Bloomin Brands (BLMN) : During the past 4 weeks, traders have been relatively bearish on Bloomin Brands (BLMN), hence the stock is down -4.33% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.84% relative to the S&P 500. The 4-week change in the price of the stock is -6.26% and the stock has fallen -2.32% in the past 1 week.
The stock has recorded a 20-day Moving Average of 5.62% and the 50-Day Moving Average is 3.28%.The 200 Day SMA reached 2% Bloomin Brands, Inc. has dropped 2.42% during the last 3-month period . Year-to-Date the stock performance stands at 8.48%.
Bloomin Brands (BLMN) : Average target price received by Bloomin Brands (BLMN) is $20.5 with an expected standard deviation of $1.64. The most aggressive target on the stock is $22, whereas the most downbeat target is $18. 6 financial analysts are currently covering the stock.
For the current week, the company shares have a recommendation consensus of Buy. Bloomin Brands (NASDAQ:BLMN): stock was range-bound between the intraday low of $18.04 and the intraday high of $18.49 after having opened at $18.15 on Fridays session. The stock finally closed in the red at $18.15, a loss of -0.17%. The stock remained in the red for the whole trading day. The total traded volume was 992,165 shares. The stock failed to cross $18.49 in Fridays trading. The stocks closing price on Thursday was $18.11.
Bloomin Brands, Inc. is a holding company engaged in operating casual dining restaurants. The Company has a portfolio of four restaurant concept: Outback Steakhouse, Carrabbas Italian Grill, Bonefish Grill and Flemings Prime Steakhouse & Wine Bar. As of December 28, 2014, the Company owned and operated 1,344 restaurants and franchised 166 restaurants across 48 states, Puerto Rico, Guam and 21 countries. The Companys business unit Bloomin Brands International is engaged in developing and operating its restaurants outside of the United States. Outback Steakhouse is a casual steakhouse restaurant focused on steaks, flavors and Australian decor. Carrabbas Italian Grill is a casual Italian restaurant. Bonefish Grill is a casual seafood restaurant, which offers grilled fish. Flemings Prime Steakhouse & Wine Bar is a steakhouse, which offers beef, seafood and pork and chicken entrees, accompanied by an assortment of salads and side dishes.