1-800-FLOWERS.COM (NASDAQ:FLWS) PT Lowered to $9.00

1-800-FLOWERS.COM (NASDAQ:FLWS) had its price target lowered by investment analysts at DA Davidson from $9.50 to $9.00 in a note issued to investors on Friday, Benzinga reports. The firm presently has a “neutral” rating on the specialty retailer’s stock. DA Davidson’s target price indicates a potential upside of 1.12% from the company’s previous close.

Separately, StockNews.com upgraded 1-800-FLOWERS.COM from a “hold” rating to a “buy” rating in a report on Thursday, February 29th.

1-800-FLOWERS.COM Price Performance

Shares of FLWS stock traded down $0.22 during trading hours on Friday, reaching $8.90. The company had a trading volume of 381,089 shares, compared to its average volume of 380,948. 1-800-FLOWERS.COM has a 12-month low of $5.97 and a 12-month high of $11.42. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.12 and a current ratio of 1.59. The company has a market capitalization of $574.02 million, a price-to-earnings ratio of -9.27, a PEG ratio of 2.16 and a beta of 1.67. The stock has a fifty day moving average of $9.82 and a 200-day moving average of $9.57.

1-800-FLOWERS.COM (NASDAQ:FLWS) last released its quarterly earnings data on Thursday, May 2nd. The specialty retailer reported ($0.28) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.24) by ($0.04). The firm had revenue of $379.40 million for the quarter, compared to analyst estimates of $383.73 million. 1-800-FLOWERS.COM had a positive return on equity of 3.32% and a negative net margin of 3.24%. 1-800-FLOWERS.COM’s revenue for the quarter was down 9.1% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.27) earnings per share. On average, equities analysts anticipate that 1-800-FLOWERS.COM will post 0.28 earnings per share for the current year.

Insider Transactions at 1-800-FLOWERS.COM

In related news, insider Arnold P. Leap sold 3,000 shares of the firm’s stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $9.32, for a total value of $27,960.00. Following the completion of the sale, the insider now owns 72,739 shares in the company, valued at $677,927.48. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 49.77% of the company’s stock.

Institutional Trading of 1-800-FLOWERS.COM

Several large investors have recently bought and sold shares of FLWS. Fuller & Thaler Asset Management Inc. purchased a new stake in shares of 1-800-FLOWERS.COM in the third quarter valued at $1,564,000. GSA Capital Partners LLP acquired a new stake in shares of 1-800-FLOWERS.COM during the 1st quarter worth about $1,432,000. North Star Investment Management Corp. raised its position in shares of 1-800-FLOWERS.COM by 78.2% in the fourth quarter. North Star Investment Management Corp. now owns 300,650 shares of the specialty retailer’s stock valued at $3,241,000 after buying an additional 131,900 shares during the last quarter. PEAK6 Investments LLC lifted its stake in shares of 1-800-FLOWERS.COM by 865.9% during the fourth quarter. PEAK6 Investments LLC now owns 144,888 shares of the specialty retailer’s stock valued at $1,562,000 after buying an additional 129,888 shares during the period. Finally, Prosperity Consulting Group LLC acquired a new stake in 1-800-FLOWERS.COM during the first quarter worth approximately $1,105,000. Institutional investors and hedge funds own 38.43% 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.