Let’s start up with the current stock price of Bloomin’ Brands Inc. (BLMN), which is $27.71 to be very precise. The Stock rose vividly during the last session to $28.07 after opening rate of $26.77 while the lowest price it went was recorded $26.66 before closing at $26.64.
Recently in News on April 7, 2021, Bloomin’ Brands Announces Pricing of $300 Million of Senior Notes Due 2029. Bloomin’ Brands, Inc. (Nasdaq: BLMN) today announced the pricing on April 6, 2021 of its offering of $300.0 million aggregate principal amount of 5.125% senior unsecured notes due 2029 (the “notes”) in a private offering only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A and to non-U.S. persons outside the United States in reliance on Regulation S under the Securities Act of 1933, as amended (the “Securities Act”). You can read further details here
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Bloomin’ Brands Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $29.95 on 03/26/21, with the lowest value was $17.95 for the same time period, recorded on 01/04/21.
Bloomin’ Brands Inc. (BLMN) full year performance was 300.43%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Bloomin’ Brands Inc. shares are logging -7.48% during the 52-week period from high price, and 328.95% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $6.46 and $29.95.
The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 1549256 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Bloomin’ Brands Inc. (BLMN) recorded performance in the market was 42.69%, having the revenues showcasing 45.54% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 2.43B, as it employees total of 77000 workers.
The Analysts eye on Bloomin’ Brands Inc. (BLMN)
During the last month, 9 analysts gave the Bloomin’ Brands Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 4 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 22.13, with a change in the price was noted +11.16. In a similar fashion, Bloomin’ Brands Inc. posted a movement of +67.43% for the period of last 100 days, recording 2,010,715 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for BLMN is recording 252.80 at the time of this writing. In addition, long term Debt to Equity ratio is set at 243.37.
Technical rundown of Bloomin’ Brands Inc. (BLMN)
Raw Stochastic average of Bloomin’ Brands Inc. in the period of last 50 days is set at 78.17%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 46.67%. In the last 20 days, the company’s Stochastic %K was 29.01% and its Stochastic %D was recorded 30.67%.
Considering, the past performance of Bloomin’ Brands Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 42.69%. Additionally, trading for the stock in the period of the last six months notably improved by 68.96%, alongside a boost of 300.43% for the period of the last 12 months. The shares increased approximately by -1.14% in the 7-day charts and went down by 1.82% in the period of the last 30 days. Common stock shares were driven by 45.54% during last recorded quarter.