Bloomin’ Brands (NASDAQ:BLMN) Stock Price Expected to Rise, Barclays Analyst Says

Bloomin’ Brands (NASDAQ:BLMN) had its price objective hoisted by equities research analysts at Barclays from $7.00 to $9.00 in a research note issued on Thursday,Benzinga reports. The firm presently has an “equal weight” rating on the restaurant operator’s stock. Barclays‘s price target suggests a potential upside of 10.84% from the stock’s current price.

Several other equities analysts have also issued reports on BLMN. Weiss Ratings reiterated a “sell (d)” rating on shares of Bloomin’ Brands in a research report on Friday, March 27th. JPMorgan Chase & Co. downgraded Bloomin’ Brands from a “neutral” rating to an “underweight” rating and set a $6.00 price target for the company. in a research report on Friday, April 24th. Sanford C. Bernstein set a $9.00 price objective on shares of Bloomin’ Brands in a report on Thursday. UBS Group boosted their price objective on shares of Bloomin’ Brands from $6.00 to $9.00 and gave the stock a “neutral” rating in a research report on Thursday. Finally, Citigroup boosted their price objective on shares of Bloomin’ Brands from $6.75 to $7.00 and gave the stock a “neutral” rating in a research report on Thursday, February 26th. Seven analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of $8.78.

Bloomin’ Brands Stock Performance

Shares of BLMN stock opened at $8.12 on Thursday. The company has a debt-to-equity ratio of 2.34, a current ratio of 0.31 and a quick ratio of 0.24. The stock has a market cap of $692.07 million, a PE ratio of 32.48, a price-to-earnings-growth ratio of 6.63 and a beta of 1.10. The stock has a 50-day moving average of $6.03 and a 200-day moving average of $6.55. Bloomin’ Brands has a one year low of $5.19 and a one year high of $10.70.

Bloomin’ Brands (NASDAQ:BLMN) last announced its quarterly earnings results on Wednesday, May 6th. The restaurant operator reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.10. The company had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.04 billion. Bloomin’ Brands had a return on equity of 28.70% and a net margin of 0.55%.Bloomin’ Brands’s revenue was up 1.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.59 EPS. Bloomin’ Brands has set its FY 2026 guidance at 0.750-0.900 EPS and its Q2 2026 guidance at 0.270-0.320 EPS. As a group, sell-side analysts expect that Bloomin’ Brands will post 0.83 earnings per share for the current year.

Insider Activity at Bloomin’ Brands

In related news, Director Rohit Lal acquired 10,000 shares of the business’s stock in a transaction dated Wednesday, March 11th. The stock was bought at an average price of $5.69 per share, with a total value of $56,900.00. Following the acquisition, the director owned 30,156 shares in the company, valued at $171,587.64. This represents a 49.61% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.18% of the company’s stock.

Institutional Investors Weigh In On Bloomin’ Brands

Several large investors have recently made changes to their positions in the stock. Commonwealth Financial Services LLC acquired a new stake in shares of Bloomin’ Brands in the 1st quarter valued at approximately $81,000. Dimensional Fund Advisors LP lifted its holdings in Bloomin’ Brands by 84.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,208,122 shares of the restaurant operator’s stock valued at $11,924,000 after purchasing an additional 1,013,953 shares during the last quarter. Chicago Partners Investment Group LLC acquired a new stake in Bloomin’ Brands during the 1st quarter valued at $56,000. Fifth Third Bancorp lifted its holdings in Bloomin’ Brands by 3,683.7% during the 1st quarter. Fifth Third Bancorp now owns 21,870 shares of the restaurant operator’s stock valued at $118,000 after purchasing an additional 21,292 shares during the last quarter. Finally, SG Americas Securities LLC lifted its holdings in Bloomin’ Brands by 6.4% during the 1st quarter. SG Americas Securities LLC now owns 85,062 shares of the restaurant operator’s stock valued at $459,000 after purchasing an additional 5,148 shares during the last quarter.

Bloomin’ Brands Company Profile

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.