Shares of Bloomin’ Brands, Inc. (NASDAQ:BLMN – Get Free Report) have received an average rating of “Hold” from the eleven brokerages that are currently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $9.75.
Several research analysts recently commented on the company. Morgan Stanley boosted their target price on Bloomin’ Brands from $8.00 to $12.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 6th. BMO Capital Markets restated a “market perform” rating and set a $12.00 target price on shares of Bloomin’ Brands in a research note on Thursday, August 6th. Wall Street Zen upgraded shares of Bloomin’ Brands from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Piper Sandler boosted their price target on shares of Bloomin’ Brands from $9.00 to $12.00 and gave the stock a “neutral” rating in a report on Monday, August 10th. Finally, The Goldman Sachs Group lifted their price objective on shares of Bloomin’ Brands from $6.00 to $8.50 and gave the stock a “neutral” rating in a research report on Thursday, May 7th.
Check Out Our Latest Analysis on Bloomin’ Brands
Institutional Inflows and Outflows
Bloomin’ Brands Trading Up 1.3%
Shares of BLMN stock opened at $10.58 on Tuesday. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.18 and a current ratio of 0.25. The stock has a market capitalization of $905.86 million, a P/E ratio of 34.13, a price-to-earnings-growth ratio of 2.73 and a beta of 1.22. The company has a 50 day moving average price of $9.40 and a 200 day moving average price of $7.65. Bloomin’ Brands has a fifty-two week low of $5.19 and a fifty-two week high of $12.63.
Bloomin’ Brands (NASDAQ:BLMN – Get Free Report) last released its earnings results on Wednesday, August 5th. The restaurant operator reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.10. Bloomin’ Brands had a net margin of 0.70% and a return on equity of 28.95%. The company had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1 billion. During the same period in the prior year, the business earned $0.32 EPS. The firm’s quarterly revenue was up 1.3% on a year-over-year basis. Bloomin’ Brands has set its FY 2026 guidance at 0.900-1.000 EPS and its Q3 2026 guidance at -0.270–0.220 EPS. Equities research analysts predict that Bloomin’ Brands will post 0.98 EPS for the current fiscal year.
Bloomin’ Brands Company Profile
Bloomin’ Brands, Inc engages in the ownership, operation and franchising of casual dining restaurants worldwide. The company’s portfolio includes five full-service restaurant chains: Outback Steakhouse, known for its Australian-inspired steakhouse concept; Carrabba’s Italian Grill, offering Italian-American cuisine; Bonefish Grill, specializing in handcrafted seafood dishes; Fleming’s Prime Steakhouse & Wine Bar, focusing on premium steak and wine experiences; and Aussie Grill by Outback, featuring a streamlined menu of signature items.
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