Bloomin Brands Inc (BLMN) concluded trading on Wednesday at a closing price of $9.90, with 8.44 million shares of worth about $83.53 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -45.54% during that period and on Wednesday the price saw a loss of about -16.81%. Currently the company’s common shares owned by public are about 84.83M shares, out of which, 83.08M shares are available for trading.
Stock saw a price change of -18.85% in past 5 days and over the past one month there was a price change of -21.43%. Year-to-date (YTD), BLMN shares are showing a performance of -18.92% which decreased to -63.83% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $10.85 but also hit the highest price of $30.12 during that period. The average intraday trading volume for Bloomin Brands Inc shares is 1.76 million. The stock is currently trading -17.46% below its 20-day simple moving average (SMA20), while that difference is down -17.67% for SMA50 and it goes to -38.61% lower than SMA200.
Bloomin Brands Inc (NASDAQ: BLMN) currently have 84.83M outstanding shares and institutions hold larger chunk of about 107.72% of that.
The stock has a current market capitalization of $839.94M and its 3Y-monthly beta is at 2.00. It has posted earnings per share of -$0.11 in the same period. It has Quick Ratio of 0.21 while making debt-to-equity ratio of 9.97. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BLMN, volatility over the week remained 7.80% while standing at 5.24% over the month.
Stock’s fiscal year EPS is expected to drop by -9.59% while it is estimated to increase by 13.30% in next year. EPS is likely to shrink at an annualized rate of -4.69% for next 5-years, compared to annual growth of 17.64% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on January 27, 2025 offering an Underperform rating for the stock and assigned a target price of $13 to it. Coverage by Barclays stated Bloomin Brands Inc (BLMN) stock as an Equal weight in their note to investors on January 07, 2025, suggesting a price target of $13 for the stock. Stock get a Neutral rating from JP Morgan on January 23, 2024.
