1-800 FLOWERS.COM (NASDAQ:FLWS) Stock Rating Upgraded by Zacks Research

1-800 FLOWERS.COM (NASDAQ:FLWS) was upgraded by investment analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report released on Monday,Zacks.com reports.

A number of other analysts have also recently weighed in on the company. Weiss Ratings restated a “sell (d-)” rating on shares of 1-800 FLOWERS.COM in a research note on Wednesday, June 24th. Noble Financial reiterated an “outperform” rating on shares of 1-800 FLOWERS.COM in a report on Friday, May 8th. Finally, Wall Street Zen raised 1-800 FLOWERS.COM from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 6th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $3.75.

1-800 FLOWERS.COM Trading Down 0.7%

Shares of NASDAQ:FLWS opened at $4.20 on Monday. 1-800 FLOWERS.COM has a 52 week low of $2.88 and a 52 week high of $8.44. The company’s 50 day moving average is $4.07 and its two-hundred day moving average is $3.86. The company has a market cap of $269.22 million, a PE ratio of -1.99 and a beta of 1.36. The company has a current ratio of 1.14, a quick ratio of 0.49 and a debt-to-equity ratio of 0.61.

1-800 FLOWERS.COM (NASDAQ:FLWS) last released its quarterly earnings data on Thursday, May 7th. The specialty retailer reported ($0.77) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.75) by ($0.02). The firm had revenue of $293.01 million for the quarter, compared to analysts’ expectations of $292.42 million. 1-800 FLOWERS.COM had a negative return on equity of 28.81% and a negative net margin of 8.69%. Equities analysts predict that 1-800 FLOWERS.COM will post -1.18 earnings per share for the current fiscal year.

Hedge Funds Weigh In On 1-800 FLOWERS.COM

Several large investors have recently bought and sold shares of FLWS. Quarry LP increased its position in shares of 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 worth $25,000 after purchasing an additional 5,381 shares in the last quarter. FNY Investment Advisers LLC boosted its position in shares of 1-800 FLOWERS.COM by 2,832.6% in the 4th quarter. FNY Investment Advisers LLC now owns 10,000 shares of the specialty retailer’s stock valued at $39,000 after purchasing an additional 9,659 shares during the period. Jain Global LLC acquired a new stake in shares of 1-800 FLOWERS.COM in the 4th quarter valued at about $46,000. nVerses Capital LLC purchased a new position in 1-800 FLOWERS.COM during the 4th quarter worth approximately $48,000. Finally, Deutsche Bank AG purchased a new position in 1-800 FLOWERS.COM during the 4th quarter worth 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.