Weiss Ratings Reiterates “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 report issued on Saturday,Weiss Ratings reports.

Separately, DA Davidson restated a “neutral” rating and set a $7.50 price target on shares of 1-800-FLOWERS.COM in a research report on Friday, March 14th.

1-800-FLOWERS.COM Trading Up 2.3 %

1-800-FLOWERS.COM stock opened at $5.80 on Friday. The stock has a market cap of $368.89 million, a P/E ratio of -52.73 and a beta of 1.81. 1-800-FLOWERS.COM has a fifty-two week low of $5.43 and a fifty-two week high of $11.42. The firm’s fifty day moving average price is $7.53 and its 200-day moving average price is $7.79. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.03 and a current ratio of 1.51.

1-800-FLOWERS.COM (NASDAQ:FLWS) last released 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%. Equities research analysts forecast that 1-800-FLOWERS.COM will post -0.07 earnings per share for the current fiscal year.

Insider Transactions at 1-800-FLOWERS.COM

In other news, major shareholder Fund 1 Investments, Llc bought 156,500 shares of the company’s stock in a transaction dated Thursday, March 20th. The stock was bought at an average cost of $5.62 per share, for a total transaction of $879,530.00. Following the completion of the acquisition, the insider now owns 8,035,969 shares in the company, valued at approximately $45,162,145.78. This trade represents a 1.99 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Over the last ninety days, insiders bought 2,135,105 shares of company stock worth $16,169,191. Company insiders own 51.00% of the company’s stock.

Institutional Trading of 1-800-FLOWERS.COM

A number of institutional investors have recently modified their holdings of FLWS. Nomura Holdings Inc. boosted its holdings in shares of 1-800-FLOWERS.COM by 63.6% during the fourth quarter. Nomura Holdings Inc. now owns 2,941,572 shares of the specialty retailer’s stock worth $24,033,000 after purchasing an additional 1,143,027 shares during the period. Fund 1 Investments LLC boosted its holdings in shares of 1-800-FLOWERS.COM by 12.4% during the fourth quarter. Fund 1 Investments LLC now owns 4,174,364 shares of the specialty retailer’s stock worth $34,105,000 after purchasing an additional 461,000 shares during the period. First Eagle Investment Management LLC lifted its holdings in 1-800-FLOWERS.COM by 117.4% in the fourth quarter. First Eagle Investment Management LLC now owns 349,260 shares of the specialty retailer’s stock worth $2,853,000 after buying an additional 188,582 shares during the period. Cannell Capital LLC purchased a new stake in 1-800-FLOWERS.COM in the fourth quarter worth about $628,000. Finally, Gamco Investors INC. ET AL lifted 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 worth $10,493,000 after buying an additional 76,400 shares during the period. 38.43% of the stock is currently owned by hedge funds and other institutional investors.

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.