Bloomin’ Brands, Inc. (NASDAQ:BLMN) Given Consensus Recommendation of “Reduce” by Analysts

Shares of Bloomin’ Brands, Inc. (NASDAQ:BLMN) have earned a consensus recommendation of “Reduce” from the nine research firms that are currently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating and seven have issued a hold rating on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $8.7778.

A number of equities research analysts have recently weighed in on the stock. The Goldman Sachs Group boosted their price objective on shares of Bloomin’ Brands from $6.00 to $8.50 and gave the company a “neutral” rating in a report on Thursday, May 7th. Barclays boosted their price objective on shares of Bloomin’ Brands from $7.00 to $9.00 and gave the company an “equal weight” rating in a report on Thursday, May 7th. Citigroup boosted their price objective on shares of Bloomin’ Brands from $6.75 to $9.50 and gave the company a “neutral” rating in a report on Thursday, May 7th. Sanford C. Bernstein set a $9.00 price objective on shares of Bloomin’ Brands in a report on Thursday, May 7th. Finally, Weiss Ratings raised shares of Bloomin’ Brands from a “sell (d)” rating to a “sell (d+)” rating in a report on Tuesday, May 12th.

Bloomin’ Brands Price Performance

NASDAQ BLMN opened at $7.75 on Friday. The firm’s fifty day simple moving average is $6.40 and its two-hundred day simple moving average is $6.59. The company has a current ratio of 0.26, a quick ratio of 0.19 and a debt-to-equity ratio of 1.89. Bloomin’ Brands has a 12-month low of $5.19 and a 12-month high of $10.70. The firm has a market capitalization of $663.48 million, a P/E ratio of 31.00, a P/E/G ratio of 2.10 and a beta of 1.10.

Bloomin’ Brands (NASDAQ:BLMN) last released its quarterly earnings results on Wednesday, May 6th. The restaurant operator reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.10. Bloomin’ Brands had a net margin of 0.55% and a return on equity of 28.00%. The business had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.04 billion. During the same period in the previous year, the company earned $0.59 earnings per share. The business’s revenue for the quarter was up 1.0% on a year-over-year basis. Bloomin’ Brands has set its FY 2026 guidance at 0.750-0.900 EPS and its Q2 2026 guidance at 0.270-0.320 EPS. Analysts forecast that Bloomin’ Brands will post 0.88 EPS for the current fiscal year.

Insider Buying and Selling at Bloomin’ Brands

In related news, Director Rohit Lal acquired 10,000 shares of the company’s stock in a transaction dated Wednesday, March 11th. The shares were purchased at an average cost of $5.69 per share, with a total value of $56,900.00. Following the completion of the acquisition, the director directly owned 30,156 shares of the company’s stock, valued at $171,587.64. This represents a 49.61% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.18% of the stock is owned by company insiders.

Institutional Investors Weigh In On Bloomin’ Brands

A number of large investors have recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. lifted its position in Bloomin’ Brands by 83,825.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,357 shares of the restaurant operator’s stock valued at $29,000 after purchasing an additional 3,353 shares during the period. Quarry LP acquired a new position in Bloomin’ Brands during the fourth quarter valued at $25,000. Hilton Head Capital Partners LLC acquired a new position in Bloomin’ Brands during the fourth quarter valued at $31,000. PNC Financial Services Group Inc. lifted its position in Bloomin’ Brands by 44.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 5,431 shares of the restaurant operator’s stock valued at $34,000 after purchasing an additional 1,662 shares during the period. Finally, GAMMA Investing LLC lifted its position in Bloomin’ Brands by 50.9% during the fourth quarter. GAMMA Investing LLC now owns 6,221 shares of the restaurant operator’s stock valued at $38,000 after purchasing an additional 2,099 shares during the period.

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.