1-800-Flowers.Com Inc to Post Q4 2019 Earnings of ($0.13) Per Share, DA Davidson Forecasts (FLWS)

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1-800-Flowers.Com Inc (NASDAQ:FLWS) – Investment analysts at DA Davidson upped their Q4 2019 earnings per share estimates for shares of 1-800-Flowers.Com in a report issued on Monday, November 5th. DA Davidson analyst L. Weiser now forecasts that the specialty retailer will post earnings per share of ($0.13) for the quarter, up from their previous estimate of ($0.14). DA Davidson also issued estimates for 1-800-Flowers.Com’s Q1 2020 earnings at ($0.28) EPS and Q4 2020 earnings at ($0.12) EPS.

Several other research firms have also issued reports on FLWS. BidaskClub upgraded 1-800-Flowers.Com from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, August 15th. Benchmark restated a “buy” rating and set a $16.00 price target (up from $14.00) on shares of 1-800-Flowers.Com in a research report on Wednesday, August 22nd. Northcoast Research restated a “neutral” rating on shares of 1-800-Flowers.Com in a research report on Wednesday, August 15th. ValuEngine upgraded 1-800-Flowers.Com from a “buy” rating to a “strong-buy” rating in a research report on Thursday, November 1st. Finally, Zacks Investment Research upgraded 1-800-Flowers.Com from a “sell” rating to a “hold” rating in a research report on Friday, November 2nd. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. 1-800-Flowers.Com currently has a consensus rating of “Hold” and an average target price of $13.50.

FLWS opened at $13.30 on Thursday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.48 and a current ratio of 2.19. 1-800-Flowers.Com has a 1 year low of $8.85 and a 1 year high of $15.00. The company has a market cap of $875.84 million, a P/E ratio of 37.67, a P/E/G ratio of 3.31 and a beta of 1.11.

1-800-Flowers.Com (NASDAQ:FLWS) last posted its quarterly earnings results on Thursday, November 1st. The specialty retailer reported ($0.27) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.30) by $0.03. 1-800-Flowers.Com had a return on equity of 7.82% and a net margin of 3.16%. The business had revenue of $169.50 million for the quarter, compared to analyst estimates of $165.59 million. During the same period last year, the company earned ($0.20) EPS. 1-800-Flowers.Com’s revenue for the quarter was up 7.8% compared to the same quarter last year.

In other news, CEO Christopher G. Mccann sold 25,000 shares of 1-800-Flowers.Com stock in a transaction that occurred on Thursday, November 1st. The stock was sold at an average price of $11.00, for a total value of $275,000.00. Following the sale, the chief executive officer now directly owns 898,582 shares in the company, valued at approximately $9,884,402. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Leonard J. Elmore sold 3,234 shares of 1-800-Flowers.Com stock in a transaction that occurred on Tuesday, November 6th. The stock was sold at an average price of $12.96, for a total value of $41,912.64. Following the completion of the sale, the director now owns 42,487 shares in the company, valued at $550,631.52. The disclosure for this sale can be found here. Over the last quarter, insiders sold 111,984 shares of company stock worth $1,361,950. Corporate insiders own 64.42% of the company’s stock.

Hedge funds have recently modified their holdings of the company. SG Americas Securities LLC bought a new stake in shares of 1-800-Flowers.Com in the 2nd quarter worth approximately $108,000. Tower Research Capital LLC TRC grew its position in shares of 1-800-Flowers.Com by 97.9% in the 2nd quarter. Tower Research Capital LLC TRC now owns 9,159 shares of the specialty retailer’s stock worth $114,000 after buying an additional 4,531 shares during the last quarter. Tocqueville Asset Management L.P. bought a new stake in shares of 1-800-Flowers.Com in the 2nd quarter worth approximately $132,000. Voya Investment Management LLC bought a new stake in shares of 1-800-Flowers.Com in the 2nd quarter worth approximately $132,000. Finally, Barclays PLC grew its position in shares of 1-800-Flowers.Com by 103.0% in the 1st quarter. Barclays PLC now owns 11,791 shares of the specialty retailer’s stock worth $139,000 after buying an additional 5,983 shares during the last quarter. Hedge funds and other institutional investors own 32.90% of the company’s stock.

1-800-Flowers.Com Company Profile

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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Earnings History and Estimates for 1-800-Flowers.Com (NASDAQ:FLWS)

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