1-800 FLOWERS.COM (NASDAQ:FLWS) was downgraded by equities research analysts at Northcoast Research from a “buy” rating to a “neutral” rating in a report released on Tuesday.

Several other research analysts have also commented on the company. TheStreet upgraded 1-800 FLOWERS.COM from a “c+” rating to a “b-” rating in a research report on Tuesday, December 5th. BidaskClub upgraded 1-800 FLOWERS.COM from a “sell” rating to a “hold” rating in a research report on Wednesday, December 6th. B. Riley reiterated a “buy” rating and issued a $13.00 target price on shares of 1-800 FLOWERS.COM in a research report on Wednesday, November 8th. Noble Financial reiterated a “buy” rating on shares of 1-800 FLOWERS.COM in a research report on Thursday, November 2nd. Finally, Zacks Investment Research upgraded 1-800 FLOWERS.COM from a “sell” rating to a “hold” rating in a research report on Wednesday, November 1st. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $12.33.

Shares of 1-800 FLOWERS.COM (FLWS) opened at $11.35 on Tuesday. The company has a current ratio of 2.15, a quick ratio of 0.70 and a debt-to-equity ratio of 0.37. 1-800 FLOWERS.COM has a twelve month low of $7.80 and a twelve month high of $11.65. The stock has a market capitalization of $733.48, a P/E ratio of 16.69, a price-to-earnings-growth ratio of 1.75 and a beta of 1.58.

1-800 FLOWERS.COM (NASDAQ:FLWS) last posted its quarterly earnings data on Tuesday, October 31st. The specialty retailer reported ($0.20) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.21) by $0.01. The company had revenue of $157.35 million for the quarter, compared to the consensus estimate of $157.63 million. 1-800 FLOWERS.COM had a return on equity of 11.29% and a net margin of 3.93%. 1-800 FLOWERS.COM’s revenue for the quarter was down 5.1% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.24) EPS. equities analysts anticipate that 1-800 FLOWERS.COM will post 0.46 earnings per share for the current fiscal year.

1-800 FLOWERS.COM declared that its Board of Directors has approved a stock repurchase program on Wednesday, September 6th that permits the company to repurchase $15.00 million in shares. This repurchase authorization permits the specialty retailer to buy up to 2.5% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s management believes its shares are undervalued.

Large investors have recently added to or reduced their stakes in the stock. Kennedy Capital Management Inc. boosted its position in 1-800 FLOWERS.COM by 8.9% during the 2nd quarter. Kennedy Capital Management Inc. now owns 556,731 shares of the specialty retailer’s stock valued at $5,428,000 after purchasing an additional 45,628 shares during the period. Foundry Partners LLC boosted its position in 1-800 FLOWERS.COM by 23.2% during the 3rd quarter. Foundry Partners LLC now owns 575,745 shares of the specialty retailer’s stock valued at $5,671,000 after purchasing an additional 108,600 shares during the period. Eagle Boston Investment Management Inc. boosted its position in 1-800 FLOWERS.COM by 0.4% during the 2nd quarter. Eagle Boston Investment Management Inc. now owns 1,405,035 shares of the specialty retailer’s stock valued at $13,699,000 after purchasing an additional 5,985 shares during the period. State Street Corp boosted its position in 1-800 FLOWERS.COM by 2.9% during the 2nd quarter. State Street Corp now owns 492,716 shares of the specialty retailer’s stock valued at $4,806,000 after purchasing an additional 13,939 shares during the period. Finally, Vanguard Group Inc. boosted its position in 1-800 FLOWERS.COM by 5.5% during the 2nd quarter. Vanguard Group Inc. now owns 1,429,199 shares of the specialty retailer’s stock valued at $13,935,000 after purchasing an additional 73,893 shares during the period. Institutional investors and hedge funds own 34.76% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: “1-800 FLOWERS.COM (FLWS) Downgraded by Northcoast Research to Neutral” was first published by TheOlympiaReport and is owned by of TheOlympiaReport. If you are accessing this piece of content on another domain, it was stolen and republished in violation of U.S. and international copyright and trademark law. The correct version of this piece of content can be viewed at https://theolympiareport.com/2017/12/26/1-800-flowers-com-flws-downgraded-by-northcoast-research-to-neutral.html.

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.

Analyst Recommendations for 1-800 FLOWERS.COM (NASDAQ:FLWS)

Receive News & Ratings for 1-800 FLOWERS.COM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 1-800 FLOWERS.COM and related companies with MarketBeat.com's FREE daily email newsletter.