1-800-FLOWERS.COM (NASDAQ:FLWS) Given Sell (E+) Rating at Weiss Ratings

Weiss Ratings reiterated their sell (e+) rating on shares of 1-800-FLOWERS.COM (NASDAQ:FLWS) in a research note issued to investors on Wednesday,Weiss Ratings reports.

A number of other research analysts have also weighed in on FLWS. StockNews.com lowered shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a report on Saturday, November 9th. DA Davidson restated a “neutral” rating and issued a $7.50 target price on shares of 1-800-FLOWERS.COM in a report on Thursday, January 30th.

1-800-FLOWERS.COM Stock Down 6.7 %

Shares of FLWS stock opened at $7.66 on Wednesday. The company’s fifty day simple moving average is $8.03 and its two-hundred day simple moving average is $8.14. 1-800-FLOWERS.COM has a 52 week low of $6.56 and a 52 week high of $11.42. The stock has a market cap of $487.18 million, a P/E ratio of -69.64 and a beta of 1.58. The company has a quick ratio of 1.03, a current ratio of 1.51 and a debt-to-equity ratio of 0.32.

1-800-FLOWERS.COM (NASDAQ:FLWS) last posted its earnings results on Thursday, January 30th. The specialty retailer reported $1.08 EPS for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.11). 1-800-FLOWERS.COM had a negative return on equity of 0.76% and a negative net margin of 0.43%. Analysts predict that 1-800-FLOWERS.COM will post -0.07 EPS for the current fiscal year.

Insider Transactions at 1-800-FLOWERS.COM

In other news, major shareholder Fund 1 Investments, Llc bought 50,000 shares of 1-800-FLOWERS.COM stock in a transaction dated Friday, January 10th. The shares were acquired at an average price of $7.18 per share, with a total value of $359,000.00. Following the completion of the purchase, the insider now owns 4,224,364 shares in the company, valued at $30,330,933.52. The trade was a 1.20 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. In the last 90 days, insiders purchased 1,661,105 shares of company stock worth $13,063,271. 51.00% of the stock is currently owned by company insiders.

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

Hedge funds have recently added to or reduced their stakes in the company. SG Americas Securities LLC purchased a new position in shares of 1-800-FLOWERS.COM during the third quarter valued at approximately $106,000. Hennion & Walsh Asset Management Inc. boosted its holdings in 1-800-FLOWERS.COM by 3.4% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 44,533 shares of the specialty retailer’s stock valued at $353,000 after acquiring an additional 1,472 shares during the period. Rice Hall James & Associates LLC grew its position in 1-800-FLOWERS.COM by 23.6% in the 3rd quarter. Rice Hall James & Associates LLC now owns 218,811 shares of the specialty retailer’s stock valued at $1,735,000 after acquiring an additional 41,737 shares during the last quarter. GSA Capital Partners LLP purchased a new stake in 1-800-FLOWERS.COM in the third quarter worth $947,000. Finally, Empowered Funds LLC increased its stake in 1-800-FLOWERS.COM by 50.3% in the third quarter. Empowered Funds LLC now owns 340,637 shares of the specialty retailer’s stock worth $2,701,000 after purchasing an additional 114,072 shares during the period. 38.43% of the stock is currently owned by institutional investors.

1-800-FLOWERS.COM Company Profile

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.