Bloomin’ Brands (NASDAQ:BLMN) Sets New 1-Year Low – Should You Sell?

Bloomin’ Brands, Inc. (NASDAQ:BLMN) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as $5.45 and last traded at $5.81, with a volume of 5769016 shares changing hands. The stock had previously closed at $6.01.

Analysts Set New Price Targets

BLMN has been the topic of a number of recent analyst reports. Citigroup boosted their price target on shares of Bloomin’ Brands from $6.75 to $7.00 and gave the stock a “neutral” rating in a research report on Thursday, February 26th. Weiss Ratings reiterated a “sell (d)” rating on shares of Bloomin’ Brands in a research note on Monday, December 29th. Finally, Loop Capital set a $10.00 target price on Bloomin’ Brands in a report on Tuesday, December 16th. Eight equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus target price of $8.44.

Bloomin’ Brands Stock Performance

The company has a quick ratio of 0.24, a current ratio of 0.31 and a debt-to-equity ratio of 2.34. The stock has a market cap of $485.80 million, a price-to-earnings ratio of 57.01, a price-to-earnings-growth ratio of 2.62 and a beta of 1.12. The company’s 50-day simple moving average is $6.66 and its 200-day simple moving average is $6.88.

Bloomin’ Brands (NASDAQ:BLMN) last announced its quarterly earnings data on Wednesday, February 25th. The restaurant operator reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.01. The company had revenue of $975.22 million during the quarter, compared to the consensus estimate of $980.64 million. Bloomin’ Brands had a return on equity of 26.26% and a net margin of 0.21%.The company’s quarterly revenue was up .3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.38 EPS. Bloomin’ Brands has set its Q1 2026 guidance at 0.570-0.620 EPS and its FY 2026 guidance at 0.750-0.900 EPS. Analysts predict that Bloomin’ Brands, Inc. will post 1.8 EPS for the current fiscal year.

Hedge Funds Weigh In On Bloomin’ Brands

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Millennium Management LLC boosted its stake in Bloomin’ Brands by 123.1% in the 1st quarter. Millennium Management LLC now owns 2,299,778 shares of the restaurant operator’s stock worth $16,489,000 after purchasing an additional 1,268,988 shares during the period. Federated Hermes Inc. grew its position in Bloomin’ Brands by 115.9% during the 4th quarter. Federated Hermes Inc. now owns 2,064,940 shares of the restaurant operator’s stock worth $12,741,000 after purchasing an additional 1,108,500 shares in the last quarter. Broad Bay Capital Management LP acquired a new stake in Bloomin’ Brands during the 4th quarter valued at $6,031,000. Nuveen LLC lifted its holdings in shares of Bloomin’ Brands by 371.5% in the fourth quarter. Nuveen LLC now owns 1,057,233 shares of the restaurant operator’s stock valued at $6,523,000 after purchasing an additional 832,982 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in shares of Bloomin’ Brands by 32.1% in the second quarter. Arrowstreet Capital Limited Partnership now owns 2,732,038 shares of the restaurant operator’s stock valued at $23,523,000 after purchasing an additional 664,545 shares in the last quarter.

About Bloomin’ Brands

Bloomin’ Brands, Inc engages in the ownership, operation and franchising of casual dining restaurants worldwide. The company’s portfolio includes five full-service restaurant chains: Outback Steakhouse, known for its Australian-inspired steakhouse concept; Carrabba’s Italian Grill, offering Italian-American cuisine; Bonefish Grill, specializing in handcrafted seafood dishes; Fleming’s Prime Steakhouse & Wine Bar, focusing on premium steak and wine experiences; and Aussie Grill by Outback, featuring a streamlined menu of signature items.