1-800-Flowers.Com Inc (FLWS) was Reiterated by Wunderlich to “Buy” according to the research note released today. The brokerage firm has raised the Price Target to $ 12 from a previous price target of $9 . Wunderlich advised their investors in a research report released on Aug 23, 2016.
On the company’s financial health, 1-800-Flowers.Com Inc reported $-0.14 EPS for the quarter, based on the information available during the earnings call on Apr 26, 2016. Analyst had a consensus estimate of $-0.14. The company had revenue of $234.20 million for the quarter, compared to analysts expectations of $234.44 million. The company’s revenue was up .9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.13 EPS.
1-800-Flowers.Com Inc opened for trading at $9.4 and hit $9.49 on the upside on Friday, eventually ending the session at $9.48, with a gain of 0.64% or 0.06 points. The heightened volatility saw the trading volume jump to 1,57,287 shares. Company has a market cap of $620 M.
In a different news, on May 9, 2016, Arnold P Leap (Chief Information Officer) sold 4,000 shares at $7.74 per share price. According to the SEC, on Dec 2, 2015, Leonard J Elmore (director) sold 10,000 shares at $7.88 per share price. On Nov 30, 2015, William E Shea (CFO) purchased 5,000 shares at $7.90 per share price, according to the Form-4 filing with the securities and exchange commission.
1-800-FLOWERS.COM Inc. is a florist and gift shop. The Company delivers fresh flowers and a selection of plants gift baskets gourmet foods confections candles balloons and plush stuffed animals. The Company operates through three segments: Consumer Floral Gourmet Food and Gift Baskets and BloomNet Wire Service. The Consumer Floral segment includes the operations of the Company’s brands such as 1-800-Flowers.com fruit bouquets iFlorist and Flowerama. The Gourmet Food and Gift Baskets segment includes the operations of Harry & David Fannie May Confections Brands Cheryl’s (which includes Mrs. Beasley’s) The Popcorn Factory Stockyards.com DesignPac and 1-800-Baskets.com. The BloomNet Wire Service segment includes the operations of BloomNet and Napco. The Company offers a range of popular plants to brighten the home and/or office and accent gardens and landscapes. The Company also licenses the Stockyards name through which it sells premium meats.