Shares of 1-800-Flowers.Com Inc (NASDAQ:FLWS) have earned an average recommendation of “Buy” from the nine research firms that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $12.17.

FLWS has been the topic of several recent analyst reports. Benchmark Co. reaffirmed a “buy” rating and issued a $13.00 price target on shares of 1-800-Flowers.Com in a report on Wednesday, August 23rd. Zacks Investment Research cut shares of 1-800-Flowers.Com from a “hold” rating to a “sell” rating in a report on Monday, August 28th. BidaskClub raised shares of 1-800-Flowers.Com from a “sell” rating to a “hold” rating in a report on Tuesday, August 22nd. FBR & Co set a $13.00 price target on shares of 1-800-Flowers.Com and gave the company a “buy” rating in a report on Monday, August 21st. Finally, Noble Financial reaffirmed a “buy” rating on shares of 1-800-Flowers.Com in a report on Friday, September 1st.

TRADEMARK VIOLATION NOTICE: “1-800-Flowers.Com Inc (FLWS) Receives Average Recommendation of “Buy” from Brokerages” was reported by American Banking News and is the sole property of of American Banking News. If you are accessing this piece on another publication, it was illegally copied and reposted in violation of US & international trademark and copyright legislation. The legal version of this piece can be read at https://www.americanbankingnews.com/2017/09/09/1-800-flowers-com-inc-flws-receives-average-recommendation-of-buy-from-brokerages.html.

Shares of 1-800-Flowers.Com (NASDAQ:FLWS) traded down 0.53% during midday trading on Wednesday, reaching $9.35. 204,600 shares of the company traded hands. 1-800-Flowers.Com has a 12 month low of $7.80 and a 12 month high of $11.40. The company has a 50 day moving average of $9.15 and a 200 day moving average of $9.84. The firm has a market capitalization of $610.12 million, a P/E ratio of 14.38 and a beta of 1.60.

1-800-Flowers.Com (NASDAQ:FLWS) last posted its quarterly earnings results on Thursday, August 24th. The specialty retailer reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by $0.02. The company had revenue of $239.50 million during the quarter, compared to analyst estimates of $245.38 million. 1-800-Flowers.Com had a net margin of 3.35% and a return on equity of 11.53%. The company’s revenue was up 2.2% on a year-over-year basis. During the same period in the prior year, the company earned ($0.14) earnings per share. On average, equities research analysts predict that 1-800-Flowers.Com will post $0.47 earnings per share for the current fiscal year.

1-800-Flowers.Com announced that its Board of Directors has authorized a share buyback program on Wednesday, September 6th that allows the company to buyback $15.00 million in outstanding shares. This buyback authorization allows the specialty retailer to repurchase up to 2.5% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its shares are undervalued.

Large investors have recently modified their holdings of the business. Prudential Financial Inc. raised its holdings in shares of 1-800-Flowers.Com by 1.3% during the first quarter. Prudential Financial Inc. now owns 275,475 shares of the specialty retailer’s stock worth $2,810,000 after purchasing an additional 3,600 shares during the period. Northpointe Capital LLC raised its holdings in shares of 1-800-Flowers.Com by 35.6% during the second quarter. Northpointe Capital LLC now owns 1,365,113 shares of the specialty retailer’s stock worth $13,310,000 after purchasing an additional 358,281 shares during the period. Gamco Investors INC. ET AL raised its holdings in shares of 1-800-Flowers.Com by 0.7% during the first quarter. Gamco Investors INC. ET AL now owns 644,400 shares of the specialty retailer’s stock worth $6,573,000 after purchasing an additional 4,400 shares during the period. North Star Investment Management Corp. raised its holdings in shares of 1-800-Flowers.Com by 63.0% during the second quarter. North Star Investment Management Corp. now owns 207,730 shares of the specialty retailer’s stock worth $2,025,000 after purchasing an additional 80,325 shares during the period. Finally, Teachers Advisors LLC raised its holdings in shares of 1-800-Flowers.Com by 4.1% during the fourth quarter. Teachers Advisors LLC now owns 90,239 shares of the specialty retailer’s stock worth $966,000 after purchasing an additional 3,527 shares during the period. 34.06% of the stock is currently owned by institutional investors.

1-800-Flowers.Com Company Profile

1-800-FLOWERS.COM, Inc is a provider of gourmet food and floral gifts for all occasions. The Company offers gifts for every occasion, including fresh flowers and a selection of plants, gift baskets, gourmet foods, confections, candles, balloons and stuffed animals. The Company operates through three business segments: Consumer Floral, Gourmet Food and Gift Baskets, and BloomNet Wire Service.

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

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