A new trading day began on Monday, with Bloomin Brands Inc (NASDAQ: BLMN) stock price up 5.62% from the previous day of trading, before settling in for the closing price of $12.27. BLMN’s price has ranged from $12.18 to $30.12 over the past 52 weeks.
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A company in the Consumer Cyclical sector has jumped its sales by 3.97% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -38.75%. With a float of $83.09 million, this company’s outstanding shares have now reached $84.83 million.
In an organization with 87000 employees, it is important to assess its efficiency. 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the Restaurants Industry. The insider ownership of Bloomin Brands Inc is 2.07%, while institutional ownership is 109.71%. 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 -38.75% 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
Here are Bloomin Brands Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.21. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.24.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.11, a number that is poised to hit 0.37 in the next quarter and is forecasted to reach 1.82 in one year’s time.
Technical Analysis of Bloomin Brands Inc (BLMN)
Let’s dig in a bit further. During the last 5-days, its volume was 1.83 million. That was better than the volume of 1.54 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 29.02%. Additionally, its Average True Range was 0.62.
During the past 100 days, Bloomin Brands Inc’s (BLMN) raw stochastic average was set at 8.41%, which indicates a significant decrease from 33.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.46% in the past 14 days, which was lower than the 50.40% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.63, while its 200-day Moving Average is $19.75. However, in the short run, Bloomin Brands Inc’s stock first resistance to watch stands at $13.29. Second resistance stands at $13.61. The third major resistance level sits at $14.17. If the price goes on to break the first support level at $12.41, it is likely to go to the next support level at $11.85. Assuming the price breaks the second support level, the third support level stands at $11.53.
Bloomin Brands Inc (NASDAQ: BLMN) Key Stats
With a market capitalization of 1.08 billion, the company has a total of 84,843K Shares Outstanding. Currently, annual sales are 4,671 M while annual income is 247,390 K. The company’s previous quarter sales were 1,039 M while its latest quarter income was 6,910 K.
