1-800-Flowers.Com (FLWS) Stock Rating Reaffirmed by Cann

Cann reaffirmed their buy rating on shares of 1-800-Flowers.Com (NASDAQ:FLWS) in a report issued on Tuesday morning.

A number of other analysts also recently weighed in on the stock. Zacks Investment Research raised shares of 1-800-Flowers.Com from a sell rating to a hold rating in a research report on Friday, November 2nd. ValuEngine raised shares of 1-800-Flowers.Com from a buy rating to a strong-buy rating in a report on Thursday, November 1st. BidaskClub downgraded shares of 1-800-Flowers.Com from a hold rating to a sell rating in a report on Friday, October 26th. Sidoti raised shares of 1-800-Flowers.Com from a neutral rating to a buy rating in a report on Thursday, October 25th. Finally, Noble Financial reaffirmed a hold rating on shares of 1-800-Flowers.Com in a report on Tuesday, August 28th. One research analyst has rated the stock with a sell rating, four have issued a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of Hold and an average price target of $13.50.

FLWS stock opened at $12.51 on Tuesday. 1-800-Flowers.Com has a twelve month low of $9.50 and a twelve month high of $15.00. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.13 and a quick ratio of 0.73. The company has a market cap of $801.57 million, a PE ratio of 28.43, a P/E/G ratio of 3.05 and a beta of 1.11.

1-800-Flowers.Com (NASDAQ:FLWS) last released its quarterly earnings results on Thursday, November 1st. The specialty retailer reported ($0.27) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.30) by $0.03. 1-800-Flowers.Com had a net margin of 3.16% and a return on equity of 7.99%. The business had revenue of $169.50 million during the quarter, compared to the consensus estimate of $165.59 million. During the same quarter last year, the company earned ($0.20) earnings per share. The business’s quarterly revenue was up 7.8% compared to the same quarter last year. On average, analysts anticipate that 1-800-Flowers.Com will post 0.41 EPS for the current year.

In other 1-800-Flowers.Com news, Director Leonard J. Elmore sold 3,234 shares of 1-800-Flowers.Com 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 transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Christopher G. Mccann sold 25,000 shares of 1-800-Flowers.Com stock in a transaction on Thursday, November 8th. The stock was sold at an average price of $13.41, for a total transaction of $335,250.00. Following the completion of the transaction, the chief executive officer now directly owns 869,237 shares of the company’s stock, valued at approximately $11,656,468.17. The disclosure for this sale can be found here. In the last ninety days, insiders sold 96,984 shares of company stock valued at $1,146,850. 64.42% of the stock is currently owned by corporate insiders.

A number of institutional investors have recently added to or reduced their stakes in the business. Stone Ridge Asset Management LLC lifted its stake in 1-800-Flowers.Com by 11.1% in the third quarter. Stone Ridge Asset Management LLC now owns 79,671 shares of the specialty retailer’s stock valued at $940,000 after buying an additional 7,972 shares during the last quarter. California Public Employees Retirement System lifted its stake in 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 buying an additional 3,564 shares during the last quarter. Northern Trust Corp lifted its stake in 1-800-Flowers.Com by 9.4% in the second quarter. Northern Trust Corp now owns 366,945 shares of the specialty retailer’s stock valued at $4,605,000 after buying an additional 31,595 shares during the last quarter. Penserra Capital Management LLC lifted its stake in 1-800-Flowers.Com by 20.2% in the third quarter. Penserra Capital Management LLC now owns 1,362,117 shares of the specialty retailer’s stock valued at $16,072,000 after buying an additional 229,140 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in 1-800-Flowers.Com by 2.8% in 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 buying an additional 5,740 shares during the last quarter. 32.56% of the stock is owned by hedge funds and other institutional investors.

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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