Media coverage about 1-800 FLOWERS.COM (NASDAQ:FLWS) has trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. 1-800 FLOWERS.COM earned a daily sentiment score of 0.12 on Accern’s scale. Accern also assigned press coverage about the specialty retailer an impact score of 47.2682557250313 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the media headlines that may have impacted Accern’s scoring:
- 1-800-Flowers.Com Inc (FLWS) Receives Average Recommendation of “Buy” from Brokerages (americanbankingnews.com)
- 1-800-Flowers to hire 8,000 seasonal workers for gourmet brands (newsday.com)
- 1-800 FLOWERS.COM (FLWS) to Buyback $15.00 million in Outstanding Stock (americanbankingnews.com)
- BRIEF-1-800-flowers.com boosts share repurchase program to $30 mln (FLWS) (markets.businessinsider.com)
- 1-800-Flowers.com increases buyback firepower (seekingalpha.com)
FLWS has been the topic of several analyst reports. Benchmark Co. reissued a “buy” rating and set a $13.00 target price on shares of 1-800 FLOWERS.COM in a report on Wednesday, August 23rd. Zacks Investment Research lowered 1-800 FLOWERS.COM from a “hold” rating to a “sell” rating in a report on Monday, August 28th. BidaskClub raised 1-800 FLOWERS.COM from a “sell” rating to a “hold” rating in a report on Tuesday, August 22nd. FBR & Co set a $13.00 target price on 1-800 FLOWERS.COM and gave the stock a “buy” rating in a report on Monday, August 21st. Finally, Noble Financial reissued a “buy” rating on shares of 1-800 FLOWERS.COM in a report on Friday, September 1st. One investment analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $12.14.
Shares of 1-800 FLOWERS.COM (FLWS) traded up 1.57% during mid-day trading on Tuesday, hitting $9.70. The company had a trading volume of 31,254 shares. The company has a market capitalization of $632.96 million, a PE ratio of 14.92 and a beta of 1.60. 1-800 FLOWERS.COM has a one year low of $7.80 and a one year high of $11.40. The company’s 50-day moving average is $9.14 and its 200 day moving average is $9.83.
1-800 FLOWERS.COM (NASDAQ:FLWS) last posted its earnings results on Thursday, August 24th. The specialty retailer reported ($0.11) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.09) by $0.02. 1-800 FLOWERS.COM had a return on equity of 10.96% and a net margin of 3.69%. The business had revenue of $239.50 million for the quarter, compared to analysts’ expectations of $245.38 million. During the same quarter in the previous year, the firm earned ($0.14) earnings per share. 1-800 FLOWERS.COM’s quarterly revenue was up 2.2% compared to the same quarter last year. On average, equities research analysts forecast that 1-800 FLOWERS.COM will post $0.47 EPS for the current fiscal year.
1-800 FLOWERS.COM declared that its board has initiated a share repurchase program on Wednesday, September 6th that permits the company to repurchase $15.00 million in shares. This repurchase authorization permits the specialty retailer to repurchase up to 2.5% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s management believes its shares are undervalued.
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About 1-800 FLOWERS.COM
1-800-FLOWERS.COM, Inc is a provider of gourmet food and floral gifts for all occasions. The Company offers gifts for every occasion, including fresh flowers and a selection of plants, gift baskets, gourmet foods, confections, candles, balloons and stuffed animals. The Company operates through three business segments: Consumer Floral, Gourmet Food and Gift Baskets, and BloomNet Wire Service.
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