Key Points
- Insider sale: Jonathan Feldman sold 7,259 shares of 1-800 FLOWERS.COM on November 21 at an average price of $3.10 for $22,502.90, trimming his stake by 12.43% to 51,129 shares per an SEC filing.
- Weak recent results and valuation: The company missed quarterly estimates (EPS -$0.83 vs. -$0.59 expected; revenue $215.2M vs. $218.3M expected), has negative net margin and ROE, and trades around $3.06 with a market cap of about $195M and a 52-week range of $2.93–$9.17.
- Negative analyst sentiment: Analysts rate the stock an average "Reduce" with a $7.50 target and recent downgrades (Weiss: sell; Zacks: strong sell), while institutional ownership stands at roughly 38.4%.
1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS - Get Free Report) insider Jonathan Feldman sold 7,259 shares of the firm's stock in a transaction on Friday, November 21st. The shares were sold at an average price of $3.10, for a total transaction of $22,502.90. Following the sale, the insider owned 51,129 shares in the company, valued at approximately $158,499.90. This represents a 12.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
1-800 FLOWERS.COM Trading Down 1.0%
Shares of 1-800 FLOWERS.COM stock opened at $3.06 on Tuesday. The firm has a 50-day simple moving average of $4.16 and a two-hundred day simple moving average of $4.92. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.48 and a current ratio of 1.28. 1-800 FLOWERS.COM, Inc. has a fifty-two week low of $2.93 and a fifty-two week high of $9.17. The company has a market cap of $194.67 million, a P/E ratio of -0.97 and a beta of 1.24.
1-800 FLOWERS.COM (NASDAQ:FLWS - Get Free Report) last announced its quarterly earnings results on Thursday, October 30th. The specialty retailer reported ($0.83) earnings per share for the quarter, missing the consensus estimate of ($0.59) by ($0.24). The business had revenue of $215.20 million during the quarter, compared to analysts' expectations of $218.32 million. 1-800 FLOWERS.COM had a negative net margin of 11.86% and a negative return on equity of 13.87%. As a group, equities analysts predict that 1-800 FLOWERS.COM, Inc. will post -0.07 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
A number of equities research analysts recently issued reports on the stock. Weiss Ratings reissued a "sell (d-)" rating on shares of 1-800 FLOWERS.COM in a research note on Wednesday, October 8th. Zacks Research lowered shares of 1-800 FLOWERS.COM from a "hold" rating to a "strong sell" rating in a research report on Monday, October 20th. Two investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, 1-800 FLOWERS.COM presently has an average rating of "Reduce" and an average target price of $7.50.
Get Our Latest Research Report on 1-800 FLOWERS.COM
Institutional Investors Weigh In On 1-800 FLOWERS.COM
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. AlphaQuest LLC purchased a new stake in shares of 1-800 FLOWERS.COM during the first quarter worth $25,000. Quarry LP boosted its position in 1-800 FLOWERS.COM by 538,100.0% during the third quarter. Quarry LP now owns 5,382 shares of the specialty retailer's stock worth $25,000 after acquiring an additional 5,381 shares during the last quarter. State of Wyoming grew its stake in 1-800 FLOWERS.COM by 197.8% during the 2nd quarter. State of Wyoming now owns 9,833 shares of the specialty retailer's stock valued at $48,000 after acquiring an additional 6,531 shares in the last quarter. Yousif Capital Management LLC purchased a new position in 1-800 FLOWERS.COM in the 2nd quarter worth approximately $50,000. Finally, Los Angeles Capital Management LLC acquired a new position in shares of 1-800 FLOWERS.COM during the 2nd quarter worth approximately $57,000. Institutional investors and hedge funds own 38.43% of the company's stock.
1-800 FLOWERS.COM Company Profile
(
Get Free Report)
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.
Further Reading
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