While Bloomin Brands Inc has overperformed by 0.24%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, BLMN fell by -47.65%, with highs and lows ranging from $30.12 to $12.38, whereas the simple moving average fell by -39.86% in the last 200 days.
On November 11, 2024, Raymond James Downgraded Bloomin Brands Inc (NASDAQ: BLMN) to Mkt Perform. A report published by JP Morgan on January 23, 2024, Downgraded its rating to ‘Neutral’ for BLMN. Raymond James also Downgraded BLMN shares as ‘Outperform’, setting a target price of $28 on the company’s shares in a report dated November 06, 2023. Deutsche Bank Initiated an Hold rating on October 19, 2023, and assigned a price target of $25. William Blair August 02, 2023d its ‘Outperform’ rating to ‘Mkt Perform’ for BLMN, as published in its report on August 02, 2023. Piper Sandler’s report from July 18, 2023 suggests a price prediction of $28 for BLMN shares, giving the stock a ‘Neutral’ rating. BofA Securities also rated the stock as ‘Neutral’.
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
Analysis of Bloomin Brands Inc (BLMN)
The current dividend for BLMN investors is set at $0.96 per share, indicating investors will get a return regardless of how the company performs over the next quarter. Further, the quarter-over-quarter decrease in sales is -3.80%, showing a negative trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Bloomin Brands Inc’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of -1.66% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.21, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and BLMN is recording an average volume of 1.56M. On a monthly basis, the volatility of the stock is set at 4.74%, whereas on a weekly basis, it is put at 4.07%, with a loss of -7.08% over the past seven days. Furthermore, long-term investors anticipate a median target price of $16.91, showing growth from the present price of $12.59, which can serve as yet another indication of whether BLMN is worth investing in or should be passed over.
How Do You Analyze Bloomin Brands Inc Shares?
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 2.06%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 109.99% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
BLMN shares are owned by institutional investors to the tune of 109.99% at present.
