Bloomin Brands Inc [BLMN] stock is trading at $12.32, up 1.90%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The BLMN shares have gain 5.03% over the last week, with a monthly amount glided 3.36%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Bloomin Brands Inc [NASDAQ: BLMN] stock has seen the most recent analyst activity on January 07, 2025, when Barclays downgraded its rating to a Equal Weight and also revised its price target to $13 from $19. Previously, Goldman started tracking the stock with Sell rating on December 05, 2024, and set its price target to $13. On November 11, 2024, downgrade downgraded it’s rating to Mkt Perform. JP Morgan downgraded its rating to a Neutral but stick to its price target of $26 on January 23, 2024. Raymond James downgraded its rating to a Outperform and reduced its price target to $28 on November 06, 2023. Deutsche Bank started tracking with a Hold rating for this stock on October 19, 2023, and assigned it a price target of $25. In a note dated August 02, 2023, William Blair downgraded an Mkt Perform rating on this stock.
Bloomin Brands Inc [BLMN] stock has fluctuated between $11.03 and $30.12 over the past year. Currently, Wall Street analysts expect the stock to reach $18.6 within the next 12 months. Bloomin Brands Inc [NASDAQ: BLMN] shares were valued at $12.32 at the most recent close of the market. An investor can expect a potential return of 50.97% based on the average BLMN price forecast.
Analyzing the BLMN fundamentals
Bloomin Brands Inc [NASDAQ:BLMN] reported sales of 4.55B for the trailing twelve months, which represents 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 9.93.
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 12.00 points at the first support level, and at 11.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.56, and for the 2nd resistance point, it is at 12.79.
Ratios To Look Out For
For context, Bloomin Brands Inc’s Current Ratio is 0.29. Further, the Quick Ratio stands at 0.21, while the Cash Ratio is 0.1. Considering the valuation of this stock, the price to sales ratio is 0.23, the price to book ratio is 4.32.
Transactions by insiders
Recent insider trading involved Kunkel Julie T., Director, that happened on Aug 12 ’24 when 1000.0 shares were purchased.
