1-800 FLOWERS.COM (NASDAQ:FLWS) Downgraded by Wall Street Zen to Sell

Wall Street Zen lowered shares of 1-800 FLOWERS.COM (NASDAQ:FLWSFree Report) from a hold rating to a sell rating in a research report sent to investors on Saturday morning.

Separately, Noble Financial reaffirmed an “outperform” rating on shares of 1-800 FLOWERS.COM in a research report on Friday. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $3.75.

Get Our Latest Report on 1-800 FLOWERS.COM

1-800 FLOWERS.COM Stock Performance

Shares of FLWS stock opened at $4.82 on Friday. The company has a market capitalization of $308.80 million, a price-to-earnings ratio of -2.28 and a beta of 1.25. 1-800 FLOWERS.COM has a 1-year low of $2.88 and a 1-year high of $8.44. The company has a current ratio of 1.25, a quick ratio of 0.81 and a debt-to-equity ratio of 0.43. The stock’s fifty day simple moving average is $3.44 and its 200-day simple moving average is $3.75.

1-800 FLOWERS.COM (NASDAQ:FLWSGet Free Report) last announced its quarterly earnings data on Thursday, May 7th. The specialty retailer reported ($0.77) EPS for the quarter, missing analysts’ consensus estimates of ($0.75) by ($0.02). The business had revenue of $293.01 million for the quarter, compared to analyst estimates of $292.42 million. 1-800 FLOWERS.COM had a negative return on equity of 26.97% and a negative net margin of 8.69%. On average, sell-side analysts predict that 1-800 FLOWERS.COM will post -1.18 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, major shareholder Fund 1 Investments, Llc sold 720,000 shares of the firm’s stock in a transaction dated Tuesday, April 21st. The stock was sold at an average price of $4.19, for a total transaction of $3,016,800.00. Following the completion of the sale, the insider directly owned 4,096,242 shares of the company’s stock, valued at $17,163,253.98. This trade represents a 14.95% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Over the last quarter, insiders sold 1,752,433 shares of company stock valued at $7,555,619. Corporate insiders own 52.16% of the company’s stock.

Institutional Investors Weigh In On 1-800 FLOWERS.COM

Large investors have recently made changes to their positions in the company. Empowered Funds LLC raised its position in 1-800 FLOWERS.COM by 4.3% during the first quarter. Empowered Funds LLC now owns 373,265 shares of the specialty retailer’s stock valued at $2,202,000 after acquiring an additional 15,277 shares in the last quarter. Strs Ohio bought a new stake in 1-800 FLOWERS.COM in the first quarter worth approximately $157,000. Rhumbline Advisers increased its stake in shares of 1-800 FLOWERS.COM by 34.0% during the 2nd quarter. Rhumbline Advisers now owns 53,581 shares of the specialty retailer’s stock worth $264,000 after purchasing an additional 13,599 shares during the last quarter. Russell Investments Group Ltd. raised its holdings in shares of 1-800 FLOWERS.COM by 62.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 23,232 shares of the specialty retailer’s stock valued at $114,000 after purchasing an additional 8,889 shares in the last quarter. Finally, Occudo Quantitative Strategies LP bought a new position in shares of 1-800 FLOWERS.COM during the 2nd quarter valued at $339,000. Institutional investors own 38.43% of the company’s stock.

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About 1-800 FLOWERS.COM

(Get Free Report)

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.

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