Sidoti lowered shares of 1-800-Flowers.Com (NASDAQ:FLWS) from a buy rating to a neutral rating in a research note issued to investors on Tuesday morning, Marketbeat.com reports.
A number of other equities analysts also recently commented on FLWS. FBR & Co set a $13.00 target price on shares of 1-800-Flowers.Com and gave the stock a buy rating in a research note on Wednesday, November 1st. Benchmark dropped their target price on shares of 1-800-Flowers.Com to $13.00 and set a buy rating on the stock in a research note on Wednesday, November 1st. Zacks Investment Research upgraded shares of 1-800-Flowers.Com from a sell rating to a hold rating in a research note on Wednesday, November 1st. Noble Financial restated a buy rating on shares of 1-800-Flowers.Com in a research note on Thursday, November 2nd. Finally, B. Riley restated a buy rating on shares of 1-800-Flowers.Com in a research note on Wednesday, November 1st. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of Buy and an average price target of $12.40.
1-800-Flowers.Com (NASDAQ FLWS) opened at $11.85 on Tuesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.92 and a quick ratio of 1.60. The company has a market cap of $832.51, a PE ratio of 32.25, a price-to-earnings-growth ratio of 1.46 and a beta of 1.46. 1-800-Flowers.Com has a one year low of $7.80 and a one year high of $13.00.
In other news, Director James A. Cannavino sold 40,000 shares of the company’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $10.72, for a total value of $428,800.00. Following the completion of the sale, the director now owns 69,719 shares of the company’s stock, valued at approximately $747,387.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 61.39% of the stock is currently owned by corporate insiders.
Institutional investors and hedge funds have recently made changes to their positions in the company. Foundry Partners LLC lifted its position in shares of 1-800-Flowers.Com by 23.2% in the 3rd quarter. Foundry Partners LLC now owns 575,745 shares of the specialty retailer’s stock worth $5,671,000 after purchasing an additional 108,600 shares during the period. Macquarie Group Ltd. purchased a new stake in shares of 1-800-Flowers.Com in the 3rd quarter worth approximately $556,000. Wells Fargo & Company MN lifted its position in shares of 1-800-Flowers.Com by 57.8% in the 3rd quarter. Wells Fargo & Company MN now owns 34,000 shares of the specialty retailer’s stock worth $335,000 after purchasing an additional 12,449 shares during the period. Vanguard Group Inc. lifted its position in shares of 1-800-Flowers.Com by 5.5% in the 2nd quarter. Vanguard Group Inc. now owns 1,429,199 shares of the specialty retailer’s stock worth $13,935,000 after purchasing an additional 73,893 shares during the period. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in shares of 1-800-Flowers.Com in the 3rd quarter worth approximately $474,000. 33.60% of the stock is owned by hedge funds and other institutional investors.
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.
Receive News & Ratings for 1-800-Flowers.Com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 1-800-Flowers.Com and related companies with MarketBeat.com's FREE daily email newsletter.