Benchmark Co. Believes 1-800 Flowers.com (FLWS) Still Has Room to Grow


Benchmark Co. analyst Daniel Kurnos maintained a Buy rating on 1-800 Flowers.com (NASDAQ: FLWS) today and set a price target of $16. The company’s shares closed yesterday at $14.30, close to its 52-week high of $15.

Kurnos noted:

“We have only assumed 4% Consumer Floral growth in our model despite a modest tailwind from a yet better Valentine’s Day placement and likely further share gains from FTD. However, our margin assumptions are also more in lines with historical norms, calling for 60bps of improvement y/y.”

According to TipRanks.com, Kurnos is a 5-star analyst with an average return of 13.0% and a 57.2% success rate. Kurnos covers the Services sector, focusing on stocks such as Booking Holdings Inc, Sinclair Broadcast, and Zillow Group Inc.

1-800 Flowers.com has an analyst consensus of Hold.

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1-800 Flowers.com’s market cap is currently $922.5M and has a P/E ratio of 16.82. The company has a Price to Book ratio of 2.86.

Based on the recent corporate insider activity of 65 insiders, corporate insider sentiment is negative on the stock. Last month, Christopher Mccann, the CEO & President of FLWS sold 15,000 shares for a total of $189,750.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

1-800-FLOWERS.COM, Inc. operates as a florist and gift shop. The company operates in three segments: Consumer Floral, Gourmet Food and Gift Baskets and BloomNet Wire Service. The Consumer Floral segment includes the operations of the company’s flagship brand 1-800-Flowers.com, Celebrations and FineStationery.com.

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