1-800-FLOWERS.COM (NASDAQ:FLWS) Earns “Sell (D-)” Rating from Weiss Ratings

1-800-FLOWERS.COM (NASDAQ:FLWS)‘s stock had its “sell (d-)” rating reaffirmed by equities researchers at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

Other equities research analysts also recently issued research reports about the company. DA Davidson reaffirmed a “neutral” rating and set a $7.50 price objective on shares of 1-800-FLOWERS.COM in a research report on Friday, March 14th. Wall Street Zen downgraded 1-800-FLOWERS.COM from a “hold” rating to a “sell” rating in a research report on Monday, May 12th. Finally, Noble Financial downgraded 1-800-FLOWERS.COM from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 9th.

1-800-FLOWERS.COM Stock Performance

FLWS stock opened at $5.10 on Wednesday. 1-800-FLOWERS.COM has a 1-year low of $3.86 and a 1-year high of $11.10. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.51 and a quick ratio of 1.03. The company has a market capitalization of $324.18 million, a price-to-earnings ratio of -46.36 and a beta of 1.49. The business has a 50 day simple moving average of $5.15 and a two-hundred day simple moving average of $6.65.

1-800-FLOWERS.COM (NASDAQ:FLWS) last posted its quarterly earnings results on Thursday, May 8th. The specialty retailer reported ($0.71) earnings per share for the quarter, missing the consensus estimate of ($0.34) by ($0.37). 1-800-FLOWERS.COM had a negative return on equity of 0.76% and a negative net margin of 0.43%. The business had revenue of $331.45 million during the quarter, compared to the consensus estimate of $367.85 million. During the same quarter in the previous year, the company earned ($0.28) earnings per share. The company’s revenue for the quarter was down 23.1% compared to the same quarter last year. Research analysts anticipate that 1-800-FLOWERS.COM will post -0.07 EPS for the current fiscal year.

Insider Transactions at 1-800-FLOWERS.COM

In related news, insider Jonathan J. Feldman sold 6,864 shares of 1-800-FLOWERS.COM stock in a transaction that occurred on Wednesday, May 28th. The stock was sold at an average price of $4.80, for a total transaction of $32,947.20. Following the completion of the transaction, the insider now directly owns 56,805 shares in the company, valued at approximately $272,664. This trade represents a 10.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Fund 1 Investments, Llc purchased 156,500 shares of the stock in a transaction dated Thursday, March 20th. The stock was purchased at an average cost of $5.62 per share, for a total transaction of $879,530.00. Following the completion of the purchase, the insider now directly owns 8,035,969 shares of the company’s stock, valued at approximately $45,162,145.78. The trade was a 1.99% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders bought a total of 941,570 shares of company stock worth $4,896,081 over the last three months. 51.00% of the stock is currently owned by insiders.

Hedge Funds Weigh In On 1-800-FLOWERS.COM

Large investors have recently modified their holdings of the business. Cannell Capital LLC acquired a new position in shares of 1-800-FLOWERS.COM in the 4th quarter valued at $628,000. 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 buying an additional 188,582 shares during the period. 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 buying an additional 461,000 shares during the period. Gamco Investors INC. ET AL raised its holdings in shares of 1-800-FLOWERS.COM by 6.3% in the 4th quarter. Gamco Investors INC. ET AL now owns 1,284,300 shares of the specialty retailer’s stock valued at $10,493,000 after buying an additional 76,400 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in shares of 1-800-FLOWERS.COM in the 4th quarter valued at $155,000. Institutional investors and hedge funds own 38.43% of the company’s stock.

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.