Analyst Ratings for Bloomin' Brands Inc. (BLMN)

Updated: 2017-07-27

Bloomin' Brands Inc. (NASDAQ:BLMN) was awarded an average rating of Overweight from investment analysts following the stock. Last month, BLMN received an average rating of Overweight.

Of the 14 analysts covering the stock, 4 gave it a buy rating, 1 gave an overweight rating, 8 gave a hold rating, 0 gave an underweight rating, and 1 gave a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.

Many analysts weighed in on price targets for BLMN. The most optimistic analyst gave a price target of 27, implying a possible profit of 45.71 percent. The lowest price target was 19, which equates to a potential downside of 2.54 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.35 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0 percent.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 2 analysts increased their quarterly estimates, while 3 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 4 analysts made negative revisions to their fiscal year's estimates.

The growth rate of BLMN's earnings is estimated by analysts to be 40.74 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of BLMN is 0.51.

In the trailing 52-weeks, BLMN hit 22.16 at the highest peak, while it's lowest trading point was 15.82. Today's price is 17.13 percent above the 52-week low, and 16.38 percent below the high. BLMN has a price/earnings ratio of 20.59. Investors typically compare the P/E ratio to a company's peers in the industry. The BLMN value stock report compares BLMN to some of its peers using value stock charts. The market cap of BLMN is $2.08 billion. BLMN's next earnings release will be on 0000-00-00, which is days away.