Expert Outlook: Bloomin Brands Through The Eyes Of 6 Analysts

In the latest quarter, 6 analysts provided ratings for Bloomin Brands BLMN, showcasing a mix of bullish and bearish perspectives.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

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

Analysts have set 12-month price targets for Bloomin Brands, revealing an average target of $28.83, a high estimate of $32.00, and a low estimate of $26.00. This current average has decreased by 0.59% from the previous average price target of $29.00.

price target chart

Exploring Analyst Ratings: An In-Depth Overview

The analysis of recent analyst actions sheds light on the perception of Bloomin Brands by financial experts. The following summary presents 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 Lowers Overweight $30.00 $32.00
Andrew Strelzik BMO Capital Lowers Market Perform $27.00 $29.00
Dennis Geiger UBS Lowers Neutral $26.00 $30.00
Andrew Strelzik BMO Capital Raises Market Perform $29.00 $27.00
Jeffrey Bernstein Barclays Raises Overweight $32.00 $31.00
Jon Tower Citigroup Raises Neutral $29.00 $25.00

Key Insights:

  • Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Bloomin Brands. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Bloomin Brands compared to the broader market.
  • Price Targets: Gaining insights, analysts provide estimates for the future value of Bloomin Brands's stock. This comparison reveals trends in analysts' expectations over time.

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Bloomin Brands's market standing. Stay informed and make well-considered decisions with our Ratings Table.

Stay up to date on Bloomin Brands analyst ratings.

Unveiling the Story Behind Bloomin Brands

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. The Company aggregates its operating segments into two reportable segments, U.S. and international. The U.S. segment includes all restaurants operating in the U.S. while restaurants operating outside the U.S. are included in the international segment.

Bloomin Brands: Financial Performance Dissected

Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.

Revenue Growth: Over the 3 months period, Bloomin Brands showcased positive performance, achieving a revenue growth rate of 9.05% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Discretionary sector.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 3.62%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): Bloomin Brands's ROE excels beyond industry benchmarks, reaching 10.79%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): Bloomin Brands's ROA excels beyond industry benchmarks, reaching 1.28%. This signifies efficient management of assets and strong financial health.

Debt Management: Bloomin Brands's debt-to-equity ratio stands notably higher than the industry average, reaching 5.1. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.

How Are Analyst Ratings Determined?

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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

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