Bloomin Brands Inc [BLMN] stock is trading at $17.31, up 0.41%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The BLMN shares have lost -0.69% over the last week, with a monthly amount drifted -5.36%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Bloomin Brands Inc [NASDAQ: BLMN] stock has seen the most recent analyst activity on January 23, 2024, when JP Morgan downgraded its rating to a Neutral but kept the price target unchanged to $26 for it. Previously, Raymond James downgraded its rating to Outperform on November 06, 2023, and dropped its price target to $28. On October 19, 2023, Deutsche Bank initiated with a Hold rating and assigned a price target of $25 on the stock. William Blair downgraded its rating to a Mkt Perform. Piper Sandler initiated its recommendation with a Neutral and recommended $28 as its price target on July 18, 2023. BofA Securities started tracking with a Neutral rating for this stock on January 25, 2023, and assigned it a price target of $27. In a note dated January 25, 2023, BMO Capital Markets downgraded an Market Perform rating on this stock and revised its target price from $29 to $26.
Bloomin Brands Inc [BLMN] stock has fluctuated between $15.20 and $30.12 over the past year. Currently, Wall Street analysts expect the stock to reach $25.5 within the next 12 months. Bloomin Brands Inc [NASDAQ: BLMN] shares were valued at $17.31 at the most recent close of the market. An investor can expect a potential return of 47.31% based on the average BLMN price forecast.
Analyzing the BLMN fundamentals
Bloomin Brands Inc [NASDAQ:BLMN] reported sales of 4.59B for the trailing twelve months, which represents a drop of -2.93%. Gross Profit Margin for this corporation currently stands at 0.14% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.09 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of4.09.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 17.00 points at the first support level, and at 16.68 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.63, and for the 2nd resistance point, it is at 17.94.
Ratios To Look Out For
For context, Bloomin Brands Inc’s Current Ratio is 0.33. In addition, the Quick Ratio stands at 0.25 and the Cash Ratio stands at 0.14. Considering the valuation of this stock, the price to sales ratio is 0.32, the price to book ratio is 5.18 and price to earnings (TTM) ratio is 67.04.
Transactions by insiders
Recent insider trading involved Kunkel Julie T., Director, that happened on Aug 12 ’24 when 1000.0 shares were purchased.
