1-800-FLOWERS.COM (NASDAQ:FLWS) Downgraded to “Hold” at StockNews.com

1-800-FLOWERS.COM (NASDAQ:FLWS) was downgraded by research analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued on Friday.

Separately, DA Davidson reduced their price objective on 1-800-FLOWERS.COM from $9.50 to $9.00 and set a “neutral” rating on the stock in a research note on Friday.

1-800-FLOWERS.COM Price Performance

Shares of 1-800-FLOWERS.COM stock traded down $0.22 during mid-day trading on Friday, reaching $8.90. 381,089 shares of the stock were exchanged, compared to its average volume of 380,948. 1-800-FLOWERS.COM has a fifty-two week low of $5.97 and a fifty-two week high of $11.42. The company has a market cap of $574.02 million, a price-to-earnings ratio of -9.27, a price-to-earnings-growth ratio of 2.16 and a beta of 1.67. The firm has a 50-day simple moving average of $9.82 and a 200 day simple moving average of $9.57. The company has a current ratio of 1.59, a quick ratio of 1.12 and a debt-to-equity ratio of 0.36.

1-800-FLOWERS.COM (NASDAQ:FLWS) last posted its quarterly earnings data on Thursday, May 2nd. The specialty retailer reported ($0.28) earnings per share for the quarter, missing the consensus estimate of ($0.24) by ($0.04). The firm had revenue of $379.40 million for the quarter, compared to analyst estimates of $383.73 million. 1-800-FLOWERS.COM had a positive return on equity of 3.32% and a negative net margin of 3.24%. The business’s quarterly revenue was down 9.1% on a year-over-year basis. During the same period in the previous year, the business posted ($0.27) EPS. On average, sell-side analysts predict that 1-800-FLOWERS.COM will post 0.28 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Arnold P. Leap sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $9.32, for a total value of $27,960.00. Following the completion of the sale, the insider now owns 72,739 shares of the company’s stock, valued at $677,927.48. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 49.77% of the company’s stock.

Institutional Trading of 1-800-FLOWERS.COM

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FLWS. Fuller & Thaler Asset Management Inc. bought a new position in shares of 1-800-FLOWERS.COM in the 3rd quarter valued at about $1,564,000. GSA Capital Partners LLP acquired a new position in 1-800-FLOWERS.COM in the first quarter valued at approximately $1,432,000. North Star Investment Management Corp. boosted its stake in 1-800-FLOWERS.COM by 78.2% in the fourth quarter. North Star Investment Management Corp. now owns 300,650 shares of the specialty retailer’s stock valued at $3,241,000 after acquiring an additional 131,900 shares during the last quarter. PEAK6 Investments LLC grew its holdings in 1-800-FLOWERS.COM by 865.9% during the 4th quarter. PEAK6 Investments LLC now owns 144,888 shares of the specialty retailer’s stock worth $1,562,000 after acquiring an additional 129,888 shares during the period. Finally, Prosperity Consulting Group LLC bought a new stake in shares of 1-800-FLOWERS.COM during the 1st quarter valued at $1,105,000. 38.43% of the stock is currently owned by institutional investors and hedge funds.

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.