1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) has a beta value of 1.64 and has seen 672,161 shares traded in the last trading session. The company, currently valued at $1.87 Billion, closed the last trade at $29 per share which meant it lost -$0.3 on the day or -1.02% during that session. The FLWS stock price is -13.03% off its 52-week high price of $32.78 and 61.55% above the 52-week low of $11.15. If we look at the company’s 10-day average daily trading volume, we find that it stood at 645.67 Million shares traded. The 3-month trading volume is 707.27 Million shares.
The consensus among analysts is that 1-800-FLOWERS.COM, Inc. (FLWS) is a Buy stock at the moment, with a recommendation rating of 1.9. None of the analysts rate the stock as a Sell, while none rate it as Overweight. 1 out of 7 have rated it as a Hold, with 6 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.13.
1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) trade information
Despite being -1.02% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Friday, Oct 16 when the FLWS stock price touched $29.84- or saw a rise of 2.82%. Year-to-date, 1-800-FLOWERS.COM, Inc. shares have moved 100%, while the 5-day performance has seen it change 6.29%. Over the past 30 days, the shares of 1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) have changed 27.53%. Short interest in the company has seen 7.28 Million shares shorted with days to cover at 0.01.
Wall Street analysts have a consensus price target for the stock at $36.43, which means that the shares’ value could jump 25.62% from current levels. The projected low price target is $33 while the price target rests at a high of $40. In that case, then, we find that the current price level is +37.93% off the targeted high while a plunge would see the stock lose 13.79% from current levels.
1-800-FLOWERS.COM, Inc. (FLWS) estimates and forecasts
Figures show that 1-800-FLOWERS.COM, Inc. shares have outperformed across the wider relevant industry. The company’s shares have gained +94.37% over the past 6 months, with this year growth rate of 10.2%, compared to 6.1% for the industry. Other than that, the company has, however, increased its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are 45.8% and 17% for the next quarter. Revenue growth from the last financial year stood is estimated to be +16%.
7 analysts offering their estimates for the company have set an average revenue estimate of $266.04 Million for the current quarter. 6 have an estimated revenue figure of $739.48 Million for the next quarter concluding in December 01, 2020. Year-ago sales stood $180.85 Million for this quarter, and analysts expect sales will grow by 47.1% for the current quarter.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +24.2% over the past 5 years. Earnings growth for 2020 is a modest +69.8% while over the next 5 years, the company’s earnings are expected to increase by 20%.
1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS)’s Major holders
Insiders own 30.04% of the company shares, while shares held by institutions stand at 73.45% with a share float percentage of 104.99%. Investors are also buoyed by the number of investors in a company, with 1-800-FLOWERS.COM, Inc. having a total of 203 institutions that hold shares in the company. The top two institutional holders are Dimensional Fund Advisors LP with over 2.35 Million shares worth more than $47.1 Million. As of June 29, 2020, Dimensional Fund Advisors LP held 6.53% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 2.2 Million shares as of June 29, 2020. The firm’s total holdings are worth over $43.99 Million and represent 6.1% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Fidelity Small Cap Growth Fund and Amplify Online Retail ETF. As of July 30, 2020, the former fund manager holds about 2.86% shares in the company for having 1031500 shares of worth $29.14 Million while later fund manager owns 840.46 Thousand shares of worth $20.96 Million as of September 29, 2020, which makes it owner of about 2.33% of company’s outstanding stock.