1-800-FLOWERS.COM Inc. (FLWS) shares are trading at lower $21.37 and the avg recommendation for the stock is Strong Buy, while the current analyst price target stands at $36.43.
To add more color to this target, the company’s high over the last year is $32.78 and the low is $11.15. Over the last 52 weeks, FLWS is up 59.60% while the S&P 500 is up 8.50%. The catalyst for this interesting swing was the company’s recent earnings report.
A Notable Earnings Report
In the last quarter, FLWS reported a profit of $169.43 million. 1-800-FLOWERS.COM Inc. also saw revenues increase to $417.96 million. In addition, FLWS has free cash flow of $104.71 million as of 06-2020. The company’s EBITDA came in at $21.74 million which compares well with its peers.
FLWS booked profit margins of 4.00%, its Return on Equity (ROE) is 15.50%, and its Return on Assets is 7.80%. All told, it is clear that, FLWS needs to be on your watchlist.
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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. FLWS has a short ratio of 9.63 and outstanding shares of 64.30M.
FLWS has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 1.1 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at 0.88. 1-800-FLOWERS.COM Inc. FLWS also noted assets of $774.43 million at the end of the last quarter. Investors should also keep an eye on sector updates as FLWS has historically followed its peers on positive news.
All told, 1-800-FLOWERS.COM Inc. FLWS has strung together solid data and demonstrated underlying fundamentals. At its current valuation, FLWS represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.
1-800-FLOWERS.COM Inc. FLWS is now commanding a market cap of 1.36B and a float of 25.20M. FLWS is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of FLWS stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!
Disclosure: we hold no position in FLWS, either long or short, and we have not been compensated for this article.