Bloomin’ Brands (NASDAQ:BLMN) Shares Down 5.5% – Time to Sell?

Shares of Bloomin’ Brands, Inc. (NASDAQ:BLMN) traded down 5.5% on Monday . The company traded as low as $8.31 and last traded at $8.2250. Approximately 98,519 shares traded hands during trading, a decline of 96% from the average daily volume of 2,649,418 shares. The stock had previously closed at $8.70.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. The Goldman Sachs Group raised their price objective on Bloomin’ Brands from $6.00 to $8.50 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. Weiss Ratings upgraded Bloomin’ Brands from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, June 15th. Sanford C. Bernstein set a $9.00 target price on Bloomin’ Brands in a research report on Thursday, May 7th. Citigroup lifted their price target on shares of Bloomin’ Brands from $6.75 to $9.50 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Finally, Barclays boosted their price target 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. Seven investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Bloomin’ Brands has a consensus rating of “Reduce” and an average target price of $8.78.

Bloomin’ Brands Stock Performance

The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.19 and a current ratio of 0.26. The firm has a 50 day moving average price of $7.87 and a two-hundred day moving average price of $6.90. The company has a market capitalization of $683.20 million, a P/E ratio of 31.92, a price-to-earnings-growth ratio of 2.15 and a beta of 1.21.

Bloomin’ Brands (NASDAQ:BLMN) last posted its earnings results on Wednesday, May 6th. The restaurant operator reported $0.67 EPS for the quarter, topping the consensus estimate of $0.57 by $0.10. Bloomin’ Brands had a return on equity of 28.00% and a net margin of 0.55%.The business had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.04 billion. During the same quarter last year, the company earned $0.59 EPS. Bloomin’ Brands’s revenue 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. On average, research analysts expect that Bloomin’ Brands, Inc. will post 0.88 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Bloomin’ Brands

Several large investors have recently made changes to their positions in the company. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Bloomin’ Brands in the fourth quarter valued at about $808,000. Corient Private Wealth LLC bought a new position in shares of Bloomin’ Brands in the fourth quarter valued at approximately $2,147,000. Commonwealth Equity Services LLC boosted its holdings in shares of Bloomin’ Brands by 56.3% in the 4th quarter. Commonwealth Equity Services LLC now owns 1,066,763 shares of the restaurant operator’s stock worth $6,582,000 after acquiring an additional 384,420 shares in the last quarter. Dynamic Technology Lab Private Ltd boosted its holdings in shares of Bloomin’ Brands by 1,077.4% in the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 120,326 shares of the restaurant operator’s stock worth $863,000 after acquiring an additional 110,106 shares in the last quarter. Finally, Public Employees Retirement System of Ohio grew its position in Bloomin’ Brands by 94.2% during the 1st quarter. Public Employees Retirement System of Ohio now owns 13,837 shares of the restaurant operator’s stock worth $75,000 after acquiring an additional 6,713 shares during the last quarter.

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.