In the past week, BLMN stock has gone down by -1.23%, with a monthly decline of -11.14% and a quarterly plunge of -15.26%. The volatility ratio for the week is 4.04%, and the volatility levels for the last 30 days are 4.87% for Bloomin Brands Inc The simple moving average for the last 20 days is -1.00% for BLMN stock, with a simple moving average of -25.73% for the last 200 days.
Is It Worth Investing in Bloomin Brands Inc (NASDAQ: BLMN) Right Now?
The price-to-earnings ratio for Bloomin Brands Inc (NASDAQ: BLMN) is above average at 68.59x. The 36-month beta value for BLMN is also noteworthy at 2.06. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 2 rating it as “overweight,” 8 rating it as “hold,” and 1 rating it as “sell.”
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
The public float for BLMN is 82.96M, and at present, short sellers hold a 10.19% of that float. The average trading volume of BLMN on August 27, 2024 was 1.72M shares.
BLMN) stock’s latest price update
The stock price of Bloomin Brands Inc (NASDAQ: BLMN) has plunged by -2.59 when compared to previous closing price of 18.18, but the company has seen a -1.23% decline in its stock price over the last five trading sessions. youtube.com reported 2024-08-26 that Bloomin’ Brands (BLMN) — the parent company of restaurant chains like Outback Steakhouse and Bonefish Grill — has named Delta Air Lines (DAL) COO Michael Spanos as its new chief executive effective this September. Current CEO David Deno will stay on and serve in a transitional role until the end of this year.
Analysts’ Opinion of BLMN
Many brokerage firms have already submitted their reports for BLMN stocks, with JP Morgan repeating the rating for BLMN by listing it as a “Neutral.” The predicted price for BLMN in the upcoming period, according to JP Morgan is $26 based on the research report published on January 23, 2024 of the current year 2024.
Raymond James, on the other hand, stated in their research note that they expect to see BLMN reach a price target of $28, previously predicting the price at $29. The rating they have provided for BLMN stocks is “Outperform” according to the report published on November 06th, 2023.
Deutsche Bank gave a rating of “Hold” to BLMN, setting the target price at $25 in the report published on October 19th of the previous year.
BLMN Trading at -3.94% 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 -41.21% of loss for the given period.
Volatility was left at 4.87%, however, over the last 30 days, the volatility rate increased by 4.04%, as shares sank -12.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.62% lower at present.
During the last 5 trading sessions, BLMN fell by -1.23%, which changed the moving average for the period of 200-days by -23.37% in comparison to the 20-day moving average, which settled at $17.77. In addition, Bloomin Brands Inc saw -37.09% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BLMN starting from Kunkel Julie T., who purchase 1,000 shares at the price of $15.65 back on Aug 12 ’24. After this action, Kunkel Julie T. now owns 2,000 shares of Bloomin Brands Inc, valued at $15,650 using the latest closing price.
Stock Fundamentals for BLMN
Current profitability levels for the company are sitting at:
- 0.05 for the present operating margin
- 0.14 for the gross margin
The net margin for Bloomin Brands Inc stands at 0.01. The total capital return value is set at 0.1. Equity return is now at value 9.86, with 0.97 for asset returns.
Based on Bloomin Brands Inc (BLMN), the company’s capital structure generated 0.8 points at debt to capital in total, while cash flow to debt ratio is standing at 0.31. The debt to equity ratio resting at 4.09. The interest coverage ratio of the stock is 9.41.
Currently, EBITDA for the company is 549.89 million with net debt to EBITDA at 4.72. When we switch over and look at the enterprise to sales, we see a ratio of 0.81. The receivables turnover for the company is 82.19for trailing twelve months and the total asset turnover is 1.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.33.
Conclusion
In summary, Bloomin Brands Inc (BLMN) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
