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

Weiss Ratings reiterated their sell (d-) rating on shares of 1-800-FLOWERS.COM (NASDAQ:FLWS) in a research report report published on Friday,Weiss Ratings reports.

FLWS has been the topic of several other reports. DA Davidson restated a “neutral” rating and issued a $7.50 price objective on shares of 1-800-FLOWERS.COM in a report on Thursday, January 30th. StockNews.com downgraded shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note on Saturday, November 9th.

1-800-FLOWERS.COM Stock Performance

Shares of FLWS stock opened at $6.55 on Friday. The firm’s 50 day moving average price is $7.90 and its 200-day moving average price is $7.97. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.03 and a current ratio of 1.51. 1-800-FLOWERS.COM has a one year low of $6.13 and a one year high of $11.42. The firm has a market cap of $416.59 million, a P/E ratio of -59.55 and a beta of 1.81.

1-800-FLOWERS.COM (NASDAQ:FLWS) last issued its quarterly earnings data on Thursday, January 30th. The specialty retailer reported $1.08 EPS for the quarter, missing the consensus estimate of $1.19 by ($0.11). 1-800-FLOWERS.COM had a negative return on equity of 0.76% and a negative net margin of 0.43%. As a group, equities research analysts predict that 1-800-FLOWERS.COM will post -0.07 EPS for the current year.

Insider Buying and Selling

In other news, major shareholder Fund 1 Investments, Llc acquired 50,000 shares of the company’s stock in a transaction on Friday, January 10th. The shares were bought at an average cost of $7.18 per share, with a total value of $359,000.00. Following the transaction, the insider now owns 4,224,364 shares in the company, valued at approximately $30,330,933.52. This trade represents a 1.20 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have acquired a total of 1,953,605 shares of company stock valued at $15,151,661 in the last ninety days. Company insiders own 51.00% of the company’s stock.

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

Large investors have recently modified their holdings of the company. Empowered Funds LLC increased its position 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 during the last quarter. JPMorgan Chase & Co. increased its position in shares of 1-800-FLOWERS.COM by 13.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 14,095 shares of the specialty retailer’s stock valued at $112,000 after purchasing an additional 1,623 shares during the last quarter. GSA Capital Partners LLP purchased a new stake in shares of 1-800-FLOWERS.COM in the 3rd quarter valued at approximately $947,000. Arkadios Wealth Advisors increased its position in shares of 1-800-FLOWERS.COM by 12.9% in the 4th quarter. Arkadios Wealth Advisors now owns 35,215 shares of the specialty retailer’s stock valued at $288,000 after purchasing an additional 4,015 shares during the last quarter. Finally, Jane Street Group LLC increased its position in shares of 1-800-FLOWERS.COM by 66.1% in the 3rd quarter. Jane Street Group LLC now owns 56,440 shares of the specialty retailer’s stock valued at $448,000 after purchasing an additional 22,460 shares during the last quarter. 38.43% of the stock is owned by hedge funds and other institutional investors.

1-800-FLOWERS.COM Company Profile

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.