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Benchmark Company Reiterates Buy Rating on Following Management Meeting

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In a report published Wednesday, Benchmark Company reiterated its Buy rating and $5.50 price target on (NASDAQ: FLWS).

Benchmark Company noted, “We recently hosted management in Boston. While shares have appreciated following several consecutive quarters of strong revenue growth and organic margin expansion, we believe continued execution could drive ongoing double-digit cash flow and EPS growth. Furthermore, valuation does not appear overly extended, with shares trading at just 5x CY13E EV/EBITDA, and we see incremental growth opportunities through adjacent vertical expansion and acquisitions which could provide upside to our forecast.” closed on Tuesday at $4.64.

Posted-In: Benchmark CompanyAnalyst Color Reiteration Analyst Ratings


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