1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS – Get Rating) President Thomas G. Hartnett acquired 25,000 shares of the business's stock in a transaction dated Friday, September 16th. The stock was purchased at an average price of $6.12 per share, with a total value of $153,000.00. Following the completion of the transaction, the president now directly owns 245,266 shares of the company's stock, valued at approximately $1,501,027.92. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
1-800-FLOWERS.COM Trading Up 5.9 %
FLWS stock opened at $6.46 on Tuesday. The company has a market capitalization of $417.03 million, a PE ratio of 14.68 and a beta of 1.60. 1-800-FLOWERS.COM, Inc. has a one year low of $5.95 and a one year high of $35.72. The company's 50 day moving average price is $9.16 and its two-hundred day moving average price is $10.71. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.63 and a current ratio of 1.43.
Get 1-800-FLOWERS.COM alerts:1-800-FLOWERS.COM (NASDAQ:FLWS – Get Rating) last posted its quarterly earnings results on Thursday, September 1st. The specialty retailer reported ($0.34) EPS for the quarter, missing the consensus estimate of ($0.22) by ($0.12). The business had revenue of $485.90 million for the quarter, compared to analysts' expectations of $486.81 million. 1-800-FLOWERS.COM had a return on equity of 6.21% and a net margin of 1.34%. The company's revenue was down .2% compared to the same quarter last year. During the same period last year, the business posted $0.20 earnings per share. As a group, analysts predict that 1-800-FLOWERS.COM, Inc. will post 0.45 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
A number of equities analysts have recently commented on the stock. Benchmark cut their price objective 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. Craig Hallum lowered their target price on shares of 1-800-FLOWERS.COM to $8.00 in a research note on Tuesday, September 6th. Noble Financial lowered their target price on shares of 1-800-FLOWERS.COM to $13.00 in a research note on Tuesday, September 6th. StockNews.com downgraded shares of 1-800-FLOWERS.COM from a "hold" rating to a "sell" rating in a research note on Wednesday, August 31st. Finally, DA Davidson lowered their target price 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. One 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's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $10.25.Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. Byrne Asset Management LLC bought a new position in shares of 1-800-FLOWERS.COM in the first quarter worth approximately $26,000. Eagle Bay Advisors LLC grew its holdings in shares of 1-800-FLOWERS.COM by 222.0% in the second quarter. Eagle Bay Advisors LLC now owns 2,866 shares of the specialty retailer's stock worth $27,000 after purchasing an additional 1,976 shares during the last quarter. Point72 Hong Kong Ltd bought a new position in shares of 1-800-FLOWERS.COM in the fourth quarter worth approximately $30,000. UBS Group AG grew its holdings in shares of 1-800-FLOWERS.COM by 3,450.7% in the second quarter. UBS Group AG now owns 5,326 shares of the specialty retailer's stock worth $50,000 after purchasing an additional 5,176 shares during the last quarter. Finally, Amalgamated Bank bought a new position in shares of 1-800-FLOWERS.COM in the first quarter worth approximately $56,000. Institutional investors own 37.61% of the company's stock.
1-800-FLOWERS.COM Company Profile
(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.
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