1-800-Flowers.com (FLWS) Crumbles: Stock Falls by 6%
1-800-Flowers.com Inc. (FLWS) saw a big move last session, as the company’s shares fell by over 6% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This reverses the recent trend for FLWS, as the stock is now up more than 5% since Jan 29.
This slump shouldn’t be too much of a surprise to investors, as the company has seen 2 negative revisions in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.
FLWS currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the services sector include Nautilus Inc. (NLS), KAR Auction Services, Inc. (KAR) and Kingfisher plc (KGFHY). All these stocks carry a Zacks Rank #2 (Buy).
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1 800 FLOWERS.COM INC CL A (FLWS): Free Stock Analysis Report
NAUTILUS INC (NLS): Free Stock Analysis Report
KAR AUCTION SERVICES INC (KAR): Free Stock Analysis Report
KINGFISHER NEW ADR (KGFHY): Free Stock Analysis Report
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