1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS) Stock Rating Lowered by BidaskClub
1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS) was downgraded by stock analysts at BidaskClub from a “hold” rating to a “sell” rating in a note issued to investors on Thursday.
Other analysts also recently issued reports about the company. FBR & Co began coverage on 1-800 FLOWERS.COM in a research report on Tuesday, July 11th. They set an “outperform” rating and a $13.00 price target for the company. Noble Financial reaffirmed a “buy” rating on shares of 1-800 FLOWERS.COM in a research report on Friday, April 14th. DA Davidson started coverage on 1-800 FLOWERS.COM in a research report on Wednesday, June 14th. They set a “neutral” rating and a $11.00 price target for the company. Zacks Investment Research raised 1-800 FLOWERS.COM from a “sell” rating to a “hold” rating in a research report on Tuesday, May 9th. Finally, Northcoast Research reissued a “buy” rating and issued a $14.00 target price (up from $12.00) on shares of 1-800 FLOWERS.COM in a research report on Wednesday, May 3rd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $12.69.
Shares of 1-800 FLOWERS.COM (FLWS) traded down 0.275% on Thursday, hitting $9.075. The stock had a trading volume of 12,470 shares. The company has a market capitalization of $592.92 million, a price-to-earnings ratio of 24.330 and a beta of 1.58. The company has a 50-day moving average of $9.62 and a 200 day moving average of $9.96. 1-800 FLOWERS.COM has a 52 week low of $8.06 and a 52 week high of $11.40.
COPYRIGHT VIOLATION NOTICE: “1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS) Stock Rating Lowered by BidaskClub” was first reported by Watch List News and is the sole property of of Watch List News. If you are reading this story on another publication, it was copied illegally and reposted in violation of U.S. and international trademark and copyright law. The original version of this story can be read at https://www.watchlistnews.com/1-800-flowers-com-inc-nasdaqflws-stock-rating-lowered-by-bidaskclub/1468738.html.
Institutional investors have recently bought and sold shares of the company. JPMorgan Chase & Co. raised its stake in 1-800 FLOWERS.COM by 67.1% in the first quarter. JPMorgan Chase & Co. now owns 9,785 shares of the specialty retailer’s stock valued at $100,000 after buying an additional 3,929 shares in the last quarter. Alambic Investment Management L.P. acquired a new stake in 1-800 FLOWERS.COM during the first quarter valued at about $104,000. Cigna Investments Inc. New acquired a new stake in 1-800 FLOWERS.COM during the second quarter valued at about $120,000. Nine Chapters Capital Management LLC raised its stake in 1-800 FLOWERS.COM by 9.6% in the first quarter. Nine Chapters Capital Management LLC now owns 12,600 shares of the specialty retailer’s stock valued at $129,000 after buying an additional 1,100 shares in the last quarter. Finally, Karp Capital Management Corp acquired a new stake in 1-800 FLOWERS.COM during the first quarter valued at about $130,000. 33.52% of the stock is owned by hedge funds and other institutional investors.
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.
Receive News & Ratings for 1-800 FLOWERS.COM Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 1-800 FLOWERS.COM Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.