1-800-FLOWERS.COM (NASDAQ:FLWS) Lowered to “Strong Sell” at DA Davidson

DA Davidson downgraded shares of 1-800-FLOWERS.COM (NASDAQ:FLWS) from a hold rating to a strong sell rating in a research note published on Thursday morning, Zacks.com reports.

Separately, StockNews.com lowered 1-800-FLOWERS.COM from a buy rating to a hold rating in a research report on Friday, May 3rd.

1-800-FLOWERS.COM Trading Down 1.5 %

Shares of NASDAQ FLWS opened at $9.55 on Thursday. 1-800-FLOWERS.COM has a 1-year low of $5.97 and a 1-year high of $11.42. The company has a current ratio of 1.89, a quick ratio of 1.13 and a debt-to-equity ratio of 0.37. The company has a 50-day moving average of $9.66 and a two-hundred day moving average of $9.82. The company has a market cap of $613.21 million, a PE ratio of -79.58, a P/E/G ratio of 1.74 and a beta of 1.68.

1-800-FLOWERS.COM (NASDAQ:FLWS) last posted its quarterly earnings data on Thursday, May 2nd. The specialty retailer reported ($0.28) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.24) by ($0.04). The firm had revenue of $379.40 million for the quarter, compared to analyst estimates of $383.73 million. 1-800-FLOWERS.COM had a positive return on equity of 3.27% and a negative net margin of 0.42%. The firm’s quarterly revenue was down 9.1% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.27) EPS. As a group, equities analysts expect that 1-800-FLOWERS.COM will post 0.24 earnings per share for the current fiscal year.

Hedge Funds Weigh In On 1-800-FLOWERS.COM

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FLWS. GSA Capital Partners LLP acquired a new stake in shares of 1-800-FLOWERS.COM in the 1st quarter valued at approximately $1,432,000. PEAK6 Investments LLC boosted its position in shares of 1-800-FLOWERS.COM by 865.9% during the fourth quarter. PEAK6 Investments LLC now owns 144,888 shares of the specialty retailer’s stock worth $1,562,000 after purchasing an additional 129,888 shares in the last quarter. Prosperity Consulting Group LLC acquired a new position in shares of 1-800-FLOWERS.COM in the 1st quarter valued at $1,105,000. Gamco Investors INC. ET AL raised its position in 1-800-FLOWERS.COM by 4.8% in the 1st quarter. Gamco Investors INC. ET AL now owns 1,098,900 shares of the specialty retailer’s stock valued at $11,901,000 after buying an additional 50,000 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in 1-800-FLOWERS.COM by 1.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,367,496 shares of the specialty retailer’s stock valued at $25,522,000 after acquiring an additional 38,529 shares in the last quarter. Institutional investors own 38.43% of the company’s stock.

About 1-800-FLOWERS.COM

1-800-FLOWERS.COM, Inc provides gifts for various occasions in the United States and internationally. It operates through three segments: Consumer Floral & Gifts, Gourmet Foods & Gift Baskets, and BloomNet. The company offers a range of products, including fresh-cut flowers, floral and fruit arrangements, plants, gifts, personalized products, dipped berries, popcorns, gourmet foods and gift baskets, cookies, chocolates, candies, wines, and gift-quality fruits.