Bloomin’ Brands, Inc. (NASDAQ:BLMN) Receives $9.75 Consensus Target Price from Analysts

Bloomin’ Brands, Inc. (NASDAQ:BLMN) has earned a consensus recommendation of “Hold” from the eleven research firms that are currently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $9.75.

A number of equities analysts have commented on BLMN shares. Wall Street Zen raised Bloomin’ Brands from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Zacks Research raised Bloomin’ Brands from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 7th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $11.00 price target on shares of Bloomin’ Brands in a research report on Thursday, August 6th. Piper Sandler increased their price objective on Bloomin’ Brands from $9.00 to $12.00 and gave the company a “neutral” rating in a research note on Monday, August 10th. Finally, Weiss Ratings lowered Bloomin’ Brands from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, August 19th.

Institutional Investors Weigh In On Bloomin’ Brands

A number of large investors have recently made changes to their positions in the stock. Hilton Head Capital Partners LLC purchased a new position in Bloomin’ Brands during the fourth quarter worth approximately $31,000. IFP Advisors Inc grew its holdings in Bloomin’ Brands by 357.4% in the 2nd quarter. IFP Advisors Inc now owns 5,022 shares of the restaurant operator’s stock valued at $46,000 after buying an additional 3,924 shares in the last quarter. Allworth Financial LP purchased a new stake in Bloomin’ Brands in the 2nd quarter valued at $55,000. Chicago Partners Investment Group LLC acquired a new stake in shares of Bloomin’ Brands in the 1st quarter worth $56,000. Finally, Quantbot Technologies LP acquired a new stake in shares of Bloomin’ Brands in the 2nd quarter worth $58,000.

Bloomin’ Brands Price Performance

Shares of NASDAQ BLMN opened at $8.43 on Friday. The firm has a market cap of $721.79 million, a PE ratio of 27.19, a PEG ratio of 2.08 and a beta of 1.23. The firm has a fifty day moving average of $9.57 and a 200 day moving average of $7.95. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.18 and a current ratio of 0.25. Bloomin’ Brands has a one year low of $5.19 and a one year high of $12.63.

Bloomin’ Brands (NASDAQ:BLMN) last announced its earnings results on Wednesday, August 5th. The restaurant operator reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.10. Bloomin’ Brands had a net margin of 0.70% and a return on equity of 28.95%. The business had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1 billion. During the same quarter last year, the business earned $0.32 earnings per share. The company’s revenue for the quarter was up 1.3% compared to the same quarter last year. Bloomin’ Brands has set its FY 2026 guidance at 0.900-1.000 EPS and its Q3 2026 guidance at -0.270–0.220 EPS. As a group, research analysts predict that Bloomin’ Brands will post 0.98 EPS for the current fiscal year.

Bloomin’ Brands Company Profile

Bloomin’ Brands, Inc is a restaurant company that owns, operates and franchises a portfolio of casual dining and upscale-casual restaurant concepts. Its brands include Outback Steakhouse, known for steaks and other Australian-inspired menu offerings; Carrabba’s Italian Grill, which specializes in Italian-American cuisine; Bonefish Grill, focused on seafood and grilled dishes; and Fleming’s Prime Steakhouse & Wine Bar, which offers prime steaks, seafood and wine. The company also operates additional concepts, including Aussie Grill and Tender Shack.

Bloomin’ Brands serves customers primarily in the United States, with restaurants and franchise operations in select international markets.