1-800 FLOWERS.COM (NASDAQ:FLWS) Posts Quarterly Earnings Results, Misses Expectations By $0.10 EPS

1-800 FLOWERS.COM (NASDAQ:FLWS) posted its quarterly earnings data on Thursday. The specialty retailer reported ($0.80) EPS for the quarter, missing the consensus estimate of ($0.70) by ($0.10), FiscalAI reports. The firm had revenue of $293.12 million during the quarter, compared to analysts’ expectations of $294.17 million. 1-800 FLOWERS.COM had a negative net margin of 8.69% and a negative return on equity of 28.81%.

1-800 FLOWERS.COM Stock Performance

NASDAQ:FLWS opened at $3.49 on Thursday. The business’s 50-day moving average price is $3.90 and its two-hundred day moving average price is $3.79. The stock has a market cap of $223.71 million, a P/E ratio of -1.65 and a beta of 1.34. The company has a quick ratio of 0.49, a current ratio of 1.14 and a debt-to-equity ratio of 0.61. 1-800 FLOWERS.COM has a twelve month low of $2.88 and a twelve month high of $7.10.

Institutional Trading of 1-800 FLOWERS.COM

Hedge funds have recently bought and sold shares of the company. Quarry LP lifted its stake in 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 worth $25,000 after purchasing an additional 5,381 shares during the last quarter. Jain Global LLC purchased a new stake in 1-800 FLOWERS.COM during the 4th quarter valued at $46,000. nVerses Capital LLC bought a new stake in 1-800 FLOWERS.COM in the 4th quarter worth $48,000. Deutsche Bank AG purchased a new position in shares of 1-800 FLOWERS.COM in the fourth quarter valued at about $48,000. Finally, State of Wyoming boosted its holdings in shares of 1-800 FLOWERS.COM by 197.8% during the second quarter. State of Wyoming now owns 9,833 shares of the specialty retailer’s stock worth $48,000 after purchasing an additional 6,531 shares during the period. Institutional investors own 38.43% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on FLWS shares. Weiss Ratings restated a “sell (d-)” rating on shares of 1-800 FLOWERS.COM in a research report on Wednesday, June 24th. Zacks Research raised shares of 1-800 FLOWERS.COM from a “strong sell” rating to a “hold” rating in a research report on Monday, July 20th. Finally, Wall Street Zen upgraded shares of 1-800 FLOWERS.COM from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 6th. One equities research 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. Based on data from MarketBeat, 1-800 FLOWERS.COM has a consensus rating of “Hold” and a consensus target price of $3.75.

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.