1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) Forecasted to Earn FY2024 Earnings of $0.24 Per Share

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) – Sidoti Csr lowered their FY2024 EPS estimates for 1-800-FLOWERS.COM in a report issued on Friday, May 3rd. Sidoti Csr analyst A. Lebiedzinski now expects that the specialty retailer will post earnings per share of $0.24 for the year, down from their prior estimate of $0.28. The consensus estimate for 1-800-FLOWERS.COM’s current full-year earnings is $0.24 per share. Sidoti Csr also issued estimates for 1-800-FLOWERS.COM’s Q2 2025 earnings at $1.32 EPS and FY2026 earnings at $0.65 EPS.

FLWS has been the subject of a number of other reports. DA Davidson cut their target price on 1-800-FLOWERS.COM from $9.50 to $9.00 and set a “neutral” rating for the company in a research report on Friday, May 3rd. StockNews.com downgraded 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note on Friday, May 3rd.

1-800-FLOWERS.COM Trading Up 0.1 %

Shares of NASDAQ:FLWS opened at $8.79 on Monday. The business’s 50 day simple moving average is $9.74 and its 200 day simple moving average is $9.63. 1-800-FLOWERS.COM has a 1 year low of $5.97 and a 1 year high of $11.42. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.59 and a quick ratio of 1.12. The company has a market capitalization of $566.96 million, a P/E ratio of -73.25, a P/E/G ratio of 2.47 and a beta of 1.67.

1-800-FLOWERS.COM (NASDAQ:FLWS) last announced its earnings results on Thursday, May 2nd. The specialty retailer reported ($0.28) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.04). 1-800-FLOWERS.COM had a positive return on equity of 3.29% and a negative net margin of 0.42%. The business had revenue of $379.40 million for the quarter, compared to analyst estimates of $383.73 million. During the same quarter in the previous year, the company earned ($0.27) EPS. The business’s revenue for the quarter was down 9.1% on a year-over-year basis.

Insider Buying and Selling

In other 1-800-FLOWERS.COM news, insider Arnold P. Leap sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $9.32, for a total transaction of $27,960.00. Following the completion of the transaction, the insider now directly owns 72,739 shares in the company, valued at $677,927.48. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 49.77% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of FLWS. Gamco Investors INC. ET AL boosted its stake in shares of 1-800-FLOWERS.COM by 5.5% in the 3rd quarter. Gamco Investors INC. ET AL now owns 1,010,000 shares of the specialty retailer’s stock valued at $7,070,000 after purchasing an additional 53,000 shares in the last quarter. North Star Investment Management Corp. lifted its stake in 1-800-FLOWERS.COM by 78.2% in the 4th quarter. North Star Investment Management Corp. now owns 300,650 shares of the specialty retailer’s stock valued at $3,241,000 after purchasing an additional 131,900 shares during the last quarter. Panagora Asset Management Inc. boosted its position in 1-800-FLOWERS.COM by 184.9% in the third quarter. Panagora Asset Management Inc. now owns 48,510 shares of the specialty retailer’s stock valued at $340,000 after buying an additional 31,480 shares in the last quarter. Pale Fire Capital SE bought a new stake in shares of 1-800-FLOWERS.COM during the third quarter worth $352,000. Finally, Raymond James & Associates grew its stake in shares of 1-800-FLOWERS.COM by 21.1% during the fourth quarter. Raymond James & Associates now owns 25,800 shares of the specialty retailer’s stock worth $278,000 after buying an additional 4,500 shares during the last quarter. Institutional investors own 38.43% of the company’s stock.

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.