1-800-FLOWERS.COM (NASDAQ:FLWS – Get Rating) had its target price decreased by stock analysts at Benchmark from $26.00 to $17.00 in a research note issued on Friday, The Fly reports. Benchmark’s price target indicates a potential upside of 63.93% from the stock’s previous close.
FLWS has been the topic of a number of other research reports. Craig Hallum lowered shares of 1-800-FLOWERS.COM from a “buy” rating to a “hold” rating and dropped their target price for the stock from $35.00 to $12.00 in a research report on Thursday. StockNews.com assumed coverage on shares of 1-800-FLOWERS.COM in a report on Thursday, March 31st. They issued a “hold” rating on the stock. DA Davidson lowered shares of 1-800-FLOWERS.COM from a “buy” rating to a “neutral” rating in a report on Thursday, March 17th. Finally, Zacks Investment Research lowered shares of 1-800-FLOWERS.COM from a “hold” rating to a “strong sell” rating in a report on Wednesday, February 2nd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, 1-800-FLOWERS.COM has a consensus rating of “Hold” and an average target price of $26.10.
NASDAQ:FLWS opened at $10.37 on Friday. 1-800-FLOWERS.COM has a 12 month low of $9.13 and a 12 month high of $38.66. The company’s 50 day moving average is $13.73 and its 200-day moving average is $21.41. The firm has a market cap of $674.51 million, a price-to-earnings ratio of 7.63 and a beta of 1.68. The company has a quick ratio of 0.91, a current ratio of 1.36 and a debt-to-equity ratio of 0.27.
1-800-FLOWERS.COM (NASDAQ:FLWS – Get Rating) last announced its earnings results on Thursday, April 28th. The specialty retailer reported ($0.32) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.28) by ($0.04). 1-800-FLOWERS.COM had a return on equity of 17.54% and a net margin of 4.07%. The company had revenue of $469.60 million for the quarter, compared to the consensus estimate of $483.08 million. During the same period last year, the firm posted $0.02 EPS. The company’s revenue was down 1.0% compared to the same quarter last year. Research analysts predict that 1-800-FLOWERS.COM will post 0.84 EPS for the current fiscal year.
Several large investors have recently modified their holdings of the company. Wasatch Advisors Inc. lifted its position in 1-800-FLOWERS.COM by 10.0% during the 3rd quarter. Wasatch Advisors Inc. now owns 6,027,003 shares of the specialty retailer’s stock worth $183,884,000 after buying an additional 549,682 shares in the last quarter. BlackRock Inc. lifted its position in 1-800-FLOWERS.COM by 7.6% during the 4th quarter. BlackRock Inc. now owns 3,142,432 shares of the specialty retailer’s stock worth $73,439,000 after buying an additional 221,814 shares in the last quarter. Westwood Holdings Group Inc. lifted its position in 1-800-FLOWERS.COM by 4.4% during the 4th quarter. Westwood Holdings Group Inc. now owns 1,002,722 shares of the specialty retailer’s stock worth $23,434,000 after buying an additional 41,937 shares in the last quarter. State Street Corp lifted its position in 1-800-FLOWERS.COM by 5.9% during the 4th quarter. State Street Corp now owns 827,323 shares of the specialty retailer’s stock worth $19,335,000 after buying an additional 46,186 shares in the last quarter. Finally, Morgan Stanley lifted its position in 1-800-FLOWERS.COM by 1,765.8% during the 2nd quarter. Morgan Stanley now owns 720,206 shares of the specialty retailer’s stock worth $22,952,000 after buying an additional 681,605 shares in the last quarter.
About 1-800-FLOWERS.COM (Get Rating)
1-800-FLOWERS.COM, Inc, together with its subsidiaries, 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, personalized products, dipped berries, popcorns, gourmet foods and gift baskets, cookies, chocolates, candies, wines, and gift-quality fruits.
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