Bloomin' Brands, Inc. (NASDAQ:BLMN) Receives Consensus Rating of "Hold" from Analysts

Key Points

• Bloomin’ Brands has a consensus “Hold” rating among 11 analysts: two recommend selling, eight rate it a hold, and one gives it a strong-buy rating. The average 12-month price target is $9.75, versus a recent share price of $8.07.
• Recent analyst actions were mixed, with Piper Sandler, BMO Capital Markets, and Morgan Stanley maintaining neutral-style ratings while Weiss Ratings downgraded the stock to sell and Wall Street Zen upgraded it to buy.
• Bloomin’ Brands exceeded quarterly earnings expectations, reporting $0.39 in EPS versus the $0.29 consensus and $1.02 billion in revenue versus the $1.00 billion estimate. Revenue increased 1.3% year over year, although the company’s full-year 2026 EPS guidance is $0.90–$1.00.

Bloomin' Brands, Inc. (NASDAQ:BLMN - Get Free Report) has been assigned an average rating of "Hold" from the eleven analysts that are currently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and one has issued a strong buy rating on the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $9.75.

Several analysts have commented on the stock. Piper Sandler raised their target price on shares of Bloomin' Brands from $9.00 to $12.00 and gave the stock a "neutral" rating in a report on Monday, August 10th. Weiss Ratings cut shares of Bloomin' Brands from a "hold (c-)" rating to a "sell (d+)" rating in a report on Wednesday, August 19th. BMO Capital Markets restated a "market perform" rating and set a $12.00 price objective on shares of Bloomin' Brands in a report on Thursday, August 6th. Wall Street Zen raised shares of Bloomin' Brands from a "hold" rating to a "buy" rating in a research note on Saturday, August 8th. Finally, Morgan Stanley increased their target price on Bloomin' Brands from $8.00 to $12.00 and gave the stock an "equal weight" rating in a report on Thursday, August 6th.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. IFP Advisors Inc raised its holdings in shares of Bloomin' Brands by 357.4% in the second quarter. IFP Advisors Inc now owns 5,022 shares of the restaurant operator's stock valued at $46,000 after purchasing an additional 3,924 shares during the last quarter. Hilton Head Capital Partners LLC bought a new stake in Bloomin' Brands in the 4th quarter valued at $31,000. Allworth Financial LP acquired a new stake in Bloomin' Brands during the 2nd quarter valued at $55,000. Quantbot Technologies LP acquired a new stake in Bloomin' Brands during the 2nd quarter valued at $58,000. Finally, Hsbc Holdings PLC bought a new position in Bloomin' Brands during the second quarter worth $94,000.

Bloomin' Brands Price Performance

Shares of BLMN opened at $8.07 on Friday. The company has a current ratio of 0.25, a quick ratio of 0.18 and a debt-to-equity ratio of 1.62. Bloomin' Brands has a 1 year low of $5.19 and a 1 year high of $12.63. The stock has a market cap of $690.96 million, a P/E ratio of 26.03, a price-to-earnings-growth ratio of 2.07 and a beta of 1.23. The stock's 50-day moving average price is $9.57 and its two-hundred day moving average price is $7.93.

Bloomin' Brands (NASDAQ:BLMN - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The restaurant operator reported $0.39 EPS for the quarter, beating analysts' consensus estimates of $0.29 by $0.10. The company had revenue of $1.02 billion during the quarter, compared to analysts' expectations of $1 billion. Bloomin' Brands had a return on equity of 28.95% and a net margin of 0.70%.Bloomin' Brands's revenue was up 1.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.32 EPS. 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. On average, equities analysts predict that Bloomin' Brands will post 0.98 earnings per share for the current 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.

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