1-800-Flowers.Com (FLWS) Upgraded to Buy by BidaskClub

BidaskClub upgraded shares of 1-800-Flowers.Com (NASDAQ:FLWS) from a hold rating to a buy rating in a report published on Friday.

Several other research analysts have also recently issued reports on FLWS. FBR & Co set a $13.00 target price on shares of 1-800-Flowers.Com and gave the company a buy rating in a report on Thursday, October 26th. Benchmark lowered their target price on shares of 1-800-Flowers.Com to $13.00 and set a buy rating for the company in a report on Wednesday, November 1st. Zacks Investment Research upgraded shares of 1-800-Flowers.Com from a sell rating to a hold rating in a report on Wednesday, November 1st. Noble Financial restated a buy rating on shares of 1-800-Flowers.Com in a report on Thursday, November 2nd. Finally, B. Riley restated a buy rating on shares of 1-800-Flowers.Com in a report on Wednesday, November 1st. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus target price of $12.40.

Shares of 1-800-Flowers.Com (FLWS) traded up $0.10 during trading on Friday, hitting $10.80. 251,232 shares of the stock traded hands, compared to its average volume of 181,070. 1-800-Flowers.Com has a fifty-two week low of $7.80 and a fifty-two week high of $12.00. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.70 and a current ratio of 2.15. The firm has a market cap of $704.47, a PE ratio of 13.50, a price-to-earnings-growth ratio of 1.21 and a beta of 1.46.

1-800-Flowers.Com (NASDAQ:FLWS) last issued its earnings results on Wednesday, January 31st. The specialty retailer reported $0.88 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.88. 1-800-Flowers.Com had a net margin of 4.70% and a return on equity of 9.82%. The business had revenue of $526.10 million during the quarter, compared to analysts’ expectations of $528.85 million. During the same quarter in the prior year, the business posted $0.93 EPS. The company’s revenue for the quarter was down 5.1% on a year-over-year basis. analysts expect that 1-800-Flowers.Com will post 0.63 earnings per share for the current year.

Hedge funds have recently added to or reduced their stakes in the stock. Simplex Trading LLC raised its position in 1-800-Flowers.Com by 1,064.4% in the 4th quarter. Simplex Trading LLC now owns 11,446 shares of the specialty retailer’s stock valued at $122,000 after purchasing an additional 10,463 shares during the last quarter. Aperio Group LLC purchased a new stake in 1-800-Flowers.Com in the 4th quarter valued at $168,000. UBS Asset Management Americas Inc. purchased a new stake in 1-800-Flowers.Com in the 4th quarter valued at $188,000. Wells Fargo & Company MN raised its position in 1-800-Flowers.Com by 2.3% in the 2nd quarter. Wells Fargo & Company MN now owns 21,551 shares of the specialty retailer’s stock valued at $211,000 after purchasing an additional 488 shares during the last quarter. Finally, Nationwide Fund Advisors raised its position in 1-800-Flowers.Com by 5.2% in the 2nd quarter. Nationwide Fund Advisors now owns 21,803 shares of the specialty retailer’s stock valued at $213,000 after purchasing an additional 1,086 shares during the last quarter. Hedge funds and other institutional investors own 33.11% of the company’s stock.

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About 1-800-Flowers.Com

1-800-FLOWERS.COM, Inc is a provider of gourmet food and floral gifts for all occasions. The Company offers gifts for every occasion, including fresh flowers and a selection of plants, gift baskets, gourmet foods, confections, candles, balloons and stuffed animals. The Company operates through three business segments: Consumer Floral, Gourmet Food and Gift Baskets, and BloomNet Wire Service.

Analyst Recommendations for 1-800-Flowers.Com (NASDAQ:FLWS)

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