Favorable Press Coverage Somewhat Unlikely to Affect Bloomin' Brands (BLMN) Share Price
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.
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.
Receive News & Ratings for Bloomin' Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bloomin' Brands and related companies with MarketBeat.com's FREE daily email newsletter.