Equities research analysts expect 1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS) to post $529.80 million in sales for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for 1-800 FLOWERS.COM’s earnings. The highest sales estimate is $537.26 million and the lowest is $522.10 million. 1-800 FLOWERS.COM reported sales of $554.55 million during the same quarter last year, which indicates a negative year over year growth rate of 4.5%. The company is expected to announce its next earnings results on Tuesday, January 30th.

On average, analysts expect that 1-800 FLOWERS.COM will report full-year sales of $529.80 million for the current year, with estimates ranging from $1.15 billion to $1.16 billion. For the next fiscal year, analysts forecast that the firm will report sales of $1.19 billion per share, with estimates ranging from $1.18 billion to $1.21 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research firms that cover 1-800 FLOWERS.COM.

1-800 FLOWERS.COM (NASDAQ:FLWS) last issued its quarterly earnings results on Tuesday, October 31st. The specialty retailer reported ($0.20) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.21) by $0.01. 1-800 FLOWERS.COM had a net margin of 3.93% and a return on equity of 11.13%. The company had revenue of $157.35 million for the quarter, compared to the consensus estimate of $157.63 million. During the same quarter in the prior year, the company earned ($0.24) EPS. 1-800 FLOWERS.COM’s quarterly revenue was down 5.1% on a year-over-year basis.

FLWS has been the subject of several research analyst reports. FBR & Co initiated coverage on shares of 1-800 FLOWERS.COM in a research report on Tuesday, July 11th. They issued an “outperform” rating and a $13.00 price objective for the company. BidaskClub lowered shares of 1-800 FLOWERS.COM from a “hold” rating to a “sell” rating in a research report on Thursday, August 10th. Benchmark Co. reaffirmed a “buy” rating and issued a $13.00 price objective on shares of 1-800 FLOWERS.COM in a research report on Wednesday, August 23rd. DA Davidson reaffirmed a “neutral” rating and issued a $9.00 price objective (down from $11.00) on shares of 1-800 FLOWERS.COM in a research report on Monday, August 28th. Finally, Zacks Investment Research lowered shares of 1-800 FLOWERS.COM from a “hold” rating to a “sell” rating in a research report on Monday, August 28th. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $12.17.

Shares of 1-800 FLOWERS.COM (NASDAQ:FLWS) traded up $0.20 during trading hours on Tuesday, reaching $9.50. 240,852 shares of the company traded hands, compared to its average volume of 140,104. The company has a market cap of $622.83 million, a price-to-earnings ratio of 21.33, a P/E/G ratio of 1.48 and a beta of 1.59. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.45 and a current ratio of 2.06.

1-800 FLOWERS.COM declared that its board has initiated a share repurchase program on Wednesday, September 6th that allows the company to buyback $15.00 million in shares. This buyback authorization allows the specialty retailer to purchase up to 2.5% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s management believes its stock is undervalued.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Wells Fargo & Company MN raised its position in 1-800 FLOWERS.COM by 1.9% during the 1st quarter. Wells Fargo & Company MN now owns 21,063 shares of the specialty retailer’s stock worth $215,000 after buying an additional 400 shares during the last quarter. Rhumbline Advisers raised its position in 1-800 FLOWERS.COM by 1.3% during the 2nd quarter. Rhumbline Advisers now owns 33,066 shares of the specialty retailer’s stock worth $322,000 after buying an additional 415 shares during the last quarter. Schwab Charles Investment Management Inc. raised its position in 1-800 FLOWERS.COM by 0.6% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 106,451 shares of the specialty retailer’s stock worth $1,038,000 after buying an additional 665 shares during the last quarter. TIAA CREF Investment Management LLC raised its position in 1-800 FLOWERS.COM by 0.5% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 166,502 shares of the specialty retailer’s stock worth $1,623,000 after buying an additional 803 shares during the last quarter. Finally, American International Group Inc. raised its position in 1-800 FLOWERS.COM by 7.1% during the 1st quarter. American International Group Inc. now owns 16,036 shares of the specialty retailer’s stock worth $164,000 after buying an additional 1,066 shares during the last quarter. 33.84% of the stock is owned by institutional investors.

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About 1-800 FLOWERS.COM

1-800-FLOWERS.COM, Inc is a provider of gourmet food and floral gifts for all occasions. The Company offers gifts for every occasion, including fresh flowers and a selection of plants, gift baskets, gourmet foods, confections, candles, balloons and stuffed animals. The Company operates through three business segments: Consumer Floral, Gourmet Food and Gift Baskets, and BloomNet Wire Service.

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Earnings History and Estimates for 1-800 FLOWERS.COM (NASDAQ:FLWS)

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