The analysts wrote, “We recently hosted 1-800-flowers.com management in Boston. While shares have appreciated following several consecutive quarters of strong revenue growth and organic margin expansion, we believe continued execution could drive ongoing double-digit cash flow and EPS growth. Furthermore, valuation does not appear overly extended, with shares trading at just 5x CY13E EV/EBITDA, and we see incremental growth opportunities through adjacent vertical expansion and acquisitions which could provide upside to our forecast.”
Separately, analysts at TheStreet upgraded shares of 1-800-FLOWERS.COM to a “buy” rating in a research note to investors on Friday, December 28th.
Three analysts have rated the stock with a buy rating, and two have assigned a hold rating to the company. The stock presently has an average rating of “overweight” and an average price target of $5.17.
1-800-FLOWERS.COM traded up 0.22% on Wednesday, hitting $4.65. 1-800-FLOWERS.COM has a 52-week low of $2.70 and a 52-week high of $4.74. The stock’s 50-day moving average is currently $4.02. The company has a market cap of $301.0 million and a price-to-earnings ratio of 22.97.
1-800-FLOWERS.COM last released its earnings data on Thursday, January 31st. The company reported $0.24 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.24. The company had revenue of $253.00 million for the quarter, compared to the consensus estimate of $254.31 million. During the same quarter last year, the company posted $0.25 earnings per share. 1-800-FLOWERS.COM’s revenue was up 5.5% compared to the same quarter last year. Analysts expect that 1-800-FLOWERS.COM will post $0.22 EPS for the current fiscal year.
1-800-FLOWERS.COM, Inc. (1-800-FLOWERS.COM) is florist and gift shop. The Company offers a range of products, including fresh-cut flowers, floral arrangements and plants, gifts, popcorn, gourmet foods and gift baskets, cookies, chocolates, candy and wine.
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