Bloomin Brands Inc (BLMN) concluded trading on Thursday at a closing price of $8.20, with 3.06 million shares of worth about $25.06 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -50.18% during that period and on March 13, 2025 the price saw a loss of about -11.16%. Currently the company’s common shares owned by public are about 84.85M shares, out of which, 83.01M shares are available for trading.
Stock saw a price change of -4.21% in past 5 days and over the past one month there was a price change of -31.84%. Year-to-date (YTD), BLMN shares are showing a performance of -32.84% which decreased to -71.36% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $8.00 but also hit the highest price of $29.30 during that period. The average intraday trading volume for Bloomin Brands Inc shares is 2.23 million. The stock is currently trading -18.63% below its 20-day simple moving average (SMA20), while that difference is down -27.40% for SMA50 and it goes to -46.56% lower than SMA200.
Bloomin Brands Inc (NASDAQ: BLMN) currently have 84.85M outstanding shares and institutions hold larger chunk of about 107.86% of that.
The stock has a current market capitalization of $696.43M and its 3Y-monthly beta is at 1.65. It has posted earnings per share of -$1.50 in the same period. It has Quick Ratio of 0.25 while making debt-to-equity ratio of 16.87. 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 8.69% while standing at 7.39% over the month.
Stock’s fiscal year EPS is expected to drop by -26.54% while it is estimated to increase by 9.05% in next year.
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.
