Bloomin' Brands (NASDAQ:BLMN) Stock Breaks Above 50 Day Moving Average - Should You Sell?

Key Points

• Bloomin’ Brands shares rose 10%, trading as high as $10.22 and closing near $9.99, above the 50-day moving average of $9.26. The stock’s 200-day moving average is $7.86.
• Analyst sentiment remains cautious: the consensus rating is “Hold” from 11 analysts, with an average price target of $10.90. Recent ratings ranged from “Buy” to “Hold,” with targets between $11 and $13.
• The company beat quarterly earnings expectations, reporting $0.39 EPS versus $0.29 expected and $1.02 billion in revenue. Bloomin’ Brands maintained fiscal 2026 EPS guidance of $0.90–$1.00, though its low margins and elevated debt-to-equity ratio remain considerations.

Bloomin' Brands, Inc. (NASDAQ:BLMN - Get Free Report) shares passed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $9.26 and traded as high as $10.22. Bloomin' Brands shares last traded at $9.99, with a volume of 4,480,717 shares changing hands.

Analyst Ratings Changes

BLMN has been the subject of several recent analyst reports. BMO Capital Markets restated a "market perform" rating and set a $12.00 price objective on shares of Bloomin' Brands in a research report on Thursday, August 6th. Zacks Research cut Bloomin' Brands from a "strong-buy" rating to a "hold" rating in a research report on Friday, October 16th. Wall Street Zen raised Bloomin' Brands from a "hold" rating to a "buy" rating in a research note on Saturday, October 24th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and set a $11.00 target price on shares of Bloomin' Brands in a research note on Thursday, August 6th. Finally, Veritas Investment Research set a $13.00 target price on shares of Bloomin' Brands in a report on Tuesday, September 29th. Eleven analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $10.90.

Bloomin' Brands Stock Up 10.0%

The company has a market capitalization of $855.35 million, a P/E ratio of 32.23, a PEG ratio of 2.41 and a beta of 1.26. The company has a current ratio of 0.25, a quick ratio of 0.18 and a debt-to-equity ratio of 1.62. The stock has a 50 day moving average price of $9.26 and a 200 day moving average price of $7.86.

Bloomin' Brands (NASDAQ:BLMN - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The restaurant operator reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.10. The company had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1 billion. Bloomin' Brands had a return on equity of 28.95% and a net margin of 0.70%. Bloomin' Brands's revenue for the quarter was up 1.3% on a year-over-year basis. During the same quarter last 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, research analysts anticipate that Bloomin' Brands, Inc. will post 0.96 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Bloomin' Brands

Several large investors have recently bought and sold shares of BLMN. State of Alaska Department of Revenue bought a new stake in Bloomin' Brands during the 3rd quarter worth approximately $37,000. IFP Advisors Inc increased its position 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 acquiring an additional 3,924 shares during the period. Nisa Investment Advisors LLC raised its stake in shares of Bloomin' Brands by 148.2% during the third quarter. Nisa Investment Advisors LLC now owns 5,265 shares of the restaurant operator's stock valued at $41,000 after acquiring an additional 3,144 shares during the last quarter. Allworth Financial LP bought a new position in shares of Bloomin' Brands during the second quarter valued at $55,000. Finally, Quantbot Technologies LP bought a new position in shares of Bloomin' Brands during the second quarter valued at $58,000.

About Bloomin' Brands

Bloomin' Brands, Inc is a restaurant company that owns, operates and franchises a portfolio of casual dining and upscale restaurant concepts. Its principal brands include Outback Steakhouse, known for steaks and other Australian-inspired dishes; Carrabba's Italian Grill, which serves Italian-American cuisine; Bonefish Grill, focused on seafood and contemporary dishes; and Fleming's Prime Steakhouse & Wine Bar.

The company's restaurants offer a range of dine-in, takeout, delivery and catering services, with menus generally centered on full-service meals, specialty beverages and hospitality-oriented dining experiences.

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