Activity

In related news, major shareholder Fund 1 Investments, Llc purchased 73,100 shares of the business's stock in a transaction that occurred on Tuesday, January 28th. The shares were bought at an average cost of $8.68 per share, with a total value of $634,508.00. Following the acquisition, the insider now owns 4,741,765 shares of the company's stock, valued at $41,158,520.20. This represents a 1.57 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Over the last quarter, insiders have bought 803,405 shares of company stock valued at $6,292,721. 51.00% of the stock is owned by insiders.

Institutional Trading of 1-800-FLOWERS.COM

A number of institutional investors and hedge funds have recently bought and sold shares of FLWS. Dimensional Fund Advisors LP increased its stake in 1-800-FLOWERS.COM by 5.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,635,093 shares of the specialty retailer's stock worth $25,086,000 after buying an additional 129,627 shares in the last quarter. State Street Corp raised its stake 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 acquiring an additional 2,886 shares in the last quarter. Empowered Funds LLC grew its holdings in 1-800-FLOWERS.COM by 5.1% during the 4th quarter. Empowered Funds LLC now owns 357,988 shares of the specialty retailer's stock worth $2,925,000 after acquiring an additional 17,351 shares in the last quarter. Rice Hall James & Associates LLC increased its holdings in shares of 1-800-FLOWERS.COM by 23.6% in the 3rd quarter. Rice Hall James & Associates LLC now owns 218,811 shares of the specialty retailer's stock valued at $1,735,000 after acquiring an additional 41,737 shares during the period. Finally, Aviance Capital Partners LLC raised its stake in shares of 1-800-FLOWERS.COM by 21.9% during the 3rd quarter. Aviance Capital Partners LLC now owns 158,052 shares of the specialty retailer's stock worth $1,253,000 after acquiring an additional 28,437 shares in the last quarter. 38.43% of the stock is currently owned by 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.