1-800-Flowers.com Inc. (NASDAQ:FLWS) – Research analysts at Northcoast Research reduced their FY2017 earnings per share (EPS) estimates for 1-800-Flowers.com in a report issued on Friday. Northcoast Research analyst J. Stein now anticipates that the firm will post earnings per share of $0.48 for the year, down from their previous estimate of $0.53. Northcoast Research also issued estimates for 1-800-Flowers.com’s Q2 2018 earnings at $1.08 EPS and FY2018 earnings at $0.60 EPS.
FLWS has been the topic of several other research reports. Zacks Investment Research raised 1-800-Flowers.com from a “sell” rating to a “hold” rating in a report on Thursday, August 18th. B. Riley reissued a “buy” rating and set a $11.00 target price on shares of 1-800-Flowers.com in a report on Monday, September 5th. Wunderlich dropped their target price on 1-800-Flowers.com from $12.00 to $9.00 and set a “buy” rating on the stock in a report on Tuesday, August 23rd. Noble Financial reaffirmed a “buy” rating and issued a $12.50 price target (up previously from $11.00) on shares of 1-800-Flowers.com in a report on Monday, August 29th. Finally, Ladenburg Thalmann started coverage on 1-800-Flowers.com in a report on Wednesday, August 17th. They issued an “outperform” rating on the stock. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $11.63.
1-800-Flowers.com (NASDAQ:FLWS) traded up 1.21% during midday trading on Monday, hitting $9.17. The stock had a trading volume of 19,705 shares. The firm has a 50 day moving average price of $9.20 and a 200 day moving average price of $8.65. The stock has a market cap of $596.15 million, a PE ratio of 16.67 and a beta of 1.76. 1-800-Flowers.com has a one year low of $6.11 and a one year high of $10.88.
1-800-Flowers.com (NASDAQ:FLWS) last posted its quarterly earnings data on Thursday, August 25th. The company reported ($0.14) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.14). 1-800-Flowers.com had a return on equity of 12.33% and a net margin of 3.14%. The business had revenue of $234.40 million for the quarter, compared to analysts’ expectations of $228.18 million. During the same quarter last year, the firm earned ($0.13) earnings per share. The business’s revenue was up 2.7% on a year-over-year basis.
In other 1-800-Flowers.com news, General Counsel Gerard M. Gallagher sold 25,000 shares of 1-800-Flowers.com stock in a transaction that occurred on Tuesday, August 30th. The shares were sold at an average price of $9.28, for a total transaction of $232,000.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 53.90% of the company’s stock.
Institutional investors have recently bought and sold shares of the company. Skylands Capital LLC boosted its position in 1-800-Flowers.com by 76.3% in the third quarter. Skylands Capital LLC now owns 189,175 shares of the company’s stock valued at $1,735,000 after buying an additional 81,875 shares during the last quarter. Eagle Boston Investment Management Inc. boosted its position in 1-800-Flowers.com by 0.8% in the third quarter. Eagle Boston Investment Management Inc. now owns 1,326,459 shares of the company’s stock valued at $12,163,000 after buying an additional 10,421 shares during the last quarter. Foundry Partners LLC boosted its position in 1-800-Flowers.com by 1.2% in the third quarter. Foundry Partners LLC now owns 341,255 shares of the company’s stock valued at $3,129,000 after buying an additional 4,105 shares in the last quarter. Aristotle Capital Boston LLC boosted its position in 1-800-Flowers.com by 2.9% in the second quarter. Aristotle Capital Boston LLC now owns 843,255 shares of the company’s stock valued at $7,606,000 after buying an additional 24,080 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its position in 1-800-Flowers.com by 1.9% in the second quarter. Schwab Charles Investment Management Inc. now owns 77,777 shares of the company’s stock valued at $702,000 after buying an additional 1,428 shares in the last quarter. Hedge funds and other institutional investors own 34.34% of the company’s stock.
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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