In the latest trading session, 1-800-Flowers.com (FLWS) closed at $18.19, marking a +1.34% move from the previous day. This change outpaced the S&P 500's 0.46% loss on the day. At the same time, the Dow lost 0.13%, and the tech-heavy Nasdaq lost 0.63%.
Heading into today, shares of the flower and gift retailer had gained 0.67% over the past month, lagging the Retail-Wholesale sector's gain of 1.99% and the S&P 500's gain of 1.08% in that time.
FLWS will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of -$0.18, down 38.46% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $242.32 million, up 1.58% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $0.46 per share and revenue of $1.24 billion. These totals would mark changes of -24.59% and +7.29%, respectively, from last year.
Any recent changes to analyst estimates for FLWS should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. FLWS currently has a Zacks Rank of #2 (Buy).
Valuation is also important, so investors should note that FLWS has a Forward P/E ratio of 39.31 right now. For comparison, its industry has an average Forward P/E of 16.02, which means FLWS is trading at a premium to the group.
Meanwhile, FLWS's PEG ratio is currently 3.93. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Retail - Mail Order industry currently had an average PEG ratio of 2.77 as of yesterday's close.
The Retail - Mail Order industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 8, putting it in the top 4% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow FLWS in the coming trading sessions, be sure to utilize Zacks.com.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
1-800 FLOWERS.COM, Inc. (FLWS) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research