The Vanguard Group, Inc. has recently announced that it has increased stake in 1-800-FLOWERS.COM Inc. (NASDAQ:FLWS) by 0.26%. After grabbing 1.71 million shares, the institutional investor is now in possession of 4489.0 shares of the Consumer Cyclical Company. The new investment brought the stake of investor firm to 4.78% having worth around $48.3 million. Moreover, Westwood Management Corp. (Texas) increased its share by 0.28 million to have a control over 1.5 million shares. And Shannon River Fund Management LLC raised its holdings to 0.18 million shares by acquiring 1.1 million shares or 3.08% of the stake.
1-800-FLOWERS.COM Inc. (FLWS) concluded trading on 08/27/20 at a closing price of $30.98, with 1.6 million shares of worth about $49.59 million changed hands on the day. Weekly performance of the stock remained positive as price took a surge of 3.58% during that period and on Thursday the price saw a gain of about 4.49%. Currently the company’s common shares owned by public are about 64.35M shares, out of which, 24.96M shares are available for trading.
A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 7 analysts are covering the FLWS stock and their offered price forecasts bring an average price target of $30.71. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $38.00 and could fall to a lowest price of $21.00. Analysts also issued an outlook of 2.00 for the 1-800-FLOWERS.COM Inc. stock for next 12 months. The stock’s current price level is -4.77% below of average price target set by the analysts, while a dip to estimated low would result in loss of -47.52 for the stock. However, touching the estimated high of $38.00 would mean a gain of 18.47% for the stock.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 36 times over the past 12 months. They bought 253,528 shares in 20 of the transactions. In 16 selling transactions, insiders dumped 122,312 shares.
Amplify Online Retail ETF, Vanguard Total Stock Market Index, and 1290 VT GAMCO Small Company Value are the top 3 mutual funds which are holding stakes in 1-800-FLOWERS.COM Inc. Amplify Online Retail ETF is currently holding 0.74 million shares of worth totaling $20.92 million. The company recently came buying 26859.0 shares which brought its stake up to 2.07% of the company’s outstanding shares. Vanguard Total Stock Market Index sold 36700.0 shares, after which its hold over company’s outstanding shares shrunk to 1.79%, leaving 0.64 million shares with the mutual fund that have a worth of about $18.03 million. 1290 VT GAMCO Small Company Value, after selling 0.58 million shares, have now control over 1.64% of the stake in the company. It holds 15000.0 shares of worth $16.53 million.
1-800-FLOWERS.COM Inc. (NASDAQ: FLWS) started trading at $31.56, above $1.91 from concluding price of the previous day. However, the stock finished the trading on the day at a closing price of $30.98, or with a gain of 4.49%. Stock saw a price change of 3.58% in past 5 days and over the past one month there was a price change of 17.04%. Year-to-date (YTD), FLWS shares are showing a performance of 113.66% which increased to 103.15% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $11.15 but also hit the highest price of $31.09 during that period. While comparing its average daily trading volume of 724.10K shares, we see that about 1.6 million changed hands on the day. The stock is currently trading 5.05% above its 20-day simple moving average (SMA20), while that difference is up 20.17% for SMA50 and it goes to 65.71% higher than SMA200.
The Vanguard Group, Inc. acquired 1.71 million shares of 1-800-FLOWERS.COM Inc. having value of about $48.3 million. Data submitted at the U.S SEC by The Vanguard Group, Inc. revealed that the firm now holds 4489.0 shares in the company valued at close to $139069.22, or have control over 0.26% stake in the company. 1-800-FLOWERS.COM Inc. (NASDAQ: FLWS) currently have 64.35M outstanding shares and institutions hold larger chunk of about 79.80% of that. Holding of mutual funds in the company is about 42.63% while other institutional holders and individual stake holders have control over 43.11% and 35.65% of the stake respectively.
The stock has a current market capitalization of $1.97B and its 3Y-monthly beta is at 1.54. PE ratio of stock for trailing 12 months is 51.55, while it has posted earnings per share of $0.60 in the same period. Its PEG reads 2.58 and has Quick Ratio of 1.70 while making debt-to-equity ratio of 0.24. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FLWS, volatility over the week remained 4.26% while standing at 3.94% over the month.
Analysts are in expectations that 1-800-FLOWERS.COM Inc. (FLWS) stock would likely to be making an EPS of $0.19 in the current quarter, while forecast for next quarter ESPS is -$0.22 and it is $0.85 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.17 which is $0.21 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$0.13 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 22.50% while it is estimated to decrease by -3.80% in next year. EPS is likely to grow at an annualized rate of 20.00% for next 5-years, compared to annual growth of 18.90% made by the stock over the past 5-years.
Analysts at 7 brokerage firms have issued recommendations for the 1-800-FLOWERS.COM Inc. (FLWS)’s stock and average of those rates the stock at a “Moderate Buy” and assign it a score of 2.00. Out of those 7 Wall Street analysts, 6 recommended a “Buy” rating, while 0 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by DA Davidson on June 02, 2020 offering an Underperform rating for the stock and assigned a target price of $17 to it. Coverage by The Benchmark Company stated 1-800-FLOWERS.COM Inc. (FLWS) stock as a Buy in their note to investors on May 01, 2020, suggesting a price target of $23 for the stock. On April 13, 2020, DA Davidson Downgrade their recommendations, while on January 24, 2020, Northcoast Upgrade their ratings for the stock with a price target of $24. Stock get a Buy rating from Sidoti on May 24, 2019.