Bloomin Brands Inc’s stock (BLMN) continues to rise above its goal

A share price of Bloomin Brands Inc [BLMN] is currently trading at $7.95, up 5.86%. 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 14.88% over the last week, with a monthly amount glided 0.13%, 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 27, 2025, when BofA Securities downgraded its rating to a Underperform but kept the price target unchanged to $13 for it. Previously, Barclays downgraded its rating to Equal Weight on January 07, 2025, and dropped its price target to $13. On December 05, 2024, Goldman initiated with a Sell rating and assigned a price target of $13 on the stock. Raymond James downgraded its rating to a Mkt Perform. JP Morgan downgraded its rating to a Neutral but $26 remained the price target by the analyst firm on January 23, 2024. Raymond James downgraded its rating to Outperform for this stock on November 06, 2023, and downed its price target to $28. In a note dated October 19, 2023, Deutsche Bank initiated an Hold rating and provided a target price of $25 on this stock.

Bloomin Brands Inc experienced fluctuations in its stock price throughout the past year between $6.09 and $27.33. Currently, Wall Street analysts expect the stock to reach $14 within the next 12 months. Bloomin Brands Inc [NASDAQ: BLMN] shares were valued at $7.95 at the most recent close of the market. An investor can expect a potential return of 76.1% based on the average BLMN price forecast.

Analyzing the BLMN fundamentals

Trailing Twelve Months sales for Bloomin Brands Inc [NASDAQ:BLMN] were 4.32B which represents -18.60% decline. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.04, Equity is -0.53 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of16.79.

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 7.64 points at the first support level, and at 7.34 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.11, and for the 2nd resistance point, it is at 8.28.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Bloomin Brands Inc [NASDAQ:BLMN] is 0.32. In addition, the Quick Ratio stands at 0.25 and the Cash Ratio stands at 0.07. Considering the valuation of this stock, the price to sales ratio is 0.16, the price to book ratio is 4.98.

Transactions by insiders

Recent insider trading involved Hafner Patrick M, EVP, Pres Outback Steakhouse, that happened on Mar 04 ’25 when 9555.0 shares were sold. CEO, Spanos Mike completed a deal on Mar 05 ’25 to buy 0.12 million shares. Meanwhile, Director Kunkel Julie T. bought 1500.0 shares on Feb 28 ’25.

Related Posts