Bloomin’ Brands Inc. (NASDAQ:BLMN) went down by -1.71% from its latest closing price compared to the recent 1-year high of $32.81. The company’s stock price has collected -2.34% of loss in the last five trading sessions. Press Release reported on 01/06/22 that Michael Healy Appointed President of Bonefish Grill
Is It Worth Investing in Bloomin’ Brands Inc. (NASDAQ :BLMN) Right Now?
Bloomin’ Brands Inc. (NASDAQ:BLMN) scored a price-to-earnings ratio above its average ratio, recording 17.09 x from its present earnings ratio. Plus, the 36-month beta value for BLMN is at 2.07. Opinions of the stock are interesting as 10 analysts out of 12 who provided ratings for Bloomin’ Brands Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $29.09, which is $7.83 above the current price. BLMN currently public float of 88.03M and currently shorts hold a 18.31% ratio of that float. Today, the average trading volume of BLMN was 2.68M shares.
BLMN’s Market Performance
BLMN stocks went down by -2.34% for the week, with a monthly jump of 6.51% and a quarterly performance of -10.82%, while its annual performance rate touched 1.43%. The volatility ratio for the week stands at 3.94% while the volatility levels for the past 30 days are set at 3.90% for Bloomin’ Brands Inc.. The simple moving average for the period of the last 20 days is 3.16% for BLMN stocks with a simple moving average of -15.02% for the last 200 days.
Analysts’ Opinion of BLMN
Many brokerage firms have already submitted their reports for BLMN stocks, with Goldman repeating the rating for BLMN by listing it as a “Neutral.” The predicted price for BLMN in the upcoming period, according to Goldman is $24 based on the research report published on November 03rd of the previous year 2021.
Credit Suisse, on the other hand, stated in their research note that they expect to see BLMN reach a price target of $30, previously predicting the price at $33. The rating they have provided for BLMN stocks is “Outperform” according to the report published on November 03rd, 2021.
Barclays gave a rating of “Overweight” to BLMN, setting the target price at $30 in the report published on November 03rd of the previous year.
BLMN Trading at 5.26% from the 50-Day Moving Average
After a stumble in the market that brought BLMN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -35.20% of loss for the given period.
Volatility was left at 3.90%, however, over the last 30 days, the volatility rate increased by 3.94%, as shares surge +9.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.67% lower at present.
During the last 5 trading sessions, BLMN fell by -2.34%, which changed the moving average for the period of 200-days by -23.64% in comparison to the 20-day moving average, which settled at $20.70. In addition, Bloomin’ Brands Inc. saw 1.33% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at BLMN starting from Scarlett Gregg, who purchase 10,000 shares at the price of $19.22 back on Nov 22. After this action, Scarlett Gregg now owns 75,189 shares of Bloomin’ Brands Inc., valued at $192,180 using the latest closing price.
Lefferts Kelly, the EVP, Chief Legal Officer of Bloomin’ Brands Inc., sale 8,843 shares at $29.22 during a trade that took place back on Jun 02, which means that Lefferts Kelly is holding 28,224 shares at $258,392 based on the most recent closing price.
Stock Fundamentals for BLMN
Current profitability levels for the company are sitting at:
- -1.30 for the present operating margin
- +6.36 for the gross margin
The net margin for Bloomin’ Brands Inc. stands at -5.01. The total capital return value is set at -1.61, while invested capital returns managed to touch -6.77. Equity return is now at value 161.30, with 4.30 for asset returns.
Based on Bloomin’ Brands Inc. (BLMN), the company’s capital structure generated 58,653.61 points at debt to equity in total, while total debt to capital is 99.83. Total debt to assets is 63.47, with long-term debt to equity ratio resting at 53,454.55. Finally, the long-term debt to capital ratio is 90.98.
When we switch over and look at the enterprise to sales, we see a ratio of 1.09, with the company’s debt to enterprise value settled at 0.61. The receivables turnover for the company is 25.92 and the total asset turnover is 0.85. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.32.