With 1.82 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.75 million shares. The 52-week range on BLMN shows that it touched its highest point at $30.12 and its lowest point at $10.85 during that stretch. It currently has a 1-year price target of $14.42. With its current market cap of 989.27 million, BLMN has annualized dividend of $0.96 while the current yield stands at 8.23%. Beta for the stock currently stands at 2.01.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BLMN was up-trending over the past week, with a rise of 5.05%, but this was down by -5.36% over a month. Three-month performance dropped to -7.17% while six-month performance fell -35.54%. The stock lost -56.41% in the past year, while it has lost -4.50% so far this year. A look at the trailing 12-month EPS for BLMN yields -0.11 with Next year EPS estimates of 1.77. For the next quarter, that number is 0.37. This implies an EPS growth rate of -38.91% for this year and -0.97% for next year. EPS is expected to decline by -11.54% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 17.64%.
Float and Shares Shorts:
At present, 84.83 million BLMN shares are outstanding with a float of 83.08 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BLMN since 9 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.85952 being high and $1.67058 being low. For BLMN, this leads to a yearly average estimate of $1.78991. Based on analyst estimates, the high estimate for the next quarter is $0.76 and the low estimate is $0.57. The average estimate for the next quarter is thus $0.68.
