1-800-FLOWERS.COM (NASDAQ:FLWS) Price Target Cut to $11.00 by Analysts at DA Davidson

1-800-FLOWERS.COM (NASDAQ:FLWS – Get Rating) had its target price cut by DA Davidson from $12.00 to $11.00 in a report issued on Monday, The Fly reports.

FLWS has been the topic of a number of other reports. TheStreet lowered shares of 1-800-FLOWERS.COM from a c- rating to a d rating in a research note on Friday, May 12th. Craig Hallum upgraded shares of 1-800-FLOWERS.COM from a hold rating to a buy rating and lifted their price objective for the company from $13.00 to $15.00 in a research note on Thursday, March 30th. StockNews.com assumed coverage on shares of 1-800-FLOWERS.COM in a research note on Thursday, May 18th. They set a hold rating on the stock. Finally, Benchmark upped their target price on shares of 1-800-FLOWERS.COM from $13.00 to $15.00 and gave the stock a buy rating in a research report on Friday, February 3rd. Two equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of Moderate Buy and a consensus target price of $13.50.

1-800-FLOWERS.COM Price Performance

Shares of FLWS opened at $8.64 on Monday. 1-800-FLOWERS.COM has a 1-year low of $5.82 and a 1-year high of $13.29. The stock has a market cap of $559.70 million, a PE ratio of -12.52 and a beta of 1.67. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.56 and a quick ratio of 0.62. The firm has a fifty day moving average price of $10.10 and a 200 day moving average price of $9.74.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. JPMorgan Chase & Co. increased its position in shares of 1-800-FLOWERS.COM by 4,455.1% in the first quarter. JPMorgan Chase & Co. now owns 701,844 shares of the specialty retailer’s stock worth $8,071,000 after acquiring an additional 686,436 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in 1-800-FLOWERS.COM by 41.9% in the first quarter. Dimensional Fund Advisors LP now owns 1,824,392 shares of the specialty retailer’s stock valued at $20,980,000 after acquiring an additional 538,874 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its stake in 1-800-FLOWERS.COM by 103.2% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 583,620 shares of the specialty retailer’s stock valued at $5,579,000 after acquiring an additional 296,420 shares during the last quarter. Aristotle Capital Boston LLC lifted its stake in 1-800-FLOWERS.COM by 12.3% in the fourth quarter. Aristotle Capital Boston LLC now owns 1,892,718 shares of the specialty retailer’s stock valued at $18,094,000 after acquiring an additional 207,471 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its stake in 1-800-FLOWERS.COM by 39.7% in the third quarter. Renaissance Technologies LLC now owns 637,669 shares of the specialty retailer’s stock valued at $4,138,000 after acquiring an additional 181,369 shares during the last quarter. 37.55% of the stock is currently owned by institutional investors.

About 1-800-FLOWERS.COM

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1-800-FLOWERS.COM, engages in the provision of gifts designing. It operates through the following business segments: Consumer Floral and Gifts, Gourmet Floral and Gifts, and BloomNet. The Consumer Floral and Gifts segment operates 1-800-Flowers.com, PersonalizationMall, FruitBouquets.com, Flowerama, and Alice’s Table.