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The closing price of Bloomin Brands Inc (NASDAQ: BLMN) was $15.94 for the day, down -0.31% from the previous closing price of $15.99. In other words, the price has decreased by -$0.31 from its previous closing price. On the day, 0.9 million shares were traded. BLMN stock price reached its highest trading level at $16.14 during the session, while it also had its lowest trading level at $15.73.
Ratios:
Our analysis of BLMN’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.39. For the most recent quarter (mrq), Quick Ratio is recorded 0.25 and its Current Ratio is at 0.33. In the meantime, Its Debt-to-Equity ratio is 8.07 whereas as Long-Term Debt/Eq ratio is at 7.47.
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.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 12 ’24 when Kunkel Julie T. bought 1,000 shares for $15.65 per share. The transaction valued at 15,650 led to the insider holds 2,000 shares of the business.
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 1358664960 and an Enterprise Value of 3554807296. As of this moment, Bloomin’s Price-to-Earnings (P/E) ratio for their current fiscal year is 61.74, and their Forward P/E ratio for the next fiscal year is 7.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.30 while its Price-to-Book (P/B) ratio in mrq is 4.77. Its current Enterprise Value per Revenue stands at 0.775 whereas that against EBITDA is 7.249.
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 $15.14. The 50-Day Moving Average of the stock is -4.76%, while the 200-Day Moving Average is calculated to be -27.70%.
Shares Statistics:
BLMN traded an average of 1.47M shares per day over the past three months and 1313230 shares per day over the past ten days. A total of 86.97M shares are outstanding, with a floating share count of 82.92M. Insiders hold about 2.41% of the company’s shares, while institutions hold 105.53% stake in the company. Shares short for BLMN as of 1727654400 were 8407587 with a Short Ratio of 5.72, compared to 1724976000 on 9424179. Therefore, it implies a Short% of Shares Outstanding of 8407587 and a Short% of Float of 14.530000000000001.
Dividends & Splits
With its trailing 12-month dividend rate of 0.96, BLMN has a forward annual dividend rate of 0.96. Against a Trailing Annual Dividend Yield of 0.060037524The stock’s 5-year Average Dividend Yield is 1.92.