Zacks: Analysts Expect 1-800-Flowers.Com Inc (FLWS) to Post $0.97 EPS

Brokerages expect 1-800-Flowers.Com Inc (NASDAQ:FLWS) to post earnings per share (EPS) of $0.97 for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for 1-800-Flowers.Com’s earnings. The lowest EPS estimate is $0.97 and the highest is $0.98. 1-800-Flowers.Com reported earnings per share of $0.88 during the same quarter last year, which indicates a positive year over year growth rate of 10.2%. The firm is scheduled to announce its next earnings results on Wednesday, January 30th.

On average, analysts expect that 1-800-Flowers.Com will report full-year earnings of $0.41 per share for the current fiscal year, with EPS estimates ranging from $0.40 to $0.43. For the next fiscal year, analysts anticipate that the firm will post earnings of $0.50 per share, with EPS estimates ranging from $0.49 to $0.51. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that follow 1-800-Flowers.Com.

1-800-Flowers.Com (NASDAQ:FLWS) last released its quarterly earnings results on Thursday, November 1st. The specialty retailer reported ($0.27) EPS for the quarter, topping analysts’ consensus estimates of ($0.30) by $0.03. 1-800-Flowers.Com had a net margin of 3.16% and a return on equity of 7.99%. The business had revenue of $169.50 million for the quarter, compared to analyst estimates of $165.59 million. During the same period last year, the firm earned ($0.20) earnings per share. 1-800-Flowers.Com’s revenue for the quarter was up 7.8% compared to the same quarter last year.

A number of research firms recently commented on FLWS. 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 upgraded shares of 1-800-Flowers.Com from a “sell” rating to a “hold” rating in a research note on Friday, November 2nd. BidaskClub upgraded shares of 1-800-Flowers.Com from a “sell” rating to a “hold” rating in a research note on Wednesday, December 12th. Finally, reiterated a “buy” rating on shares of 1-800-Flowers.Com in a research note on Tuesday, November 20th. Five equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $13.67.

In other 1-800-Flowers.Com news, Director Leonard J. Elmore sold 3,234 shares of the stock in a transaction dated Tuesday, November 6th. The shares were sold at an average price of $12.96, for a total transaction of $41,912.64. Following the sale, the director now directly owns 42,487 shares in the company, valued at $550,631.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Christopher G. Mccann sold 25,000 shares of the stock in a transaction dated Monday, January 7th. The stock was sold at an average price of $12.51, for a total transaction of $312,750.00. Following the sale, the chief executive officer now owns 943,328 shares in the company, valued at $11,801,033.28. The disclosure for this sale can be found here. Insiders have sold 178,234 shares of company stock worth $2,193,413 over the last quarter. Corporate insiders own 64.42% of the company’s stock.

A number of institutional investors have recently made changes to their positions in FLWS. Stone Ridge Asset Management LLC boosted its stake in shares of 1-800-Flowers.Com by 11.1% in the 3rd quarter. Stone Ridge Asset Management LLC now owns 79,671 shares of the specialty retailer’s stock valued at $940,000 after purchasing an additional 7,972 shares in the last quarter. Northern Trust Corp boosted its stake in shares of 1-800-Flowers.Com by 9.4% in the 2nd quarter. Northern Trust Corp now owns 366,945 shares of the specialty retailer’s stock valued at $4,605,000 after purchasing an additional 31,595 shares in the last quarter. Matarin Capital Management LLC acquired a new stake in shares of 1-800-Flowers.Com in the 3rd quarter valued at approximately $708,000. California Public Employees Retirement System boosted its stake in shares of 1-800-Flowers.Com by 2.9% in the 2nd quarter. California Public Employees Retirement System now owns 126,067 shares of the specialty retailer’s stock valued at $1,582,000 after purchasing an additional 3,564 shares in the last quarter. Finally, Penserra Capital Management LLC boosted its stake in shares of 1-800-Flowers.Com by 20.2% in the 3rd quarter. Penserra Capital Management LLC now owns 1,362,117 shares of the specialty retailer’s stock valued at $16,072,000 after purchasing an additional 229,140 shares in the last quarter. Hedge funds and other institutional investors own 34.07% of the company’s stock.

NASDAQ:FLWS traded up $0.15 during mid-day trading on Friday, reaching $13.02. 134,186 shares of the company’s stock were exchanged, compared to its average volume of 145,225. 1-800-Flowers.Com has a one year low of $9.76 and a one year high of $15.00. The firm has a market cap of $833.66 million, a price-to-earnings ratio of 29.59, a P/E/G ratio of 3.17 and a beta of 1.06. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.73 and a current ratio of 2.13.

About 1-800-Flowers.Com

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.

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

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