For the readers interested in the stock health of Bloomin’ Brands Inc. (BLMN). It is currently valued at $23.27. When the transactions were called off in the previous session, Stock hit the highs of $24.02, after setting-off with the price of $24.02. Company’s stock value dipped to $22.7516 during the trading on the day. When the trading was stopped its value was $23.84.Recently in News on October 12, 2021, Bloomin’ Brands, Inc. to Host Fiscal 2021 Third Quarter Earnings Conference Call at 8:15 AM EDT on November 2, 2021. Bloomin’ Brands, Inc. (Nasdaq: BLMN) will release results for the fiscal third quarter ended September 26, 2021, on Tuesday, November 2, 2021, at approximately 7:00 AM EDT, which will be followed by a conference call to review its financial results at 8:15 AM EDT the same day. You can read further details here
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 $32.81 on 04/30/21, 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 35.13%
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 -29.08% during the 52-week period from high price, and 70.35% 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 $13.66 and $32.81.
The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 2271098 for the day, which was evidently higher, 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 19.82%, having the revenues showcasing -11.99% 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 2.16B, as it employees total of 77000 workers.
Analysts verdict on Bloomin’ Brands Inc. (BLMN)
During the last month, 8 analysts gave the Bloomin’ Brands Inc. a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 3 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 26.32, with a change in the price was noted -5.30. In a similar fashion, Bloomin’ Brands Inc. posted a movement of -18.55% for the period of last 100 days, recording 1,576,314 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 5.81 at the time of this writing. In addition, long term Debt to Equity ratio is set at 5.73.
Bloomin’ Brands Inc. (BLMN): Technical Analysis
Raw Stochastic average of Bloomin’ Brands Inc. in the period of last 50 days is set at 10.49%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 11.73%. In the last 20 days, the company’s Stochastic %K was 8.77% and its Stochastic %D was recorded 9.65%.
Let’s take a glance in the erstwhile performances 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 19.82%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -16.80%, alongside a boost of 35.13% for the period of the last 12 months. The shares increased approximately by -7.51% in the 7-day charts and went down by -5.52% in the period of the last 30 days. Common stock shares were lifted by -11.99% during last recorded quarter.