Bloomin Brands Inc (NASDAQ: BLMN) on Monday, plunged -4.02% from the previous trading day, before settling in for the closing price of $13.20. Within the past 52 weeks, BLMN’s price has moved between $13.07 and $30.12.
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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 3.97%. The company achieved an average annual earnings per share of -38.68%. With a float of $83.10 million, this company’s outstanding shares have now reached $86.97 million.
The extent of productivity of a business whose workforce counts for 87000 workers is very important to gauge. In terms of profitability, gross margin is 13.84%, operating margin of 4.39%, and the pretax margin is 0.07%.
Bloomin Brands Inc (BLMN) Insider Updates
Observing investor behavior towards Restaurants industry stocks is more important than anything else. The insider ownership of Bloomin Brands Inc is 2.06%, while institutional ownership is 109.99%. The most recent insider transaction that took place on Aug 12 ’24, was worth 15,650. In this transaction Director of this company bought 1,000 shares at a rate of $15.65, taking the stock ownership to the 2,000 shares.
Bloomin Brands Inc (BLMN) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -38.68% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -8.91% during the next five years compared to 17.64% growth over the previous five years of trading.
Bloomin Brands Inc (NASDAQ: BLMN) Trading Performance Indicators
Bloomin Brands Inc (BLMN) is currently performing well based on its current performance indicators. A quick ratio of 0.21 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.23.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.11, a number that is poised to hit 0.38 in the next quarter and is forecasted to reach 1.82 in one year’s time.
Technical Analysis of Bloomin Brands Inc (BLMN)
The latest stats from [Bloomin Brands Inc, BLMN] show that its last 5-days average volume of 2.44 million was superior to 1.52 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 3.96%. Additionally, its Average True Range was 0.79.
During the past 100 days, Bloomin Brands Inc’s (BLMN) raw stochastic average was set at 1.01%, which indicates a significant decrease from 1.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 69.58% in the past 14 days, which was higher than the 51.78% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.98, while its 200-day Moving Average is $21.08. Now, the first resistance to watch is $13.13. This is followed by the second major resistance level at $13.58. The third major resistance level sits at $13.86. If the price goes on to break the first support level at $12.40, it is likely to go to the next support level at $12.12. Assuming the price breaks the second support level, the third support level stands at $11.67.
Bloomin Brands Inc (NASDAQ: BLMN) Key Stats
Market capitalization of the company is 1.06 billion based on 84,843K outstanding shares. Right now, sales total 4,671 M and income totals 247,390 K. The company made 1,039 M in profit during its latest quarter, and 6,910 K in sales during its previous quarter.
