1-800-FLOWERS.COM (NASDAQ:FLWS) Trading 3.1% Higher

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) shot up 3.1% during mid-day trading on Monday . The stock traded as high as $9.95 and last traded at $9.91. 60,374 shares were traded during trading, a decline of 82% from the average session volume of 330,654 shares. The stock had previously closed at $9.61.

Wall Street Analysts Forecast Growth

FLWS has been the topic of several research analyst reports. DA Davidson downgraded 1-800-FLOWERS.COM from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 18th. StockNews.com cut shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note on Friday, May 3rd.

1-800-FLOWERS.COM Stock Up 3.1 %

The company has a debt-to-equity ratio of 0.37, a current ratio of 1.89 and a quick ratio of 1.13. The firm has a 50-day moving average of $9.59 and a two-hundred day moving average of $9.79.

1-800-FLOWERS.COM (NASDAQ:FLWS) last issued its earnings results on Thursday, May 2nd. The specialty retailer reported ($0.28) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.24) by ($0.04). The company had revenue of $379.40 million during the quarter, compared to analyst estimates of $383.73 million. 1-800-FLOWERS.COM had a negative net margin of 0.42% and a positive return on equity of 3.27%. The company’s quarterly revenue was down 9.1% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.27) EPS. Equities research analysts predict that 1-800-FLOWERS.COM, Inc. will post 0.24 EPS for the current year.

Institutional Trading of 1-800-FLOWERS.COM

Hedge funds have recently added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC boosted its stake in 1-800-FLOWERS.COM by 96.5% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 10,532 shares of the specialty retailer’s stock valued at $114,000 after acquiring an additional 5,173 shares during the last quarter. EntryPoint Capital LLC purchased a new position in shares of 1-800-FLOWERS.COM during the 1st quarter valued at $167,000. Stratos Wealth Advisors LLC bought a new position in 1-800-FLOWERS.COM during the fourth quarter valued at approximately $208,000. Price T Rowe Associates Inc. MD boosted its stake in shares of 1-800-FLOWERS.COM by 6.4% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 21,265 shares of the specialty retailer’s stock worth $231,000 after acquiring an additional 1,287 shares in the last quarter. Finally, Prosperity Wealth Management Inc. acquired a new position in 1-800-FLOWERS.COM in the 4th quarter valued at $248,000. 38.43% of the stock is owned by institutional investors and hedge funds.

About 1-800-FLOWERS.COM

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.