1-800-FLOWERS.COM (NASDAQ:FLWS) Releases Quarterly Earnings Results, Misses Expectations By $0.11 EPS

1-800-FLOWERS.COM (NASDAQ:FLWS) released its quarterly earnings results on Thursday. The specialty retailer reported $1.08 EPS for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.11), Zacks reports. 1-800-FLOWERS.COM had a negative net margin of 0.50% and a positive return on equity of 2.10%.

1-800-FLOWERS.COM Stock Down 7.9 %

FLWS stock traded down $0.70 on Thursday, reaching $8.14. 859,208 shares of the company traded hands, compared to its average volume of 489,971. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.44 and a quick ratio of 0.41. The firm has a fifty day simple moving average of $7.95 and a 200-day simple moving average of $8.31. 1-800-FLOWERS.COM has a one year low of $6.56 and a one year high of $11.42. The company has a market cap of $522.43 million, a P/E ratio of -58.25, a price-to-earnings-growth ratio of 3.29 and a beta of 1.58.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on FLWS shares. 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. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research note on Saturday, January 18th. Finally, DA Davidson raised their price objective on 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the company a “neutral” rating in a research report on Thursday, October 31st.

Insider Transactions at 1-800-FLOWERS.COM

In other 1-800-FLOWERS.COM news, major shareholder Fund 1 Investments, Llc acquired 89,301 shares of 1-800-FLOWERS.COM stock in a transaction that occurred on Wednesday, January 22nd. The stock was bought at an average cost of $8.38 per share, for a total transaction of $748,342.38. Following the acquisition, the insider now owns 4,668,665 shares of the company’s stock, valued at $39,123,412.70. This represents a 1.95 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Over the last three months, insiders have purchased 334,301 shares of company stock valued at $2,597,102. Insiders own 51.00% 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.