FY2019 EPS Estimates for 1-800-Flowers.Com Inc Raised by Northcoast Research (FLWS)

1-800-Flowers.Com Inc (NASDAQ:FLWS) – Investment analysts at Northcoast Research increased their FY2019 EPS estimates for shares of 1-800-Flowers.Com in a report issued on Tuesday, November 6th. Northcoast Research analyst T. Vierengel now anticipates that the specialty retailer will earn $0.40 per share for the year, up from their previous forecast of $0.39. Northcoast Research currently has a “Neutral” rating on the stock.

1-800-Flowers.Com (NASDAQ:FLWS) last posted its quarterly earnings data on Thursday, November 1st. The specialty retailer reported ($0.27) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.30) by $0.03. The company had revenue of $169.50 million for the quarter, compared to analyst estimates of $165.59 million. 1-800-Flowers.Com had a net margin of 3.16% and a return on equity of 7.82%. The business’s quarterly revenue was up 7.8% on a year-over-year basis. During the same quarter last year, the firm posted ($0.20) earnings per share.

A number of other research firms have also issued reports on FLWS. BidaskClub upgraded shares of 1-800-Flowers.Com from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, August 15th. Benchmark reissued a “buy” rating and set a $16.00 price target (up previously from $14.00) on shares of 1-800-Flowers.Com in a research report on Wednesday, August 22nd. ValuEngine raised shares of 1-800-Flowers.Com from a “buy” rating to a “strong-buy” rating in a research report on Thursday, November 1st. Zacks Investment Research raised shares of 1-800-Flowers.Com from a “sell” rating to a “hold” rating in a research report on Friday, November 2nd. Finally, Noble Financial reissued a “hold” rating on shares of 1-800-Flowers.Com in a research report on Tuesday, August 28th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $13.50.

FLWS opened at $13.30 on Thursday. The company has a market cap of $875.84 million, a PE ratio of 37.67, a PEG ratio of 3.31 and a beta of 1.11. 1-800-Flowers.Com has a 52-week low of $8.85 and a 52-week high of $15.00. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.48 and a current ratio of 2.19.

In other 1-800-Flowers.Com news, CEO Christopher G. Mccann sold 25,000 shares of 1-800-Flowers.Com stock in a transaction on Thursday, November 1st. The shares were sold at an average price of $11.00, for a total value of $275,000.00. Following the completion of the transaction, the chief executive officer now owns 898,582 shares of the company’s stock, valued at $9,884,402. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Leonard J. Elmore sold 3,234 shares of 1-800-Flowers.Com stock in a transaction on Tuesday, November 6th. The stock was sold at an average price of $12.96, for a total transaction of $41,912.64. Following the completion of the transaction, the director now directly owns 42,487 shares of the company’s stock, valued at approximately $550,631.52. The disclosure for this sale can be found here. Insiders have sold 111,984 shares of company stock valued at $1,361,950 in the last three months. Corporate insiders own 64.42% of the company’s stock.

A number of institutional investors have recently added to or reduced their stakes in the business. California Public Employees Retirement System boosted its holdings in 1-800-Flowers.Com by 2.9% in the second quarter. California Public Employees Retirement System now owns 126,067 shares of the specialty retailer’s stock worth $1,582,000 after purchasing an additional 3,564 shares during the period. Tower Research Capital LLC TRC boosted its holdings in 1-800-Flowers.Com by 97.9% in the second quarter. Tower Research Capital LLC TRC now owns 9,159 shares of the specialty retailer’s stock worth $114,000 after purchasing an additional 4,531 shares during the period. Bank of New York Mellon Corp boosted its holdings in 1-800-Flowers.Com by 2.8% in the second quarter. Bank of New York Mellon Corp now owns 210,411 shares of the specialty retailer’s stock worth $2,641,000 after purchasing an additional 5,740 shares during the period. Northern Trust Corp boosted its holdings in 1-800-Flowers.Com by 1.8% in the first quarter. Northern Trust Corp now owns 335,350 shares of the specialty retailer’s stock worth $3,957,000 after purchasing an additional 5,979 shares during the period. Finally, Barclays PLC boosted its holdings in 1-800-Flowers.Com by 103.0% in the first quarter. Barclays PLC now owns 11,791 shares of the specialty retailer’s stock worth $139,000 after purchasing an additional 5,983 shares during the period. 32.90% of the stock is owned by hedge funds and other institutional investors.

1-800-Flowers.Com Company Profile

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.

See Also: Book Value Per Share – BVPS

Earnings History and Estimates for 1-800-Flowers.Com (NASDAQ:FLWS)

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