Bloomin Brands Inc (BLMN) Stock Forecast & Predictions

Bloomin Brands Inc BLMN: $26.735

2202 N West Shore Blvd Ste 500, Tampa, Florida, United States. | Sector: Accommodation and Food Services | Exchange: NASDAQ | Web: www.bloominbrands.com

  • Market Cap$2.34B
  • Change (52 Weeks)71.75%
  • Low (52 Weeks)$13.66
  • Bloomin Brands Inc (BLMN) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 25.00% are on Buy, 25.00% on Sell, and 50.00% Neutral.

    According to the market data, Bloomin Brands Inc (BLMN) stock price is $26.735 and the 52 weeks low is $13.66, which means the Bloomin Brands Inc stock price is up 71.75% in the last 12 months.

    Bloomin Brands Inc (BLMN) Stock Price has been Trending Strongly with an ADX reading of 32.86 as per the Weekly Chart.

    A Upward trend indicates that Bloomin Brands Inc (BLMN) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 25.00% are indicating that BLMN Stock price might rise further, 25.00% indicating that BLMN Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall BLMN stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Bloomin Brands Inc (BLMN) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Bloomin Brands Inc (BLMN) is based on 19 Institutional Analyst Ratings where 42.11% are on Strong Buy, 31.58% on Moderate Buy, 21.05% remains on Hold, 0.00% are on Moderate Sell and 5.26% are on Strong Sell.

    Out of 19 Institutional Analysts, majority recommended BLMN stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Bloomin Brands Inc.

    Bloomin Brands Inc (BLMN) Stock Price Prediction By Analysts


    HighLowAverage
    $42.00$28.28$35.32
    $35.3232.1% Upside
    Updated: 2021-09-19 00:00:00

    The Average Price target for BLMN set by the institutional analysts is $35.32 where High Estimate is $42.00, Median $35.19 and Low $28.28.

    The average price target for BLMN by Institutional Analysts is $35.32, which is 32.1% Upside from the current price. So according to the Institutional Analysts, BLMN Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Bloomin Brands Inc (BLMN) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 479,658 investor portfolio.

    Our algorithm has analysed 479,658 investor portfolio with BLMN stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about BLMN and holding their positions hoping for a further rise in the stock price and more profit.

    Bloomin Brands Inc (BLMN) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Goldman SachsNeutralUpgraded
    Credit SuisseOutperformUpgraded
    Deutsche BankBuyUpgraded
    Gordon HaskettBuyUpgraded
    Raymond JamesStrong BuyMaintained
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    Raymond JamesStrong BuyMaintained
    Deutsche BankHoldDowngraded
    Morgan StanleyEqual-WeightMaintained
    Wells FargoEqual-WeightMaintained
    Raymond JamesStrong BuyMaintained
    Morgan StanleyEqual-WeightMaintained
    Goldman SachsSellMaintained
    Credit SuisseNeutralMaintained
    Raymond JamesStrong BuyMaintained
    Deutsche BankBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    Goldman SachsSellInitiated
    Raymond JamesStrong BuyMaintained
    BMO CapitalOutperformUpgraded
    Morgan StanleyEqual-WeightMaintained
    Credit SuisseNeutralMaintained
    Morgan StanleyEqual-WeightMaintained
    Raymond JamesStrong BuyMaintained
    Raymond JamesStrong BuyMaintained
    Raymond JamesStrong BuyUpgraded
    Deutsche BankBuyUpgraded
    Morgan StanleyEqual-WeightMaintained
    JP MorganOverweightUpgraded
    B of A SecuritiesNeutralUpgraded
    Credit SuisseNeutralInitiated
    Gordon HaskettHoldDowngraded
    JefferiesBuyUpgraded
    Wells FargoEqual-WeightMaintained
    Raymond JamesOutperformMaintained
    Morgan StanleyEqual-WeightMaintained
    GuggenheimBuyMaintained
    Deutsche BankHoldMaintained
    BMO CapitalMarket PerformMaintained
    BarclaysOverweightMaintained
    Wells FargoEqual-WeightMaintained
    MKM PartnersBuyMaintained
    JefferiesHoldMaintained
    MKM PartnersBuyMaintained
    Deutsche BankHoldMaintained
    Raymond JamesOutperformMaintained
    Morgan StanleyEqual-WeightMaintained
    Goldman SachsBuyInitiated
    Raymond JamesOutperformMaintained
    MKM PartnersBuyMaintained
    JP MorganNeutralDowngraded
    BMO CapitalMarket PerformMaintained
    Morgan StanleyEqual-WeightMaintained
    BarclaysOverweightMaintained
    Deutsche BankHoldDowngraded
    BMO CapitalMarket PerformUpgraded
    MKM PartnersBuyInitiated
    Loop CapitalBuyInitiated
    JP MorganOverweightMaintained
    Deutsche BankBuyInitiated
    GuggenheimBuyUpgraded
    BMO CapitalUnderperformDowngraded
    William BlairOutperformUpgraded
    Bank of AmericaNeutralDowngraded
    JP MorganOverweightUpgraded
    Morgan StanleyEqual-WeightUpgraded
    BarclaysOverweightMaintained
    Gordon HaskettBuyInitiated
    BMO CapitalMarket PerformDowngraded
    Goldman SachsNeutralUpgraded
    Wells FargoMarket PerformMaintained
    Bank of AmericaNeutralMaintained
    BarclaysOverweightMaintained
    Raymond JamesOutperformUpgraded
    JP MorganNeutralMaintained
    BarclaysOverweightMaintained
    Deutsche BankBuyUpgraded
    BMO CapitalOutperformMaintained
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    Goldman SachsSellDowngraded
    Raymond JamesMarket PerformDowngraded
    Bank of AmericaNeutralDowngraded
    Credit SuisseNeutralMaintained
    BMO CapitalOutperformMaintained
    BarclaysOverweightMaintained
    Raymond JamesOutperformMaintained
    Wells FargoMarket PerformDowngraded
    Credit SuisseNeutralDowngraded
    JP MorganNeutralDowngraded
    Goldman SachsNeutralDowngraded
    Morgan StanleyUnderweightDowngraded
    Tigress FinancialBuyUpgraded
    Goldman SachsBuyMaintained
    Credit SuisseOutperformUpgraded
    Credit SuisseNeutralMaintained
    Goldman SachsBuyMaintained
    Morgan StanleyEqual-WeightDowngraded
    Raymond JamesOutperformDowngraded
    Deutsche BankHoldMaintained
    OTR GlobalMixedDowngraded
    CL KingStrong BuyUpgraded
    Goldman SachsBuyInitiated
    Deutsche BankHoldInitiated
    JP MorganOverweightMaintained
    BMO CapitalOutperformMaintained
    JP MorganOverweightMaintained
    Credit SuisseNeutralInitiated
    JP MorganOverweightMaintained
    BarclaysOverweightMaintained
    JP MorganOverweightMaintained
    JefferiesHoldMaintained
    Raymond JamesStrong BuyUpgraded
    BarclaysOverweightMaintained
    BMO CapitalOutperformInitiated
    JP MorganOverweightMaintained
    Tigress FinancialNeutralDowngraded
    Raymond JamesOutperformDowngraded
    JP MorganOverweightMaintained
    JefferiesHoldDowngraded
    Deutsche BankBuyMaintained
    BarclaysOverweightMaintained
    Longbow ResearchBuyInitiated
    JP MorganOverweightMaintained
    Buckingham ResearchBuyInitiated
    JefferiesBuyMaintained
    BarclaysOverweightMaintained
    Raymond JamesStrong BuyMaintained
    BarclaysOverweightMaintained
    Deutsche BankBuyUpgraded
    Tigress FinancialBuyInitiated
    Raymond JamesStrong BuyUpgraded
    JP MorganOverweightUpgraded
    Raymond JamesOutperformUpgraded
    BarclaysOverweightInitiated
    CL KingBuyInitiated
    Stifel NicolausHoldInitiated
    JP MorganNeutralDowngraded
    Deutsche BankHoldMaintained
    DavenportBuyInitiated
    JP MorganOverweightMaintained
    Bank of AmericaBuyMaintained
    Morgan StanleyOverweightMaintained
    JefferiesBuyMaintained
    Deutsche BankHoldMaintained
    JefferiesBuyMaintained
    Bank of AmericaBuyMaintained
    JefferiesBuyMaintained
    Deutsche BankHoldInitiated
    Williams CapitalBuyInitiated
    Wells FargoOutperformInitiated
    Morgan StanleyOverweightInitiated
    JP MorganOverweightInitiated
    JefferiesBuyInitiated
    Goldman SachsBuyInitiated
    Bank of AmericaBuyInitiated

    Bloomin Brands Inc (BLMN) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.712
    The average consensus EPS for BLMN is $0.712 with a high estimate of $0.913 and Low of $0.510 for the period 2021-12-31 and based on 15 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.81$0.68881622021-06-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$0.57765662021-09-30
    $0.81$0.68881622021-06-30
    $0.72$0.32647142021-03-31
    $0.02$-0.01251542020-12-31
    $-0.12$-0.341495999999999972020-09-30
    $-0.74$-1.13889122020-06-30
    $0.14$0.20585642020-03-31
    $0.32$0.35768342019-12-31
    $0.1$0.099082800000000012019-09-30
    $0.36$0.35542922019-06-30
    $0.75$0.73996922019-03-31
    $0.3$0.26604662018-12-31
    $0.1$0.08840342018-09-30
    $0.38$0.300053399999999972018-06-30
    $0.71$0.59238540000000012018-03-31
    $0.41$0.397585800000000042017-12-31
    $0.12$0.15132722017-09-30
    $0.28$0.283488600000000042017-06-30
    $0.54$0.53200142017-03-31
    $0.31$0.32122862016-12-31
    $0.2$0.20108282016-09-30
    $0.3$0.30075722016-06-30
    $0.47$0.507962016-03-31
    $0.3$0.3000842015-12-31
    $0.15$0.14069882015-09-30
    $0.28$0.27838862015-06-30
    $0.54$0.54383342015-03-31
    $0.28$0.275400000000000032014-12-31
    $0.1$0.07868282014-09-30
    $0.27$0.29798282014-06-30
    $0.46$0.48365342014-03-31
    $0.27$0.26522013-12-31
    $0.1$0.098073000000000012013-09-30
    $0.25$0.2290412013-06-30
    $0.5$0.448800000000000032013-03-31
    $0.2$0.19266782012-12-31
    $0.08$-0.00714000000000000052012-09-30

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).