Brokerages Expect 1-800-Flowers.Com Inc (FLWS) Will Post Quarterly Sales of $527.31 Million

Brokerages expect that 1-800-Flowers.Com Inc (NASDAQ:FLWS) will report sales of $527.31 million for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for 1-800-Flowers.Com’s earnings, with the lowest sales estimate coming in at $522.10 million and the highest estimate coming in at $531.62 million. 1-800-Flowers.Com posted sales of $554.55 million during the same quarter last year, which would indicate a negative year over year growth rate of 4.9%. The company is expected to issue its next quarterly earnings results before the market opens on Wednesday, January 31st.

On average, analysts expect that 1-800-Flowers.Com will report full-year sales of $527.31 million for the current fiscal year. For the next year, analysts forecast that the firm will post sales of $1.18 billion per share, with estimates ranging from $1.17 billion to $1.19 billion. Zacks’ sales calculations are an average based on a survey of analysts that follow 1-800-Flowers.Com.

1-800-Flowers.Com (NASDAQ:FLWS) last announced its earnings results on Tuesday, October 31st. The specialty retailer reported ($0.20) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.21) by $0.01. The company had revenue of $157.35 million during the quarter, compared to the consensus estimate of $157.63 million. 1-800-Flowers.Com had a net margin of 3.93% and a return on equity of 11.29%. 1-800-Flowers.Com’s revenue was down 5.1% compared to the same quarter last year. During the same period last year, the firm earned ($0.24) earnings per share.

Several equities research analysts have recently commented on FLWS shares. Zacks Investment Research upgraded shares of 1-800-Flowers.Com from a “sell” rating to a “hold” rating in a research note on Tuesday, January 9th. Northcoast Research downgraded shares of 1-800-Flowers.Com from a “buy” rating to a “neutral” rating in a research note on Tuesday, December 26th. Noble Financial reiterated a “buy” rating on shares of 1-800-Flowers.Com in a research note on Thursday, December 28th. TheStreet upgraded shares of 1-800-Flowers.Com from a “c+” rating to a “b-” rating in a research note on Tuesday, December 5th. Finally, BidaskClub upgraded shares of 1-800-Flowers.Com from a “sell” rating to a “hold” rating in a research note on Wednesday, December 6th. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. 1-800-Flowers.Com presently has an average rating of “Buy” and a consensus target price of $12.33.

Shares of 1-800-Flowers.Com (FLWS) opened at $11.65 on Friday. The firm has a market cap of $752.87, a P/E ratio of 17.13, a price-to-earnings-growth ratio of 1.80 and a beta of 1.59. 1-800-Flowers.Com has a one year low of $7.80 and a one year high of $12.00. The company has a quick ratio of 0.70, a current ratio of 2.15 and a debt-to-equity ratio of 0.37.

Large investors have recently bought and sold shares of the company. Simplex Trading LLC lifted its stake in shares of 1-800-Flowers.Com by 1,064.4% during the fourth quarter. Simplex Trading LLC now owns 11,446 shares of the specialty retailer’s stock worth $122,000 after buying an additional 10,463 shares during the period. Wells Fargo & Company MN lifted its stake in shares of 1-800-Flowers.Com by 2.3% during the second quarter. Wells Fargo & Company MN now owns 21,551 shares of the specialty retailer’s stock worth $211,000 after buying an additional 488 shares during the period. Nationwide Fund Advisors lifted its position in 1-800-Flowers.Com by 5.2% during the second quarter. Nationwide Fund Advisors now owns 21,803 shares of the specialty retailer’s stock valued at $213,000 after purchasing an additional 1,086 shares during the period. The Manufacturers Life Insurance Company lifted its position in 1-800-Flowers.Com by 7.9% during the second quarter. The Manufacturers Life Insurance Company now owns 23,581 shares of the specialty retailer’s stock valued at $230,000 after purchasing an additional 1,723 shares during the period. Finally, FDx Advisors Inc. acquired a new position in 1-800-Flowers.Com during the third quarter valued at $241,000. Institutional investors and hedge funds own 33.64% of the company’s stock.

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About 1-800-Flowers.Com

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.

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Earnings History and Estimates for 1-800-Flowers.Com (NASDAQ:FLWS)

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