1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS) – Research analysts at DA Davidson dropped their Q2 2018 earnings per share (EPS) estimates for 1-800 FLOWERS.COM in a report issued on Friday. DA Davidson analyst L. Weiser now anticipates that the specialty retailer will post earnings per share of $0.87 for the quarter, down from their previous forecast of $0.88. DA Davidson currently has a “Neutral” rating and a $11.00 target price on the stock. DA Davidson also issued estimates for 1-800 FLOWERS.COM’s FY2018 earnings at $0.47 EPS, Q2 2019 earnings at $0.95 EPS, Q4 2019 earnings at ($0.10) EPS and FY2019 earnings at $0.56 EPS.

1-800 FLOWERS.COM (NASDAQ:FLWS) last announced its quarterly earnings data on Thursday, August 24th. The specialty retailer reported ($0.11) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.09) by $0.02. The firm had revenue of $239.50 million for the quarter, compared to analyst estimates of $245.38 million. 1-800 FLOWERS.COM had a return on equity of 10.96% and a net margin of 3.69%. The company’s quarterly revenue was up 2.2% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.14) earnings per share. ILLEGAL ACTIVITY NOTICE: “1-800 FLOWERS.COM, Inc. to Post Q2 2018 Earnings of $0.87 Per Share, DA Davidson Forecasts (FLWS)” was posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this article on another domain, it was illegally stolen and reposted in violation of U.S. and international copyright & trademark law. The correct version of this article can be accessed at https://www.thecerbatgem.com/2017/08/28/1-800-flowers-com-inc-to-post-q2-2018-earnings-of-0-87-per-share-da-davidson-forecasts-flws.html.

Several other analysts also recently issued reports on the company. Zacks Investment Research raised 1-800 FLOWERS.COM from a “sell” rating to a “hold” rating in a research note on Tuesday, May 9th. Northcoast Research reissued a “buy” rating and set a $14.00 target price (up previously from $12.00) on shares of 1-800 FLOWERS.COM in a research note on Wednesday, May 3rd. FBR & Co initiated coverage on 1-800 FLOWERS.COM in a research note on Tuesday, July 11th. They set an “outperform” rating and a $13.00 target price on the stock. BidaskClub raised 1-800 FLOWERS.COM from a “sell” rating to a “hold” rating in a research note on Tuesday, August 22nd. Finally, Benchmark Co. reissued a “buy” rating and set a $13.00 target price on shares of 1-800 FLOWERS.COM in a research note on Wednesday, August 23rd. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. 1-800 FLOWERS.COM has a consensus rating of “Buy” and an average price target of $12.44.

Shares of 1-800 FLOWERS.COM (NASDAQ:FLWS) opened at 8.95 on Monday. The firm has a market capitalization of $584.02 million, a P/E ratio of 13.77 and a beta of 1.58. 1-800 FLOWERS.COM has a 52 week low of $7.80 and a 52 week high of $11.40. The firm’s 50-day moving average is $9.29 and its 200-day moving average is $9.89.

A number of institutional investors have recently added to or reduced their stakes in FLWS. Dimensional Fund Advisors LP boosted its position in 1-800 FLOWERS.COM by 5.5% in the second quarter. Dimensional Fund Advisors LP now owns 2,667,298 shares of the specialty retailer’s stock valued at $26,006,000 after buying an additional 139,643 shares in the last quarter. Vanguard Group Inc. boosted its position in 1-800 FLOWERS.COM by 5.5% in the second quarter. Vanguard Group Inc. now owns 1,429,199 shares of the specialty retailer’s stock valued at $13,935,000 after buying an additional 73,893 shares in the last quarter. Eagle Boston Investment Management Inc. boosted its position in 1-800 FLOWERS.COM by 0.4% in the second quarter. Eagle Boston Investment Management Inc. now owns 1,405,035 shares of the specialty retailer’s stock valued at $13,699,000 after buying an additional 5,985 shares in the last quarter. Northpointe Capital LLC boosted its position in 1-800 FLOWERS.COM by 35.6% in the second quarter. Northpointe Capital LLC now owns 1,365,113 shares of the specialty retailer’s stock valued at $13,310,000 after buying an additional 358,281 shares in the last quarter. Finally, Peregrine Capital Management LLC boosted its position in 1-800 FLOWERS.COM by 2.0% in the second quarter. Peregrine Capital Management LLC now owns 1,026,909 shares of the specialty retailer’s stock valued at $10,012,000 after buying an additional 20,561 shares in the last quarter. Institutional investors and hedge funds own 34.06% of the company’s stock.

About 1-800 FLOWERS.COM

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.

Earnings History and Estimates for 1-800 FLOWERS.COM (NASDAQ:FLWS)

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