1-800-FLOWERS.COM (FLWS) Set to Announce Earnings on Thursday

Posted by Defense World Staff on May 4th, 2023

1-800-FLOWERS.COM (NASDAQ:FLWS – Get Rating) is set to post its quarterly earnings results before the market opens on Thursday, May 11th. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

1-800-FLOWERS.COM (NASDAQ:FLWS – Get Rating) last announced its earnings results on Thursday, February 2nd. The specialty retailer reported $1.28 earnings per share (EPS) for the quarter. 1-800-FLOWERS.COM had a net margin of 0.15% and a return on equity of 1.20%. The company had revenue of $897.88 million for the quarter.

1-800-FLOWERS.COM Price Performance

Shares of NASDAQ:FLWS opened at $8.13 on Thursday. The company’s fifty day moving average is $10.40 and its two-hundred day moving average is $9.53. The company has a quick ratio of 0.78, a current ratio of 1.36 and a debt-to-equity ratio of 0.24. 1-800-FLOWERS.COM has a 12-month low of $5.82 and a 12-month high of $13.29. The company has a market cap of $526.58 million, a P/E ratio of 162.63 and a beta of 1.67.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Benchmark boosted their target price on shares of 1-800-FLOWERS.COM from $13.00 to $15.00 and gave the company a “buy” rating in a research note on Friday, February 3rd. StockNews.com began coverage on shares of 1-800-FLOWERS.COM in a research note on Thursday, March 16th. They issued a “hold” rating on the stock. DA Davidson upped their price target on shares of 1-800-FLOWERS.COM from $9.00 to $12.00 and gave the stock a “neutral” rating in a research note on Friday, February 3rd. Finally, Craig Hallum raised shares of 1-800-FLOWERS.COM from a “hold” rating to a “buy” rating and upped their price target for the stock from $13.00 to $15.00 in a research note on Thursday, March 30th.

Institutional Investors Weigh In On 1-800-FLOWERS.COM

Large investors have recently bought and sold shares of the business. Eagle Bay Advisors LLC boosted its holdings in 1-800-FLOWERS.COM by 222.0% in the second quarter. Eagle Bay Advisors LLC now owns 2,866 shares of the specialty retailer’s stock worth $27,000 after purchasing an additional 1,976 shares in the last quarter. UBS Group AG boosted its holdings in 1-800-FLOWERS.COM by 3,450.7% in the second quarter. UBS Group AG now owns 5,326 shares of the specialty retailer’s stock worth $50,000 after purchasing an additional 5,176 shares in the last quarter. Point72 Hong Kong Ltd boosted its holdings in 1-800-FLOWERS.COM by 27.4% in the second quarter. Point72 Hong Kong Ltd now owns 8,792 shares of the specialty retailer’s stock worth $84,000 after purchasing an additional 1,892 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in 1-800-FLOWERS.COM by 17.8% in the third quarter. Price T Rowe Associates Inc. MD now owns 13,615 shares of the specialty retailer’s stock worth $89,000 after purchasing an additional 2,061 shares in the last quarter. Finally, MetLife Investment Management LLC bought a new stake in 1-800-FLOWERS.COM in the fourth quarter worth $138,000. 37.55% of the stock is currently owned by institutional investors.

1-800-FLOWERS.COM Company Profile

(Get Rating)

1-800-FLOWERS.COM, engages in the provision of gifts designing. It operates through the following business segments: Consumer Floral and Gifts, Gourmet Floral and Gifts, and BloomNet. The Consumer Floral and Gifts segment operates 1-800-Flowers.com, PersonalizationMall, FruitBouquets.com, Flowerama, and Alice’s Table.