Let’s start up with the current stock price of Bloomin’ Brands Inc. (BLMN), which is $21.71 to be very precise. The Stock rose vividly during the last session to $22.17 after opening rate of $21.24 while the lowest price it went was recorded $21.15 before closing at $20.97.Recently in News on January 6, 2022, Michael Healy Appointed President of Bonefish Grill. Bloomin’ Brands, Inc. (Nasdaq:BLMN) today announced the promotion of Michael Healy to President of Bonefish Grill. The 12-year-veteran of the company will be responsible for long-term sustainable growth for more than 180 restaurants across the United States. Bonefish Grill received Newsweek Magazine’s top award for “America’s Best Customer Service” in 2020 and in 2021. 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 $22.43 on 01/06/22, with the lowest value was $20.63 for the same time period, recorded on 01/10/22.
Bloomin’ Brands Inc. (BLMN) full year performance was 2.55%
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 -33.83% during the 52-week period from high price, and 25.56% 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 $17.29 and $32.81.
The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 1793030 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 3.48%, having the revenues showcasing -9.88% 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 1.97B, as it employees total of 77000 workers.
Analysts verdict on Bloomin’ Brands Inc. (BLMN)
During the last month, 10 analysts gave the Bloomin’ Brands Inc. a BUY rating, 0 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 0 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 22.42, with a change in the price was noted -3.17. In a similar fashion, Bloomin’ Brands Inc. posted a movement of -12.74% for the period of last 100 days, recording 2,248,513 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 5.25 at the time of this writing. In addition, long term Debt to Equity ratio is set at 5.18.
Bloomin’ Brands Inc. (BLMN): Technical Analysis
Raw Stochastic average of Bloomin’ Brands Inc. in the period of last 50 days is set at 84.67%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 82.27%. In the last 20 days, the company’s Stochastic %K was 73.41% and its Stochastic %D was recorded 73.97%.
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 3.48%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -15.72%, alongside a boost of 2.55% for the period of the last 12 months. The shares increased approximately by 0.46% in the 7-day charts and went down by 13.72% in the period of the last 30 days. Common stock shares were lifted by -9.88% during last recorded quarter.