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

Weiss Ratings restated their sell (e+) rating on shares of 1-800-FLOWERS.COM (NASDAQ:FLWS) in a report issued on Saturday morning,Weiss Ratings reports.

Separately, DA Davidson reissued a “neutral” rating and set a $7.50 target price on shares of 1-800-FLOWERS.COM in a research report on Friday, March 14th.

1-800-FLOWERS.COM Stock Up 3.8 %

NASDAQ:FLWS opened at $6.02 on Friday. The company has a market cap of $382.88 million, a price-to-earnings ratio of -54.73 and a beta of 1.81. 1-800-FLOWERS.COM has a twelve month low of $5.43 and a twelve month high of $11.42. The company has a current ratio of 1.51, a quick ratio of 1.03 and a debt-to-equity ratio of 0.32. The stock has a fifty day simple moving average of $7.51 and a 200-day simple moving average of $7.78.

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%. Analysts anticipate that 1-800-FLOWERS.COM will post -0.07 EPS for the current year.

Insider Activity at 1-800-FLOWERS.COM

In other 1-800-FLOWERS.COM news, major shareholder Fund 1 Investments, Llc acquired 15,500 shares of the company’s stock in a transaction that occurred on Wednesday, March 5th. The stock was purchased at an average price of $6.43 per share, for a total transaction of $99,665.00. Following the completion of the acquisition, the insider now owns 7,658,469 shares of the company’s stock, valued at approximately $49,243,955.67. This trade represents a 0.20 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Over the last quarter, insiders bought 2,135,105 shares of company stock valued at $16,169,191. 51.00% of the stock is owned by company insiders.

Institutional Trading of 1-800-FLOWERS.COM

Several hedge funds have recently modified their holdings of the stock. Paloma Partners Management Co acquired a new position in shares of 1-800-FLOWERS.COM during the third quarter worth about $121,000. Systematic Financial Management LP purchased a new position in shares of 1-800-FLOWERS.COM during the third quarter worth about $484,000. State Street Corp increased its holdings in shares of 1-800-FLOWERS.COM by 0.5% in the third quarter. State Street Corp now owns 599,570 shares of the specialty retailer’s stock valued at $4,755,000 after purchasing an additional 2,886 shares during the period. Jane Street Group LLC lifted its stake 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 worth $448,000 after acquiring an additional 22,460 shares during the period. Finally, Barclays PLC lifted its holdings in shares of 1-800-FLOWERS.COM by 24.3% in the 3rd quarter. Barclays PLC now owns 97,904 shares of the specialty retailer’s stock valued at $778,000 after buying an additional 19,150 shares during the period. 38.43% of the stock is currently owned by institutional investors and hedge funds.

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.