With 1.46 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.89 million shares. The 52-week range on BLMN shows that it touched its highest point at $21.45 and its lowest point at $6.09 during that stretch. It currently has a 1-year price target of $8.81. With its current market cap of 644.77 million, BLMN has annualized dividend of $0.78 while the current yield stands at 10.29%. Beta for the stock currently stands at 1.29.
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 -0.66%, but this was up by 4.41% over a month. Three-month performance dropped to -13.77% while six-month performance fell -41.69%. The stock lost -63.26% in the past year, while it has lost -37.92% so far this year. A look at the trailing 12-month EPS for BLMN yields -0.04 with Next year EPS estimates of 1.25. For the next quarter, that number is 0.26. This implies an EPS growth rate of -32.65% for this year and 4.09% for next year.
Float and Shares Shorts:
At present, 84.99 million BLMN shares are outstanding with a float of 83.15 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 $0.16 and the low estimate is -$0.06. The average estimate for the next quarter is thus $0.06.
