1-800-FLOWERS.COM (NASDAQ:FLWS) Receives Neutral Rating from DA Davidson

DA Davidson restated their neutral rating on shares of 1-800-FLOWERS.COM (NASDAQ:FLWS) in a report released on Friday morning,Benzinga reports. DA Davidson currently has a $7.50 price target on the specialty retailer’s stock.

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of 1-800-FLOWERS.COM in a research note on Friday, March 7th.

1-800-FLOWERS.COM Stock Performance

NASDAQ FLWS opened at $5.84 on Friday. The firm has a market cap of $371.43 million, a price-to-earnings ratio of -53.09 and a beta of 1.81. The company has a 50 day moving average of $7.72 and a 200-day moving average of $7.88. The company has a current ratio of 1.51, a quick ratio of 1.03 and a debt-to-equity ratio of 0.32. 1-800-FLOWERS.COM has a 1-year low of $5.76 and a 1-year high of $11.42.

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

Insider Activity

In other 1-800-FLOWERS.COM news, major shareholder Fund 1 Investments, Llc acquired 61,000 shares of 1-800-FLOWERS.COM stock in a transaction on Monday, January 13th. The shares were purchased at an average cost of $7.33 per share, with a total value of $447,130.00. Following the completion of the purchase, the insider now owns 4,285,364 shares in the company, valued at $31,411,718.12. The trade was a 1.44 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have purchased 1,953,605 shares of company stock valued at $15,151,661 over the last three months. 51.00% of the stock is owned by insiders.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in 1-800-FLOWERS.COM by 13.1% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 91,101 shares of the specialty retailer’s stock valued at $744,000 after acquiring an additional 10,584 shares during the last quarter. Wolverine Trading LLC bought a new position in 1-800-FLOWERS.COM in the fourth quarter valued at approximately $110,000. Two Sigma Advisers LP boosted its position in shares of 1-800-FLOWERS.COM by 13.0% during the fourth quarter. Two Sigma Advisers LP now owns 13,900 shares of the specialty retailer’s stock worth $114,000 after purchasing an additional 1,600 shares in the last quarter. Nomura Holdings Inc. boosted its position in shares of 1-800-FLOWERS.COM by 63.6% during the fourth quarter. Nomura Holdings Inc. now owns 2,941,572 shares of the specialty retailer’s stock worth $24,033,000 after purchasing an additional 1,143,027 shares in the last quarter. Finally, Fund 1 Investments LLC boosted its position in shares of 1-800-FLOWERS.COM by 12.4% during the fourth quarter. Fund 1 Investments LLC now owns 4,174,364 shares of the specialty retailer’s stock worth $34,105,000 after purchasing an additional 461,000 shares in the last quarter. 38.43% of the stock is 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.