1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS – Get Rating) President Thomas G. Hartnett purchased 25,000 shares of the business's stock in a transaction on Friday, September 16th. The shares were bought at an average price of $6.12 per share, for a total transaction of $153,000.00. Following the purchase, the president now directly owns 245,266 shares in the company, valued at approximately $1,501,027.92. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
1-800-FLOWERS.COM Trading Up 6.2 %
1-800-FLOWERS.COM stock traded up $0.38 during midday trading on Monday, reaching $6.48. 33,633 shares of the stock traded hands, compared to its average volume of 863,943. The company has a current ratio of 1.43, a quick ratio of 0.63 and a debt-to-equity ratio of 0.28. The firm has a market cap of $418.32 million, a PE ratio of 14.02 and a beta of 1.60. The company has a 50-day simple moving average of $9.23 and a two-hundred day simple moving average of $10.76. 1-800-FLOWERS.COM, Inc. has a 12-month low of $5.95 and a 12-month high of $35.72.
Get 1-800-FLOWERS.COM alerts:1-800-FLOWERS.COM (NASDAQ:FLWS – Get Rating) last issued its earnings results on Thursday, September 1st. The specialty retailer reported ($0.34) earnings per share for the quarter, missing the consensus estimate of ($0.22) by ($0.12). 1-800-FLOWERS.COM had a net margin of 1.34% and a return on equity of 6.21%. The firm had revenue of $485.90 million during the quarter, compared to analyst estimates of $486.81 million. During the same period last year, the business earned $0.20 EPS. The firm's revenue was down .2% compared to the same quarter last year. Research analysts expect that 1-800-FLOWERS.COM, Inc. will post 0.45 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Several analysts have weighed in on the company. Craig Hallum dropped their price target on 1-800-FLOWERS.COM to $8.00 in a research note on Tuesday, September 6th. DA Davidson decreased their price target on shares of 1-800-FLOWERS.COM from $9.25 to $7.00 and set a "neutral" rating on the stock in a research note on Friday, September 2nd. StockNews.com downgraded 1-800-FLOWERS.COM from a "hold" rating to a "sell" rating in a research report on Wednesday, August 31st. Noble Financial decreased their price objective on 1-800-FLOWERS.COM to $13.00 in a report on Tuesday, September 6th. Finally, Benchmark reduced their target price on shares of 1-800-FLOWERS.COM from $17.00 to $13.00 and set a "buy" rating for the company in a research report on Friday, September 2nd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $10.25.Institutional Inflows and Outflows
Several large investors have recently modified their holdings of FLWS. Federated Hermes Inc. purchased a new stake in 1-800-FLOWERS.COM in the second quarter valued at $8,734,000. Verition Fund Management LLC purchased a new stake in shares of 1-800-FLOWERS.COM in the 2nd quarter valued at about $178,000. Eagle Bay Advisors LLC grew its stake in 1-800-FLOWERS.COM by 222.0% during the 2nd quarter. Eagle Bay Advisors LLC now owns 2,866 shares of the specialty retailer's stock worth $27,000 after buying an additional 1,976 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in 1-800-FLOWERS.COM by 52.5% in the second quarter. Goldman Sachs Group Inc. now owns 263,798 shares of the specialty retailer's stock valued at $2,508,000 after buying an additional 90,773 shares during the last quarter. Finally, Occudo Quantitative Strategies LP boosted its holdings in shares of 1-800-FLOWERS.COM by 60.3% in the second quarter. Occudo Quantitative Strategies LP now owns 19,665 shares of the specialty retailer's stock valued at $187,000 after acquiring an additional 7,396 shares during the period. Institutional investors and hedge funds own 37.61% of the company's stock.
About 1-800-FLOWERS.COM
(Get Rating)
1-800-FLOWERS.COM, Inc, together with its subsidiaries, 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, personalized products, dipped berries, popcorns, gourmet foods and gift baskets, cookies, chocolates, candies, wines, and gift-quality fruits.
See Also
- Get a free copy of the StockNews.com research report on 1-800-FLOWERS.COM (FLWS)
- Still Lovin' It: Investors Keep Visiting McDonald's
- Did FedEx Just Deliver A Buying Opportunity?
- Autozone Shifts Back Into Rally-Mode, New Highs Are In Sight
- Upwork Shares Stumble into Bargain Territory
- Kroger's is Your One-Stop Consumer Staples Stock
Receive News & Ratings for 1-800-FLOWERS.COM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 1-800-FLOWERS.COM and related companies with MarketBeat.com's FREE daily email newsletter.