1-800-FLOWERS.COM’s (FLWS) Sell (D-) Rating Reaffirmed at Weiss Ratings

Weiss Ratings reiterated their sell (d-) rating on shares of 1-800-FLOWERS.COM (NASDAQ:FLWS) in a research note issued to investors on Friday,Weiss Ratings reports.

Several other research firms have also issued reports on FLWS. StockNews.com lowered 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research note on Saturday, November 9th. DA Davidson reiterated a “neutral” rating and set a $7.50 price objective on shares of 1-800-FLOWERS.COM in a research note on Thursday, January 30th.

1-800-FLOWERS.COM Stock Performance

Shares of NASDAQ FLWS opened at $6.55 on Friday. The business has a fifty day simple moving average of $7.92 and a 200 day simple moving average of $8.00. The company has a current ratio of 1.51, a quick ratio of 1.03 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $416.59 million, a price-to-earnings ratio of -59.55 and a beta of 1.58. 1-800-FLOWERS.COM has a one year low of $6.13 and a one year 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 EPS for the quarter, missing analysts’ consensus estimates 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%. Sell-side analysts expect that 1-800-FLOWERS.COM will post -0.07 EPS for the current year.

Insiders Place Their Bets

In other 1-800-FLOWERS.COM news, major shareholder Fund 1 Investments, Llc bought 61,000 shares of the stock in a transaction dated Monday, January 13th. The stock was bought at an average cost of $7.33 per share, for a total transaction of $447,130.00. Following the completion of the purchase, the insider now owns 4,285,364 shares in the company, valued at $31,411,718.12. This represents a 1.44 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders purchased 1,953,605 shares of company stock worth $15,151,661 over the last three months. 51.00% of the stock is currently owned by corporate insiders.

Institutional Trading of 1-800-FLOWERS.COM

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Fund 1 Investments LLC increased its stake in shares of 1-800-FLOWERS.COM by 12.4% in the fourth quarter. Fund 1 Investments LLC now owns 4,174,364 shares of the specialty retailer’s stock valued at $34,105,000 after buying an additional 461,000 shares in the last quarter. Nomura Holdings Inc. increased its stake in shares of 1-800-FLOWERS.COM by 63.6% in the fourth quarter. Nomura Holdings Inc. now owns 2,941,572 shares of the specialty retailer’s stock valued at $24,033,000 after buying an additional 1,143,027 shares in the last quarter. Gamco Investors INC. ET AL boosted its holdings in 1-800-FLOWERS.COM by 6.3% in the fourth quarter. Gamco Investors INC. ET AL now owns 1,284,300 shares of the specialty retailer’s stock valued at $10,493,000 after acquiring an additional 76,400 shares during the last quarter. State Street Corp boosted its holdings in 1-800-FLOWERS.COM by 0.5% in the third quarter. State Street Corp now owns 599,570 shares of the specialty retailer’s stock valued at $4,755,000 after acquiring an additional 2,886 shares during the last quarter. Finally, Empowered Funds LLC boosted its holdings in 1-800-FLOWERS.COM by 5.1% in the fourth quarter. Empowered Funds LLC now owns 357,988 shares of the specialty retailer’s stock valued at $2,925,000 after acquiring an additional 17,351 shares during the last quarter. 38.43% of the stock is currently 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.