Headlines about Bloomin’ Brands (NASDAQ:BLMN) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Bloomin’ Brands earned a news impact score of 0.12 on Accern’s scale. Accern also assigned news articles about the restaurant operator an impact score of 45.5661258637923 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the media stories that may have impacted Accern’s rankings:
- Head-To-Head Survey: Bloomin’ Brands (BLMN) & Its Competitors (americanbankingnews.com)
- Bloomin’ Brands, Inc. to Host Fiscal 2017 Third Quarter Earnings Conference Call at 9:00 AM EDT on November 3, 2017 – PR Newswire (press release) (prnewswire.com)
- Bloomin’ Brands, Inc. (BLMN) noted a price change of 1.33% and Vitamin Shoppe, Inc. (VSI) closes with a move of 2.94% – Stocks Gallery (stocksgallery.com)
- Is Bloomin’ Brands, Inc. (NASDAQ:BLMN) a Good Investment? – The Oracle Examiner (oracleexaminer.com)
Several brokerages have weighed in on BLMN. BidaskClub lowered Bloomin’ Brands from a “strong-buy” rating to a “buy” rating in a research report on Thursday, June 22nd. Jefferies Group LLC reaffirmed a “hold” rating and issued a $19.00 target price on shares of Bloomin’ Brands in a research report on Thursday, October 12th. Raymond James Financial, Inc. set a $24.00 target price on Bloomin’ Brands and gave the stock a “buy” rating in a research report on Thursday, July 27th. Zacks Investment Research lowered Bloomin’ Brands from a “hold” rating to a “sell” rating in a research report on Tuesday, September 26th. Finally, Deutsche Bank AG reaffirmed a “hold” rating and issued a $24.00 target price (up from $21.00) on shares of Bloomin’ Brands in a research report on Monday, July 10th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $20.63.
Shares of Bloomin’ Brands (NASDAQ:BLMN) traded up 2.599% on Tuesday, hitting $17.965. The stock had a trading volume of 725,589 shares. The company has a market cap of $1.78 billion, a price-to-earnings ratio of 19.917 and a beta of 0.65. The firm has a 50 day moving average price of $17.19 and a 200-day moving average price of $19.29. Bloomin’ Brands has a 52 week low of $15.82 and a 52 week high of $22.16.
Bloomin’ Brands (NASDAQ:BLMN) last released its earnings results on Wednesday, July 26th. The restaurant operator reported $0.28 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.28. The company had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1.04 billion. Bloomin’ Brands had a return on equity of 74.68% and a net margin of 2.29%. The firm’s quarterly revenue was down 4.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.30 earnings per share. Analysts anticipate that Bloomin’ Brands will post $1.41 EPS for the current year.
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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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