Stock To Watch: Bloomin' Brands, Inc. (NASDAQ:BLMN)


The leading market experts have placed a mean price target of $21.32 on Bloomin' Brands, Inc. (NASDAQ:BLMN) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.23 a share for the upcoming quarter and $1.38 for the current fiscal. Technical View The technical analysis of Bloomin’ Brands, Inc. plainly substantiates that the 50-day moving average of Bloomin’ Brands, Inc. is $18.60, and stock is hovering -0.26 or -1.41% distant from $18.60. It is noted that the 200-day MA is $17.67, and Bloomin’ Brands, Inc. stock is $0.67 or +3.78% off from this point. Bloomin' Brands, Inc. (NASDAQ:BLMN) 52-week high is $23.83 and the 52-week low is $14.91. This explains if the stock moves $-5.49, it will post a 52-week high. In event of $+23.00% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Bloomin’ Brands, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Bloomin' Brands, Inc. (NASDAQ:BLMN) ratio came in at 22.37. The stock last ended the trading session at $18.34 and registered a market cap of $2.16B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Bloomin' Brands, Inc. (NASDAQ:BLMN) PEG ratio is at 1.06.

1 Chart Pattern Every Investor Should Know

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