In the latest trading session, 1-800-Flowers.com (FLWS - Free Report) closed at $18.38, marking a +0.44% move from the previous day. The stock outpaced the S&P 500's daily loss of 0.29%. Elsewhere, the Dow lost 0.55%, while the tech-heavy Nasdaq added 0.07%.
Prior to today's trading, shares of the flower and gift retailer had gained 6.4% over the past month. This has outpaced the Retail-Wholesale sector's gain of 2.23% and the S&P 500's gain of 2.14% in that time.
Wall Street will be looking for positivity from FLWS as it approaches its next earnings report date. In that report, analysts expect FLWS to post earnings of -$0.18 per share. This would mark a year-over-year decline of 38.46%. Our most recent consensus estimate is calling for quarterly revenue of $242.32 million, up 1.58% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $0.46 per share and revenue of $1.24 billion, which would represent changes of -24.59% and +7.29%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for FLWS. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. FLWS is currently sporting a Zacks Rank of #2 (Buy).
Investors should also note FLWS's current valuation metrics, including its Forward P/E ratio of 40.07. This valuation marks a premium compared to its industry's average Forward P/E of 16.8.
We can also see that FLWS currently has a PEG ratio of 4.01. 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 2.85 as of yesterday's close.
The Retail - Mail Order industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 101, which puts it in the top 40% 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.