1-800-FLOWERS.COM (NASDAQ:FLWS) Posts Quarterly Earnings Results, Misses Estimates By $0.11 EPS

1-800-FLOWERS.COM (NASDAQ:FLWS) issued its earnings results on Thursday. The specialty retailer reported $1.08 earnings per share for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.11), Zacks reports. 1-800-FLOWERS.COM had a positive return on equity of 2.10% and a negative net margin of 0.50%.

1-800-FLOWERS.COM Trading Down 7.8 %

Shares of NASDAQ:FLWS traded down $0.69 on Thursday, reaching $8.14. 797,075 shares of the company traded hands, compared to its average volume of 486,428. The business’s 50-day simple moving average is $7.95 and its 200 day simple moving average is $8.31. The stock has a market capitalization of $522.75 million, a P/E ratio of -58.50, a price-to-earnings-growth ratio of 3.29 and a beta of 1.58. The company has a current ratio of 1.44, a quick ratio of 0.41 and a debt-to-equity ratio of 0.40. 1-800-FLOWERS.COM has a 52 week low of $6.56 and a 52 week high of $11.42.

Wall Street Analysts Forecast Growth

FLWS has been the subject of a number of analyst reports. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of 1-800-FLOWERS.COM in a report on Saturday, January 18th. StockNews.com cut shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research report on Saturday, November 9th. Finally, DA Davidson upped their target price on shares of 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the stock a “neutral” rating in a research report on Thursday, October 31st.

Insider Activity

In other news, major shareholder Fund 1 Investments, Llc acquired 89,301 shares of the firm’s stock in a transaction that occurred on Wednesday, January 22nd. The stock was bought at an average cost of $8.38 per share, for a total transaction of $748,342.38. Following the acquisition, the insider now directly owns 4,668,665 shares in the company, valued at approximately $39,123,412.70. The trade was a 1.95 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Insiders bought a total of 334,301 shares of company stock worth $2,597,102 in the last quarter. 51.00% of the stock is owned by company insiders.

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.