Brokerages Anticipate 1-800-Flowers.Com Inc (NASDAQ:FLWS) to Post -$0.14 EPS

Brokerages predict that 1-800-Flowers.Com Inc (NASDAQ:FLWS) will report earnings of ($0.14) per share for the current quarter, according to Zacks Investment Research. Zero analysts have made estimates for 1-800-Flowers.Com’s earnings. The highest EPS estimate is ($0.13) and the lowest is ($0.15). 1-800-Flowers.Com reported earnings of ($0.13) per share during the same quarter last year, which would indicate a negative year-over-year growth rate of 7.7%. The business is scheduled to issue its next earnings report on Tuesday, May 5th.

According to Zacks, analysts expect that 1-800-Flowers.Com will report full-year earnings of $0.60 per share for the current fiscal year, with EPS estimates ranging from $0.58 to $0.61. For the next year, analysts expect that the firm will post earnings of $0.71 per share. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that follow 1-800-Flowers.Com.

1-800-Flowers.Com (NASDAQ:FLWS) last issued its earnings results on Thursday, January 30th. The specialty retailer reported $1.12 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.08 by $0.04. 1-800-Flowers.Com had a net margin of 3.25% and a return on equity of 11.91%. The firm had revenue of $605.60 million during the quarter, compared to analysts’ expectations of $611.01 million. During the same quarter last year, the company posted $1.04 earnings per share. The firm’s revenue was up 6.0% compared to the same quarter last year.

FLWS has been the subject of a number of recent analyst reports. Noble Financial reaffirmed a “buy” rating and issued a $25.00 price objective on shares of 1-800-Flowers.Com in a report on Friday, March 20th. BidaskClub cut shares of 1-800-Flowers.Com from a “strong-buy” rating to a “buy” rating in a report on Tuesday, March 17th. ValuEngine raised shares of 1-800-Flowers.Com from a “hold” rating to a “buy” rating in a report on Saturday, February 1st. Northcoast Research raised shares of 1-800-Flowers.Com from a “neutral” rating to a “buy” rating and set a $24.00 price objective for the company in a report on Friday, January 24th. Finally, TheStreet raised shares of 1-800-Flowers.Com from a “c+” rating to a “b-” rating in a report on Thursday, January 30th. Eight research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $22.86.

Several hedge funds and other institutional investors have recently made changes to their positions in FLWS. Great West Life Assurance Co. Can acquired a new stake in shares of 1-800-Flowers.Com in the fourth quarter valued at about $47,000. Virginia Retirement Systems ET AL acquired a new stake in shares of 1-800-Flowers.Com in the fourth quarter valued at about $197,000. Joseph P. Lucia & Associates LLC grew its position in shares of 1-800-Flowers.Com by 39.1% in the fourth quarter. Joseph P. Lucia & Associates LLC now owns 17,800 shares of the specialty retailer’s stock valued at $258,000 after purchasing an additional 5,000 shares during the period. Credit Suisse AG grew its position in shares of 1-800-Flowers.Com by 3.2% in the fourth quarter. Credit Suisse AG now owns 23,564 shares of the specialty retailer’s stock valued at $342,000 after purchasing an additional 731 shares during the period. Finally, AXA acquired a new stake in shares of 1-800-Flowers.Com in the fourth quarter valued at about $386,000. Institutional investors and hedge funds own 38.79% of the company’s stock.

FLWS traded up $0.76 on Friday, reaching $13.54. The stock had a trading volume of 432,900 shares, compared to its average volume of 691,471. 1-800-Flowers.Com has a 12-month low of $11.15 and a 12-month high of $21.77. The company has a current ratio of 1.90, a quick ratio of 1.60 and a debt-to-equity ratio of 0.39. The business’s 50-day moving average price is $16.13 and its two-hundred day moving average price is $14.56. The company has a market cap of $858.91 million, a P/E ratio of 21.84 and a beta of 0.79.

About 1-800-Flowers.Com

1-800-FLOWERS.COM, Inc, together with its subsidiaries, provides gourmet food and floral gifts for various occasions in the United States. It operates in three segments: Consumer Floral; Gourmet Foods & Gift Baskets; and BloomNet Wire Service. The company offers a range of products, including fresh-cut flowers, floral and fruit arrangements and plants, gifts, popcorn, gourmet foods and gift baskets, cookies, chocolates, candies, wine, and gift-quality fruits, as well as balloons, candles, keepsake gifts, jewelry, and plush stuffed animals.

Further Reading: Current Ratio

Get a free copy of the Zacks research report on 1-800-Flowers.Com (FLWS)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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.