1-800-FLOWERS.COM (NASDAQ:FLWS) Earns “Neutral” Rating from DA Davidson

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

Other analysts also recently issued reports about the stock. StockNews.com downgraded shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a report on Saturday, November 9th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research report on Saturday, January 18th.

1-800-FLOWERS.COM Trading Down 8.4 %

1-800-FLOWERS.COM stock opened at $8.09 on Thursday. 1-800-FLOWERS.COM has a one year low of $6.56 and a one year high of $11.42. The company’s fifty day moving average price is $7.96 and its two-hundred day moving average price is $8.31. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.44 and a quick ratio of 0.41. The company has a market capitalization of $519.54 million, a price-to-earnings ratio of -57.79, a PEG ratio of 3.29 and a beta of 1.58.

1-800-FLOWERS.COM (NASDAQ:FLWS) 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 net margin of 0.50% and a positive return on equity of 2.10%. On average, analysts forecast that 1-800-FLOWERS.COM will post 0.17 earnings per share for the current fiscal year.

Insider Transactions at 1-800-FLOWERS.COM

In other news, major shareholder Fund 1 Investments, Llc bought 37,000 shares of the firm’s stock in a transaction that occurred on Friday, January 17th. The shares were acquired at an average cost of $8.15 per share, with a total value of $301,550.00. Following the completion of the transaction, the insider now directly owns 4,579,364 shares in the company, valued at $37,321,816.60. This represents a 0.81 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last quarter, insiders have purchased 803,405 shares of company stock worth $6,292,721. Insiders own 51.00% of the company’s stock.

Hedge Funds Weigh In On 1-800-FLOWERS.COM

Large investors have recently added to or reduced their stakes in the company. nVerses Capital LLC bought a new stake in shares of 1-800-FLOWERS.COM during the third quarter valued at approximately $41,000. SG Americas Securities LLC bought a new stake in 1-800-FLOWERS.COM in the 3rd quarter valued at $106,000. JPMorgan Chase & Co. raised its stake in shares of 1-800-FLOWERS.COM by 13.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 14,095 shares of the specialty retailer’s stock valued at $112,000 after buying an additional 1,623 shares in the last quarter. Paloma Partners Management Co acquired a new position in shares of 1-800-FLOWERS.COM in the 3rd quarter valued at $121,000. Finally, Arkadios Wealth Advisors lifted its holdings in shares of 1-800-FLOWERS.COM by 12.9% during the 4th quarter. Arkadios Wealth Advisors now owns 35,215 shares of the specialty retailer’s stock worth $288,000 after acquiring an additional 4,015 shares during the period. 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.