With 3.55 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.12 million shares. The 52-week range on BLMN shows that it touched its highest point at $30.12 and its lowest point at $8.00 during that stretch. It currently has a 1-year price target of $12.04. With its current market cap of 746.54 million, BLMN has annualized dividend of $0.72 while the current yield stands at 8.19%. Beta for the stock currently stands at 1.70.
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 down-trending over the past week, with a drop of -6.29%, but this was down by -29.68% over a month. Three-month performance dropped to -32.38% while six-month performance fell -49.22%. The stock lost -69.54% in the past year, while it has lost -28.01% so far this year. A look at the trailing 12-month EPS for BLMN yields -1.50 with Next year EPS estimates of 1.47. For the next quarter, that number is 0.58. This implies an EPS growth rate of -25.30% for this year and 10.20% for next year.
Float and Shares Shorts:
At present, 84.85 million BLMN shares are outstanding with a float of 83.12 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 $0.51 and the low estimate is $0.32. The average estimate for the next quarter is thus $0.38.
