1-800-Flowers.Com Inc (NASDAQ:FLWS) Short Interest Up 5.2% in June

1-800-Flowers.Com Inc (NASDAQ:FLWS) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 3,082,800 shares, an increase of 5.2% from the May 15th total of 2,930,800 shares. Based on an average daily trading volume, of 412,600 shares, the short-interest ratio is currently 7.5 days. Approximately 12.8% of the company’s shares are short sold.

Shares of NASDAQ:FLWS traded up $0.07 during trading on Monday, reaching $19.20. 249,117 shares of the stock were exchanged, compared to its average volume of 375,920. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.75 and a current ratio of 2.28. The company has a market cap of $1.23 billion, a price-to-earnings ratio of 43.64, a PEG ratio of 3.34 and a beta of 1.37. The company’s 50-day moving average is $19.18. 1-800-Flowers.Com has a 12 month low of $10.01 and a 12 month high of $21.77.

1-800-Flowers.Com (NASDAQ:FLWS) last announced its quarterly earnings results on Tuesday, April 30th. The specialty retailer reported ($0.13) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.18) by $0.05. The company had revenue of $248.40 million during the quarter, compared to the consensus estimate of $243.12 million. 1-800-Flowers.Com had a net margin of 2.86% and a return on equity of 10.79%. The company’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.15) earnings per share. On average, analysts anticipate that 1-800-Flowers.Com will post 0.5 earnings per share for the current year.

A number of research firms recently issued reports on FLWS. Benchmark upgraded from a “hold” rating to a “buy” rating in a research report on Wednesday, May 1st. Sidoti set a $9.00 price objective on Kirkland’s and gave the company a “buy” rating in a research report on Friday, May 24th. Craig Hallum boosted their price objective on 1-800-Flowers.Com from $26.00 to $20.00 and gave the company a “buy” rating in a research report on Wednesday, May 1st. Zacks Investment Research lowered H&E Equipment Services from a “hold” rating to a “sell” rating in a research report on Wednesday, July 17th. Finally, BidaskClub upgraded DENTSPLY SIRONA from a “buy” rating to a “strong-buy” rating in a report on Thursday, June 13th. Three analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $21.21.

In other 1-800-Flowers.Com news, CEO Christopher G. Mccann sold 12,500 shares of 1-800-Flowers.Com stock in a transaction that occurred on Wednesday, July 3rd. The stock was sold at an average price of $18.88, for a total transaction of $236,000.00. Following the sale, the chief executive officer now directly owns 943,328 shares in the company, valued at approximately $17,810,032.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Christopher G. Mccann sold 25,000 shares of 1-800-Flowers.Com stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of $20.04, for a total value of $501,000.00. Following the sale, the chief executive officer now owns 943,328 shares in the company, valued at $18,904,293.12. The disclosure for this sale can be found here. Over the last three months, insiders sold 175,000 shares of company stock worth $3,359,375. 64.42% of the stock is owned by corporate insiders.

Several institutional investors and hedge funds have recently added to or reduced their stakes in FLWS. Marshall Wace LLP purchased a new stake in shares of 1-800-Flowers.Com in the first quarter worth $7,508,000. AJO LP purchased a new position in 1-800-Flowers.Com in the first quarter valued at approximately $3,491,000. Barclays PLC increased its stake in 1-800-Flowers.Com by 900.2% in the fourth quarter. Barclays PLC now owns 200,087 shares of the specialty retailer’s stock valued at $2,447,000 after purchasing an additional 180,082 shares during the last quarter. CIBC World Markets Inc. purchased a new position in 1-800-Flowers.Com in the first quarter valued at approximately $2,577,000. Finally, EAM Global Investors LLC acquired a new stake in shares of 1-800-Flowers.Com in the first quarter valued at approximately $1,535,000. 36.63% of the stock is owned by hedge funds and other institutional investors.

About 1-800-Flowers.Com

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.

Featured Story: Why do analysts give a neutral rating?

Receive News & Ratings for 1-800-Flowers.Com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 1-800-Flowers.Com and related companies with MarketBeat.com's FREE daily email newsletter.