Bloomin' Brands (NASDAQ:BLMN) Shares Pass Below 200-Day Moving Average - Here's What Happened

Key Points

• Bloomin' Brands shares slipped below their 200-day moving average of $6.69, trading as low as $5.45 and last at $5.75 on volume of about 1.53M shares, a bearish technical signal.
• Analyst sentiment is cautious — the street averages a Reduce/Hold stance with an average target of $8.44, though targets range (Citigroup $7, Loop Capital $10, Weiss Ratings "sell").
• The company reported $0.26 EPS (beat by $0.01) but slightly missed revenue expectations; management guided Q1 2026 EPS of $0.57–0.62 and FY 2026 EPS of $0.75–0.90, and a director purchased 10,000 shares at $5.69.

Bloomin' Brands, Inc. (NASDAQ:BLMN - Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $6.69 and traded as low as $5.45. Bloomin' Brands shares last traded at $5.75, with a volume of 1,528,916 shares changing hands.

Analysts Set New Price Targets

A number of brokerages have issued reports on BLMN. Weiss Ratings reissued a "sell (d)" rating on shares of Bloomin' Brands in a report on Friday, March 27th. Loop Capital set a $10.00 price objective on Bloomin' Brands in a report on Tuesday, December 16th. Finally, Citigroup lifted their price objective on Bloomin' Brands from $6.75 to $7.00 and gave the company a "neutral" rating in a report on Thursday, February 26th. Eight equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Reduce" and an average target price of $8.44.

Bloomin' Brands Price Performance

The stock has a fifty day moving average of $6.07 and a 200-day moving average of $6.69. The company has a quick ratio of 0.24, a current ratio of 0.31 and a debt-to-equity ratio of 2.34. The firm has a market capitalization of $490.06 million, a P/E ratio of 57.51, a PEG ratio of 2.47 and a beta of 1.12.

Bloomin' Brands (NASDAQ:BLMN - Get Free Report) last announced its quarterly earnings data on Wednesday, February 25th. The restaurant operator reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.01. The firm had revenue of $975.22 million during the quarter, compared to analysts' expectations of $980.64 million. Bloomin' Brands had a return on equity of 26.26% and a net margin of 0.21%.The company's quarterly revenue was up .3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.38 EPS. Bloomin' Brands has set its Q1 2026 guidance at 0.570-0.620 EPS and its FY 2026 guidance at 0.750-0.900 EPS. Equities analysts predict that Bloomin' Brands, Inc. will post 1.8 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Rohit Lal acquired 10,000 shares of the company's stock in a transaction on Wednesday, March 11th. The stock was purchased at an average cost of $5.69 per share, with a total value of $56,900.00. Following the acquisition, the director owned 30,156 shares of the company's stock, valued at $171,587.64. This trade represents a 49.61% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.18% of the company's stock.

Institutional Trading of Bloomin' Brands

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Hsbc Holdings PLC bought a new stake in Bloomin' Brands during the 4th quarter worth about $72,000. Corient Private Wealth LLC bought a new stake in Bloomin' Brands during the 4th quarter worth about $2,147,000. Alpine Global Management LLC bought a new stake in Bloomin' Brands during the 4th quarter worth about $89,000. Virtu Financial LLC bought a new stake in Bloomin' Brands during the 4th quarter worth about $195,000. Finally, Invesco Ltd. raised its holdings in Bloomin' Brands by 9.9% during the 4th quarter. Invesco Ltd. now owns 1,368,340 shares of the restaurant operator's stock worth $8,443,000 after purchasing an additional 123,566 shares during the last quarter.

About Bloomin' Brands

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.

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