Analysts’ Weekly Ratings Changes for 1-800-Flowers.Com (FLWS)

A number of firms have modified their ratings and price targets on shares of 1-800-Flowers.Com (NASDAQ: FLWS) recently:

  • 8/1/2019 – 1-800-Flowers.Com was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $23.00 price target on the stock. According to Zacks, “1-800-FLOWERS.COM, Inc. is a leading e-commerce provider of floral products and gifts, in terms of number of customers and revenue. With the development of the company’s online business and a strategic acquisition, they have continuously expanded their product offerings, most recently to include gourmet foods and home and garden merchandise. As a result, the company has developed relationships with customers who purchase products not only for gifting occasions but also for everyday consumption. “
  • 8/1/2019 – 1-800-Flowers.Com was downgraded by analysts at ValuEngine from a “strong-buy” rating to a “buy” rating.
  • 7/17/2019 – 1-800-Flowers.Com was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “1-800-FLOWERS.COM, Inc. is a leading e-commerce provider of floral products and gifts, in terms of number of customers and revenue. With the development of the company’s online business and a strategic acquisition, they have continuously expanded their product offerings, most recently to include gourmet foods and home and garden merchandise. As a result, the company has developed relationships with customers who purchase products not only for gifting occasions but also for everyday consumption. “
  • 7/16/2019 – 1-800-Flowers.Com was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $21.00 price target on the stock. According to Zacks, “1-800-FLOWERS.COM, Inc. is a leading e-commerce provider of floral products and gifts, in terms of number of customers and revenue. With the development of the company’s online business and a strategic acquisition, they have continuously expanded their product offerings, most recently to include gourmet foods and home and garden merchandise. As a result, the company has developed relationships with customers who purchase products not only for gifting occasions but also for everyday consumption. “
  • 7/3/2019 – 1-800-Flowers.Com was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “1-800-FLOWERS.COM, Inc. is a leading e-commerce provider of floral products and gifts, in terms of number of customers and revenue. With the development of the company’s online business and a strategic acquisition, they have continuously expanded their product offerings, most recently to include gourmet foods and home and garden merchandise. As a result, the company has developed relationships with customers who purchase products not only for gifting occasions but also for everyday consumption. “
  • 6/13/2019 – 1-800-Flowers.Com was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 6/7/2019 – 1-800-Flowers.Com was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.

Shares of NASDAQ:FLWS traded down $0.31 during trading on Friday, hitting $18.93. 224,965 shares of the company were exchanged, compared to its average volume of 368,331. The firm has a market cap of $1.29 billion, a P/E ratio of 43.02, a PEG ratio of 3.49 and a beta of 1.37. The firm’s 50 day moving average is $19.36. 1-800-Flowers.Com Inc has a 52-week low of $10.01 and a 52-week high of $21.77. The company has a current ratio of 2.28, a quick ratio of 1.75 and a debt-to-equity ratio of 0.24.

1-800-Flowers.Com (NASDAQ:FLWS) last posted its earnings results on Tuesday, April 30th. The specialty retailer reported ($0.13) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.18) by $0.05. The firm had revenue of $248.40 million for the quarter, compared to the consensus estimate of $243.12 million. 1-800-Flowers.Com had a return on equity of 10.79% and a net margin of 2.86%. The business’s quarterly revenue was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.15) earnings per share. On average, analysts anticipate that 1-800-Flowers.Com Inc will post 0.5 earnings per share for the current fiscal year.

In other 1-800-Flowers.Com news, CEO Christopher G. Mccann sold 12,500 shares of the stock in a transaction on Wednesday, July 3rd. The stock was sold at an average price of $18.88, for a total transaction of $236,000.00. Following the sale, the chief executive officer now owns 943,328 shares in the company, valued at $17,810,032.64. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Christopher G. Mccann sold 25,000 shares of the stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $19.97, for a total value of $499,250.00. Following the sale, the chief executive officer now owns 943,328 shares in the company, valued at approximately $18,838,260.16. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 175,000 shares of company stock worth $3,383,125. Company insiders own 64.42% of the company’s stock.

Several hedge funds have recently modified their holdings of FLWS. Legal & General Group Plc raised its position in shares of 1-800-Flowers.Com by 39.3% in the fourth quarter. Legal & General Group Plc now owns 5,338 shares of the specialty retailer’s stock worth $65,000 after buying an additional 1,506 shares in the last quarter. BNP Paribas Arbitrage SA raised its position in shares of 1-800-Flowers.Com by 686.0% in the first quarter. BNP Paribas Arbitrage SA now owns 5,549 shares of the specialty retailer’s stock worth $101,000 after buying an additional 4,843 shares in the last quarter. SG Americas Securities LLC purchased a new stake in shares of 1-800-Flowers.Com in the first quarter worth $102,000. Metropolitan Life Insurance Co. NY raised its position in shares of 1-800-Flowers.Com by 395.2% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 8,978 shares of the specialty retailer’s stock worth $110,000 after buying an additional 7,165 shares in the last quarter. Finally, First Mercantile Trust Co. purchased a new stake in shares of 1-800-Flowers.Com in the first quarter worth $149,000. Institutional investors own 36.64% of the company’s stock.

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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