Equities research analysts expect that 1-800 FLOWERS.COM, Inc. (NASDAQ:FLWS) will post earnings per share of ($0.22) for the current quarter, Zacks Investment Research reports. Three analysts have issued estimates for 1-800 FLOWERS.COM’s earnings, with estimates ranging from ($0.23) to ($0.20). 1-800 FLOWERS.COM posted earnings of ($0.24) per share during the same quarter last year, which would suggest a positive year-over-year growth rate of 8.3%. The company is expected to report its next quarterly earnings results on Wednesday, November 1st.
According to Zacks, analysts expect that 1-800 FLOWERS.COM will report full-year earnings of $0.47 per share for the current year, with EPS estimates ranging from $0.46 to $0.48. For the next financial year, analysts anticipate that the company will report earnings of $0.54 per share, with EPS estimates ranging from $0.50 to $0.56. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research analysts that cover 1-800 FLOWERS.COM.
1-800 FLOWERS.COM (NASDAQ:FLWS) last issued its quarterly earnings data on Thursday, August 24th. The specialty retailer reported ($0.11) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.09) by $0.02. The company had revenue of $239.50 million for the quarter, compared to the consensus estimate of $245.38 million. 1-800 FLOWERS.COM had a net margin of 3.69% and a return on equity of 10.96%. The firm’s revenue for the quarter was up 2.2% on a year-over-year basis. During the same quarter last year, the company earned ($0.14) EPS.
Several equities analysts recently issued reports on FLWS shares. Zacks Investment Research upgraded shares of 1-800 FLOWERS.COM from a “sell” rating to a “hold” rating in a research note on Tuesday, May 9th. FBR & Co started coverage on shares of 1-800 FLOWERS.COM in a research note on Tuesday, July 11th. They issued an “outperform” rating and a $13.00 target price for the company. DA Davidson started coverage on shares of 1-800 FLOWERS.COM in a research note on Wednesday, June 14th. They issued a “neutral” rating and a $11.00 target price for the company. Benchmark Co. reiterated a “buy” rating and issued a $13.00 target price on shares of 1-800 FLOWERS.COM in a research note on Wednesday, August 23rd. Finally, BidaskClub upgraded shares of 1-800 FLOWERS.COM from a “sell” rating to a “hold” rating in a research note on Tuesday, August 22nd. One analyst has rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating to the stock. 1-800 FLOWERS.COM has an average rating of “Buy” and an average target price of $12.14.
A number of institutional investors have recently bought and sold shares of the company. Teachers Advisors LLC boosted its position in 1-800 FLOWERS.COM by 4.1% in the fourth quarter. Teachers Advisors LLC now owns 90,239 shares of the specialty retailer’s stock worth $966,000 after buying an additional 3,527 shares in the last quarter. State of New Jersey Common Pension Fund D bought a new position in 1-800 FLOWERS.COM during the first quarter worth $1,097,000. Russell Investments Group Ltd. boosted its position in 1-800 FLOWERS.COM by 31.7% in the first quarter. Russell Investments Group Ltd. now owns 18,906 shares of the specialty retailer’s stock worth $192,000 after buying an additional 4,546 shares in the last quarter. Wells Fargo & Company MN boosted its position in 1-800 FLOWERS.COM by 1.9% in the first quarter. Wells Fargo & Company MN now owns 21,063 shares of the specialty retailer’s stock worth $215,000 after buying an additional 400 shares in the last quarter. Finally, Teton Advisors Inc. boosted its position in 1-800 FLOWERS.COM by 11.5% in the first quarter. Teton Advisors Inc. now owns 518,846 shares of the specialty retailer’s stock worth $5,292,000 after buying an additional 53,346 shares in the last quarter. Institutional investors own 34.06% of the company’s stock.
1-800 FLOWERS.COM (FLWS) traded up 1.67% on Friday, reaching $9.15. 185,888 shares of the company’s stock traded hands. The stock has a market cap of $597.07 million, a price-to-earnings ratio of 14.08 and a beta of 1.60. 1-800 FLOWERS.COM has a 12-month low of $7.80 and a 12-month high of $11.40. The stock has a 50 day moving average price of $9.21 and a 200 day moving average price of $9.86.
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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