1-800 Flowers.com Inc (NASDAQ:FLWS) price on Thursday, February 27, fall -4.81% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $6.92.
A look at the stock’s price movement, the close in the last trading session was $7.27. Turning to its 52-week performance, $11.42 and $6.56 were the 52-week high and 52-week low respectively. Overall, FLWS moved -20.18% over the past month.
1-800 Flowers.com Inc’s market cap currently stands at around $440.12 million, with investors looking forward to this quarter’s earnings report slated for in March.
Analysts have a consensus estimate of 367.98M for the company’s revenue for the quarter, with a low and high estimate of 360.84M and 386.1M respectively. The average forecast suggests down to a -3.01% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.75B, representing a -4.24% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that FLWS is a Hold. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
6 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 5 recommend FLWS as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
FLWS’s current price about -13.99% and -13.10% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 33.02, while 7-day volatility ratio is 6.84% and 7.17% in the 30-day chart. Further, 1-800 Flowers.com Inc (FLWS) has a beta value of 1.80, and an average true range (ATR) of 0.51. Analysts have given the company’s stock an average 52-week price target of $7, forecast between a low of $7 and high of $7. Looking at the price targets, the low is -1.16% off current price level while to achieve the yearly target high, price needs to move -1.16%. Nonetheless, investors will most likely welcome a -1.16% jump to $7 which is the analysts’ median price.
If we refocus on 1-800 Flowers.com Inc (NASDAQ:FLWS), historical trading data shows that trading volumes averaged 562.22K over the past 3 months. The company’s latest data on shares outstanding shows there are 36.69 million shares.
The 62.22% of 1-800 Flowers.com Inc’s shares are in the hands of company insiders while institutional holders own 51.37% of the company’s shares. Current price change has pushed the stock -15.30% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the FLWS stock continues to rise going into the next quarter.
