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

1-800-FLOWERS.COM (NASDAQ:FLWS)‘s stock had its “sell (e+)” rating reaffirmed by stock analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

Several other analysts have also recently weighed in on the stock. DA Davidson reissued a “neutral” rating and issued a $7.50 price target on shares of 1-800-FLOWERS.COM in a research note on Thursday, January 30th. StockNews.com cut shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research report on Saturday, November 9th.

1-800-FLOWERS.COM Stock Down 4.0 %

FLWS stock opened at $8.21 on Wednesday. The company has a market cap of $522.16 million, a price-to-earnings ratio of -74.64 and a beta of 1.58. 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 12 month low of $6.56 and a 12 month high of $11.42. The firm has a 50-day moving average of $8.03 and a two-hundred day moving average of $8.15.

1-800-FLOWERS.COM (NASDAQ:FLWS) last posted its quarterly earnings results on Thursday, January 30th. The specialty retailer reported $1.08 earnings per share 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%. As a group, analysts forecast that 1-800-FLOWERS.COM will post -0.07 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, major shareholder Fund 1 Investments, Llc acquired 70,500 shares of 1-800-FLOWERS.COM stock in a transaction dated Wednesday, February 12th. The shares were acquired at an average cost of $8.12 per share, for a total transaction of $572,460.00. Following the acquisition, the insider now owns 6,384,469 shares of the company’s stock, valued at $51,841,888.28. This trade represents a 1.12 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders have acquired a total of 1,310,605 shares of company stock worth $10,322,986 in the last ninety days. 51.00% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On 1-800-FLOWERS.COM

A number of hedge funds and other institutional investors have recently modified their holdings of FLWS. Nomura Holdings Inc. raised its holdings in shares of 1-800-FLOWERS.COM by 63.6% in the 4th quarter. Nomura Holdings Inc. now owns 2,941,572 shares of the specialty retailer’s stock valued at $24,033,000 after purchasing an additional 1,143,027 shares in the last quarter. Fund 1 Investments LLC raised its holdings in shares of 1-800-FLOWERS.COM by 12.4% in the 4th quarter. Fund 1 Investments LLC now owns 4,174,364 shares of the specialty retailer’s stock valued at $34,105,000 after purchasing an additional 461,000 shares in the last quarter. First Eagle Investment Management LLC raised its holdings in shares of 1-800-FLOWERS.COM by 117.4% in the 4th quarter. First Eagle Investment Management LLC now owns 349,260 shares of the specialty retailer’s stock valued at $2,853,000 after purchasing an additional 188,582 shares in the last quarter. GSA Capital Partners LLP acquired a new stake in shares of 1-800-FLOWERS.COM in the 3rd quarter valued at $947,000. Finally, Empowered Funds LLC raised its holdings in shares of 1-800-FLOWERS.COM by 50.3% in the 3rd quarter. Empowered Funds LLC now owns 340,637 shares of the specialty retailer’s stock valued at $2,701,000 after purchasing an additional 114,072 shares in the last quarter. 38.43% of the stock is currently owned by institutional investors and hedge funds.

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.