Headlines about Bloomin' Brands (NASDAQ:BLMN) have trended positive recently, according to Accern Sentiment. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Bloomin' Brands earned a media sentiment score of 0.30 on Accern’s scale. Accern also gave news stories about the restaurant operator an impact score of 46.9019360523539 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

BLMN has been the subject of several research reports. Bank of America downgraded Bloomin' Brands from a “buy” rating to a “neutral” rating and set a $21.00 target price for the company. in a report on Wednesday, November 22nd. Zacks Investment Research raised Bloomin' Brands from a “strong sell” rating to a “hold” rating in a report on Wednesday, January 3rd. BidaskClub downgraded Bloomin' Brands from a “hold” rating to a “sell” rating in a report on Friday, January 19th. Raymond James Financial cut Bloomin' Brands from an “outperform” rating to a “market perform” rating and set a $24.00 price target on the stock. in a research report on Wednesday, December 6th. Finally, Goldman Sachs Group restated a “sell” rating on shares of Bloomin' Brands in a research report on Friday, January 19th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $22.10.

Bloomin' Brands (NASDAQ:BLMN) opened at $20.89 on Wednesday. The stock has a market capitalization of $1,910.00, a PE ratio of 27.13, a P/E/G ratio of 1.54 and a beta of 0.50. Bloomin' Brands has a 52-week low of $16.11 and a 52-week high of $22.96. The company has a debt-to-equity ratio of 31.17, a current ratio of 0.36 and a quick ratio of 0.29.

In other Bloomin' Brands news, EVP David J. Deno sold 41,097 shares of the business’s stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $22.00, for a total transaction of $904,134.00. Following the transaction, the executive vice president now owns 15,135 shares in the company, valued at approximately $332,970. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Donagh Herlihy sold 9,081 shares of the business’s stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $20.93, for a total value of $190,065.33. The disclosure for this sale can be found here. Insiders sold a total of 428,678 shares of company stock worth $8,969,199 in the last 90 days. 7.04% of the stock is currently owned by insiders.

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About Bloomin' Brands

Bloomin’ Brands, Inc is a holding company. The Company owns and operates casual, upscale casual and fine dining restaurants. The Company operates through two segments: U.S. and International. The U.S. segment includes all brands operating in the United States. The International segment includes brands operating outside the United States.

Insider Buying and Selling by Quarter for Bloomin' Brands (NASDAQ:BLMN)

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