1-800-FLOWERS.COM (NASDAQ:FLWS) Shares Down 5.2% - Here's Why

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS - Get Free Report)'s share price dropped 5.2% during mid-day trading on Monday . The company traded as low as $7.83 and last traded at $7.83. Approximately 104,590 shares traded hands during trading, a decline of 66% from the average daily volume of 312,128 shares. The stock had previously closed at $8.26.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on FLWS shares. 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 note on Thursday. StockNews.com upgraded shares of 1-800-FLOWERS.COM from a "hold" rating to a "buy" rating in a research report on Friday.

1-800-FLOWERS.COM Price Performance

The company has a market capitalization of $525.32 million, a price-to-earnings ratio of -58.43, a P/E/G ratio of 3.17 and a beta of 1.61. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.69 and a quick ratio of 0.92. The stock has a fifty day simple moving average of $7.97 and a 200-day simple moving average of $8.94.

1-800-FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last issued its quarterly earnings data on Thursday, October 31st. The specialty retailer reported ($0.51) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.53) by $0.02. 1-800-FLOWERS.COM had a positive return on equity of 2.04% and a negative net margin of 0.50%. The company had revenue of $193.20 million for the quarter, compared to analyst estimates of $246.88 million. During the same quarter last year, the company posted ($0.48) earnings per share. The business's quarterly revenue was down 28.2% compared to the same quarter last year. On average, 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 related news, major shareholder Fund 1 Investments, Llc sold 40,000 shares of the company's stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $7.80, for a total value of $312,000.00. Following the completion of the sale, the insider now owns 3,674,364 shares in the company, valued at approximately $28,660,039.20. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 49.77% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in FLWS. Dimensional Fund Advisors LP boosted its holdings in shares of 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 valued at $25,086,000 after purchasing an additional 129,627 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of 1-800-FLOWERS.COM by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 1,625,239 shares of the specialty retailer's stock worth $17,601,000 after acquiring an additional 10,061 shares during the last quarter. Gamco Investors INC. ET AL grew its stake in shares of 1-800-FLOWERS.COM by 4.8% in the 1st quarter. Gamco Investors INC. ET AL now owns 1,098,900 shares of the specialty retailer's stock worth $11,901,000 after acquiring an additional 50,000 shares in the last quarter. Sei Investments Co. increased its position in shares of 1-800-FLOWERS.COM by 15.7% during the second quarter. Sei Investments Co. now owns 686,961 shares of the specialty retailer's stock valued at $6,540,000 after acquiring an additional 93,041 shares during the last quarter. Finally, American Century Companies Inc. grew its position in 1-800-FLOWERS.COM by 37.7% during the second quarter. American Century Companies Inc. now owns 557,420 shares of the specialty retailer's stock valued at $5,307,000 after buying an additional 152,536 shares during the period. 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.