1-800-Flowers.Com Inc (FLWS) Expected to Post Earnings of -$0.18 Per Share

Equities analysts expect that 1-800-Flowers.Com Inc (NASDAQ:FLWS) will post earnings of ($0.18) per share for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for 1-800-Flowers.Com’s earnings. 1-800-Flowers.Com reported earnings of ($0.13) per share in the same quarter last year, which would suggest a negative year over year growth rate of 38.5%. The business is scheduled to issue its next quarterly earnings report before the market opens on Tuesday, April 30th.

On average, analysts expect that 1-800-Flowers.Com will report full year earnings of $0.46 per share for the current year, with EPS estimates ranging from $0.45 to $0.46. For the next fiscal year, analysts forecast that the company will report earnings of $0.53 per share, with EPS estimates ranging from $0.49 to $0.57. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side analysts that follow 1-800-Flowers.Com.

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, beating the consensus estimate of $0.97 by $0.07. The business had revenue of $571.32 million during the quarter, compared to analysts’ expectations of $554.50 million. 1-800-Flowers.Com had a return on equity of 10.94% and a net margin of 2.86%.

Several brokerages have recently issued reports on FLWS. DA Davidson lifted their price objective on 1-800-Flowers.Com to $18.00 and gave the company a “neutral” rating in a research note on Friday, February 1st. Sidoti cut 1-800-Flowers.Com from a “buy” rating to a “neutral” rating in a research note on Wednesday, February 6th. TheStreet upgraded 1-800-Flowers.Com from a “c+” rating to a “b” rating in a research note on Friday, February 1st. Zacks Investment Research upgraded 1-800-Flowers.Com from a “hold” rating to a “strong-buy” rating and set a $19.00 price objective for the company in a research note on Monday, February 4th. Finally, BidaskClub upgraded 1-800-Flowers.Com from a “buy” rating to a “strong-buy” rating in a research note on Friday, March 22nd. Two investment 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 company. The stock presently has an average rating of “Buy” and an average target price of $18.06.

Shares of FLWS opened at $18.77 on Friday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.92 and a quick ratio of 1.60. The stock has a market capitalization of $1.22 billion, a PE ratio of 36.65, a P/E/G ratio of 4.17 and a beta of 1.31. 1-800-Flowers.Com has a 1 year low of $10.01 and a 1 year high of $19.22.

In other news, CEO Christopher G. Mccann sold 12,500 shares of the firm’s stock in a transaction dated Thursday, January 17th. The stock was sold at an average price of $12.79, for a total transaction of $159,875.00. Following the sale, the chief executive officer now owns 943,328 shares of the company’s stock, valued at approximately $12,065,165.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Arnold P. Leap sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, February 6th. The stock was sold at an average price of $17.03, for a total value of $34,060.00. Following the sale, the insider now directly owns 30,381 shares in the company, valued at approximately $517,388.43. The disclosure for this sale can be found here. Insiders have sold a total of 169,500 shares of company stock worth $2,876,685 in the last three months. Corporate insiders own 64.42% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of FLWS. One Wealth Advisors LLC increased its position in 1-800-Flowers.Com by 5.7% during the fourth quarter. One Wealth Advisors LLC now owns 16,834 shares of the specialty retailer’s stock worth $206,000 after buying an additional 908 shares during the period. Legal & General Group Plc increased its position in 1-800-Flowers.Com by 39.3% during the fourth quarter. Legal & General Group Plc now owns 5,338 shares of the specialty retailer’s stock worth $65,000 after buying an additional 1,506 shares during the period. Jane Street Group LLC acquired a new position in 1-800-Flowers.Com during the fourth quarter worth approximately $730,000. Municipal Employees Retirement System of Michigan acquired a new position in 1-800-Flowers.Com during the fourth quarter worth approximately $621,000. Finally, Metropolitan Life Insurance Co. NY increased its position in 1-800-Flowers.Com by 395.2% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 8,978 shares of the specialty retailer’s stock worth $110,000 after buying an additional 7,165 shares during the period. 32.98% of the stock is currently owned by institutional investors and hedge funds.

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: Dividend

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

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