1-800-Flowers.Com Inc (NASDAQ:FLWS) has received an average rating of “Buy” from the ten brokerages that are covering the firm, MarketBeat reports. Three research analysts have rated the stock with a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $18.00.
A number of brokerages have recently weighed in on FLWS. DA Davidson upped their target price on 1-800-Flowers.Com to $18.00 and gave the stock a “neutral” rating in a research report on Friday, February 1st. reaffirmed a “buy” rating on shares of 1-800-Flowers.Com in a research report on Tuesday, November 20th. BidaskClub lowered 1-800-Flowers.Com from a “hold” rating to a “sell” rating in a research report on Friday, October 26th. Sidoti lowered 1-800-Flowers.Com from a “buy” rating to a “neutral” rating in a research report on Wednesday, February 6th. Finally, TheStreet raised 1-800-Flowers.Com from a “c+” rating to a “b” rating in a research report on Friday, February 1st.
In related news, CEO Christopher G. Mccann sold 25,000 shares of the company’s stock in a transaction on Thursday, December 20th. The stock was sold at an average price of $11.92, for a total transaction of $298,000.00. Following the completion of the sale, the chief executive officer now owns 943,328 shares in the company, valued at $11,244,469.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Christopher G. Mccann sold 12,500 shares of the company’s stock in a transaction on Friday, January 4th. The stock was sold at an average price of $12.40, for a total value of $155,000.00. Following the sale, the chief executive officer now owns 943,328 shares of the company’s stock, valued at approximately $11,697,267.20. The disclosure for this sale can be found here. Insiders have sold 169,500 shares of company stock worth $2,179,435 over the last ninety days. 64.42% of the stock is owned by insiders.
Institutional investors have recently made changes to their positions in the stock. BlackRock Inc. boosted its holdings in shares of 1-800-Flowers.Com by 6.8% in the 2nd quarter. BlackRock Inc. now owns 1,846,015 shares of the specialty retailer’s stock valued at $23,168,000 after buying an additional 118,144 shares during the period. Voya Investment Management LLC acquired a new position in shares of 1-800-Flowers.Com in the 2nd quarter valued at about $132,000. Millennium Management LLC acquired a new position in shares of 1-800-Flowers.Com in the 2nd quarter valued at about $1,966,000. California Public Employees Retirement System boosted its holdings in shares of 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 valued at $1,582,000 after buying an additional 3,564 shares during the period. Finally, Northern Trust Corp boosted its holdings in shares of 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 valued at $4,605,000 after buying an additional 31,595 shares during the period. Institutional investors and hedge funds own 34.26% of the company’s stock.
Shares of NASDAQ:FLWS opened at $16.91 on Thursday. The company has a current ratio of 2.13, a quick ratio of 0.73 and a debt-to-equity ratio of 0.30. 1-800-Flowers.Com has a twelve month low of $10.01 and a twelve month high of $17.54. The company has a market cap of $1.09 billion, a PE ratio of 38.43, a PEG ratio of 3.71 and a beta of 1.27.
1-800-Flowers.Com (NASDAQ:FLWS) last issued its earnings results on Thursday, January 31st. The specialty retailer reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.97 by $0.07. 1-800-Flowers.Com had a return on equity of 11.34% and a net margin of 2.86%. The company had revenue of $571.32 million for the quarter, compared to analyst estimates of $554.50 million. Equities analysts predict that 1-800-Flowers.Com will post 0.46 EPS for the current fiscal year.
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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