Bloomin’ Brands, Inc., through its subsidiaries, owns and operates casual, upscale casual, and fine dining restaurants in the United States and internationally. The company operates through two segments, U.S. and International. Its restaurant portfolio has four concepts, including Outback Steakhouse, a casual steakhouse restaurant; Carrabba’s Italian Grill, a casual Italian restaurant; Bonefish Grill; and Fleming’s Prime Steakhouse & Wine Bar, a contemporary steakhouse. The company was founded in 1988 and is based in Tampa, Florida.
Analyst Outlook | Discover varied analyst perspectives, with price targets ranging from $19 to $30, reflecting mixed views on Bloomin' Brands' turnaround potential |
Market Challenges | Uncover the persistent headwinds facing the casual dining sector, including shifting consumer preferences and intense competition from fast-casual concepts |
Financial Headwinds | Delve into the company's recent underperformance, with Q3 2024 results falling short of expectations and downward revisions to Q4 guidance |
Strategic Pivot | Explore Bloomin' Brands' refranchising of Brazilian operations and leadership change, signaling a renewed focus on core U.S. market and operational efficiency |
Metrics to compare | BLMN | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipBLMNPeersSector | |
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P/E Ratio | −206.9x | 49.8x | 10.8x | |
PEG Ratio | 2.02 | −0.15 | 0.02 | |
Price / Book | 4.5x | 1.6x | 1.4x | |
Price / LTM Sales | 0.2x | 3.1x | 0.9x | |
Upside (Analyst Target) | 24.1% | 41.7% | 20.1% | |
Fair Value Upside | Unlock | 6.5% | 6.4% | Unlock |