Bloomin’ Brands (NASDAQ:BLMN) Sets New 52-Week Low – Here’s Why

Shares of Bloomin’ Brands, Inc. (NASDAQ:BLMN) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $5.45 and last traded at $5.81, with a volume of 5769016 shares trading hands. The stock had previously closed at $6.01.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Citigroup boosted their target price on Bloomin’ Brands from $6.75 to $7.00 and gave the stock a “neutral” rating in a research report on Thursday, February 26th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Bloomin’ Brands in a report on Monday, December 29th. Finally, Loop Capital set a $10.00 target price on Bloomin’ Brands in a research report on Tuesday, December 16th. Eight investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Bloomin’ Brands has an average rating of “Reduce” and an average price target of $8.44.

Bloomin’ Brands Trading Down 3.3%

The company has a market capitalization of $495.19 million, a P/E ratio of 5.23, a PEG ratio of 2.71 and a beta of 1.12. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.24 and a current ratio of 0.31. The stock has a fifty day moving average of $6.66 and a 200 day moving average of $6.89.

Bloomin’ Brands (NASDAQ:BLMN) last issued its quarterly earnings results on Wednesday, February 25th. The restaurant operator reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.01. Bloomin’ Brands had a return on equity of 26.26% and a net margin of 0.21%.The business had revenue of $975.22 million during the quarter, compared to analysts’ expectations of $980.64 million. During the same quarter in the prior year, the business posted $0.38 earnings per share. The business’s quarterly revenue was up .3% on a year-over-year basis. Bloomin’ Brands has set its Q1 2026 guidance at 0.570-0.620 EPS and its FY 2026 guidance at 0.750-0.900 EPS. As a group, equities research analysts anticipate that Bloomin’ Brands, Inc. will post 1.8 EPS for the current fiscal year.

Institutional Trading of Bloomin’ Brands

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. grew its position in shares of Bloomin’ Brands by 83,825.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,357 shares of the restaurant operator’s stock valued at $29,000 after purchasing an additional 3,353 shares in the last quarter. Quarry LP purchased a new stake in shares of Bloomin’ Brands in the fourth quarter worth about $25,000. Steward Partners Investment Advisory LLC boosted its stake in Bloomin’ Brands by 72.9% during the second quarter. Steward Partners Investment Advisory LLC now owns 4,743 shares of the restaurant operator’s stock valued at $41,000 after buying an additional 2,000 shares during the last quarter. Hilton Head Capital Partners LLC purchased a new position in Bloomin’ Brands during the 4th quarter valued at approximately $31,000. Finally, PNC Financial Services Group Inc. grew its holdings in Bloomin’ Brands by 44.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,431 shares of the restaurant operator’s stock valued at $34,000 after buying an additional 1,662 shares in the last quarter.

About Bloomin’ Brands

Bloomin’ Brands, Inc engages in the ownership, operation and franchising of casual dining restaurants worldwide. The company’s portfolio includes five full-service restaurant chains: Outback Steakhouse, known for its Australian-inspired steakhouse concept; Carrabba’s Italian Grill, offering Italian-American cuisine; Bonefish Grill, specializing in handcrafted seafood dishes; Fleming’s Prime Steakhouse & Wine Bar, focusing on premium steak and wine experiences; and Aussie Grill by Outback, featuring a streamlined menu of signature items.