1-800-Flowers.Com (NASDAQ:FLWS) Upgraded to Hold at ValuEngine

ValuEngine upgraded shares of 1-800-Flowers.Com (NASDAQ:FLWS) from a sell rating to a hold rating in a research note released on Tuesday morning, ValuEngine reports.

Other equities analysts have also issued reports about the company. Zacks Investment Research lowered 1-800-Flowers.Com from a hold rating to a sell rating in a research note on Thursday, October 24th. DA Davidson set a $25.00 price target on 1-800-Flowers.Com and gave the stock a buy rating in a report on Monday, August 26th. Noble Financial set a $25.00 price objective on shares of 1-800-Flowers.Com and gave the stock a buy rating in a research report on Friday, November 1st. BidaskClub lowered shares of 1-800-Flowers.Com from a sell rating to a strong sell rating in a research note on Wednesday, November 6th. Finally, TheStreet downgraded shares of 1-800-Flowers.Com from a b- rating to a c+ rating in a research report on Friday, August 30th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average target price of $23.67.

FLWS stock opened at $12.71 on Tuesday. The stock has a 50-day moving average price of $13.39 and a 200-day moving average price of $16.49. 1-800-Flowers.Com has a 1-year low of $10.84 and a 1-year high of $21.77. The company has a current ratio of 1.98, a quick ratio of 0.71 and a debt-to-equity ratio of 0.48. The firm has a market cap of $870.01 million, a PE ratio of 24.44 and a beta of 1.50.

1-800-Flowers.Com (NASDAQ:FLWS) last announced its earnings results on Thursday, October 31st. The specialty retailer reported ($0.24) EPS for the quarter, beating the consensus estimate of ($0.28) by $0.04. 1-800-Flowers.Com had a return on equity of 10.68% and a net margin of 2.90%. The company had revenue of $187.26 million for the quarter, compared to analyst estimates of $181.27 million. During the same quarter in the prior year, the company earned ($0.27) EPS. The firm’s revenue for the quarter was up 10.5% compared to the same quarter last year. On average, analysts forecast that 1-800-Flowers.Com will post 0.58 earnings per share for the current year.

A number of institutional investors have recently modified their holdings of FLWS. First Mercantile Trust Co. raised its stake in 1-800-Flowers.Com by 9.6% during the 3rd quarter. First Mercantile Trust Co. now owns 9,520 shares of the specialty retailer’s stock worth $141,000 after buying an additional 835 shares during the period. Aperio Group LLC increased its holdings in shares of 1-800-Flowers.Com by 4.1% during the second quarter. Aperio Group LLC now owns 31,495 shares of the specialty retailer’s stock valued at $595,000 after acquiring an additional 1,239 shares in the last quarter. Parametric Portfolio Associates LLC increased its holdings in shares of 1-800-Flowers.Com by 1.2% during the second quarter. Parametric Portfolio Associates LLC now owns 111,035 shares of the specialty retailer’s stock valued at $2,096,000 after acquiring an additional 1,320 shares in the last quarter. GSA Capital Partners LLP raised its position in shares of 1-800-Flowers.Com by 2.6% during the second quarter. GSA Capital Partners LLP now owns 71,280 shares of the specialty retailer’s stock worth $1,346,000 after purchasing an additional 1,791 shares during the period. Finally, State of Tennessee Treasury Department raised its position in shares of 1-800-Flowers.Com by 18.6% during the third quarter. State of Tennessee Treasury Department now owns 12,267 shares of the specialty retailer’s stock worth $181,000 after purchasing an additional 1,920 shares during the period. 39.07% of the stock is owned by institutional investors and hedge funds.

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.

Further Reading: What is a Roth IRA?

To view ValuEngine’s full report, visit ValuEngine’s official website.

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

Receive News & Ratings for 1-800-Flowers.Com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 1-800-Flowers.Com and related companies with MarketBeat.com's FREE daily email newsletter.