The leading market experts have placed a mean price target of $21.25 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 $0.37 a share for the upcoming quarter and $1.34 for the current fiscal.
The technical analysis of Bloomin’ Brands, Inc. plainly substantiates that the 50-day moving average of Bloomin’ Brands, Inc. is $18.56, and stock is trading $0.99 points away or +5.32% from its 50-day moving average of $18.56. Further it is trading $1.48 or +8.21% away its 200-day moving average of $18.07. Bloomin' Brands, Inc. (NASDAQ:BLMN) 52-week high is $21.09 and the 52-week low is $14.91.
This explains if the stock moves $-1.54, it will post a 52-week high. In event of +31.12% 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 40.39.
The stock last ended the trading session at $19.55 and registered a market cap of $2.22B. 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 1.19.
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