Impact of Brokerage Rating on Bloomin Brands, Inc.(BLMN)

Many Bloomin Brands, Inc.(BLMN) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Bloomin' Brands Inc was Downgraded by Goldman to Neutral on Jan 19, 2017. Bloomin' Brands Inc was Downgraded by Morgan Stanley to Underweight on Jan 17, 2017.

Company has reported several Insider transactions to the SEC, on Dec 13, 2016, Chris Thomas Sullivan (director) sold 157,750 shares at 19.44 per share price.On Nov 3, 2016, Elizabeth A Smith (Chairman and CEO) sold 287,576 shares at 17.13 per share price.On Nov 3, 2016, Donagh Herlihy (EVP Digital and CIO) sold 20,023 shares at 17.16 per share price.

Bloomin' Brands Inc Last issued its quarterly earnings results on Oct 28, 2016. The company reported $0.20 EPS for the quarter. Analyst had a consensus estimate of $0.20. The company had revenue of $1005.40 million for the quarter, compared to analysts expectations of $1009.28 million. The companys revenue was down -2.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.15 EPS.

Bloomin Brands, Inc. (NASDAQ:BLMN) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 2.29 by 8 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 3 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.

Bloomin Brands, Inc. (NASDAQ:BLMN): 7 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $19.71 in Bloomin Brands, Inc. (NASDAQ:BLMN). However, the stock price could fluctuate by $ 1.5 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $22 price target with the lower price estimate is calculated at $18

Bloomin Brands, Inc. (NASDAQ:BLMN) rose 0.28% or 0.05 points on Tuesday and made its way into the gainers of the day. After trading began at $18.08 the stock was seen hitting $18.3 as a peak level and $17.97 as the lowest level. The stock ended up at $18.05. The daily volume was measured at 1,733,957 shares. The 52-week high of the share price is $19.99 and the 52-week low is $14.912. The company has a market cap of $1,902 million.

Bloomin Brands, Inc. is a casual dining restaurant company with a portfolio of differentiated restaurant concepts. It has five concepts: Outback Steakhouse, Carrabbas Italian Grill, Bonefish Grill, Flemings Prime Steakhouse and Wine Bar and Roys. The Company offers its products and services through company owned and franchised locations throughout the United States and internationally. Bloomin Brands, Inc. is based in Tampa, Florida.


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