Weiss Ratings Reiterates “Sell (D-)” Rating for 1-800-FLOWERS.COM (NASDAQ:FLWS)

1-800-FLOWERS.COM (NASDAQ:FLWS)‘s stock had its “sell (d-)” rating reissued by investment analysts at Weiss Ratings in a report released on Saturday,Weiss Ratings reports.

FLWS has been the topic of a number of other reports. Noble Financial downgraded shares of 1-800-FLOWERS.COM from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 9th. DA Davidson reiterated a “neutral” rating and issued a $7.50 price target on shares of 1-800-FLOWERS.COM in a research report on Friday, March 14th. Finally, Wall Street Zen downgraded shares of 1-800-FLOWERS.COM from a “hold” rating to a “sell” rating in a research report on Monday, May 12th.

1-800-FLOWERS.COM Stock Performance

1-800-FLOWERS.COM stock opened at $4.67 on Friday. The company has a current ratio of 1.51, a quick ratio of 1.03 and a debt-to-equity ratio of 0.32. 1-800-FLOWERS.COM has a 1 year low of $3.86 and a 1 year high of $11.10. The company has a market cap of $296.84 million, a PE ratio of -42.45 and a beta of 1.58. The company’s 50-day moving average is $5.37 and its two-hundred day moving average is $6.91.

1-800-FLOWERS.COM (NASDAQ:FLWS) last released its earnings results on Thursday, May 8th. The specialty retailer reported ($0.71) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.34) by ($0.37). 1-800-FLOWERS.COM had a negative net margin of 0.43% and a negative return on equity of 0.76%. The business had revenue of $331.45 million for the quarter, compared to analyst estimates of $367.85 million. During the same quarter in the previous year, the company posted ($0.28) earnings per share. The business’s revenue for the quarter was down 23.1% on a year-over-year basis. Equities analysts anticipate that 1-800-FLOWERS.COM will post -0.07 earnings per share for the current year.

Insiders Place Their Bets

In related news, major shareholder Fund 1 Investments, Llc bought 66,000 shares of the company’s stock in a transaction on Wednesday, February 26th. The shares were purchased at an average cost of $7.36 per share, for a total transaction of $485,760.00. Following the acquisition, the insider now owns 7,307,469 shares of the company’s stock, valued at approximately $53,782,971.84. This represents a 0.91% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. In the last three months, insiders have purchased 905,098 shares of company stock worth $5,126,582. Company insiders own 51.00% of the company’s stock.

Institutional Trading of 1-800-FLOWERS.COM

Several hedge funds have recently bought and sold shares of the stock. Fund 1 Investments LLC raised its holdings in 1-800-FLOWERS.COM by 12.4% during the 4th quarter. Fund 1 Investments LLC now owns 4,174,364 shares of the specialty retailer’s stock worth $34,105,000 after buying an additional 461,000 shares during the period. Nomura Holdings Inc. raised its holdings in shares of 1-800-FLOWERS.COM by 63.6% in the fourth quarter. Nomura Holdings Inc. now owns 2,941,572 shares of the specialty retailer’s stock valued at $24,033,000 after purchasing an additional 1,143,027 shares during the last quarter. Gamco Investors INC. ET AL raised its holdings in shares of 1-800-FLOWERS.COM by 0.7% in the first quarter. Gamco Investors INC. ET AL now owns 1,292,700 shares of the specialty retailer’s stock valued at $7,627,000 after purchasing an additional 8,400 shares during the last quarter. ING Groep NV acquired a new stake in shares of 1-800-FLOWERS.COM in the first quarter valued at approximately $4,425,000. Finally, Bridgeway Capital Management LLC raised its holdings in shares of 1-800-FLOWERS.COM by 2.5% in the first quarter. Bridgeway Capital Management LLC now owns 614,665 shares of the specialty retailer’s stock valued at $3,627,000 after purchasing an additional 15,277 shares during the last quarter. 38.43% of the stock is currently owned by institutional investors and hedge funds.

About 1-800-FLOWERS.COM

1-800-FLOWERS.COM, Inc provides gifts for various occasions in the United States and internationally. It operates through three segments: Consumer Floral & Gifts, Gourmet Foods & Gift Baskets, and BloomNet. The company offers a range of products, including fresh-cut flowers, floral and fruit arrangements, plants, gifts, personalized products, dipped berries, popcorns, gourmet foods and gift baskets, cookies, chocolates, candies, wines, and gift-quality fruits.