1-800-Flowers.Com (FLWS) Hits New 52-Week High at $18.47

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1-800-Flowers.Com Inc (NASDAQ:FLWS) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $18.47 and last traded at $18.34, with a volume of 7706 shares changing hands. The stock had previously closed at $18.14.

Several research analysts recently weighed in on the stock. TheStreet upgraded shares of 1-800-Flowers.Com from a “c+” rating to a “b” rating in a research report on Friday, February 1st. Sidoti cut shares of 1-800-Flowers.Com from a “buy” rating to a “neutral” rating in a research report on Wednesday, February 6th. Noble Financial upgraded shares of 1-800-Flowers.Com from a “market perform” rating to an “outperform” rating and set a $19.00 price objective for the company in a research report on Friday, February 1st. DA Davidson boosted their price objective on shares of 1-800-Flowers.Com to $18.00 and gave the stock a “neutral” rating in a research report on Friday, February 1st. Finally, restated a “buy” rating on shares of 1-800-Flowers.Com in a research report on Tuesday, November 20th. 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’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $18.00.

The company has a current ratio of 1.92, a quick ratio of 1.60 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $1.18 billion, a P/E ratio of 41.34, a price-to-earnings-growth ratio of 4.01 and a beta of 1.31.

1-800-Flowers.Com (NASDAQ:FLWS) last released its earnings results on Thursday, January 31st. The specialty retailer reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $0.97 by $0.07. 1-800-Flowers.Com had a net margin of 2.86% and a return on equity of 10.94%. The firm had revenue of $571.32 million during the quarter, compared to analyst estimates of $554.50 million. As a group, equities research analysts predict that 1-800-Flowers.Com Inc will post 0.46 earnings per share for the current year.

In other 1-800-Flowers.Com news, CEO Christopher G. Mccann sold 25,000 shares of 1-800-Flowers.Com stock in a transaction on Thursday, February 28th. The shares were sold at an average price of $17.74, for a total transaction of $443,500.00. Following the completion of the sale, the chief executive officer now owns 943,328 shares of the company’s stock, valued at approximately $16,734,638.72. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Leonard J. Elmore sold 5,000 shares of 1-800-Flowers.Com stock in a transaction on Tuesday, February 5th. The stock was sold at an average price of $17.10, for a total transaction of $85,500.00. Following the sale, the director now directly owns 47,791 shares of the company’s stock, valued at approximately $817,226.10. The disclosure for this sale can be found here. Insiders have sold a total of 157,000 shares of company stock valued at $2,269,435 in the last ninety days. Company insiders own 64.42% of the company’s stock.

Several hedge funds have recently made changes to their positions in the company. BlackRock Inc. grew its holdings in shares of 1-800-Flowers.Com by 2.0% in the 4th quarter. BlackRock Inc. now owns 1,914,110 shares of the specialty retailer’s stock valued at $23,409,000 after buying an additional 37,355 shares during the period. Vanguard Group Inc grew its holdings in shares of 1-800-Flowers.Com by 3.7% in the 3rd quarter. Vanguard Group Inc now owns 1,258,070 shares of the specialty retailer’s stock valued at $14,845,000 after buying an additional 44,523 shares during the period. Vanguard Group Inc. grew its holdings in shares of 1-800-Flowers.Com by 3.7% in the 3rd quarter. Vanguard Group Inc. now owns 1,258,070 shares of the specialty retailer’s stock valued at $14,845,000 after buying an additional 44,523 shares during the period. AQR Capital Management LLC grew its holdings in shares of 1-800-Flowers.Com by 8.9% in the 3rd quarter. AQR Capital Management LLC now owns 1,147,890 shares of the specialty retailer’s stock valued at $13,545,000 after buying an additional 93,520 shares during the period. Finally, Peregrine Capital Management LLC grew its holdings in shares of 1-800-Flowers.Com by 25.8% in the 4th quarter. Peregrine Capital Management LLC now owns 671,387 shares of the specialty retailer’s stock valued at $8,211,000 after buying an additional 137,881 shares during the period. 32.98% of the stock is owned by institutional investors.

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1-800-Flowers.Com Company Profile (NASDAQ:FLWS)

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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