Brokerages expect 1-800-Flowers.Com Inc (NASDAQ:FLWS) to announce $1.08 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have provided estimates for 1-800-Flowers.Com’s earnings, with estimates ranging from $1.07 to $1.09. 1-800-Flowers.Com posted earnings of $1.04 per share in the same quarter last year, which indicates a positive year-over-year growth rate of 3.8%. The firm is scheduled to issue its next quarterly earnings results on Thursday, January 30th.
On average, analysts expect that 1-800-Flowers.Com will report full-year earnings of $0.58 per share for the current fiscal year. For the next year, analysts expect that the firm will post earnings of $0.70 per share, with EPS estimates ranging from $0.69 to $0.70. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research analysts that cover 1-800-Flowers.Com.
1-800-Flowers.Com (NASDAQ:FLWS) last posted its quarterly earnings data on Thursday, October 31st. The specialty retailer reported ($0.24) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.28) by $0.04. The business had revenue of $187.26 million during the quarter, compared to analyst estimates of $181.27 million. 1-800-Flowers.Com had a return on equity of 10.53% and a net margin of 2.90%. The company’s revenue for the quarter was up 10.5% on a year-over-year basis. During the same period last year, the company earned ($0.27) EPS.
A number of research analysts have recently issued reports on FLWS shares. BidaskClub downgraded 1-800-Flowers.Com from a “sell” rating to a “strong sell” rating in a report on Wednesday. DA Davidson set a $25.00 price target on 1-800-Flowers.Com and gave the company a “buy” rating in a report on Monday, August 26th. Zacks Investment Research downgraded 1-800-Flowers.Com from a “hold” rating to a “sell” rating in a report on Thursday, October 24th. ValuEngine upgraded 1-800-Flowers.Com from a “strong sell” rating to a “sell” rating in a report on Friday, November 1st. Finally, TheStreet cut 1-800-Flowers.Com from a “b-” rating to a “c+” rating in a research report on Friday, August 30th. Three research analysts have rated the stock with a sell rating and six have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $23.67.
In other news, CEO Christopher G. Mccann sold 25,000 shares of the firm’s stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $15.14, for a total value of $378,500.00. Following the completion of the sale, the chief executive officer now owns 943,328 shares of the company’s stock, valued at approximately $14,281,985.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 62.87% of the stock is owned by company insiders.
Several institutional investors have recently bought and sold shares of FLWS. First Mercantile Trust Co. boosted its position in shares of 1-800-Flowers.Com by 9.6% in the 3rd quarter. First Mercantile Trust Co. now owns 9,520 shares of the specialty retailer’s stock worth $141,000 after purchasing an additional 835 shares in the last quarter. Hancock Whitney Corp acquired a new stake in 1-800-Flowers.Com during the 3rd quarter worth about $161,000. State of Tennessee Treasury Department lifted its position in 1-800-Flowers.Com by 18.6% during the 3rd quarter. State of Tennessee Treasury Department now owns 12,267 shares of the specialty retailer’s stock worth $181,000 after acquiring an additional 1,920 shares during the period. Convergence Investment Partners LLC acquired a new stake in 1-800-Flowers.Com during the 2nd quarter worth about $196,000. Finally, Joseph P. Lucia & Associates LLC acquired a new stake in 1-800-Flowers.Com during the 2nd quarter worth about $229,000. 38.85% of the stock is owned by hedge funds and other institutional investors.
Shares of NASDAQ FLWS traded down $0.09 during midday trading on Tuesday, hitting $13.21. The company’s stock had a trading volume of 324,800 shares, compared to its average volume of 370,689. 1-800-Flowers.Com has a 12-month low of $10.84 and a 12-month high of $21.77. The business’s 50 day moving average is $14.05 and its two-hundred day moving average is $17.28. The firm has a market cap of $841.05 million, a P/E ratio of 25.40 and a beta of 1.54. The company has a current ratio of 2.38, a quick ratio of 1.65 and a debt-to-equity ratio of 0.27.
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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