1-800-Flowers.Com (NASDAQ:FLWS) posted its quarterly earnings data on Thursday. The specialty retailer reported ($0.27) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.30) by $0.03, MarketWatch Earnings reports. The firm had revenue of $169.50 million for the quarter, compared to the consensus estimate of $165.59 million. 1-800-Flowers.Com had a return on equity of 9.49% and a net margin of 3.54%. The business’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.20) EPS. 1-800-Flowers.Com updated its FY19 guidance to $0.38-0.42 EPS.
Shares of FLWS stock traded up $3.25 during trading hours on Thursday, reaching $13.70. The company had a trading volume of 1,074,378 shares, compared to its average volume of 188,313. The company has a quick ratio of 1.48, a current ratio of 2.19 and a debt-to-equity ratio of 0.29. The company has a market cap of $684.33 million, a P/E ratio of 31.14, a price-to-earnings-growth ratio of 2.65 and a beta of 1.07. 1-800-Flowers.Com has a 1-year low of $8.85 and a 1-year high of $15.00.
In other news, CEO Christopher G. Mccann sold 12,500 shares of the stock in a transaction on Friday, October 12th. The stock was sold at an average price of $11.10, for a total value of $138,750.00. Following the transaction, the chief executive officer now owns 937,328 shares of the company’s stock, valued at approximately $10,404,340.80. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Christopher G. Mccann sold 15,000 shares of the stock in a transaction on Tuesday, September 4th. The shares were sold at an average price of $11.83, for a total value of $177,450.00. The disclosure for this sale can be found here. In the last three months, insiders sold 58,750 shares of company stock worth $709,788. 53.17% of the stock is currently owned by company insiders.
A hedge fund recently raised its stake in 1-800-Flowers.Com stock. Bank of New York Mellon Corp lifted its position in 1-800-Flowers.Com Inc (NASDAQ:FLWS) by 2.8% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 210,411 shares of the specialty retailer’s stock after buying an additional 5,740 shares during the period. Bank of New York Mellon Corp owned about 0.33% of 1-800-Flowers.Com worth $2,641,000 as of its most recent SEC filing. Institutional investors and hedge funds own 32.95% of the company’s stock.
A number of research firms have recently weighed in on FLWS. BidaskClub downgraded 1-800-Flowers.Com from a “hold” rating to a “sell” rating in a research note on Friday, October 26th. Zacks Investment Research raised 1-800-Flowers.Com from a “sell” rating to a “hold” rating in a research note on Tuesday, September 18th. Cann reissued a “sell” rating on shares of 1-800-Flowers.Com in a research note on Monday, October 15th. Sidoti raised 1-800-Flowers.Com from a “neutral” rating to a “buy” rating in a research note on Thursday, October 25th. Finally, Benchmark reissued a “buy” rating and issued a $16.00 price target (up previously from $14.00) on shares of 1-800-Flowers.Com in a research note on Wednesday, August 22nd. Two research analysts have rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $13.25.
1-800-FLOWERS.COM, Inc, together with its subsidiaries, provides gourmet food and floral gifts for various occasions in the United States. It operates in three segments: Consumer Floral; Gourmet Foods & Gift Baskets; and BloomNet Wire Service. The company offers a range of products, including fresh-cut flowers, floral and fruit arrangements and plants, gifts, popcorn, gourmet foods and gift baskets, cookies, chocolates, candies, wine, and gift-quality fruits, as well as balloons, candles, keepsake gifts, jewelry, and plush stuffed animals.
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