Shares of FTD Companies Inc (NASDAQ:FTD) saw an uptick in trading volume on Tuesday . 7,528 shares changed hands during trading, a decline of 96% from the previous session’s volume of 198,835 shares.The stock last traded at $3.07 and had previously closed at $3.00.

Several brokerages recently commented on FTD. ValuEngine upgraded shares of FTD Companies from a “sell” rating to a “hold” rating in a report on Saturday, June 2nd. DA Davidson cut their price target on shares of FTD Companies to $3.50 and set a “neutral” rating on the stock in a report on Friday, July 20th. Finally, Zacks Investment Research downgraded shares of FTD Companies from a “hold” rating to a “sell” rating in a report on Wednesday, August 15th.

The firm has a market cap of $73.48 million, a P/E ratio of 6.82, a PEG ratio of 17.53 and a beta of 0.14.

FTD Companies (NASDAQ:FTD) last issued its quarterly earnings results on Wednesday, August 8th. The company reported ($0.31) EPS for the quarter, missing the consensus estimate of $0.18 by ($0.49). The firm had revenue of $299.92 million for the quarter, compared to the consensus estimate of $299.40 million. FTD Companies had a negative net margin of 33.52% and a negative return on equity of 9.48%. equities research analysts forecast that FTD Companies Inc will post 0.03 earnings per share for the current fiscal year.

Institutional investors have recently added to or reduced their stakes in the business. Spark Investment Management LLC purchased a new stake in FTD Companies in the 2nd quarter valued at about $129,000. Laurion Capital Management LP purchased a new stake in shares of FTD Companies in the 2nd quarter worth approximately $131,000. LMR Partners LLP purchased a new stake in shares of FTD Companies in the 2nd quarter worth approximately $138,000. A.R.T. Advisors LLC lifted its position in shares of FTD Companies by 86.1% in the 1st quarter. A.R.T. Advisors LLC now owns 44,078 shares of the company’s stock worth $160,000 after purchasing an additional 20,390 shares during the period. Finally, Engineers Gate Manager LP purchased a new stake in shares of FTD Companies in the 1st quarter worth approximately $165,000. 55.02% of the stock is owned by institutional investors.

FTD Companies Company Profile (NASDAQ:FTD)

FTD Companies, Inc, together with its subsidiaries, operates as a floral and gifting company primarily in the United States, Canada, the United Kingdom, and the Republic of Ireland. It operates through four segments: Provide Commerce, Consumer, Florist, and International. The company offers floral, specialty foods, gift, and related products and services to consumers, retail florists, and other retail locations and companies.

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