Brean Capital Upgrades 1-800-Flowers.com to “Buy” (FLWS)
1-800-Flowers.com (NASDAQ:FLWS) was upgraded by investment analysts at Brean Capital from a “hold” rating to a “buy” rating in a note issued to investors on Tuesday, TheFlyOnTheWall.com reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at Benchmark Co. reiterated a “buy” rating on shares of 1-800-Flowers.com (NASDAQ:FLWS) in a research note to investors on Friday, August 30th. Finally, analysts at Thomson Reuters/Verus upgraded shares of 1-800-Flowers.com (NASDAQ:FLWS) from a “hold” rating to a “buy” rating in a research note to investors on Monday, July 8th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $7.00.
1-800-Flowers.com (NASDAQ:FLWS) traded up 2.23% on Tuesday, hitting $5.04. The stock had a trading volume of 90,572 shares. 1-800-Flowers.com has a 52-week low of $2.77 and a 52-week high of $7.17. The stock’s 50-day moving average is $5.66 and its 200-day moving average is $5.89. The company has a market cap of $321.4 million and a P/E ratio of 26.08.
1-800-Flowers.com (NASDAQ:FLWS) last released its earnings data on Thursday, August 29th. The company reported $0.01 earnings per share (EPS) for the quarter. The company had revenue of $172.96 million for the quarter, compared to the consensus estimate of $182.00 million. During the same quarter in the previous year, the company posted $0.02 earnings per share. The company’s revenue for the quarter was down 2.4% on a year-over-year basis. On average, analysts predict that 1-800-Flowers.com will post $0.28 earnings per share for the current fiscal year.
1-800-FLOWERS.COM, Inc is florist and gift shop. The Company delivers fresh flowers and a selection of plants, gift baskets, gourmet foods, confections, candles, balloons and plush stuffed animals.
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