1-800-Flowers.Com (FLWS) Reaches New 12-Month High at $19.07

1-800-Flowers.Com Inc (NASDAQ:FLWS)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $19.07 and last traded at $18.96, with a volume of 12601 shares. The stock had previously closed at $18.70.

A number of equities analysts recently commented on FLWS shares. Zacks Investment Research raised shares of 1-800-Flowers.Com from a “hold” rating to a “strong-buy” rating and set a $19.00 price target on the stock in a research report on Monday, February 4th. DA Davidson raised shares of 1-800-Flowers.Com from a “neutral” rating to a “buy” rating and set a $18.25 price target on the stock in a research report on Tuesday, March 19th. Sidoti lowered shares of 1-800-Flowers.Com from a “buy” rating to a “neutral” rating in a research report on Wednesday, February 6th. Noble Financial raised shares of 1-800-Flowers.Com from a “market perform” rating to an “outperform” rating and set a $19.00 price target on the stock in a research report on Friday, February 1st. Finally, BidaskClub raised shares of 1-800-Flowers.Com from a “hold” rating to a “buy” rating in a research report on Wednesday, February 13th. Two research analysts have rated the stock with a hold rating, four have given a buy rating and three have issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $18.06.

The company has a market capitalization of $1.20 billion, a PE ratio of 42.66, a PEG ratio of 4.17 and a beta of 1.31. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.60 and a current ratio of 1.92.

1-800-Flowers.Com (NASDAQ:FLWS) last announced its quarterly earnings data on Thursday, January 31st. The specialty retailer reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.97 by $0.07. The firm had revenue of $571.32 million for the quarter, compared to the consensus estimate of $554.50 million. 1-800-Flowers.Com had a net margin of 2.86% and a return on equity of 10.94%. As a group, equities research analysts expect that 1-800-Flowers.Com Inc will post 0.46 EPS for the current fiscal year.

In other news, CEO Christopher G. Mccann sold 25,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 31st. The shares were sold at an average price of $14.35, for a total value of $358,750.00. Following the sale, the chief executive officer now directly owns 943,328 shares in the company, valued at approximately $13,536,756.80. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Leonard J. Elmore sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 5th. The shares were sold at an average price of $17.10, for a total transaction of $85,500.00. Following the completion of the sale, the director now owns 47,791 shares in the company, valued at $817,226.10. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 169,500 shares of company stock worth $2,876,685. 64.42% of the stock is currently owned by corporate insiders.

Several institutional investors and hedge funds have recently bought and sold shares of the company. BlackRock Inc. boosted its stake in shares of 1-800-Flowers.Com by 2.0% in the 4th quarter. BlackRock Inc. now owns 1,914,110 shares of the specialty retailer’s stock valued at $23,409,000 after purchasing an additional 37,355 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of 1-800-Flowers.Com by 3.7% in the 3rd quarter. Vanguard Group Inc. now owns 1,258,070 shares of the specialty retailer’s stock valued at $14,845,000 after purchasing an additional 44,523 shares in the last quarter. Vanguard Group Inc boosted its stake in shares of 1-800-Flowers.Com by 3.7% in the 3rd quarter. Vanguard Group Inc now owns 1,258,070 shares of the specialty retailer’s stock valued at $14,845,000 after purchasing an additional 44,523 shares in the last quarter. AQR Capital Management LLC raised its holdings in 1-800-Flowers.Com by 8.9% in the 3rd quarter. AQR Capital Management LLC now owns 1,147,890 shares of the specialty retailer’s stock valued at $13,545,000 after buying an additional 93,520 shares during the last quarter. Finally, Peregrine Capital Management LLC raised its holdings in 1-800-Flowers.Com by 25.8% in the 4th quarter. Peregrine Capital Management LLC now owns 671,387 shares of the specialty retailer’s stock valued at $8,211,000 after buying an additional 137,881 shares during the last quarter. Institutional investors own 32.98% of the company’s stock.

TRADEMARK VIOLATION WARNING: “1-800-Flowers.Com (FLWS) Reaches New 12-Month High at $19.07” was first reported by Community Financial News and is owned by of Community Financial News. If you are reading this piece of content on another website, it was illegally copied and reposted in violation of U.S. & international copyright legislation. The original version of this piece of content can be accessed at https://www.com-unik.info/2019/04/17/1-800-flowers-com-flws-reaches-new-12-month-high-at-19-07.html.

About 1-800-Flowers.Com (NASDAQ:FLWS)

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.

Read More: What is the quiet period?

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.



Comments


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit