1-800-FLOWERS.COM’s (FLWS) “Sell (E+)” Rating Reiterated at Weiss Ratings

Weiss Ratings reaffirmed their sell (e+) rating on shares of 1-800-FLOWERS.COM (NASDAQ:FLWS) in a report published on Wednesday,Weiss Ratings reports.

FLWS has been the topic of several other reports. StockNews.com cut 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating in a research report on Saturday, November 9th. DA Davidson restated a “neutral” rating and set a $7.50 target price on shares of 1-800-FLOWERS.COM in a research report on Thursday, January 30th.

1-800-FLOWERS.COM Stock Down 6.7 %

Shares of NASDAQ:FLWS opened at $7.66 on Wednesday. The company has a current ratio of 1.51, a quick ratio of 1.03 and a debt-to-equity ratio of 0.32. The stock has a fifty day simple moving average of $8.03 and a two-hundred day simple moving average of $8.14. 1-800-FLOWERS.COM has a 12-month low of $6.56 and a 12-month high of $11.42. The stock has a market capitalization of $487.18 million, a price-to-earnings ratio of -69.64 and a beta of 1.58.

1-800-FLOWERS.COM (NASDAQ:FLWS) last posted its quarterly earnings results on Thursday, January 30th. The specialty retailer reported $1.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.19 by ($0.11). 1-800-FLOWERS.COM had a negative return on equity of 0.76% and a negative net margin of 0.43%. On average, research analysts anticipate that 1-800-FLOWERS.COM will post -0.07 earnings per share for the current fiscal year.

Insider Activity at 1-800-FLOWERS.COM

In other news, major shareholder Fund 1 Investments, Llc bought 73,100 shares of the firm’s stock in a transaction on Tuesday, January 28th. The shares were bought at an average price of $8.68 per share, for a total transaction of $634,508.00. Following the purchase, the insider now owns 4,741,765 shares in the company, valued at approximately $41,158,520.20. The trade was a 1.57 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last three months, insiders have purchased 1,661,105 shares of company stock worth $13,063,271. Corporate insiders own 51.00% of the company’s stock.

Hedge Funds Weigh In On 1-800-FLOWERS.COM

A number of hedge funds have recently modified their holdings of the company. Nomura Holdings Inc. raised its position in shares of 1-800-FLOWERS.COM by 63.6% during the 4th quarter. Nomura Holdings Inc. now owns 2,941,572 shares of the specialty retailer’s stock valued at $24,033,000 after purchasing an additional 1,143,027 shares during the period. Fund 1 Investments LLC raised its holdings in 1-800-FLOWERS.COM by 12.4% during the fourth quarter. Fund 1 Investments LLC now owns 4,174,364 shares of the specialty retailer’s stock valued at $34,105,000 after acquiring an additional 461,000 shares during the period. First Eagle Investment Management LLC lifted its position in shares of 1-800-FLOWERS.COM by 117.4% in the fourth quarter. First Eagle Investment Management LLC now owns 349,260 shares of the specialty retailer’s stock valued at $2,853,000 after acquiring an additional 188,582 shares in the last quarter. GSA Capital Partners LLP purchased a new position in shares of 1-800-FLOWERS.COM in the third quarter valued at about $947,000. Finally, Empowered Funds LLC boosted its stake in shares of 1-800-FLOWERS.COM by 50.3% in the third quarter. Empowered Funds LLC now owns 340,637 shares of the specialty retailer’s stock worth $2,701,000 after acquiring an additional 114,072 shares during the period. 38.43% of the stock is currently owned by institutional investors.

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.