In the latest session, Bloomin’ Brands Inc. (NASDAQ: BLMN) closed at $24.88 down -2.74% from its previous closing price of $25.58. In other words, the price has decreased by -$0.70 from its previous closing price. On the day, 1425796 shares were traded. BLMN stock price reached its highest trading level at $25.61 during the session, while it also had its lowest trading level at $24.78.
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For a deeper understanding of Bloomin’ Brands Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.52. For the most recent quarter (mrq), Quick Ratio is recorded 0.20 and its Current Ratio is at 0.30. In the meantime, Its Debt-to-Equity ratio is 2.40 whereas as Long-Term Debt/Eq ratio is at 2.39.
Upgrades & Downgrades
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 22 when SMITH ELIZABETH A sold 64,295 shares for $27.89 per share. The transaction valued at 1,793,188 led to the insider holds 243,594 shares of the business.
GAINOR JOHN P JR sold 35,000 shares of BLMN for $951,300 on Feb 21. The Director now owns 16,500 shares after completing the transaction at $27.18 per share. On Nov 21, another insider, SMITH ELIZABETH A, who serves as the Director of the company, sold 203,032 shares for $22.93 each. As a result, the insider received 4,655,019 and left with 243,594 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BLMN now has a Market Capitalization of 2.17B and an Enterprise Value of 4.07B. As of this moment, Bloomin”s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.39, and their Forward P/E ratio for the next fiscal year is 7.97. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.89. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48 while its Price-to-Book (P/B) ratio in mrq is 6.93. Its current Enterprise Value per Revenue stands at 0.90 whereas that against EBITDA is 10.36.
Stock Price History:
Over the past 52 weeks, BLMN has reached a high of $28.46, while it has fallen to a 52-week low of $15.89. The 50-Day Moving Average of the stock is 24.72, while the 200-Day Moving Average is calculated to be 23.03.
For the past three months, BLMN has traded an average of 1.71M shares per day and 2.13M over the past ten days. A total of 89.12M shares are outstanding, with a floating share count of 83.85M. Insiders hold about 0.70% of the company’s shares, while institutions hold 107.35% stake in the company. Shares short for BLMN as of May 14, 2023 were 10.66M with a Short Ratio of 10.66M, compared to 10.63M on Apr 13, 2023. Therefore, it implies a Short% of Shares Outstanding of 12.21% and a Short% of Float of 17.07%.
Dividends & Splits
According to the company, the forward annual dividend rate for BLMN is 0.96, from 0.66 in the trailing year. Against a Trailing Annual Dividend Yield of 2.58%, it implies a Forward Annual Dividend Yield of 3.75%.
There are 11 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.65 for the current quarter, with a high estimate of $0.67 and a low estimate of $0.63, while EPS last year was $0.68. The consensus estimate for the next quarter is $0.45, with high estimates of $0.58 and low estimates of $0.39.
Analysts are recommending an EPS of between $3 and $2.9 for the fiscal current year, implying an average EPS of $2.95. EPS for the following year is $3.12, with 11 analysts recommending between $3.21 and $2.95.
A total of 8 analysts believe the company’s revenue will be $1.15B this quarter.It ranges from a high estimate of $1.17B to a low estimate of $1.13B. As of the current estimate, Bloomin’ Brands Inc.’s year-ago sales were $1.13B, an estimated increase of 2.60% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $1.1B, an increase of 4.50% over than the figure of $2.60% in the same quarter last year. There is a high estimate of $1.11B for the next quarter, whereas the lowest estimate is $1.08B.
A total of 10 analysts have provided revenue estimates for BLMN’s current fiscal year. The highest revenue estimate was $4.78B, while the lowest revenue estimate was $4.68B, resulting in an average revenue estimate of $4.74B. In the same quarter a year ago, actual revenue was $4.42B, up 7.40% from the average estimate. Based on 11 analysts’ estimates, the company’s revenue will be $4.83B in the next fiscal year. The high estimate is $4.92B and the low estimate is $4.75B. The average revenue growth estimate for next year is up 1.90% from the average revenue estimate for this year.