After finishing at $27.31 in the prior trading day, Bloomin Brands Inc (NASDAQ: BLMN) closed at $27.11, down -0.73%. In other words, the price has decreased by -$0.20 from its previous closing price. On the day, 1179447 shares were traded.
Ratios:
Our goal is to gain a better understanding of BLMN by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.34. 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 2.38B and an Enterprise Value of 4.35B. As of this moment, Bloomin’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.70, and their Forward P/E ratio for the next fiscal year is 9.63. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.51 while its Price-to-Book (P/B) ratio in mrq is 5.76. Its current Enterprise Value per Revenue stands at 0.93 whereas that against EBITDA is 8.43.
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 27.19, while the 200-Day Moving Average is calculated to be 26.00.
Shares Statistics:
The stock has traded on average 1.31M shares per day over the past 3-months and 1.35M shares per day over the last 10 days, according to various share statistics. A total of 86.97M shares are outstanding, with a floating share count of 85.11M. Insiders hold about 2.25% of the company’s shares, while institutions hold 112.65% stake in the company. Shares short for BLMN as of Feb 29, 2024 were 8.46M with a Short Ratio of 6.45, compared to 8.88M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 9.71% and a Short% of Float of 14.10%.
Dividends & Splits
In the trailing 12 months, BLMN’s forward annual dividend rate was 0.96, compared to 0.96 this year. Against a Trailing Annual Dividend Yield of 3.52%, it implies a Forward Annual Dividend Yield of 3.52%. The stock’s 5-year Average Dividend Yield is 1.92.
Earnings Estimates
Its stock is currently analyzed by 13 different market analysts. On average, analysts expect EPS of $0.74 for the current quarter, with a high estimate of $0.82 and a low estimate of $0.67, while EPS last year was $0.98. The consensus estimate for the next quarter is $0.7, with high estimates of $0.77 and low estimates of $0.6.
Analysts are recommending an EPS of between $2.63 and $2.44 for the fiscal current year, implying an average EPS of $2.56. EPS for the following year is $2.81, with 13 analysts recommending between $3 and $2.58.
Revenue Estimates
11 analysts predict $1.2B in revenue for the current quarter. It ranges from a high estimate of $1.22B to a low estimate of $1.14B. As of the current estimate, Bloomin Brands Inc’s year-ago sales were $1.24B, an estimated decrease of -3.80% from the year-ago figure. For the next quarter, 11 analysts are estimating revenue of $1.14B, a decrease of -1.10% over than the figure of -$3.80% in the same quarter last year. There is a high estimate of $1.17B for the next quarter, whereas the lowest estimate is $1.12B.
A total of 13 analysts have provided revenue estimates for BLMN’s current fiscal year. The highest revenue estimate was $4.64B, while the lowest revenue estimate was $4.5B, resulting in an average revenue estimate of $4.56B. In the same quarter a year ago, actual revenue was $4.67B, down -2.40% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $4.75B in the next fiscal year. The high estimate is $4.93B and the low estimate is $4.62B. The average revenue growth estimate for next year is up 4.10% from the average revenue estimate for this year.
