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Bloomin' Brands (BLMN)
NASDAQ:BLMN
Bloomin' Brands (BLMN) Stock Price & Analysis
396 Followers
BLMN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$21.78 - $30.13
Previous Close$26.93
Volume1.36M
Average Volume (3M)1.31M
Market Cap
$2.34B
Enterprise Value$4.39B
Total Cash (Recent Filing)$86.58M
Total Debt (Recent Filing)$2.13B
Price to Earnings (P/E)10.5
Beta1.30
Next Earnings
May 07, 2024EPS Estimate
$0.74Last Dividend Ex-Date
Mar 05, 2024Dividend Yield3.56%
Share Statistics
EPS (TTM)2.53
Shares Outstanding87,058,234
10 Day Avg. Volume1,210,731
30 Day Avg. Volume1,308,918
Standard Deviation0.17
R-Squared0.40
Alpha-0.00138
Financial Highlights & Ratios
Price to Book (P/B)-7.56
Price to Sales (P/S)2.14
Price to Cash Flow (P/CF)3.70
P/FCF Ratio9.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.94
Enterprise Value/Gross Profit1.45
Enterprise Value/Ebitda9.53
Forecast
1Y Price Target
$29.75Price Target Upside10.80% Upside
Rating ConsensusHold
Number of Analyst Covering5
Bloomin' Brands News
PremiumCompany Announcements
Bloomin’ Brands Announces New CFO and Executive VP
PremiumCompany Announcements
Bloomin’ Brands Initiates Interest Rate Swaps to Curb Risk
PremiumCompany Announcements
Bloomin’ Brands Accelerates Stock Buyback, Adjusts Derivatives
Bulls Say, Bears Say
Bulls Say
Earnings PerformanceThe company's earnings per share of $0.75 surpassed expectations due to strong restaurant margins and a favorable tax rate.
Shareholder ValueActivist involvement, a solid 4% dividend yield, and the company's proven ability to effectively manage costs underpin the stock's value.
ValuationThe stock's valuation is compelling, trading at less than 6 times its projected 2024 earnings before interest, taxes, depreciation, and amortization.
Bears Say
Consumer TrafficFootfall at Outback remained subdued in 4Q23 and worsened in the early part of 1Q24.
Financial PerformanceComp sales in the quarter fell slightly below the low end of guidance for 4Q.
Market SentimentThe street will likely greet 2H weighted top-line guidance with skepticism.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
BLMN FAQ
What was Bloomin' Brands’s price range in the past 12 months?
Bloomin' Brands lowest stock price was $21.78 and its highest was $30.13 in the past 12 months.
What is Bloomin' Brands’s market cap?
Currently, no data Available
When is Bloomin' Brands’s upcoming earnings report date?
Bloomin' Brands’s upcoming earnings report date is May 07, 2024 which is in 2 days.
How were Bloomin' Brands’s earnings last quarter?
Bloomin' Brands released its earnings results on Feb 23, 2024. The company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.689 by $0.061.
Is Bloomin' Brands overvalued?
According to Wall Street analysts Bloomin' Brands’s price is currently Undervalued.
Does Bloomin' Brands pay dividends?
Bloomin' Brands pays a Quarterly dividend of $0.24 which represents an annual dividend yield of 3.56%. See more information on Bloomin' Brands dividends here
What is Bloomin' Brands’s EPS estimate?
Bloomin' Brands’s EPS estimate is $0.74.
How many shares outstanding does Bloomin' Brands have?
Bloomin' Brands has 87,070,570 shares outstanding.
What happened to Bloomin' Brands’s price movement after its last earnings report?
Bloomin' Brands reported an EPS of $0.75 in its last earnings report, beating expectations of $0.689. Following the earnings report the stock price went up 2.881%.
Which hedge fund is a major shareholder of Bloomin' Brands?
Among the largest hedge funds holding Bloomin' Brands’s share is Starboard Value LP. It holds Bloomin' Brands’s shares valued at 238M.
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Bloomin' Brands Stock Smart Score
Neutral
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Analyst Consensus
Hold
Average Price Target:
$29.75 (10.80% Upside)
$29.75 (10.80% Upside)
Blogger Sentiment
Bullish
BLMN Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 446.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▼ 3.7%
Last 30 Days ▼ 3.7%
Technicals
SMA
Positive
20 days / 200 days
Momentum
20.71%
12-Months-Change
Fundamentals
Return on Equity
72.71%
Trailing 12-Months
Asset Growth
3.12%
Trailing 12-Months
Company Description
Bloomin' Brands
Bloomin' Brands, Inc. engages in the acquisition, operation, design, and development of restaurant concepts. It operates through the following segments: U.S. and International. The U.S. segment operates in USA and Puerto Rico. The International segment operates in Brazil, South Korea, Hong Kong, and China. Its brands include Outback Steakhouse, Carrabba's Italian Grill. Bonefish Grill, and Fleming's Prime Steakhouse & Wine Bar. The company was founded by Chris Thomas Sullivan, Robert Danker Basham and John Timothy Gannon in October 2006 and is headquartered in Tampa, FL.
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BLMN Earnings Call
Q4 2024
0:00 / 0:00
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BLMN Stock 12 Months Forecast
Average Price Target
$29.75
▲(10.80% Upside)
Technical Analysis
Best Analysts Covering BLMN
1 Year
1 Year Success Rate
25/35 ratings generated profit
1 Year Average Return
+23.06%
reiterated a buy rating 6 months ago
Copying Brian Vaccaro's trades and holding each position for 1 Year would result in 71.43% of your transactions generating a profit, with an average return of +23.06% per trade.
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