Sidoti Lowers 1-800-Flowers.Com (FLWS) to Neutral

1-800-Flowers.Com (NASDAQ:FLWS) was downgraded by stock analysts at Sidoti from a “buy” rating to a “neutral” rating in a note issued to investors on Wednesday.

A number of other brokerages have also recently issued reports on FLWS. TheStreet upgraded shares of 1-800-Flowers.Com from a “c+” rating to a “b” rating in a report on Friday, February 1st. Zacks Investment Research upgraded shares of 1-800-Flowers.Com from a “hold” rating to a “strong-buy” rating and set a $19.00 price objective for the company in a report on Monday. Noble Financial upgraded shares of 1-800-Flowers.Com from a “market perform” rating to an “outperform” rating and set a $19.00 price objective for the company in a report on Friday, February 1st. DA Davidson lifted their price objective on shares of 1-800-Flowers.Com to $18.00 and gave the company a “neutral” rating in a report on Friday, February 1st. Finally, ValuEngine upgraded shares of 1-800-Flowers.Com from a “buy” rating to a “strong-buy” rating in a report on Thursday, November 1st. Four investment analysts have rated the stock with a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the stock. 1-800-Flowers.Com currently has an average rating of “Buy” and an average price target of $18.00.

NASDAQ:FLWS traded down $0.10 during trading hours on Wednesday, reaching $17.21. The company had a trading volume of 151,549 shares, compared to its average volume of 285,895. The company has a current ratio of 2.13, a quick ratio of 0.73 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $1.11 billion, a price-to-earnings ratio of 39.11, a PEG ratio of 3.79 and a beta of 1.27. 1-800-Flowers.Com has a twelve month low of $9.76 and a twelve month high of $17.54.

1-800-Flowers.Com (NASDAQ:FLWS) last posted its quarterly earnings results on Thursday, January 31st. The specialty retailer reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $0.97 by $0.07. The business had revenue of $571.32 million during the quarter, compared to analysts’ expectations of $554.50 million. 1-800-Flowers.Com had a net margin of 2.86% and a return on equity of 11.34%. Equities analysts predict that 1-800-Flowers.Com will post 0.46 earnings per share for the current fiscal year.

In related news, CEO Christopher G. Mccann sold 25,000 shares of the firm’s stock in a transaction dated Friday, November 23rd. The shares were sold at an average price of $12.47, for a total transaction of $311,750.00. Following the transaction, the chief executive officer now directly owns 869,237 shares of the company’s stock, valued at $10,839,385.39. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Christopher G. Mccann sold 12,500 shares of the firm’s stock in a transaction dated Friday, January 4th. The shares were sold at an average price of $12.40, for a total transaction of $155,000.00. Following the transaction, the chief executive officer now directly owns 943,328 shares in the company, valued at $11,697,267.20. The disclosure for this sale can be found here. Insiders have sold 187,500 shares of company stock valued at $2,395,125 over the last quarter. Corporate insiders own 64.42% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP lifted its position in shares of 1-800-Flowers.Com by 0.6% during the first quarter. Dimensional Fund Advisors LP now owns 2,851,640 shares of the specialty retailer’s stock valued at $33,649,000 after purchasing an additional 16,809 shares in the last quarter. BlackRock Inc. lifted its position in shares of 1-800-Flowers.Com by 1.7% during the third quarter. BlackRock Inc. now owns 1,876,755 shares of the specialty retailer’s stock valued at $22,145,000 after purchasing an additional 30,740 shares in the last quarter. Mcclain Value Management LLC lifted its position in shares of 1-800-Flowers.Com by 12.4% during the fourth quarter. Mcclain Value Management LLC now owns 1,766,345 shares of the specialty retailer’s stock valued at $12,859,000 after purchasing an additional 195,253 shares in the last quarter. Eagle Boston Investment Management Inc. lifted its position in shares of 1-800-Flowers.Com by 5.1% during the fourth quarter. Eagle Boston Investment Management Inc. now owns 1,498,075 shares of the specialty retailer’s stock valued at $16,029,000 after purchasing an additional 72,680 shares in the last quarter. Finally, Vanguard Group Inc. lifted its position in shares of 1-800-Flowers.Com by 5.5% during the second quarter. Vanguard Group Inc. now owns 1,429,199 shares of the specialty retailer’s stock valued at $13,935,000 after purchasing an additional 73,893 shares in the last quarter. 34.22% of the stock is currently owned by institutional investors.

About 1-800-Flowers.Com

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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