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As of close of business last night, Bloomin Brands Inc’s stock clocked out at $25.04, down -2.91% from its previous closing price of $25.79. In other words, the price has decreased by -$2.91 from its previous closing price. On the day, 1.94 million shares were traded. BLMN stock price reached its highest trading level at $25.75 during the session, while it also had its lowest trading level at $24.72.
Ratios:
To gain a deeper understanding of BLMN’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.06 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.47. 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 2180247808 and an Enterprise Value of 4169711104. As of this moment, Bloomin’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.88, and their Forward P/E ratio for the next fiscal year is 8.96. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.20. 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 5.32. Its current Enterprise Value per Revenue stands at 0.893 whereas that against EBITDA is 7.577.
Stock Price History:
The Beta on a monthly basis for BLMN is 2.03, which has changed by 0.02665031 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. 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 -4.08%.
Shares Statistics:
It appears that BLMN traded 1.32M shares on average per day over the past three months and 1329880 shares per day 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 111.31% stake in the company. Shares short for BLMN as of 1713139200 were 5661346 with a Short Ratio of 4.29, 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
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 0.037223727The stock’s 5-year Average Dividend Yield is 1.92.
Earnings Estimates
The dynamic stock of Bloomin Brands Inc (BLMN) is currently attracting attention from 13.0 analysts actively involved in rating its market status.On average, analysts expect EPS of $0.74 for the current quarter, with a high estimate of $0.82 and a low estimate of $0.69, while EPS last year was $0.98. The consensus estimate for the next quarter is $0.69, with high estimates of $0.76 and low estimates of $0.61.
Analysts are recommending an EPS of between $2.65 and $2.44 for the fiscal current year, implying an average EPS of $2.55. EPS for the following year is $2.79, with 13.0 analysts recommending between $2.92 and $2.58.
Revenue Estimates
In the current quarter, 12 analysts expect revenue to total $1.2B. 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 $1.24BFor the next quarter, 12 analysts are estimating revenue of $1.14B. There is a high estimate of $1.16B 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 $4.63B, while the lowest revenue estimate was $4.5B, resulting in an average revenue estimate of $4.55B. In the same quarter a year ago, actual revenue was $4.67BBased on 13 analysts’ estimates, the company’s revenue will be $4.74B in the next fiscal year. The high estimate is $4.84B and the low estimate is $4.62B.
