1-800-Flowers.Com (FLWS) Lowered to Buy at BidaskClub

BidaskClub lowered shares of 1-800-Flowers.Com (NASDAQ:FLWS) from a strong-buy rating to a buy rating in a report published on Friday morning.

FLWS has been the subject of a number of other research reports. Noble Financial cut shares of 1-800-Flowers.Com from a buy rating to a hold rating in a research note on Wednesday, May 2nd. Benchmark restated a buy rating and set a $14.00 price target (up previously from $13.00) on shares of 1-800-Flowers.Com in a research note on Wednesday, May 2nd. DA Davidson raised their price target on shares of 1-800-Flowers.Com from $10.00 to $11.00 and gave the stock a neutral rating in a research note on Wednesday, May 2nd. TheStreet cut shares of 1-800-Flowers.Com from a b rating to a c+ rating in a research note on Tuesday, May 1st. Finally, Northcoast Research restated a neutral rating on shares of 1-800-Flowers.Com in a research note on Wednesday, August 15th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the stock. 1-800-Flowers.Com currently has an average rating of Hold and an average price target of $13.25.

Shares of FLWS opened at $11.65 on Friday. The stock has a market cap of $808.31 million, a price-to-earnings ratio of 26.48, a price-to-earnings-growth ratio of 3.82 and a beta of 1.23. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.35 and a quick ratio of 1.77. 1-800-Flowers.Com has a 12 month low of $8.45 and a 12 month high of $15.00.

1-800-Flowers.Com (NASDAQ:FLWS) last announced its quarterly earnings results on Thursday, August 23rd. The specialty retailer reported ($0.12) EPS for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.01. The firm had revenue of $229.93 million during the quarter, compared to analysts’ expectations of $227.57 million. 1-800-Flowers.Com had a net margin of 3.54% and a return on equity of 9.56%. The company’s revenue for the quarter was down 4.0% compared to the same quarter last year. During the same quarter last year, the company earned ($0.11) earnings per share. sell-side analysts anticipate that 1-800-Flowers.Com will post 0.41 earnings per share for the current fiscal year.

In other news, General Counsel Gerard M. Gallagher sold 26,258 shares of the firm’s stock in a transaction that occurred on Wednesday, June 13th. The shares were sold at an average price of $12.79, for a total transaction of $335,839.82. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Christopher G. Mccann sold 15,000 shares of the firm’s stock in a transaction that occurred on Friday, June 1st. The stock was sold at an average price of $12.56, for a total transaction of $188,400.00. Following the sale, the chief executive officer now directly owns 965,626 shares of the company’s stock, valued at approximately $12,128,262.56. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 141,258 shares of company stock valued at $1,851,340. Company insiders own 61.39% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of FLWS. SG Americas Securities LLC acquired a new stake in shares of 1-800-Flowers.Com during the second quarter worth approximately $108,000. Tower Research Capital LLC TRC increased its holdings in shares of 1-800-Flowers.Com by 97.9% during the second quarter. Tower Research Capital LLC TRC now owns 9,159 shares of the specialty retailer’s stock worth $114,000 after buying an additional 4,531 shares in the last quarter. Tocqueville Asset Management L.P. acquired a new stake in shares of 1-800-Flowers.Com during the second quarter worth approximately $132,000. Voya Investment Management LLC acquired a new stake in shares of 1-800-Flowers.Com during the second quarter worth approximately $132,000. Finally, Barclays PLC increased its holdings in shares of 1-800-Flowers.Com by 103.0% during the first quarter. Barclays PLC now owns 11,791 shares of the specialty retailer’s stock worth $139,000 after buying an additional 5,983 shares in the last quarter. 33.37% of the stock is owned by institutional investors.

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 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.

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