Media headlines about Bloomin' Brands (NASDAQ:BLMN) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Bloomin' Brands earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave news articles about the restaurant operator an impact score of 45.6966680089871 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- What Analysts Say? Bloomin’ Brands, Inc. (BLMN) stock closes Yesterday with 2.29% – Nasdaq Fortune (press release) (nasdaqfortune.com)
- Ramin Eivaz Joins Bloomin’ Brands, Inc. – Markets Insider (markets.businessinsider.com)
- Ramin Eivaz Joins Bloomin’ Brands, Inc. – GuruFocus.com (gurufocus.com)
- Ramin Eivaz Joins Bloomin’ Brands, Inc. – PR Newswire (press release) (prnewswire.com)
- Bloomin' Brands (BLMN) Raised to Buy at BidaskClub (americanbankingnews.com)
Bloomin' Brands (BLMN) opened at $22.35 on Friday. The company has a market cap of $2,090.00, a price-to-earnings ratio of 29.03, a P/E/G ratio of 1.29 and a beta of 0.64. Bloomin' Brands has a 52-week low of $16.11 and a 52-week high of $22.96. The company has a debt-to-equity ratio of 31.17, a current ratio of 0.36 and a quick ratio of 0.29.
Bloomin' Brands (NASDAQ:BLMN) last issued its earnings results on Friday, November 3rd. The restaurant operator reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.04). The business had revenue of $948.90 million during the quarter, compared to analysts’ expectations of $944.30 million. Bloomin' Brands had a return on equity of 94.30% and a net margin of 1.93%. Bloomin' Brands’s revenue for the quarter was down 5.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.19 EPS. analysts forecast that Bloomin' Brands will post 1.33 earnings per share for the current year.
Several analysts have recently weighed in on BLMN shares. Jefferies Group restated a “hold” rating and set a $19.00 price objective on shares of Bloomin' Brands in a research report on Thursday, October 12th. BMO Capital Markets lowered their price objective on shares of Bloomin' Brands from $25.00 to $24.00 and set an “outperform” rating on the stock in a research report on Monday, November 6th. Zacks Investment Research upgraded shares of Bloomin' Brands from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 3rd. Credit Suisse Group lowered their price objective on shares of Bloomin' Brands from $18.50 to $18.00 and set a “neutral” rating on the stock in a research report on Monday, November 6th. Finally, Raymond James Financial cut shares of Bloomin' Brands from an “outperform” rating to a “market perform” rating and set a $24.00 target price on the stock. in a research report on Wednesday, December 6th. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and two have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $21.36.
In other Bloomin' Brands news, EVP Christopher W. Brandt sold 25,000 shares of the firm’s stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $20.47, for a total value of $511,750.00. Following the sale, the executive vice president now owns 4,416 shares of the company’s stock, valued at approximately $90,395.52. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Chairman Elizabeth A. Smith sold 375,000 shares of the firm’s stock in a transaction on Friday, December 15th. The stock was sold at an average price of $20.79, for a total transaction of $7,796,250.00. Following the completion of the sale, the chairman now directly owns 206,235 shares in the company, valued at approximately $4,287,625.65. The disclosure for this sale can be found here. In the last three months, insiders sold 551,878 shares of company stock worth $11,131,099. Insiders own 7.04% of the company’s stock.
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About Bloomin' Brands
Bloomin’ Brands, Inc is a holding company. The Company owns and operates casual, upscale casual and fine dining restaurants. The Company operates through two segments: U.S. and International. The U.S. segment includes all brands operating in the United States. The International segment includes brands operating outside the United States.
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