What is the stock price trajectory of Bloomin Brands Inc (BLMN)?

Bloomin Brands Inc [BLMN] stock prices are up 3.54% to $13.17 at the moment. 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 gain 1.31% over the last week, with a monthly amount drifted -13.07%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Bloomin Brands Inc [NASDAQ: BLMN] stock has seen the most recent analyst activity on December 05, 2024, when Goldman initiated its Sell rating and assigned the stock a price target of $13. Previously, Raymond James downgraded its rating to Mkt Perform on November 11, 2024. On January 23, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $26 on the stock. Raymond James downgraded its rating to a Outperform and decreased its price target to $28 on November 06, 2023. Deutsche Bank initiated its recommendation with a Hold and recommended $25 as its price target on October 19, 2023. William Blair downgraded its rating to Mkt Perform for this stock on August 02, 2023. In a note dated July 18, 2023, Piper Sandler initiated an Neutral rating and provided a target price of $28 on this stock.

The stock price of Bloomin Brands Inc [BLMN] has been fluctuating between $12.26 and $30.12 over the past year. Currently, Wall Street analysts expect the stock to reach $20 within the next 12 months. Bloomin Brands Inc [NASDAQ: BLMN] shares were valued at $13.17 at the most recent close of the market. An investor can expect a potential return of 51.86% based on the average BLMN price forecast.

Analyzing the BLMN fundamentals

The Bloomin Brands Inc [NASDAQ:BLMN] reported sales of 4.55B for trailing twelve months, representing a drop of -3.80%. Gross Profit Margin for this corporation currently stands at 0.14% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.0%, and Net Profit Margin reading is -0.0%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.02 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 4.51.

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 12.65 points at the first support level, and at 12.12 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.47, and for the 2nd resistance point, it is at 13.76.

Ratios To Look Out For

It’s worth pointing out that Bloomin Brands Inc [NASDAQ:BLMN]’s Current Ratio is 0.29. In addition, the Quick Ratio stands at 0.21 and the Cash Ratio stands at 0.1. Considering the valuation of this stock, the price to sales ratio is 0.25, the price to book ratio is 4.61.

Transactions by insiders

Recent insider trading involved Kunkel Julie T., Director, that happened on Aug 12 ’24 when 1000.0 shares were purchased.

Related Posts