1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) CEO Christopher G. Mccann sold 17,850 shares of the business’s stock in a transaction that occurred on Tuesday, October 27th. The shares were sold at an average price of $25.79, for a total value of $460,351.50. Following the completion of the transaction, the chief executive officer now owns 1,119,099 shares of the company’s stock, valued at $28,861,563.21. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
NASDAQ:FLWS opened at $25.22 on Thursday. 1-800-FLOWERS.COM, Inc. has a twelve month low of $11.15 and a twelve month high of $32.78. The company has a quick ratio of 1.56, a current ratio of 2.10 and a debt-to-equity ratio of 0.22. The business has a 50 day moving average price of $25.52 and a two-hundred day moving average price of $23.97. The company has a market cap of $1.62 billion, a P/E ratio of 28.66 and a beta of 1.60.
1-800-FLOWERS.COM (NASDAQ:FLWS) last released its quarterly earnings results on Thursday, August 27th. The specialty retailer reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.04. 1-800-FLOWERS.COM had a return on equity of 17.12% and a net margin of 3.96%. The firm had revenue of $418.00 million during the quarter, compared to the consensus estimate of $388.00 million. During the same quarter in the prior year, the firm posted ($0.13) EPS. The business’s revenue was up 61.1% on a year-over-year basis. As a group, analysts anticipate that 1-800-FLOWERS.COM, Inc. will post 1.08 earnings per share for the current fiscal year.
Several equities analysts recently issued reports on FLWS shares. BidaskClub upgraded 1-800-FLOWERS.COM from a “hold” rating to a “buy” rating in a research report on Thursday. DA Davidson upgraded 1-800-FLOWERS.COM from an “underperform” rating to a “neutral” rating and set a $33.00 price objective for the company in a research report on Friday, August 28th. Finally, Zacks Investment Research upgraded 1-800-FLOWERS.COM from a “hold” rating to a “strong-buy” rating and set a $34.00 price objective for the company in a research report on Tuesday, September 1st. Two investment analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $29.00.
1-800-FLOWERS.COM Company Profile
1-800-FLOWERS.COM, Inc, together with its subsidiaries, provides gifts for various occasions in the United States. It operates in three segments: Consumer Floral; Gourmet Foods & Gift Baskets; and BloomNet. The company offers a range of products, including fresh-cut flowers, floral and fruit arrangements and plants, gifts, dipped berries, 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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