The stock of Bloomin Brands Inc (BLMN) has seen a -11.03% decrease in the past week, with a -13.38% drop in the past month, and a -15.61% decrease in the past quarter. The volatility ratio for the week is 7.05%, and the volatility levels for the past 30 days are at 4.62% for BLMN. The simple moving average for the last 20 days is -14.95% for BLMN’s stock, with a simple moving average of -35.79% for the last 200 days.
Is It Worth Investing in Bloomin Brands Inc (NASDAQ: BLMN) Right Now?
The 36-month beta value for BLMN is at 1.98. Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 2 rating it as “overweight,” 8 as “hold,” and 1 as “sell.”
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The public float for BLMN is 82.92M, and currently, shorts hold a 9.72% of that float. The average trading volume for BLMN on November 12, 2024 was 1.47M shares.
BLMN) stock’s latest price update
Bloomin Brands Inc (NASDAQ: BLMN)’s stock price has dropped by -9.21 in relation to previous closing price of 15.15. Nevertheless, the company has seen a loss of -11.03% in its stock price over the last five trading days. https://thefly.com reported 2024-11-11 that Raymond James downgraded Bloomin’ Brands to Market Perform from Outperform without a price target following the Q3 report. The firm sees lower near-term visibility and views the stake sale in Bloomin’s Brazil division as “underwhelming.” The proceeds came in below his expectations and while the stock’s “low valuation should provide some downside support,” Bloomin’s free cash flow is narrowing and its “high dividend payout may need to be revisited.”
Analysts’ Opinion of BLMN
JP Morgan, on the other hand, stated in their research note that they expect to see BLMN reach a price target of $26. The rating they have provided for BLMN stocks is “Neutral” according to the report published on January 23rd, 2024.
Raymond James gave a rating of “Outperform” to BLMN, setting the target price at $28 in the report published on November 06th of the previous year.
BLMN Trading at -15.87% 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 -54.34% of loss for the given period.
Volatility was left at 4.62%, however, over the last 30 days, the volatility rate increased by 7.05%, as shares sank -10.97% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -21.40% lower at present.
During the last 5 trading sessions, BLMN fell by -11.03%, which changed the moving average for the period of 200-days by -47.50% in comparison to the 20-day moving average, which settled at $16.17. In addition, Bloomin Brands Inc saw -51.14% 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:
- 0.04 for the present operating margin
- 0.14 for the gross margin
The net margin for Bloomin Brands Inc stands at -0.0. The total capital return value is set at 0.08. Equity return is now at value -1.66, with -0.16 for asset returns.
Based on Bloomin Brands Inc (BLMN), the company’s capital structure generated 0.91 points at debt to capital in total, while cash flow to debt ratio is standing at 0.15. The debt to equity ratio resting at 9.93. The interest coverage ratio of the stock is 7.57.
Currently, EBITDA for the company is 549.89 million with net debt to EBITDA at 5.8. When we switch over and look at the enterprise to sales, we see a ratio of 0.77. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.29.
Conclusion
In conclusion, Bloomin Brands Inc (BLMN) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
