1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) President Thomas G. Hartnett Acquires 25,000 Shares of Stock

1-800-FLOWERS.COM, Inc. (NASDAQ:FLWSGet Rating) President Thomas G. Hartnett bought 25,000 shares of 1-800-FLOWERS.COM stock in a transaction that occurred on Friday, September 16th. The shares were bought at an average cost of $6.12 per share, with a total value of $153,000.00. Following the acquisition, the president now directly owns 245,266 shares in the company, valued at approximately $1,501,027.92. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website.

1-800-FLOWERS.COM Price Performance

FLWS stock opened at $6.46 on Tuesday. The company has a 50 day simple moving average of $9.16 and a 200 day simple moving average of $10.71. The stock has a market cap of $417.03 million, a price-to-earnings ratio of 14.68 and a beta of 1.60. 1-800-FLOWERS.COM, Inc. has a 1 year low of $5.95 and a 1 year high of $35.72. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.43 and a quick ratio of 0.63.

1-800-FLOWERS.COM (NASDAQ:FLWSGet Rating) last released its quarterly earnings data on Thursday, September 1st. The specialty retailer reported ($0.34) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.22) by ($0.12). The company had revenue of $485.90 million for the quarter, compared to analyst estimates of $486.81 million. 1-800-FLOWERS.COM had a return on equity of 6.21% and a net margin of 1.34%. 1-800-FLOWERS.COM’s revenue for the quarter was down .2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.20 earnings per share. Research analysts anticipate that 1-800-FLOWERS.COM, Inc. will post 0.45 EPS for the current fiscal year.

Institutional Investors Weigh In On 1-800-FLOWERS.COM

Institutional investors have recently added to or reduced their stakes in the business. Point72 Hong Kong Ltd bought a new stake in 1-800-FLOWERS.COM during the 4th quarter worth approximately $30,000. Byrne Asset Management LLC bought a new stake in 1-800-FLOWERS.COM during the 1st quarter worth approximately $26,000. Eagle Bay Advisors LLC grew its holdings in 1-800-FLOWERS.COM by 222.0% during the 2nd quarter. Eagle Bay Advisors LLC now owns 2,866 shares of the specialty retailer’s stock worth $27,000 after acquiring an additional 1,976 shares during the last quarter. Amalgamated Bank bought a new stake in 1-800-FLOWERS.COM during the 1st quarter worth approximately $56,000. Finally, UBS Group AG boosted its stake in shares of 1-800-FLOWERS.COM by 3,450.7% in the 2nd quarter. UBS Group AG now owns 5,326 shares of the specialty retailer’s stock valued at $50,000 after purchasing an additional 5,176 shares during the last quarter. 37.61% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on FLWS. DA Davidson reduced their target price on shares of 1-800-FLOWERS.COM from $9.25 to $7.00 and set a “neutral” rating for the company in a report on Friday, September 2nd. Noble Financial dropped their price objective on shares of 1-800-FLOWERS.COM to $13.00 in a research note on Tuesday, September 6th. StockNews.com cut shares of 1-800-FLOWERS.COM from a “hold” rating to a “sell” rating in a research note on Wednesday, August 31st. Benchmark dropped their price objective on shares of 1-800-FLOWERS.COM from $17.00 to $13.00 and set a “buy” rating for the company in a research note on Friday, September 2nd. Finally, Craig Hallum dropped their price objective on shares of 1-800-FLOWERS.COM to $8.00 in a research note on Tuesday, September 6th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, 1-800-FLOWERS.COM presently has a consensus rating of “Hold” and a consensus price target of $10.25.

1-800-FLOWERS.COM Company Profile

(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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