Bloomin’ Brands (BLMN) Earns News Impact Score of 0.10
Press coverage about Bloomin’ Brands (NASDAQ:BLMN) has trended somewhat positive on Wednesday, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Bloomin’ Brands earned a news sentiment score of 0.10 on Accern’s scale. Accern also gave news coverage about the restaurant operator an impact score of 46.1771902802621 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:
- Quarterly Loser: Bloomin’ Brands, Inc. (BLMN) stock performed -18.10% – Street Observer (press release) (streetobserver.com)
- Zacks: Analysts Anticipate Bloomin’ Brands, Inc. (BLMN) Will Announce Quarterly Sales of $944.52 Million (americanbankingnews.com)
- What Technical Analysis say About Bloomin’ Brands, Inc. (NASDAQ:BLMN)? – The Oracle Examiner (oracleexaminer.com)
- Bloomin’ Brands, Inc. – Value Analysis (NASDAQ:BLMN) : October 5, 2017 (finance.yahoo.com)
Bloomin’ Brands (NASDAQ BLMN) traded up 0.826% on Wednesday, hitting $17.705. 320,630 shares of the company traded hands. The stock’s 50-day moving average is $17.15 and its 200 day moving average is $19.32. Bloomin’ Brands has a 12 month low of $15.82 and a 12 month high of $22.16. The stock has a market cap of $1.65 billion, a PE ratio of 19.245 and a beta of 0.65.
Bloomin’ Brands (NASDAQ:BLMN) last announced its quarterly earnings data on Wednesday, July 26th. The restaurant operator reported $0.28 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.28. Bloomin’ Brands had a net margin of 2.29% and a return on equity of 74.68%. The firm had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $1.04 billion. During the same quarter last year, the business earned $0.30 earnings per share. The business’s revenue for the quarter was down 4.2% compared to the same quarter last year. Equities research analysts expect that Bloomin’ Brands will post $1.42 earnings per share for the current fiscal year.
BLMN has been the subject of a number of analyst reports. BidaskClub downgraded shares of Bloomin’ Brands from a “strong-buy” rating to a “buy” rating in a research report on Thursday, June 22nd. Deutsche Bank AG reiterated a “hold” rating and issued a $24.00 price objective (up previously from $21.00) on shares of Bloomin’ Brands in a research report on Monday, July 10th. Raymond James Financial, Inc. set a $24.00 price objective on shares of Bloomin’ Brands and gave the stock a “buy” rating in a research report on Thursday, July 27th. TheStreet downgraded shares of Bloomin’ Brands from a “b” rating to a “c+” rating in a research report on Wednesday, July 26th. Finally, Zacks Investment Research upgraded shares of Bloomin’ Brands from a “sell” rating to a “hold” rating in a research report on Friday, July 28th. Three analysts have rated the stock with a sell rating, eight have given a hold rating and one has given a buy rating to the company. Bloomin’ Brands has an average rating of “Hold” and a consensus target price of $20.63.
About Bloomin’ Brands
Bloomin’ Brands, Inc is a holding company. The Company owns and operates casual, upscale casual and fine dining restaurants. The Company operates through two segments: U.S. and International. The U.S. segment includes all brands operating in the United States. The International segment includes brands operating outside the United States.
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