Expert Outlook: Bloomin Brands Through The Eyes Of 11 Analysts

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Ratings for Bloomin Brands BLMN were provided by 11 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.

The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 4 6 0 0
Last 30D 0 1 0 0 0
1M Ago 0 0 0 0 0
2M Ago 0 2 2 0 0
3M Ago 1 1 4 0 0

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $26.91, a high estimate of $31.00, and a low estimate of $24.00. Observing a downward trend, the current average is 6.24% lower than the prior average price target of $28.70.

Decoding Analyst Ratings: A Detailed Look

A clear picture of Bloomin Brands's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Jeffrey Bernstein Barclays Raises Overweight $31.00 $27.00
Andrew Strelzik BMO Capital Lowers Market Perform $24.00 $25.00
Brian Mullan Piper Sandler Lowers Neutral $26.00 $30.00
Jeffrey Bernstein Barclays Lowers Overweight $27.00 $28.00
Brian Vaccaro Raymond James Lowers Outperform $28.00 $29.00
Dennis Geiger UBS Lowers Neutral $26.00 $28.00
Jon Tower Citigroup Lowers Neutral $26.00 $29.00
Jeffrey Bernstein Barclays Lowers Overweight $28.00 $31.00
Lauren Silberman Deutsche Bank Announces Hold $25.00 -
Brian Vaccaro Raymond James Lowers Strong Buy $29.00 $33.00
John Glass Morgan Stanley Lowers Equal-Weight $26.00 $27.00

Key Insights:

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  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Bloomin Brands. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Bloomin Brands compared to the broader market.
  • Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Bloomin Brands's stock. This comparison reveals trends in analysts' expectations over time.

For valuable insights into Bloomin Brands's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.

Stay up to date on Bloomin Brands analyst ratings.

Get to Know Bloomin Brands Better

Bloomin Brands Inc operates as a casual dining restaurant company. The company's brand includes Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill, and Fleming's Prime Steakhouse and Wine Bar. The company owns and operates its restaurants, and the remainder is franchised. It derives revenue mainly from the United States, but the company has a presence in Brazil and South Korea with company-owned Outbacks and Carrabbas. In addition, it also has exposure to several countries, predominantly in Asia, principally through franchising.

Financial Insights: Bloomin Brands

Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.

Revenue Growth: Bloomin Brands's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2023, the company achieved a revenue growth rate of approximately 2.28%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Consumer Discretionary sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: Bloomin Brands's net margin is impressive, surpassing industry averages. With a net margin of 4.12%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 11.69%, the company showcases effective utilization of equity capital.

Return on Assets (ROA): Bloomin Brands's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.34%, the company showcases efficient use of assets and strong financial health.

Debt Management: Bloomin Brands's debt-to-equity ratio stands notably higher than the industry average, reaching 5.41. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.

The Core of Analyst Ratings: What Every Investor Should Know

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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