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Shares of Bloomin' Brands (NASDAQ:BLMN) have earned a consensus recommendation of “Buy” from the twelve ratings firms that are presently covering the stock, AnalystRatingsNetwork reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating on the company. The average 12-month target price among brokerages that have covered the stock in the last year is $21.64.

Bloomin' Brands (NASDAQ:BLMN) opened at 16.35 on Friday. Bloomin' Brands has a one year low of $15.01 and a one year high of $27.27. The stock’s 50-day moving average is $19.49 and its 200-day moving average is $21.98. The company has a market cap of $2.047 billion and a P/E ratio of 13.76.

Bloomin' Brands (NASDAQ:BLMN) last announced its earnings results on Tuesday, August 5th. The company reported $0.27 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.29 by $0.02. The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter last year, the company posted $0.25 earnings per share. Bloomin' Brands’s revenue was up 9.6% compared to the same quarter last year. On average, analysts predict that Bloomin' Brands will post $1.08 earnings per share for the current fiscal year.

A number of research firms have recently commented on BLMN. Analysts at Tigress Financial downgraded shares of Bloomin' Brands from a “buy” rating to a “neutral” rating in a research note on Thursday, August 14th. Separately, analysts at Zacks downgraded shares of Bloomin' Brands from a “neutral” rating to an “underperform” rating in a research note on Wednesday, August 13th. They now have a $15.40 price target on the stock. Finally, analysts at Williams Capital cut their price target on shares of Bloomin' Brands from $30.00 to $22.00 in a research note on Tuesday, August 12th. They now have an “outperform” rating on the stock.

Bloomin’ Brands, Inc is a holding company. It is a casual dining restaurant company with a portfolio of restaurant concepts.

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