1-800 FLOWERS.COM (NASDAQ:FLWS) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of 1-800 FLOWERS.COM (NASDAQ:FLWS) from a sell rating to a hold rating in a report released on Saturday morning.

Separately, Zacks Research upgraded 1-800 FLOWERS.COM from a “strong sell” rating to a “hold” rating in a research note on Tuesday, December 30th. Three equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Reduce” and a consensus target price of $7.50.

1-800 FLOWERS.COM Trading Down 2.0%

Shares of NASDAQ:FLWS opened at $3.41 on Friday. The stock has a 50 day moving average of $4.02 and a 200 day moving average of $4.27. The company has a market cap of $218.48 million, a PE ratio of -1.02 and a beta of 1.21. 1-800 FLOWERS.COM has a 12-month low of $2.93 and a 12-month high of $8.44. The company has a current ratio of 1.25, a quick ratio of 0.81 and a debt-to-equity ratio of 0.43.

1-800 FLOWERS.COM (NASDAQ:FLWS) last issued its quarterly earnings results on Thursday, January 29th. The specialty retailer reported $1.20 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.34. The business had revenue of $702.18 million for the quarter, compared to the consensus estimate of $700.58 million. 1-800 FLOWERS.COM had a negative net margin of 13.41% and a negative return on equity of 23.80%. As a group, equities research analysts expect that 1-800 FLOWERS.COM will post -0.07 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Quarry LP increased its holdings in shares of 1-800 FLOWERS.COM by 538,100.0% in the third quarter. Quarry LP now owns 5,382 shares of the specialty retailer’s stock worth $25,000 after purchasing an additional 5,381 shares during the last quarter. State of Wyoming increased its stake in 1-800 FLOWERS.COM by 197.8% in the 2nd quarter. State of Wyoming now owns 9,833 shares of the specialty retailer’s stock worth $48,000 after acquiring an additional 6,531 shares during the last quarter. FNY Investment Advisers LLC raised its holdings in shares of 1-800 FLOWERS.COM by 2,832.6% during the 4th quarter. FNY Investment Advisers LLC now owns 10,000 shares of the specialty retailer’s stock worth $39,000 after acquiring an additional 9,659 shares in the last quarter. Los Angeles Capital Management LLC bought a new position in shares of 1-800 FLOWERS.COM during the 2nd quarter valued at approximately $57,000. Finally, Jain Global LLC bought a new position in shares of 1-800 FLOWERS.COM during the 4th quarter valued at approximately $46,000. Hedge funds and other institutional investors own 38.43% of the company’s stock.

1-800 FLOWERS.COM Company Profile

1-800-FLOWERS.COM, Inc, founded in 1976 by Jim McCann and headquartered in Jericho, New York, is a leading floral and gift retailer in North America. Operating primarily through its online platform and call center, the company offers a wide selection of fresh-cut flowers, gourmet foods, gift baskets, plants and home décor items. With a network of affiliated florists and its own floral production farms, 1-800-FLOWERS.COM facilitates same-day delivery services across the United States, reaching more than 90% of U.S.