Brokerages Set 1-800-Flowers.Com Inc (FLWS) Target Price at $18.06

1-800-Flowers.Com Inc (NASDAQ:FLWS) has earned an average recommendation of “Buy” from the ten ratings firms that are covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and three have given a strong buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $18.06.

A number of equities analysts recently issued reports on the company. BidaskClub upgraded 1-800-Flowers.Com from a “buy” rating to a “strong-buy” rating in a research note on Friday, March 22nd. DA Davidson raised 1-800-Flowers.Com from a “neutral” rating to a “buy” rating and set a $18.25 price target on the stock in a research report on Tuesday, March 19th. Sidoti downgraded 1-800-Flowers.Com from a “buy” rating to a “neutral” rating in a research report on Wednesday, February 6th. Zacks Investment Research raised 1-800-Flowers.Com from a “hold” rating to a “strong-buy” rating and set a $19.00 price target on the stock in a research report on Monday, February 4th. Finally, TheStreet raised 1-800-Flowers.Com from a “c+” rating to a “b” rating in a research report on Friday, February 1st.

In other news, CEO Christopher G. Mccann sold 25,000 shares of the firm’s stock in a transaction dated Thursday, January 31st. The stock was sold at an average price of $14.35, for a total transaction of $358,750.00. Following the sale, the chief executive officer now directly owns 943,328 shares in the company, valued at approximately $13,536,756.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Arnold P. Leap sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, February 6th. The shares were sold at an average price of $17.03, for a total value of $34,060.00. Following the sale, the insider now owns 30,381 shares in the company, valued at $517,388.43. The disclosure for this sale can be found here. Insiders have sold a total of 169,500 shares of company stock worth $2,876,685 over the last ninety days. 64.42% of the stock is owned by insiders.

Several large investors have recently bought and sold shares of FLWS. One Wealth Advisors LLC boosted its holdings in 1-800-Flowers.Com by 5.7% in the 4th quarter. One Wealth Advisors LLC now owns 16,834 shares of the specialty retailer’s stock worth $206,000 after buying an additional 908 shares during the last quarter. Legal & General Group Plc increased its holdings in 1-800-Flowers.Com by 39.3% in the 4th quarter. Legal & General Group Plc now owns 5,338 shares of the specialty retailer’s stock valued at $65,000 after purchasing an additional 1,506 shares during the last quarter. Jane Street Group LLC acquired a new stake in 1-800-Flowers.Com in the 4th quarter valued at approximately $730,000. Municipal Employees Retirement System of Michigan acquired a new stake in 1-800-Flowers.Com in the 4th quarter valued at approximately $621,000. Finally, Metropolitan Life Insurance Co. NY increased its holdings in 1-800-Flowers.Com by 395.2% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 8,978 shares of the specialty retailer’s stock valued at $110,000 after purchasing an additional 7,165 shares during the last quarter. Hedge funds and other institutional investors own 32.98% of the company’s stock.

Shares of FLWS traded down $0.02 during midday trading on Friday, hitting $18.56. 4,488 shares of the company’s stock traded hands, compared to its average volume of 402,851. 1-800-Flowers.Com has a 1 year low of $10.01 and a 1 year high of $19.05. The company has a current ratio of 1.92, a quick ratio of 1.60 and a debt-to-equity ratio of 0.24. The firm has a market cap of $1.21 billion, a PE ratio of 42.23, a P/E/G ratio of 4.12 and a beta of 1.31.

1-800-Flowers.Com (NASDAQ:FLWS) last issued its quarterly earnings data on Thursday, January 31st. The specialty retailer reported $1.04 EPS for the quarter, beating the consensus estimate of $0.97 by $0.07. The firm had revenue of $571.32 million during the quarter, compared to analyst estimates of $554.50 million. 1-800-Flowers.Com had a return on equity of 10.94% and a net margin of 2.86%. As a group, research analysts forecast that 1-800-Flowers.Com will post 0.46 EPS for the current year.

About 1-800-Flowers.Com

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 Foods & 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, jewelry, and plush stuffed animals.

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Analyst Recommendations for 1-800-Flowers.Com (NASDAQ:FLWS)

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