1-800-Flowers.Com Inc (FLWS) Receives $13.25 Average PT from Brokerages

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1-800-Flowers.Com Inc (NASDAQ:FLWS) has been assigned an average rating of “Hold” from the twelve brokerages that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $13.25.

FLWS has been the topic of several analyst reports. Zacks Investment Research lowered shares of 1-800-Flowers.Com from a “hold” rating to a “sell” rating in a research note on Monday, August 27th. BidaskClub lowered shares of 1-800-Flowers.Com from a “buy” rating to a “hold” rating in a research note on Thursday, August 30th. Noble Financial restated a “hold” rating on shares of 1-800-Flowers.Com in a research note on Tuesday, August 28th. Benchmark restated a “buy” rating and issued a $16.00 price target (up previously from $14.00) on shares of 1-800-Flowers.Com in a research note on Wednesday, August 22nd. Finally, Northcoast Research restated a “neutral” rating on shares of 1-800-Flowers.Com in a research note on Wednesday, August 15th.

In other 1-800-Flowers.Com news, CEO Christopher G. Mccann sold 15,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 15th. The shares were sold at an average price of $14.34, for a total value of $215,100.00. Following the sale, the chief executive officer now owns 1,141,709 shares in the company, valued at $16,372,107.06. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Christopher G. Mccann sold 12,500 shares of the firm’s stock in a transaction that occurred on Friday, October 12th. The shares were sold at an average price of $11.10, for a total transaction of $138,750.00. Following the completion of the sale, the chief executive officer now owns 937,328 shares in the company, valued at approximately $10,404,340.80. The disclosure for this sale can be found here. Insiders sold 73,750 shares of company stock worth $925,038 in the last 90 days. 53.17% of the stock is owned by company insiders.

Several hedge funds and other institutional investors have recently bought and sold shares of FLWS. Swiss National Bank increased its stake in shares of 1-800-Flowers.Com by 12.7% during the first quarter. Swiss National Bank now owns 46,000 shares of the specialty retailer’s stock valued at $543,000 after acquiring an additional 5,200 shares during the period. Schwab Charles Investment Management Inc. increased its stake in shares of 1-800-Flowers.Com by 11.1% during the first quarter. Schwab Charles Investment Management Inc. now owns 143,586 shares of the specialty retailer’s stock valued at $1,695,000 after acquiring an additional 14,331 shares during the period. Aperio Group LLC increased its stake in shares of 1-800-Flowers.Com by 43.1% during the first quarter. Aperio Group LLC now owns 22,408 shares of the specialty retailer’s stock valued at $264,000 after acquiring an additional 6,746 shares during the period. Northern Trust Corp increased its stake in shares of 1-800-Flowers.Com by 1.8% during the first quarter. Northern Trust Corp now owns 335,350 shares of the specialty retailer’s stock valued at $3,957,000 after acquiring an additional 5,979 shares during the period. Finally, Natixis Advisors L.P. acquired a new position in shares of 1-800-Flowers.Com during the first quarter valued at approximately $259,000. Institutional investors and hedge funds own 33.38% of the company’s stock.

NASDAQ FLWS traded down $0.25 during trading hours on Friday, reaching $10.76. The company’s stock had a trading volume of 308,200 shares, compared to its average volume of 184,562. The company has a quick ratio of 1.48, a current ratio of 2.19 and a debt-to-equity ratio of 0.29. 1-800-Flowers.Com has a 52 week low of $8.85 and a 52 week high of $15.00. The stock has a market capitalization of $733.10 million, a P/E ratio of 24.93, a P/E/G ratio of 2.75 and a beta of 1.07.

1-800-Flowers.Com (NASDAQ:FLWS) last issued its earnings results on Thursday, August 23rd. The specialty retailer reported ($0.12) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.13) by $0.01. 1-800-Flowers.Com had a net margin of 3.54% and a return on equity of 9.49%. The firm had revenue of $229.93 million for the quarter, compared to analysts’ expectations of $227.57 million. During the same quarter last year, the company posted ($0.11) earnings per share. 1-800-Flowers.Com’s revenue was down 4.0% on a year-over-year basis. As a group, equities research analysts expect that 1-800-Flowers.Com will post 0.41 earnings per share for the current year.

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.

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Analyst Recommendations for 1-800-Flowers.Com (NASDAQ:FLWS)

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