Bloomin’ Brands (NASDAQ:BLMN) Share Price Passes Above 200-Day Moving Average – Time to Sell?

Bloomin’ Brands, Inc. (NASDAQ:BLMN)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $7.01 and traded as high as $8.69. Bloomin’ Brands shares last traded at $8.34, with a volume of 1,486,338 shares traded.

Wall Street Analyst Weigh In

Several research analysts have issued reports on BLMN shares. UBS Group boosted their target price on Bloomin’ Brands from $6.00 to $9.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. JPMorgan Chase & Co. downgraded Bloomin’ Brands from a “neutral” rating to an “underweight” rating and set a $6.00 price target on the stock. in a report on Friday, April 24th. Weiss Ratings raised Bloomin’ Brands from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, June 15th. Citigroup boosted their price objective on Bloomin’ Brands from $6.75 to $9.50 and gave the company a “neutral” rating in a report on Thursday, May 7th. Finally, The Goldman Sachs Group upped their price objective on Bloomin’ Brands from $6.00 to $8.50 and gave the company a “neutral” rating in a research report on Thursday, May 7th. Six research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and an average target price of $8.62.

Bloomin’ Brands Stock Performance

The company has a market capitalization of $713.99 million, a PE ratio of 33.36, a PEG ratio of 2.30 and a beta of 1.21. The company has a current ratio of 0.26, a quick ratio of 0.19 and a debt-to-equity ratio of 1.89. The firm’s 50-day simple moving average is $8.11 and its 200-day simple moving average is $7.01.

Bloomin’ Brands (NASDAQ:BLMN) last issued its earnings results on Wednesday, May 6th. The restaurant operator reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.10. The business had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.04 billion. Bloomin’ Brands had a net margin of 0.55% and a return on equity of 28.00%. The company’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.59 EPS. Bloomin’ Brands has set its FY 2026 guidance at 0.750-0.900 EPS and its Q2 2026 guidance at 0.270-0.320 EPS. On average, research analysts predict that Bloomin’ Brands, Inc. will post 0.88 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Quarry LP purchased a new position in Bloomin’ Brands during the 4th quarter worth $25,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Bloomin’ Brands by 83,825.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,357 shares of the restaurant operator’s stock worth $29,000 after buying an additional 3,353 shares during the period. Hilton Head Capital Partners LLC purchased a new stake in shares of Bloomin’ Brands in the 4th quarter worth $31,000. PNC Financial Services Group Inc. grew its position in shares of Bloomin’ Brands by 44.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,431 shares of the restaurant operator’s stock worth $34,000 after buying an additional 1,662 shares in the last quarter. Finally, GAMMA Investing LLC grew its position in shares of Bloomin’ Brands by 50.9% during the 4th quarter. GAMMA Investing LLC now owns 6,221 shares of the restaurant operator’s stock worth $38,000 after buying an additional 2,099 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.