1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS) has earned a consensus rating of “Buy” from the ten brokerages that are covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $12.00.

FLWS has been the subject of several recent analyst reports. TheStreet raised 1-800 FLOWERS.COM from a “c+” rating to a “b-” rating in a research report on Tuesday, December 5th. Benchmark decreased their target price on 1-800 FLOWERS.COM to $13.00 and set a “buy” rating for the company in a research report on Wednesday, November 1st. FBR & Co set a $13.00 target price on 1-800 FLOWERS.COM and gave the stock a “buy” rating in a research report on Wednesday, November 1st. Noble Financial reaffirmed a “buy” rating on shares of 1-800 FLOWERS.COM in a research report on Friday, September 1st. Finally, B. Riley reaffirmed a “buy” rating and issued a $13.00 target price on shares of 1-800 FLOWERS.COM in a research report on Wednesday, November 8th.

Shares of 1-800 FLOWERS.COM (FLWS) opened at $11.15 on Friday. The company has a market capitalization of $714.10, a price-to-earnings ratio of 24.11, a PEG ratio of 1.68 and a beta of 1.58. The company has a quick ratio of 0.70, a current ratio of 2.15 and a debt-to-equity ratio of 0.37. 1-800 FLOWERS.COM has a 12-month low of $7.80 and a 12-month high of $11.40.

1-800 FLOWERS.COM (NASDAQ:FLWS) last issued its earnings results on Tuesday, October 31st. The specialty retailer reported ($0.20) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.21) by $0.01. The business had revenue of $157.35 million during the quarter, compared to analysts’ expectations of $157.63 million. 1-800 FLOWERS.COM had a return on equity of 11.29% and a net margin of 3.93%. 1-800 FLOWERS.COM’s revenue was down 5.1% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.24) earnings per share. research analysts expect that 1-800 FLOWERS.COM will post 0.46 EPS for the current year.

1-800 FLOWERS.COM announced that its board has initiated a share repurchase plan on Wednesday, September 6th that permits the company to buyback $15.00 million in shares. This buyback authorization permits the specialty retailer to reacquire up to 2.5% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s management believes its shares are undervalued.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Kennedy Capital Management Inc. boosted its position in 1-800 FLOWERS.COM by 8.9% during the second quarter. Kennedy Capital Management Inc. now owns 556,731 shares of the specialty retailer’s stock valued at $5,428,000 after purchasing an additional 45,628 shares during the last quarter. Foundry Partners LLC boosted its position in 1-800 FLOWERS.COM by 23.2% during the third quarter. Foundry Partners LLC now owns 575,745 shares of the specialty retailer’s stock valued at $5,671,000 after purchasing an additional 108,600 shares during the last quarter. Eagle Boston Investment Management Inc. boosted its position in 1-800 FLOWERS.COM by 0.4% during the second quarter. Eagle Boston Investment Management Inc. now owns 1,405,035 shares of the specialty retailer’s stock valued at $13,699,000 after purchasing an additional 5,985 shares during the last quarter. Vanguard Group Inc. boosted its position in 1-800 FLOWERS.COM by 5.5% during the second quarter. Vanguard Group Inc. now owns 1,429,199 shares of the specialty retailer’s stock valued at $13,935,000 after purchasing an additional 73,893 shares during the last quarter. Finally, Sei Investments Co. boosted its position in 1-800 FLOWERS.COM by 2.3% during the second quarter. Sei Investments Co. now owns 127,670 shares of the specialty retailer’s stock valued at $1,245,000 after purchasing an additional 2,828 shares during the last quarter. 34.76% of the stock is owned by hedge funds and other institutional investors.

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1-800 FLOWERS.COM Company Profile

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.

Analyst Recommendations for 1-800 FLOWERS.COM (NASDAQ:FLWS)

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