Weiss Ratings Reaffirms Sell (E+) Rating for 1-800-FLOWERS.COM (NASDAQ:FLWS)

1-800-FLOWERS.COM (NASDAQ:FLWS)‘s stock had its “sell (e+)” rating reiterated by analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

Other analysts also recently issued research reports about the stock. DA Davidson reaffirmed a “neutral” rating and issued a $7.50 target price on shares of 1-800-FLOWERS.COM in a report on Thursday, January 30th. StockNews.com downgraded shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a report on Saturday, November 9th.

1-800-FLOWERS.COM Stock Down 4.0 %

Shares of NASDAQ:FLWS opened at $8.21 on Wednesday. The company has a market cap of $522.16 million, a price-to-earnings ratio of -74.64 and a beta of 1.58. The firm’s 50-day simple moving average is $8.03 and its 200-day simple moving average is $8.15. The company has a quick ratio of 1.03, a current ratio of 1.51 and a debt-to-equity ratio of 0.32. 1-800-FLOWERS.COM has a fifty-two week low of $6.56 and a fifty-two week high of $11.42.

1-800-FLOWERS.COM (NASDAQ:FLWS) last issued its earnings results on Thursday, January 30th. The specialty retailer reported $1.08 earnings per share for the quarter, missing the consensus estimate of $1.19 by ($0.11). 1-800-FLOWERS.COM had a negative net margin of 0.43% and a negative return on equity of 0.76%. As a group, equities research analysts predict that 1-800-FLOWERS.COM will post -0.07 earnings per share for the current year.

Insider Buying and Selling

In other 1-800-FLOWERS.COM news, major shareholder Fund 1 Investments, Llc bought 396,004 shares of the business’s stock in a transaction on Thursday, January 30th. The stock was bought at an average price of $7.73 per share, for a total transaction of $3,061,110.92. Following the completion of the transaction, the insider now owns 5,154,769 shares in the company, valued at approximately $39,846,364.37. The trade was a 8.32 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Over the last 90 days, insiders have purchased 1,310,605 shares of company stock valued at $10,322,986. Corporate insiders own 51.00% of the company’s stock.

Hedge Funds Weigh In On 1-800-FLOWERS.COM

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FLWS. Hennion & Walsh Asset Management Inc. raised its position in shares of 1-800-FLOWERS.COM by 3.4% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 44,533 shares of the specialty retailer’s stock valued at $353,000 after buying an additional 1,472 shares during the last quarter. Two Sigma Advisers LP raised its position in shares of 1-800-FLOWERS.COM by 13.0% in the fourth quarter. Two Sigma Advisers LP now owns 13,900 shares of the specialty retailer’s stock valued at $114,000 after buying an additional 1,600 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of 1-800-FLOWERS.COM by 13.0% in the third quarter. JPMorgan Chase & Co. now owns 14,095 shares of the specialty retailer’s stock valued at $112,000 after buying an additional 1,623 shares during the last quarter. Jones Financial Companies Lllp raised its position in shares of 1-800-FLOWERS.COM by 120.1% in the fourth quarter. Jones Financial Companies Lllp now owns 3,664 shares of the specialty retailer’s stock valued at $30,000 after buying an additional 1,999 shares during the last quarter. Finally, Northern Trust Corp raised its position in shares of 1-800-FLOWERS.COM by 1.1% in the fourth quarter. Northern Trust Corp now owns 244,373 shares of the specialty retailer’s stock valued at $1,997,000 after buying an additional 2,663 shares during the last quarter. Institutional investors and hedge funds own 38.43% of the company’s stock.

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.