1-800-FLOWERS.COM (NASDAQ:FLWS) Given “Neutral” Rating at DA Davidson

1-800-FLOWERS.COM (NASDAQ:FLWS)‘s stock had its “neutral” rating reiterated by stock analysts at DA Davidson in a research report issued on Thursday,Benzinga reports. They currently have a $7.50 target price on the specialty retailer’s stock. DA Davidson’s price target indicates a potential downside of 7.29% from the stock’s previous close.

A number of other equities analysts have also recently commented on the company. StockNews.com cut 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a report on Saturday, November 9th. Weiss Ratings reissued a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a research note on Saturday, January 18th.

1-800-FLOWERS.COM Price Performance

FLWS traded down $0.74 on Thursday, hitting $8.09. 1,591,892 shares of the stock were exchanged, compared to its average volume of 529,442. The firm has a market capitalization of $519.54 million, a price-to-earnings ratio of -57.79, a PEG ratio of 3.29 and a beta of 1.58. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.44 and a quick ratio of 0.41. 1-800-FLOWERS.COM has a 12 month low of $6.56 and a 12 month high of $11.42. The business has a 50-day moving average of $7.95 and a two-hundred day moving average of $8.31.

1-800-FLOWERS.COM (NASDAQ:FLWS) last issued its quarterly earnings results on Thursday, January 30th. The specialty retailer reported $1.08 earnings per share for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.11). 1-800-FLOWERS.COM had a positive return on equity of 2.10% and a negative net margin of 0.50%. Sell-side analysts forecast that 1-800-FLOWERS.COM will post 0.17 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, major shareholder Fund 1 Investments, Llc purchased 89,301 shares of 1-800-FLOWERS.COM stock in a transaction dated Wednesday, January 22nd. The shares were bought at an average cost of $8.38 per share, for a total transaction of $748,342.38. Following the completion of the acquisition, the insider now owns 4,668,665 shares in the company, valued at approximately $39,123,412.70. This trade represents a 1.95 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Over the last quarter, insiders have purchased 334,301 shares of company stock valued at $2,597,102. 51.00% of the stock is currently owned by insiders.

Institutional Investors Weigh In On 1-800-FLOWERS.COM

Several hedge funds have recently added to or reduced their stakes in the business. Empowered Funds LLC grew its stake in shares of 1-800-FLOWERS.COM by 50.3% in the third quarter. Empowered Funds LLC now owns 340,637 shares of the specialty retailer’s stock worth $2,701,000 after purchasing an additional 114,072 shares during the last quarter. GSA Capital Partners LLP bought a new position in shares of 1-800-FLOWERS.COM during the third quarter worth about $947,000. Dimensional Fund Advisors LP lifted its stake in shares of 1-800-FLOWERS.COM by 5.2% in the second quarter. Dimensional Fund Advisors LP now owns 2,635,093 shares of the specialty retailer’s stock worth $25,086,000 after acquiring an additional 129,627 shares during the period. Jane Street Group LLC boosted its holdings in 1-800-FLOWERS.COM by 66.1% in the third quarter. Jane Street Group LLC now owns 56,440 shares of the specialty retailer’s stock valued at $448,000 after acquiring an additional 22,460 shares during the last quarter. Finally, Arkadios Wealth Advisors increased its position in 1-800-FLOWERS.COM by 12.9% during the 4th quarter. Arkadios Wealth Advisors now owns 35,215 shares of the specialty retailer’s stock valued at $288,000 after purchasing an additional 4,015 shares during the period. 38.43% of the stock is currently owned by institutional investors and hedge funds.

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.