Bloomin’ Brands (NASDAQ:BLMN) Stock Price Passes Below 200-Day Moving Average – Should You Sell?

Shares of Bloomin’ Brands, Inc. (NASDAQ:BLMN) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $6.69 and traded as low as $5.45. Bloomin’ Brands shares last traded at $5.75, with a volume of 1,528,916 shares traded.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on BLMN. Loop Capital set a $10.00 price objective on Bloomin’ Brands in a research report on Tuesday, December 16th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Bloomin’ Brands in a research report on Friday, March 27th. Finally, Citigroup upped their price objective on Bloomin’ Brands from $6.75 to $7.00 and gave the stock a “neutral” rating in a research report on Thursday, February 26th. Eight analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Bloomin’ Brands has an average rating of “Reduce” and an average price target of $8.44.

Bloomin’ Brands Stock Up 4.6%

The firm has a market cap of $504.56 million, a P/E ratio of 59.21, a price-to-earnings-growth ratio of 2.47 and a beta of 1.12. 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 firm has a fifty day moving average of $6.04 and a 200-day moving average of $6.67.

Bloomin’ Brands (NASDAQ:BLMN) last released its earnings results on Wednesday, February 25th. The restaurant operator reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.01. Bloomin’ Brands had a return on equity of 26.26% and a net margin of 0.21%.The business had revenue of $975.22 million for the quarter, compared to analyst estimates of $980.64 million. During the same quarter in the prior year, the company posted $0.38 earnings per share. Bloomin’ Brands’s revenue was up .3% on a year-over-year basis. 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. On average, equities research analysts anticipate that Bloomin’ Brands, Inc. will post 1.8 earnings per share for the current year.

Insider Transactions at Bloomin’ Brands

In related news, Director Rohit Lal bought 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 11th. The shares were acquired at an average price of $5.69 per share, for a total transaction of $56,900.00. Following the completion of the acquisition, the director owned 30,156 shares of the company’s stock, valued at approximately $171,587.64. The trade was a 49.61% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 1.18% of the company’s stock.

Institutional Trading of Bloomin’ Brands

Several institutional investors and hedge funds have recently bought and sold shares of the business. State Street Corp raised its stake in Bloomin’ Brands by 1.8% in the fourth quarter. State Street Corp now owns 3,400,106 shares of the restaurant operator’s stock valued at $20,979,000 after buying an additional 58,722 shares during the period. Millennium Management LLC raised its stake in Bloomin’ Brands by 69.9% in the third quarter. Millennium Management LLC now owns 2,590,098 shares of the restaurant operator’s stock valued at $18,571,000 after buying an additional 1,065,842 shares during the period. Charles Schwab Investment Management Inc. raised its stake in Bloomin’ Brands by 12.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,409,123 shares of the restaurant operator’s stock valued at $14,864,000 after buying an additional 269,746 shares during the period. Federated Hermes Inc. raised its stake in Bloomin’ Brands by 115.9% in the fourth quarter. Federated Hermes Inc. now owns 2,064,940 shares of the restaurant operator’s stock valued at $12,741,000 after buying an additional 1,108,500 shares during the period. Finally, Geode Capital Management LLC raised its stake in Bloomin’ Brands by 12.4% in the fourth quarter. Geode Capital Management LLC now owns 1,940,257 shares of the restaurant operator’s stock valued at $11,973,000 after buying an additional 213,932 shares during the period.

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.