This summary was created by AI, based on 1 opinions in the last 12 months.
Based on the reviews from different experts, it seems that Bloomin' Brands (BLMN-Q) has potential for growth under the new investor, Starboard. The company's current valuation is lower compared to its peers, and there is optimism that Starboard could turn the chain around, as they have with other companies in the past. However, the last quarter's results were not as strong as expected, resulting in a decline in stock value. Overall, there is a sense of cautious optimism regarding the future of BLMN.
Bloomin' Brands is a American stock, trading under the symbol BLMN-Q on the NASDAQ (BLMN). It is usually referred to as NASDAQ:BLMN or BLMN-Q
In the last year, 1 stock analyst published opinions about BLMN-Q. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Bloomin' Brands.
Bloomin' Brands was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Bloomin' Brands.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year 1 stock analyst on Stockchase covered Bloomin' Brands. The stock is worth watching.
On 2024-04-25, Bloomin' Brands (BLMN-Q) stock closed at a price of $26.99.
Given the impressive track record of new investor, Starboard (Papa John's and Dardens), BLMN looks promising. Trades at 9.4x PE this year, lower than Darden, Cracker Barrel and other peers. Their last quarter delivered in-line sales and decent earnings, but the bar was low. Domestic sales grew only 0.8%. Stocks tumbled after that report. Something's wrong here. So, Starboard could turn this chain around like they've done with other chains.