1-800-FLOWERS.COM (NASDAQ:FLWS) Given "Sell (E+)" Rating at Weiss Ratings

1-800-FLOWERS.COM (NASDAQ:FLWS - Get Free Report)'s stock had its "sell (e+)" rating restated by Weiss Ratings in a research report issued to clients and investors on Saturday,Weiss Ratings reports.

Separately, DA Davidson reissued a "neutral" rating and issued a $7.50 price objective on shares of 1-800-FLOWERS.COM in a research report on Friday, March 14th.

1-800-FLOWERS.COM Stock Down 0.3 %

Shares of FLWS traded down $0.02 during mid-day trading on Friday, hitting $5.96. 346,934 shares of the company's stock were exchanged, compared to its average volume of 390,699. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.51 and a quick ratio of 1.03. 1-800-FLOWERS.COM has a 52 week low of $5.43 and a 52 week high of $11.10. The company has a 50-day simple moving average of $7.44 and a 200 day simple moving average of $7.76. The company has a market cap of $379.06 million, a PE ratio of -54.18 and a beta of 1.81.

1-800-FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The specialty retailer reported $1.08 earnings per share 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 0.76%. On average, research analysts forecast that 1-800-FLOWERS.COM will post -0.07 earnings per share for the current fiscal year.

Remove Ads

Insider Activity

In other news, major shareholder Fund 1 Investments, Llc purchased 396,004 shares of 1-800-FLOWERS.COM stock in a transaction that occurred on Thursday, January 30th. The stock was acquired at an average cost of $7.73 per share, for a total transaction of $3,061,110.92. Following the purchase, the insider now directly owns 5,154,769 shares of the company's stock, valued at $39,846,364.37. This trade represents a 8.32 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders acquired a total of 2,165,105 shares of company stock valued at $16,346,791 over the last three months. Insiders own 51.00% of the company's stock.

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

Hedge funds and other institutional investors have recently modified their holdings of the company. Jones Financial Companies Lllp increased its stake in 1-800-FLOWERS.COM by 120.1% during the 4th quarter. Jones Financial Companies Lllp now owns 3,664 shares of the specialty retailer's stock worth $30,000 after acquiring an additional 1,999 shares during the period. KLP Kapitalforvaltning AS acquired a new stake in shares of 1-800-FLOWERS.COM during the fourth quarter valued at about $37,000. Quantbot Technologies LP acquired a new stake in 1-800-FLOWERS.COM during the 4th quarter worth approximately $84,000. XTX Topco Ltd bought a new stake in shares of 1-800-FLOWERS.COM in the fourth quarter worth $92,000. Finally, Inceptionr LLC bought a new position in 1-800-FLOWERS.COM during the fourth quarter worth $101,000. Institutional investors and hedge funds 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.