1-800-Flowers.Com (FLWS) Raised to Strong-Buy at ValuEngine

ValuEngine upgraded shares of 1-800-Flowers.Com (NASDAQ:FLWS) from a buy rating to a strong-buy rating in a research note issued to investors on Thursday.

FLWS has been the topic of a number of other reports. BidaskClub downgraded shares of 1-800-Flowers.Com from a hold rating to a sell rating in a research report on Friday, October 26th. Zacks Investment Research raised shares of 1-800-Flowers.Com from a sell rating to a hold rating in a research report on Tuesday, September 18th. Cann reaffirmed a sell rating on shares of 1-800-Flowers.Com in a research report on Monday, October 15th. Sidoti raised shares of 1-800-Flowers.Com from a neutral rating to a buy rating in a research report on Thursday, October 25th. Finally, Benchmark reaffirmed a buy rating and issued a $16.00 target price (up from $14.00) on shares of 1-800-Flowers.Com in a research report on Wednesday, August 22nd. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. 1-800-Flowers.Com has an average rating of Hold and a consensus target price of $13.33.

1-800-Flowers.Com stock traded down $0.33 during mid-day trading on Thursday, reaching $13.37. 415,287 shares of the company traded hands, compared to its average volume of 213,847. The company has a current ratio of 2.19, a quick ratio of 1.48 and a debt-to-equity ratio of 0.29. The company has a market cap of $863.57 million, a P/E ratio of 30.39, a PEG ratio of 3.34 and a beta of 1.11. 1-800-Flowers.Com has a 52-week low of $8.85 and a 52-week high of $15.00.

1-800-Flowers.Com (NASDAQ:FLWS) last issued its quarterly earnings data on Thursday, November 1st. The specialty retailer reported ($0.27) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.30) by $0.03. The business had revenue of $169.50 million for the quarter, compared to the consensus estimate of $165.59 million. 1-800-Flowers.Com had a net margin of 3.16% and a return on equity of 7.82%. The company’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.20) EPS. Analysts predict that 1-800-Flowers.Com will post 0.4 EPS for the current fiscal year.

In other news, CEO Christopher G. Mccann sold 12,500 shares of the company’s stock in a transaction dated Friday, October 12th. The shares were sold at an average price of $11.10, for a total value of $138,750.00. Following the sale, the chief executive officer now directly owns 937,328 shares of the company’s stock, valued at approximately $10,404,340.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Christopher G. Mccann sold 15,000 shares of the company’s stock in a transaction dated Tuesday, September 4th. The stock was sold at an average price of $11.83, for a total transaction of $177,450.00. The disclosure for this sale can be found here. Insiders sold a total of 58,750 shares of company stock worth $709,788 over the last ninety days. Insiders own 53.17% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the company. First Quadrant L P CA grew its position in shares of 1-800-Flowers.Com by 26.8% in the 3rd quarter. First Quadrant L P CA now owns 47,260 shares of the specialty retailer’s stock worth $558,000 after buying an additional 9,992 shares during the period. North Star Investment Management Corp. boosted its stake in 1-800-Flowers.Com by 4.1% in the 3rd quarter. North Star Investment Management Corp. now owns 251,375 shares of the specialty retailer’s stock worth $2,966,000 after purchasing an additional 10,000 shares in the last quarter. Northern Trust Corp boosted its stake in 1-800-Flowers.Com by 9.4% in the 2nd quarter. Northern Trust Corp now owns 366,945 shares of the specialty retailer’s stock worth $4,605,000 after purchasing an additional 31,595 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in 1-800-Flowers.Com by 2.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 210,411 shares of the specialty retailer’s stock worth $2,641,000 after purchasing an additional 5,740 shares in the last quarter. Finally, California Public Employees Retirement System boosted its stake in 1-800-Flowers.Com by 2.9% in the 2nd quarter. California Public Employees Retirement System now owns 126,067 shares of the specialty retailer’s stock worth $1,582,000 after purchasing an additional 3,564 shares in the last quarter. 32.95% of the stock is currently owned by hedge funds and other 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 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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