Additionally, the 36-month beta value for BLMN is 1.98. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 11 rating it as “hold,” and 0 rating it as “sell.”
The public float for BLMN is 83.09M and currently, short sellers hold a 10.50% ratio of that float. The average trading volume of BLMN on January 15, 2025 was 1.89M shares.
BLMN) stock’s latest price update
Bloomin Brands Inc (NASDAQ: BLMN)’s stock price has plunge by 2.05relation to previous closing price of 11.22. Nevertheless, the company has seen a -9.27% plunge in its stock price over the last five trading sessions. businesswire.com reported 2025-01-08 that TAMPA, Fla.–(BUSINESS WIRE)–Bloomin’ Brands, Inc. (Nasdaq: BLMN) announced the promotion of Pat Hafner to Executive Vice President, President of Outback Steakhouse. He will be responsible for leading operations and development for the company’s largest brand. He most recently served as President of Carrabba’s Italian Grill. “Pat is an ‘operator’s operator’ who has held a variety of roles and led special projects at Bloomin’ Brands,” said Mike Spanos, Chief Executive Officer of Bloomin’ Brands.
BLMN’s Market Performance
BLMN’s stock has fallen by -9.27% in the past week, with a monthly drop of -9.98% and a quarterly drop of -27.90%. The volatility ratio for the week is 4.90% while 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 -4.77% for BLMN stock, with a simple moving average of -37.31% for the last 200 days.
Analysts’ Opinion of BLMN
Many brokerage firms have already submitted their reports for BLMN stocks, with Barclays repeating the rating for BLMN by listing it as a “Equal Weight.” The predicted price for BLMN in the upcoming period, according to Barclays is $13 based on the research report published on January 07, 2025 of the current year 2025.
Goldman, on the other hand, stated in their research note that they expect to see BLMN reach a price target of $13. The rating they have provided for BLMN stocks is “Sell” according to the report published on December 05th, 2024.
BLMN Trading at -12.82% 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 -61.99% of loss for the given period.
Volatility was left at 4.87%, however, over the last 30 days, the volatility rate increased by 4.90%, as shares sank -8.03% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -32.73% lower at present.
During the last 5 trading sessions, BLMN fell by -9.27%, which changed the moving average for the period of 200-days by -60.02% in comparison to the 20-day moving average, which settled at $12.02. In addition, Bloomin Brands Inc saw -6.22% 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 0.11. The debt to equity ratio resting at 9.93. The interest coverage ratio of the stock is 3.43.
Currently, EBITDA for the company is 516.32 million with net debt to EBITDA at 7.89. When we switch over and look at the enterprise to sales, we see a ratio of 0.72. The receivables turnover for the company is 80.23for trailing twelve months and the total asset turnover is 1.32. 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 seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
