Zacks Provided 2.13 Rating to Bloomin’ Brands, Inc. (NASDAQ:BLMN)

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Bloomin’ Brands, Inc. (NASDAQ:BLMN) reported its last quarter results on 10/28/2016. This Company belongs to Retail-Wholesale sector.

In the last trading session, The Company traded 1.75 Million shares. The Stock Market opened sessions at 17.67 and closed at 18.1. There was a stock increase by 2.43 percent.

According to Yahoo Finance, the price target for the company which analysts are aiming is 25. The 1-year price target of the company is 20.9.

Investors expected a price target of 0.38 for this quarter.  Zacks Investment Research gave Bloomin’ Brands, Inc. (NASDAQ:BLMN) a rating of 2.13 on a scale of 1 to 5. Here, 1 indicates a Strong Buy and 5 indicates a Strong Sell.

Considering the performance, Bloomin’ Brands, Inc. (NASDAQ:BLMN)’s shares have the potential to reach a high EPS of 0.36 per share, and a low EPS of 0.29 per share in the current quarter. All of these Earnings estimates are a consensus recommendation of 14 Analysts. According to them, the median (average) EPS the company could deliver is 0.33/share. While the actual EPS the company reported in the same quarter previous year was 0.3/share.

For the quarter ending 07/29/2016, The Analyst projected that the company could deliver EPS of 0.3 while the company provided its Actual EPS of 0.3 showing a difference of 0 Percent between the Estimated and Actual EPS. Hence, the surprise factor was 0 percent.

Analysts estimated $0.2/share for the previous Quarter, where Bloomin’ Brands, Inc. (NASDAQ:BLMN) reported Actual EPS of $0.2/share with the difference of 0 percent and a surprise of 0 percent.

The 11 analysts offering 12-month price forecasts for Bloomin’ Brands Inc have a median target of 21.00, with a high estimate of 25.00 and a low estimate of 18.00. The median estimate represents a +16.02% increase from the last price of 18.10.

For the current quarter, the highest estimate analysts provided is 1.09 Billion and the lowest is 996 Million. These 13 Analysts are also projecting the mean revenue estimate of 1.03 Billion. The year ago sales the company reported in the same quarter is 1.05 Billion.

While Looking at Sales Growth (Year/est), the company is currently showing a percentage value of 3.1 percent.

Bloomin’ Brands, Inc. (NASDAQ:BLMN) topped its 52-week high price target of 19.99 on Nov 11, 2016. The company reached a 52-week low at 14.91 on Feb 18, 2016.

The company’s stock currently has 1.93 Billion in market capitalization. The volatility rate is 2.77% percent and 2.42% percent each. Price per earning (ttm) stands at 33.96.

This year, the company showed a solid 3.1 percent of growth. The next year’s growth is calculated to be 10.7 percent. The company projects a long term annual growth estimate of 10.91 percent.

The company’s growth for the past 5 years has been at 13.37 percent. The Insider Ownership of the company currently is 0.1 percent, and Institutional Ownership is 97 percent.

Company Profile:

Bloomin’ Brands, Inc. is a casual dining restaurant company with a portfolio of differentiated restaurant concepts. It has five concepts: Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill, Fleming’s Prime Steakhouse and Wine Bar and Roy’s. The Company offers its products and services through company owned and franchised locations throughout the United States and internationally. Bloomin’ Brands, Inc. is based in Tampa, Florida.

 

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