1-800 FLOWERS.COM (NASDAQ:FLWS) Stock Rating Lowered by Zacks Research

1-800 FLOWERS.COM (NASDAQ:FLWS) was downgraded by research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued on Monday,Zacks.com reports.

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of 1-800 FLOWERS.COM in a research report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and an average target price of $7.50.

1-800 FLOWERS.COM Stock Performance

1-800 FLOWERS.COM stock opened at $5.15 on Monday. The firm’s fifty day moving average price is $5.07 and its 200-day moving average price is $5.24. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.48 and a current ratio of 1.28. The stock has a market cap of $327.64 million, a P/E ratio of -1.63 and a beta of 1.30. 1-800 FLOWERS.COM has a fifty-two week low of $3.86 and a fifty-two week high of $9.24.

1-800 FLOWERS.COM (NASDAQ:FLWS) last posted its quarterly earnings results on Thursday, September 4th. The specialty retailer reported ($0.69) earnings per share for the quarter, missing the consensus estimate of ($0.51) by ($0.18). 1-800 FLOWERS.COM had a negative return on equity of 13.87% and a negative net margin of 11.86%.The business had revenue of $336.62 million during the quarter, compared to the consensus estimate of $330.58 million. During the same period in the prior year, the firm earned ($0.34) earnings per share. The business’s revenue for the quarter was down 6.7% on a year-over-year basis. On average, equities research analysts expect that 1-800 FLOWERS.COM will post -0.07 earnings per share for the current fiscal year.

Institutional Trading of 1-800 FLOWERS.COM

Several institutional investors and hedge funds have recently modified their holdings of FLWS. AlphaQuest LLC purchased a new position in 1-800 FLOWERS.COM during the first quarter valued at $25,000. Quarry LP purchased a new position in shares of 1-800 FLOWERS.COM in the 1st quarter worth $39,000. State of Wyoming grew its stake in shares of 1-800 FLOWERS.COM by 197.8% in the 2nd quarter. State of Wyoming now owns 9,833 shares of the specialty retailer’s stock worth $48,000 after buying an additional 6,531 shares in the last quarter. Yousif Capital Management LLC purchased a new position in shares of 1-800 FLOWERS.COM in the 2nd quarter worth $50,000. Finally, Los Angeles Capital Management LLC purchased a new position in shares of 1-800 FLOWERS.COM in the 2nd quarter worth $57,000. 38.43% of the stock is currently owned by institutional investors.

About 1-800 FLOWERS.COM

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.