1-800-Flowers.Com Inc (NASDAQ:FLWS) – Investment analysts at Northcoast Research cut their Q3 2018 earnings estimates for 1-800-Flowers.Com in a report issued on Thursday, Zacks Investment Research reports. Northcoast Research analyst K. Szafraniec now expects that the specialty retailer will post earnings of ($0.15) per share for the quarter, down from their previous forecast of ($0.13). Northcoast Research currently has a “Neutral” rating on the stock. Northcoast Research also issued estimates for 1-800-Flowers.Com’s FY2018 earnings at $0.63 EPS and FY2019 earnings at $0.57 EPS.
A number of other equities research analysts have also issued reports on the stock. Zacks Investment Research raised shares of 1-800-Flowers.Com from a “sell” rating to a “hold” rating in a report on Tuesday, January 9th. TheStreet raised shares of 1-800-Flowers.Com from a “c+” rating to a “b-” rating in a research note on Tuesday, December 5th. Noble Financial reaffirmed a “buy” rating on shares of 1-800-Flowers.Com in a research note on Thursday, December 28th. B. Riley reaffirmed a “buy” rating and set a $13.00 target price on shares of 1-800-Flowers.Com in a research note on Wednesday, November 8th. Finally, FBR & Co set a $13.00 target price on shares of 1-800-Flowers.Com and gave the company a “buy” rating in a research note on Thursday, October 26th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $12.40.
Shares of 1-800-Flowers.Com (FLWS) remained flat at $$10.80 during trading on Monday. The company’s stock had a trading volume of 155,900 shares, compared to its average volume of 184,130. The firm has a market cap of $697.94, a P/E ratio of 13.33, a price-to-earnings-growth ratio of 1.22 and a beta of 1.46. 1-800-Flowers.Com has a 12-month low of $7.80 and a 12-month high of $12.00. The company has a current ratio of 2.15, a quick ratio of 0.70 and a debt-to-equity ratio of 0.37.
1-800-Flowers.Com (NASDAQ:FLWS) last announced its quarterly earnings results on Wednesday, January 31st. The specialty retailer reported $0.88 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.88. The business had revenue of $526.10 million for the quarter, compared to analyst estimates of $528.85 million. 1-800-Flowers.Com had a net margin of 4.70% and a return on equity of 9.82%. The company’s revenue was down 5.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.93 EPS.
Several institutional investors and hedge funds have recently made changes to their positions in FLWS. Penserra Capital Management LLC boosted its stake in shares of 1-800-Flowers.Com by 102.0% during the 4th quarter. Penserra Capital Management LLC now owns 555,922 shares of the specialty retailer’s stock valued at $5,948,000 after purchasing an additional 280,681 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of 1-800-Flowers.Com by 5.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,667,298 shares of the specialty retailer’s stock valued at $26,006,000 after purchasing an additional 139,643 shares in the last quarter. Foundry Partners LLC lifted its position in 1-800-Flowers.Com by 23.2% during the 3rd quarter. Foundry Partners LLC now owns 575,745 shares of the specialty retailer’s stock valued at $5,671,000 after acquiring an additional 108,600 shares during the period. Pacific Ridge Capital Partners LLC purchased a new position in 1-800-Flowers.Com during the 4th quarter valued at about $986,000. Finally, Vanguard Group Inc. lifted its position in 1-800-Flowers.Com by 5.5% during the 2nd quarter. Vanguard Group Inc. now owns 1,429,199 shares of the specialty retailer’s stock valued at $13,935,000 after acquiring an additional 73,893 shares during the period. 33.02% of the stock is currently owned by hedge funds and other institutional investors.
ILLEGAL ACTIVITY NOTICE: “1-800-Flowers.Com Inc to Post Q3 2018 Earnings of ($0.15) Per Share, Northcoast Research Forecasts (FLWS)” was first reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this news story on another publication, it was stolen and reposted in violation of U.S. & international copyright & trademark legislation. The legal version of this news story can be read at https://www.dispatchtribunal.com/2018/02/13/q3-2018-earnings-forecast-for-1-800-flowers-com-inc-issued-by-northcoast-research-flws.html.
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.
Get a free copy of the Zacks research report on 1-800-Flowers.Com (FLWS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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.