1-800-FLOWERS.COM (NASDAQ:FLWS) Trading 5.3% Higher – Here’s What Happened

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) rose 5.3% during trading on Tuesday . The stock traded as high as $8.20 and last traded at $8.20. Approximately 125,163 shares changed hands during trading, a decline of 62% from the average daily volume of 326,725 shares. The stock had previously closed at $7.79.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on FLWS shares. DA Davidson lifted their price target on 1-800-FLOWERS.COM from $7.00 to $7.50 and gave the stock a “neutral” rating in a research note on Thursday, October 31st. StockNews.com cut 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a report on Saturday, November 9th.

1-800-FLOWERS.COM Stock Performance

The stock has a market cap of $527.25 million, a PE ratio of -55.64, a PEG ratio of 3.09 and a beta of 1.60. The stock has a fifty day simple moving average of $8.10 and a two-hundred day simple moving average of $8.72. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.41 and a current ratio of 1.44.

1-800-FLOWERS.COM (NASDAQ:FLWS) last announced its earnings results on Thursday, October 31st. The specialty retailer reported ($0.51) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.53) by $0.02. 1-800-FLOWERS.COM had a positive return on equity of 2.10% and a negative net margin of 0.50%. The company had revenue of $193.20 million for the quarter, compared to analyst estimates of $246.88 million. During the same period in the prior year, the company posted ($0.48) EPS. 1-800-FLOWERS.COM’s quarterly revenue was down 28.2% on a year-over-year basis. Equities analysts anticipate that 1-800-FLOWERS.COM, Inc. will post 0.17 EPS for the current fiscal year.

Insider Activity at 1-800-FLOWERS.COM

In other 1-800-FLOWERS.COM news, major shareholder Fund 1 Investments, Llc sold 40,000 shares of the stock in a transaction on Monday, November 4th. The stock was sold at an average price of $7.80, for a total value of $312,000.00. Following the sale, the insider now directly owns 3,674,364 shares of the company’s stock, valued at $28,660,039.20. This trade represents a 1.08 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 51.00% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. nVerses Capital LLC bought a new position in 1-800-FLOWERS.COM during the third quarter valued at about $41,000. SG Americas Securities LLC purchased a new stake in shares of 1-800-FLOWERS.COM during the third quarter valued at $106,000. Paloma Partners Management Co purchased a new stake in shares of 1-800-FLOWERS.COM during the third quarter valued at $121,000. Price T Rowe Associates Inc. MD lifted its holdings in shares of 1-800-FLOWERS.COM by 6.4% during the first quarter. Price T Rowe Associates Inc. MD now owns 21,265 shares of the specialty retailer’s stock valued at $231,000 after purchasing an additional 1,287 shares during the last quarter. Finally, Federated Hermes Inc. lifted its holdings in shares of 1-800-FLOWERS.COM by 8.9% during the second quarter. Federated Hermes Inc. now owns 25,633 shares of the specialty retailer’s stock valued at $244,000 after purchasing an additional 2,100 shares during the last quarter. Institutional investors own 38.43% of the company’s stock.

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.