1-800-Flowers (NASDAQ:FLWS) had its price target hoisted by DA Davidson from $10.00 to $11.00 in a research report sent to investors on Wednesday. The brokerage currently has a neutral rating on the specialty retailer’s stock. DA Davidson also issued estimates for 1-800-Flowers’ FY2018 earnings at $0.42 EPS, Q1 2019 earnings at ($0.24) EPS, Q2 2019 earnings at $1.02 EPS, Q3 2019 earnings at ($0.16) EPS, Q4 2019 earnings at ($0.10) EPS and FY2019 earnings at $0.54 EPS.
Several other equities analysts have also issued reports on FLWS. Zacks Investment Research raised 1-800-Flowers from a sell rating to a hold rating in a report on Tuesday, January 9th. Benchmark reduced their target price on 1-800-Flowers to $13.00 and set a buy rating for the company in a report on Thursday, February 1st. BidaskClub raised 1-800-Flowers from a hold rating to a buy rating in a report on Friday, February 9th. Sidoti lowered 1-800-Flowers from a buy rating to a neutral rating in a report on Tuesday, February 27th. Finally, ValuEngine raised 1-800-Flowers from a hold rating to a buy rating in a report on Friday, March 2nd. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of Hold and a consensus target price of $12.75.
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Shares of FLWS stock remained flat at $$12.15 during trading on Wednesday. The stock had a trading volume of 107,260 shares, compared to its average volume of 161,923. The company has a market capitalization of $784.11, a price-to-earnings ratio of 27.61, a PEG ratio of 2.09 and a beta of 1.16. The company has a current ratio of 1.92, a quick ratio of 1.60 and a debt-to-equity ratio of 0.29. 1-800-Flowers has a 52 week low of $7.80 and a 52 week high of $13.32.
1-800-Flowers (NASDAQ:FLWS) last released its earnings results on Tuesday, May 1st. The specialty retailer reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.12) by ($0.01). The business had revenue of $238.50 million during the quarter, compared to the consensus estimate of $230.78 million. 1-800-Flowers had a net margin of 4.91% and a return on equity of 10.11%. The business’s revenue was up 2.1% on a year-over-year basis. During the same period in the prior year, the company earned ($0.17) earnings per share. equities research analysts anticipate that 1-800-Flowers will post 0.41 earnings per share for the current year.
In other 1-800-Flowers news, Director James A. Cannavino sold 40,000 shares of the stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $10.72, for a total transaction of $428,800.00. Following the completion of the transaction, the director now directly owns 69,719 shares of the company’s stock, valued at $747,387.68. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Christopher G. Mccann sold 15,000 shares of the stock in a transaction on Thursday, March 15th. The stock was sold at an average price of $12.73, for a total value of $190,950.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 102,000 shares of company stock valued at $1,195,650. 53.17% of the stock is owned by corporate insiders.
Several large investors have recently bought and sold shares of FLWS. Wells Fargo & Company MN lifted its position in shares of 1-800-Flowers by 57.8% during the third quarter. Wells Fargo & Company MN now owns 34,000 shares of the specialty retailer’s stock worth $335,000 after acquiring an additional 12,449 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its position in shares of 1-800-Flowers by 5.8% during the third quarter. Schwab Charles Investment Management Inc. now owns 112,579 shares of the specialty retailer’s stock worth $1,109,000 after acquiring an additional 6,128 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of 1-800-Flowers by 3.9% during the third quarter. Dimensional Fund Advisors LP now owns 2,770,303 shares of the specialty retailer’s stock worth $27,287,000 after acquiring an additional 103,005 shares in the last quarter. Simplex Trading LLC lifted its position in shares of 1-800-Flowers by 1,064.4% during the fourth quarter. Simplex Trading LLC now owns 11,446 shares of the specialty retailer’s stock worth $122,000 after acquiring an additional 10,463 shares in the last quarter. Finally, North Star Investment Management Corp. raised its position in shares of 1-800-Flowers by 2.2% in the fourth quarter. North Star Investment Management Corp. now owns 231,375 shares of the specialty retailer’s stock worth $2,476,000 after buying an additional 5,000 shares in the last quarter. Hedge funds and other institutional investors own 32.94% of the company’s stock.
1-800-Flowers Company Profile
1-800-Flowers.com, Inc, together with its subsidiaries, provides gourmet food and floral gifts for various occasions in the United States. It operates in three segments: Consumer Floral; Gourmet Food and Gift Baskets; and BloomNet Wire Service. The company offers a range of products, including fresh-cut flowers, floral and fruit arrangements and plants, gifts, popcorn, gourmet foods and gift baskets, cookies, chocolates, candies, wine, and gift-quality fruits, as well as balloons, candles, keepsake gifts, and plush stuffed animals.