BidaskClub upgraded shares of 1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS) from a sell rating to a hold rating in a research note released on Tuesday morning.

A number of other analysts have also issued reports on the company. Zacks Investment Research raised 1-800 FLOWERS.COM from a sell rating to a hold rating in a research report on Tuesday, May 9th. Northcoast Research reaffirmed a buy rating and set a $14.00 target price (up from $12.00) on shares of 1-800 FLOWERS.COM in a research report on Wednesday, May 3rd. FBR & Co began coverage on 1-800 FLOWERS.COM in a research report on Tuesday, July 11th. They set an outperform rating and a $13.00 target price on the stock. Finally, DA Davidson began coverage on 1-800 FLOWERS.COM in a research note on Wednesday, June 14th. They issued a neutral rating and a $11.00 price target for the company. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. 1-800 FLOWERS.COM has an average rating of Buy and a consensus target price of $12.69.

1-800 FLOWERS.COM (NASDAQ FLWS) opened at 8.95 on Tuesday. 1-800 FLOWERS.COM has a 52-week low of $7.80 and a 52-week high of $11.40. The stock’s 50 day moving average price is $9.29 and its 200-day moving average price is $9.89. The company has a market cap of $584.75 million, a P/E ratio of 23.99 and a beta of 1.58.

1-800 FLOWERS.COM (NASDAQ:FLWS) last announced its earnings results on Thursday, August 24th. The specialty retailer reported ($0.11) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.09) by $0.02. 1-800 FLOWERS.COM had a return on equity of 10.96% and a net margin of 3.69%. The business had revenue of $239.50 million for the quarter, compared to analysts’ expectations of $245.38 million. During the same period in the previous year, the firm posted ($0.14) earnings per share. The firm’s revenue was up 2.2% compared to the same quarter last year. On average, equities analysts predict that 1-800 FLOWERS.COM will post $0.49 earnings per share for the current fiscal year.

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Institutional investors have recently modified their holdings of the stock. JPMorgan Chase & Co. increased its position in shares of 1-800 FLOWERS.COM by 67.1% in the first quarter. JPMorgan Chase & Co. now owns 9,785 shares of the specialty retailer’s stock worth $100,000 after buying an additional 3,929 shares during the last quarter. Alambic Investment Management L.P. bought a new position in shares of 1-800 FLOWERS.COM during the first quarter worth approximately $104,000. Cigna Investments Inc. New bought a new position in shares of 1-800 FLOWERS.COM during the second quarter worth approximately $120,000. Nine Chapters Capital Management LLC increased its position in shares of 1-800 FLOWERS.COM by 9.6% in the first quarter. Nine Chapters Capital Management LLC now owns 12,600 shares of the specialty retailer’s stock worth $129,000 after buying an additional 1,100 shares during the last quarter. Finally, Karp Capital Management Corp bought a new position in shares of 1-800 FLOWERS.COM during the first quarter worth approximately $130,000. Institutional investors own 34.33% of the company’s stock.

1-800 FLOWERS.COM Company Profile

1-800-FLOWERS.COM, Inc is a provider of gourmet food and floral gifts for all occasions. The Company offers gifts for every occasion, including fresh flowers and a selection of plants, gift baskets, gourmet foods, confections, candles, balloons and stuffed animals. The Company operates through three business segments: Consumer Floral, Gourmet Food and Gift Baskets, and BloomNet Wire Service.

Analyst Recommendations for 1-800 FLOWERS.COM (NASDAQ:FLWS)

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