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In the latest session, Bloomin Brands Inc (NASDAQ: BLMN) closed at $24.96 down -2.54% from its previous closing price of $25.61. In other words, the price has decreased by -$2.54 from its previous closing price. On the day, 1.76 million shares were traded. BLMN stock price reached its highest trading level at $25.78 during the session, while it also had its lowest trading level at $24.84.
Ratios:
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 19.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.44. For the most recent quarter (mrq), Quick Ratio is recorded 0.25 and its Current Ratio is at 0.32. In the meantime, Its Debt-to-Equity ratio is 5.13 whereas as Long-Term Debt/Eq ratio is at 4.69.
On November 06, 2023, Raymond James Downgraded its rating to Outperform which previously was Strong Buy and also lowered its target price recommendation from $29 to $28.
On October 19, 2023, Deutsche Bank started tracking the stock assigning a Hold rating and target price of $25.Deutsche Bank initiated its Hold rating on October 19, 2023, with a $25 target price.
Valuation Measures:
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 2228091648 and an Enterprise Value of 4162746624. As of this moment, Bloomin’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.85, and their Forward P/E ratio for the next fiscal year is 8.94. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.47 while its Price-to-Book (P/B) ratio in mrq is 5.31. Its current Enterprise Value per Revenue stands at 0.891 whereas that against EBITDA is 7.564.
Stock Price History:
Over the past 52 weeks, BLMN has reached a high of $30.12, while it has fallen to a 52-week low of $22.03. The 50-Day Moving Average of the stock is -9.68%, while the 200-Day Moving Average is calculated to be -4.23%.
Shares Statistics:
For the past three months, BLMN has traded an average of 1.35M shares per day and 1329810 over the past ten days. A total of 86.97M shares are outstanding, with a floating share count of 85.06M. Insiders hold about 2.31% of the company’s shares, while institutions hold 110.39% stake in the company. Shares short for BLMN as of 1713139200 were 5661346 with a Short Ratio of 4.20, compared to 1710460800 on 4540728. Therefore, it implies a Short% of Shares Outstanding of 5661346 and a Short% of Float of 9.4399996.
Dividends & Splits
According to the company, the forward annual dividend rate for BLMN is 0.96, from 0.96 in the trailing year. Against a Trailing Annual Dividend Yield of 0.037485357The stock’s 5-year Average Dividend Yield is 1.92.
