1-800-FLOWERS.COM Inc (NASDAQ: FLWS) has reported a loss for its third fiscal quarter (ending March 31) of $-0.26 versus a loss $-1.10 for the same period a year ago. This performance was $-0.06 short of the consensus estimate of $-0.20. For the latest four quarters through March 31, E.P.S. were $-0.12 versus $-0.68 for the same period a year ago.
Recent Price Action
On 5/2/24, 1-800-FLOWERS.COM Inc (NASDAQ: FLWS) stock rose modestly by 0.7%, closing at $9.12. Moreover, trading volume in this advance was exceptionally high at 232% of normal. The stock has declined -1.5% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
FLWS is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
1-800-FLOWERS.COM has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. 1-800-FLOWERS.COM has a slightly negative Appreciation Score of 40 but a good Power Rating of 76, leading to the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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