Brokerages Set 1-800-Flowers.Com Inc (FLWS) Price Target at $18.06

1-800-Flowers.Com Inc (NASDAQ:FLWS) has been given an average rating of “Buy” by the eleven analysts that are presently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating, five have issued a buy rating and three have issued a strong buy rating on the company. The average twelve-month price target among brokers that have covered the stock in the last year is $21.65.

FLWS has been the topic of several research analyst reports. Sidoti downgraded 1-800-Flowers.Com from a “buy” rating to a “neutral” rating in a research note on Wednesday, February 6th. TheStreet raised 1-800-Flowers.Com from a “c+” rating to a “b” rating in a research note on Friday, February 1st. Noble Financial raised 1-800-Flowers.Com from a “market perform” rating to an “outperform” rating and set a $19.00 price objective on the stock in a research note on Friday, February 1st. DA Davidson raised 1-800-Flowers.Com from a “neutral” rating to a “buy” rating and set a $18.25 price objective on the stock in a research note on Tuesday, March 19th. Finally, BidaskClub raised 1-800-Flowers.Com from a “hold” rating to a “buy” rating in a research note on Wednesday, February 13th.

Shares of 1-800-Flowers.Com stock opened at $20.64 on Tuesday. The firm has a market cap of $1.37 billion, a P/E ratio of 46.91, a price-to-earnings-growth ratio of 4.30 and a beta of 1.35. 1-800-Flowers.Com has a 12 month low of $10.01 and a 12 month high of $21.77. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.60 and a current ratio of 1.92.

1-800-Flowers.Com (NASDAQ:FLWS) last issued its quarterly earnings data on Tuesday, April 30th. The specialty retailer reported ($0.13) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.18) by $0.05. The business had revenue of $248.40 million for the quarter, compared to the consensus estimate of $243.12 million. 1-800-Flowers.Com had a return on equity of 11.01% and a net margin of 2.86%. The firm’s revenue was up 4.2% compared to the same quarter last year. During the same quarter last year, the business posted ($0.15) EPS. On average, analysts expect that 1-800-Flowers.Com will post 0.5 EPS for the current year.

In other 1-800-Flowers.Com news, CEO Christopher G. Mccann sold 25,000 shares of the stock in a transaction dated Thursday, April 25th. The stock was sold at an average price of $19.02, for a total transaction of $475,500.00. Following the completion of the transaction, the chief executive officer now owns 943,328 shares in the company, valued at approximately $17,942,098.56. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Arnold P. Leap sold 2,000 shares of the stock in a transaction dated Wednesday, February 6th. The stock was sold at an average price of $17.03, for a total value of $34,060.00. Following the transaction, the insider now owns 30,381 shares of the company’s stock, valued at approximately $517,388.43. The disclosure for this sale can be found here. In the last quarter, insiders have sold 157,000 shares of company stock valued at $2,833,560. Corporate insiders own 64.42% of the company’s stock.

A number of hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. increased its holdings in 1-800-Flowers.Com by 2.0% during the 4th quarter. BlackRock Inc. now owns 1,914,110 shares of the specialty retailer’s stock worth $23,409,000 after purchasing an additional 37,355 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of 1-800-Flowers.Com by 3.7% in the 3rd quarter. Vanguard Group Inc. now owns 1,258,070 shares of the specialty retailer’s stock valued at $14,845,000 after acquiring an additional 44,523 shares in the last quarter. Vanguard Group Inc grew its holdings in shares of 1-800-Flowers.Com by 3.7% in the 3rd quarter. Vanguard Group Inc now owns 1,258,070 shares of the specialty retailer’s stock valued at $14,845,000 after acquiring an additional 44,523 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of 1-800-Flowers.Com by 8.9% in the 3rd quarter. AQR Capital Management LLC now owns 1,147,890 shares of the specialty retailer’s stock valued at $13,545,000 after acquiring an additional 93,520 shares in the last quarter. Finally, Peregrine Capital Management LLC grew its holdings in shares of 1-800-Flowers.Com by 25.8% in the 4th quarter. Peregrine Capital Management LLC now owns 671,387 shares of the specialty retailer’s stock valued at $8,211,000 after acquiring an additional 137,881 shares in the last quarter. Hedge funds and other institutional investors own 31.27% of the company’s stock.

1-800-Flowers.Com Company Profile

1-800-FLOWERS.COM, Inc, together with its subsidiaries, provides gourmet food and floral gifts for various occasions in the United States. It operates in three segments: Consumer Floral; Gourmet Foods & Gift Baskets; and BloomNet Wire Service. The company offers a range of products, including fresh-cut flowers, floral and fruit arrangements and plants, gifts, popcorn, gourmet foods and gift baskets, cookies, chocolates, candies, wine, and gift-quality fruits, as well as balloons, candles, keepsake gifts, jewelry, and plush stuffed animals.

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Analyst Recommendations for 1-800-Flowers.Com (NASDAQ:FLWS)

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