1-800 FLOWERS.COM (NASDAQ:FLWS) Raised to “Hold” at Wall Street Zen

1-800 FLOWERS.COM (NASDAQ:FLWS) was upgraded by equities researchers at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued to investors on Saturday.

Separately, Zacks Research raised shares of 1-800 FLOWERS.COM from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 30th. Three equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, 1-800 FLOWERS.COM presently has a consensus rating of “Reduce” and a consensus target price of $7.50.

1-800 FLOWERS.COM Stock Down 2.8%

Shares of FLWS opened at $3.48 on Friday. 1-800 FLOWERS.COM has a 52-week low of $2.93 and a 52-week high of $8.44. The company has a quick ratio of 0.81, a current ratio of 1.25 and a debt-to-equity ratio of 0.43. The stock has a fifty day simple moving average of $4.03 and a two-hundred day simple moving average of $4.28. The company has a market capitalization of $222.96 million, a PE ratio of -1.04 and a beta of 1.21.

1-800 FLOWERS.COM (NASDAQ:FLWS) last announced its quarterly earnings data on Thursday, January 29th. The specialty retailer reported $1.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.34. 1-800 FLOWERS.COM had a negative net margin of 13.41% and a negative return on equity of 23.80%. The firm had revenue of $702.18 million during the quarter, compared to analyst estimates of $700.58 million. As a group, equities analysts forecast that 1-800 FLOWERS.COM will post -0.07 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Quarry LP grew its stake in shares of 1-800 FLOWERS.COM by 538,100.0% in the third quarter. Quarry LP now owns 5,382 shares of the specialty retailer’s stock valued at $25,000 after buying an additional 5,381 shares in the last quarter. FNY Investment Advisers LLC boosted its holdings in 1-800 FLOWERS.COM by 2,832.6% during the 4th quarter. FNY Investment Advisers LLC now owns 10,000 shares of the specialty retailer’s stock valued at $39,000 after acquiring an additional 9,659 shares during the period. Jain Global LLC purchased a new position in 1-800 FLOWERS.COM during the 4th quarter valued at about $46,000. State of Wyoming grew its position in 1-800 FLOWERS.COM by 197.8% in the 2nd quarter. State of Wyoming now owns 9,833 shares of the specialty retailer’s stock valued at $48,000 after acquiring an additional 6,531 shares in the last quarter. Finally, Deutsche Bank AG purchased a new stake in 1-800 FLOWERS.COM during the fourth quarter worth about $48,000. 38.43% of the stock is currently owned by institutional investors and hedge funds.

1-800 FLOWERS.COM Company Profile

1-800-FLOWERS.COM, Inc, founded in 1976 by Jim McCann and headquartered in Jericho, New York, is a leading floral and gift retailer in North America. Operating primarily through its online platform and call center, the company offers a wide selection of fresh-cut flowers, gourmet foods, gift baskets, plants and home décor items. With a network of affiliated florists and its own floral production farms, 1-800-FLOWERS.COM facilitates same-day delivery services across the United States, reaching more than 90% of U.S.