Bloomin’ Brands Inc. [BLMN] Is Currently -2.39 below its 200 Period Moving Avg: What Dose This Mean?

Bloomin’ Brands Inc. [NASDAQ: BLMN] plunged by -$0.69 during the normal trading session on Thursday and reaching a high of $28.525 during the day while it closed the day at $28.16. The company report on June 2, 2021 that Bloomin’ Brands Promotes Danielle Vona to Executive Leadership Team.

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Bloomin’ Brands, Inc. (Nasdaq:BLMN) announced the promotion of Danielle Vona to Senior Vice President, Chief Marketing Officer (CMO) for Bloomin’ Brands. She will also join the Executive Leadership Team. As CMO, Vona will oversee marketing from brand strategy to implementation. She will guide a team responsible for consumer insights, brand marketing, food and beverage development and field marketing.

Vona previously held senior marketing positions at PepsiCo and Sonic. She returned to Bloomin’ Brands in 2019 as CMO for Outback Steakhouse; she earlier held the same position at Carrabba’s Italian Grill.

Bloomin’ Brands Inc. stock has also loss -3.79% of its value over the past 7 days. However, BLMN stock has inclined by 9.11% in the 3 months of the year. Over the past six months meanwhile, it has gained 57.80% and gained 45.01% year-on date.

The market cap for BLMN stock reached $2.48 billion, with 88.37 million shares outstanding and 87.77 million shares in the current float. Compared to the average trading volume of 1.89M shares, BLMN reached a trading volume of 3226800 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Bloomin’ Brands Inc. [BLMN]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BLMN shares is $35.23 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BLMN stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Gordon Haskett have made an estimate for Bloomin’ Brands Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on May 21, 2021. The new note on the price target was released on March 09, 2021, representing the official price target for Bloomin’ Brands Inc. stock. Previously, the target price had yet another raise to $20, while Goldman analysts kept a Sell rating on BLMN stock. On November 16, 2020, analysts increased their price target for BLMN shares from 17 to 22.

The Average True Range (ATR) for Bloomin’ Brands Inc. is set at 1.20, with the Price to Sales ratio for BLMN stock in the period of the last 12 months amounting to 0.79. The Price to Book ratio for the last quarter was 64.00, with the Price to Cash per share for the same quarter was set at 1.55. Price to Free Cash Flow for BLMN in the course of the last twelve months was 13.74 with Quick ratio for the last quarter at 0.20.

BLMN stock trade performance evaluation

Bloomin’ Brands Inc. [BLMN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.79. With this latest performance, BLMN shares dropped by -8.78% in over the last four-week period, additionally plugging by 57.80% over the last 6 months – not to mention a rise of 128.39% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BLMN stock in for the last two-week period is set at 45.15, with the RSI for the last a single of trading hit 40.77, and the three-weeks RSI is set at 48.00 for Bloomin’ Brands Inc. [BLMN]. The present Moving Average for the last 50 days of trading for this stock 28.59, while it was recorded at 29.01 for the last single week of trading, and 21.46 for the last 200 days.

Bloomin’ Brands Inc. [BLMN]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Bloomin’ Brands Inc. [BLMN] shares currently have an operating margin of -1.30 and a Gross Margin at +6.36. Bloomin’ Brands Inc.’s Net Margin is presently recorded at -5.01.

Return on Total Capital for BLMN is now -1.61, given the latest momentum, and Return on Invested Capital for the company is -6.77. Return on Equity for this stock declined to -181.92, with Return on Assets sitting at -4.28. When it comes to the capital structure of this company, Bloomin’ Brands Inc. [BLMN] has a Total Debt to Total Equity ratio set at 58,653.61. Additionally, BLMN Total Debt to Total Capital is recorded at 99.83, with Total Debt to Total Assets ending up at 63.47. Long-Term Debt to Equity for the company is recorded at 53,454.55, with the Long-Term Debt to Total Capital now at 90.98.

Reflecting on the efficiency of the workforce at the company, Bloomin’ Brands Inc. [BLMN] managed to generate an average of -$2,061 per employee. Receivables Turnover for the company is 25.92 with a Total Asset Turnover recorded at a value of 0.85.Bloomin’ Brands Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.20 and a Current Ratio set at 0.30.

Earnings per share (EPS) analysis for Bloomin’ Brands Inc. [BLMN] stock

With the latest financial reports released by the company, Bloomin’ Brands Inc. posted -0.74/share EPS, while the average EPS was predicted by analysts to be reported at -1.12/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 33.90%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BLMN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Bloomin’ Brands Inc. go to 2.98%.

Bloomin’ Brands Inc. [BLMN]: Insider Ownership positions

There are presently around $2,639 million, in the hands of institutional investors. The top three institutional holders of BLMN stocks are: BLACKROCK INC. with ownership of 13,094,491, which is approximately 4.506% of the company’s market cap and around 1.30% of the total institutional ownership; VANGUARD GROUP INC, holding 9,396,130 shares of the stock with an approximate value of $264.6 million in BLMN stocks shares; and WELLINGTON MANAGEMENT GROUP LLP, currently with $145.8 million in BLMN stock with ownership of nearly 115.057% of the company’s market capitalization.

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Positions in Bloomin’ Brands Inc. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 136 institutional holders increased their position in Bloomin’ Brands Inc. [NASDAQ:BLMN] by around 22,096,773 shares. Additionally, 138 investors decreased positions by around 18,072,007 shares, while 25 investors held positions by with 53,560,357 shares. The mentioned changes placed institutional holdings at 93,729,137 shares, according to the latest SEC report filing. BLMN stock had 68 new institutional investments in for a total of 9,825,266 shares, while 40 institutional investors sold positions of 9,392,851 shares during the same period.

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