1-800-Flowers.Com (FLWS) Downgraded to “Sell” at Zacks Investment Research

Zacks Investment Research cut shares of 1-800-Flowers.Com (NASDAQ:FLWS) from a hold rating to a sell rating in a research note issued to investors on Saturday, February 3rd.

According to Zacks, “1-800-FLOWERS.COM, Inc. is a leading e-commerce provider of floral products and gifts, in terms of number of customers and revenue. With the development of the company’s online business and a strategic acquisition, they have continuously expanded their product offerings, most recently to include gourmet foods and home and garden merchandise. As a result, the company has developed relationships with customers who purchase products not only for gifting occasions but also for everyday consumption. “

FLWS has been the topic of several other reports. Northcoast Research cut 1-800-Flowers.Com from a buy rating to a neutral rating in a research report on Tuesday, December 26th. Noble Financial reissued a buy rating on shares of 1-800-Flowers.Com in a research report on Thursday, December 28th. TheStreet raised 1-800-Flowers.Com from a c+ rating to a b- rating in a research note on Tuesday, December 5th. BidaskClub raised 1-800-Flowers.Com from a sell rating to a hold rating in a research note on Wednesday, December 6th. Finally, Benchmark decreased their price objective on 1-800-Flowers.Com to $13.00 and set a buy rating on the stock in a research note on Thursday, February 1st. One investment analyst has rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the company’s stock. The company currently has an average rating of Buy and an average target price of $12.40.

1-800-Flowers.Com (NASDAQ:FLWS) traded up $0.10 during midday trading on Friday, hitting $10.80. The stock had a trading volume of 251,232 shares, compared to its average volume of 184,300. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.70 and a current ratio of 2.15. 1-800-Flowers.Com has a 52-week low of $7.80 and a 52-week high of $12.00. The stock has a market capitalization of $697.94, a PE ratio of 27.00, a P/E/G ratio of 1.22 and a beta of 1.46.

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

A number of institutional investors and hedge funds have recently modified their holdings of FLWS. Schwab Charles Investment Management Inc. raised its stake in 1-800-Flowers.Com by 0.6% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 106,451 shares of the specialty retailer’s stock valued at $1,038,000 after purchasing an additional 665 shares during the period. Rhumbline Advisers raised its stake in 1-800-Flowers.Com by 1.3% during the 2nd quarter. Rhumbline Advisers now owns 33,066 shares of the specialty retailer’s stock valued at $322,000 after purchasing an additional 415 shares during the period. Wells Fargo & Company MN raised its stake in 1-800-Flowers.Com by 2.3% during 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 period. TIAA CREF Investment Management LLC raised its stake in 1-800-Flowers.Com by 0.5% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 166,502 shares of the specialty retailer’s stock valued at $1,623,000 after purchasing an additional 803 shares during the period. Finally, Nationwide Fund Advisors raised its stake in 1-800-Flowers.Com by 5.2% during 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 period. 33.11% of the stock is currently owned by institutional investors.

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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.

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