1-800-Flowers.Com Inc (FLWS) Receives $13.33 Consensus PT from Analysts

1-800-Flowers.Com Inc (NASDAQ:FLWS) has been assigned a consensus recommendation of “Hold” from the ten ratings firms that are presently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, four have given a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $13.50.

FLWS has been the subject of several research reports. Zacks Investment Research cut 1-800-Flowers.Com from a “hold” rating to a “sell” rating in a research report on Monday, August 27th. Cann reissued a “sell” rating on shares of 1-800-Flowers.Com in a research report on Monday, October 15th. BidaskClub raised 1-800-Flowers.Com from a “sell” rating to a “hold” rating in a research report on Saturday, September 29th. Noble Financial reissued a “hold” rating on shares of 1-800-Flowers.Com in a research report on Tuesday, August 28th. Finally, Benchmark reissued a “buy” rating and issued a $16.00 price objective (up from $14.00) on shares of 1-800-Flowers.Com in a research report on Wednesday, August 22nd.

In related news, CEO Christopher G. Mccann sold 15,000 shares of the company’s stock in a transaction on Monday, September 17th. The stock was sold at an average price of $10.91, for a total value of $163,650.00. Following the completion of the transaction, the chief executive officer now directly owns 939,828 shares in the company, valued at $10,253,523.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Leonard J. Elmore sold 3,234 shares of the company’s stock in a transaction 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 completion of the transaction, the director now owns 42,487 shares of the company’s stock, valued at $550,631.52. The disclosure for this sale can be found here. Insiders sold 86,984 shares of company stock valued at $1,026,700 over the last 90 days. 64.42% of the stock is currently owned by corporate insiders.

Hedge funds and other institutional investors have recently modified their holdings of the stock. California Public Employees Retirement System raised its stake in shares of 1-800-Flowers.Com by 2.9% in 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 raised its stake in 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 worth $3,957,000 after acquiring an additional 5,979 shares in the last quarter. Bank of New York Mellon Corp raised its stake in 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 worth $2,641,000 after acquiring an additional 5,740 shares in the last quarter. First Quadrant L P CA raised its stake in 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 worth $558,000 after acquiring 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 worth $2,966,000 after acquiring an additional 10,000 shares in the last quarter. Institutional investors and hedge funds own 32.90% of the company’s stock.

FLWS opened at $13.67 on Tuesday. 1-800-Flowers.Com has a 1-year low of $8.85 and a 1-year high of $15.00. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.19 and a quick ratio of 1.48. The company has a market capitalization of $817.71 million, a PE ratio of 31.07, a price-to-earnings-growth ratio of 3.11 and a beta of 1.11.

1-800-Flowers.Com (NASDAQ:FLWS) last posted its quarterly earnings data on Thursday, November 1st. The specialty retailer reported ($0.27) earnings per share for the quarter, beating the consensus estimate of ($0.30) by $0.03. 1-800-Flowers.Com had a return on equity of 7.82% and a net margin of 3.16%. The company had revenue of $169.50 million during the quarter, compared to analysts’ expectations of $165.59 million. During the same period in the prior year, the business earned ($0.20) earnings per share. 1-800-Flowers.Com’s revenue for the quarter was up 7.8% compared to the same quarter last year. As a group, sell-side analysts predict that 1-800-Flowers.Com will post 0.41 EPS for the current year.

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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Analyst Recommendations for 1-800-Flowers.Com (NASDAQ:FLWS)

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