1-800 FLOWERS.COM (NASDAQ:FLWS) Shares Pass Above 200-Day Moving Average – What’s Next?

1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $3.77 and traded as high as $4.54. 1-800 FLOWERS.COM shares last traded at $4.39, with a volume of 557,399 shares traded.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on FLWS shares. Noble Financial reaffirmed an “outperform” rating on shares of 1-800 FLOWERS.COM in a research report on Friday, May 8th. Wall Street Zen cut 1-800 FLOWERS.COM from a “sell” rating to a “strong sell” rating in a research note on Sunday, May 17th. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, 1-800 FLOWERS.COM presently has an average rating of “Hold” and an average target price of $3.75.

1-800 FLOWERS.COM Stock Performance

The company has a quick ratio of 0.49, a current ratio of 1.14 and a debt-to-equity ratio of 0.61. The company has a 50 day moving average of $3.68 and a 200 day moving average of $3.77. The firm has a market cap of $281.40 million, a price-to-earnings ratio of -2.08 and a beta of 1.25.

1-800 FLOWERS.COM (NASDAQ:FLWS) last released its quarterly earnings results on Thursday, May 7th. The specialty retailer reported ($0.77) EPS for the quarter, missing the consensus estimate of ($0.75) by ($0.02). 1-800 FLOWERS.COM had a negative return on equity of 28.81% and a negative net margin of 8.69%.The business had revenue of $293.01 million during the quarter, compared to analyst estimates of $292.42 million. As a group, equities research analysts expect that 1-800 FLOWERS.COM, Inc. will post -1.23 EPS for the current fiscal year.

Insider Activity at 1-800 FLOWERS.COM

In related news, major shareholder Fund 1 Investments, Llc sold 720,000 shares of the business’s stock in a transaction dated Tuesday, April 21st. The stock was sold at an average price of $4.19, for a total value of $3,016,800.00. Following the transaction, the insider owned 4,096,242 shares in the company, valued at approximately $17,163,253.98. The trade was a 14.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders sold a total of 1,752,433 shares of company stock valued at $7,555,619 in the last 90 days. Insiders own 52.16% of the company’s stock.

Institutional Trading of 1-800 FLOWERS.COM

Several institutional investors and hedge funds have recently bought and sold shares of FLWS. Quarry LP raised its stake in 1-800 FLOWERS.COM by 538,100.0% during the third quarter. Quarry LP now owns 5,382 shares of the specialty retailer’s stock valued at $25,000 after buying an additional 5,381 shares in the last quarter. FNY Investment Advisers LLC raised its stake in 1-800 FLOWERS.COM by 2,832.6% during the fourth quarter. FNY Investment Advisers LLC now owns 10,000 shares of the specialty retailer’s stock valued at $39,000 after buying an additional 9,659 shares in the last quarter. Jain Global LLC acquired a new stake in 1-800 FLOWERS.COM during the fourth quarter valued at approximately $46,000. State of Wyoming raised its stake in 1-800 FLOWERS.COM by 197.8% during the second quarter. State of Wyoming now owns 9,833 shares of the specialty retailer’s stock valued at $48,000 after buying an additional 6,531 shares in the last quarter. Finally, Deutsche Bank AG acquired a new stake in 1-800 FLOWERS.COM during the fourth quarter valued at approximately $48,000. Institutional investors and hedge funds own 38.43% of the company’s stock.

1-800 FLOWERS.COM Company Profile

1-800-FLOWERS.COM, Inc, founded in 1976 by Jim McCann and headquartered in Jericho, New York, is a leading floral and gift retailer in North America. Operating primarily through its online platform and call center, the company offers a wide selection of fresh-cut flowers, gourmet foods, gift baskets, plants and home décor items. With a network of affiliated florists and its own floral production farms, 1-800-FLOWERS.COM facilitates same-day delivery services across the United States, reaching more than 90% of U.S.