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

1-800-Flowers.Com Inc (NASDAQ:FLWS) – Stock analysts at DA Davidson upped their Q4 2019 earnings per share estimates for 1-800-Flowers.Com in a research note issued to investors on Monday, November 5th. DA Davidson analyst L. Weiser now forecasts that the specialty retailer will post earnings of ($0.13) per share for the quarter, up from their previous forecast 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.

A number of other equities research analysts have also weighed in on the company. Zacks Investment Research upgraded 1-800-Flowers.Com from a “sell” rating to a “hold” rating in a research report on Friday, November 2nd. ValuEngine upgraded 1-800-Flowers.Com from a “buy” rating to a “strong-buy” rating in a research report on Thursday, November 1st. BidaskClub lowered 1-800-Flowers.Com from a “hold” rating to a “sell” rating in a research report on Friday, October 26th. Sidoti upgraded 1-800-Flowers.Com from a “neutral” rating to a “buy” rating in a research report on Thursday, October 25th. Finally, Cann reiterated a “sell” rating on shares of 1-800-Flowers.Com in a research report on Monday, October 15th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $13.50.

Shares of FLWS stock opened at $13.30 on Thursday. The company has a market capitalization of $875.84 million, a PE ratio of 37.67, a price-to-earnings-growth ratio of 3.31 and a beta of 1.11. 1-800-Flowers.Com has a fifty-two week low of $8.85 and a fifty-two week high of $15.00. 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 (NASDAQ:FLWS) last issued its quarterly earnings data on Thursday, November 1st. The specialty retailer reported ($0.27) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.30) by $0.03. The firm had revenue of $169.50 million for the quarter, compared to analyst estimates of $165.59 million. 1-800-Flowers.Com had a return on equity of 7.82% and a net margin of 3.16%. The business’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same period last year, the company earned ($0.20) EPS.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. California Public Employees Retirement System boosted its position in shares of 1-800-Flowers.Com by 2.9% during the second quarter. California Public Employees Retirement System now owns 126,067 shares of the specialty retailer’s stock valued at $1,582,000 after purchasing an additional 3,564 shares in the last quarter. Northern Trust Corp boosted its position in shares of 1-800-Flowers.Com by 1.8% during the first quarter. Northern Trust Corp now owns 335,350 shares of the specialty retailer’s stock valued at $3,957,000 after purchasing an additional 5,979 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of 1-800-Flowers.Com by 2.8% during the second quarter. Bank of New York Mellon Corp now owns 210,411 shares of the specialty retailer’s stock valued at $2,641,000 after purchasing an additional 5,740 shares in the last quarter. First Quadrant L P CA boosted its position in shares of 1-800-Flowers.Com by 26.8% during the third quarter. First Quadrant L P CA now owns 47,260 shares of the specialty retailer’s stock valued at $558,000 after purchasing an additional 9,992 shares in the last quarter. Finally, North Star Investment Management Corp. raised its stake in 1-800-Flowers.Com by 4.1% during the third quarter. North Star Investment Management Corp. now owns 251,375 shares of the specialty retailer’s stock valued at $2,966,000 after buying an additional 10,000 shares during the last quarter. Institutional investors own 32.90% of the company’s stock.

In related 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 transaction of $275,000.00. Following the sale, the chief executive officer now directly owns 898,582 shares in the company, valued at $9,884,402. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 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 shares were sold at an average price of $12.96, for a total value of $41,912.64. Following 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.

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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