Bloomin’ Brands Intrinsic Value Calculation – Bank of America Raises Bloomin’ Brands PT to $30.00: Defense World Reports
July 26, 2023
☀️Trending News
Bank of America recently raised Bloomin’ Brands ($NASDAQ:BLMN)’ price target to $30.00, as reported by Defense World. Bloomin’ Brands is an American company that owns and operates numerous casual and fine dining restaurants. It operates several flagship brands such as Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill, and Fleming’s Prime Steakhouse & Wine Bar, along with other smaller brands including Roy’s Hawaiian Fusion Cuisine. The company also offers catering services, gift cards, and online ordering.
This news could be a sign of optimism that the company is well-positioned to succeed in the upcoming months, or even a suggestion to investors that now is a good time to buy the stock. Either way, this new target price could be good news for those looking to invest in Bloomin’ Brands.
Stock Price
On Monday, BLOOMIN’ BRANDS stock opened at $27.8 and closed at $27.5, representing a decrease in stock value of 1.0% from the prior closing price of 27.8. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Bloomin’ Brands. More…
| Total Revenues | Net Income | Net Margin |
| 4.52k | 117.71 | 4.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Bloomin’ Brands. More…
| Operations | Investing | Financing |
| 390.92 | -201.14 | -195.5 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Bloomin’ Brands. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.23k | 2.91k | 3.1 |
Key Ratios Snapshot
Some of the financial key ratios for Bloomin’ Brands are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.0% | 45.6% | 4.8% |
| FCF Margin | ROE | ROA |
| 3.8% | 50.3% | 4.2% |
Analysis – Bloomin’ Brands Intrinsic Value Calculation
At GoodWhale, we conducted an analysis of BLOOMIN’ BRANDS‘s wellbeing. After crunching the numbers, our proprietary Valuation Line determined that the intrinsic value of BLOOMIN’ BRANDS share is around $25.6. Currently, BLOOMIN’ BRANDS stock is trading at $27.5, which is a fair price but slightly overvalued by 7.2%. We believe that investors should watch the stock over the coming months to see if the company can maintain the current price or if it will eventually settle closer to its intrinsic value. More…
Peers
Bloomin Brands Inc. is an international restaurant company that owns and operates several casual dining restaurant chains. Its competitors include Rave Restaurant Group Inc, Alsea SAB de CV, and BJ’s Restaurants Inc.
– Rave Restaurant Group Inc ($NASDAQ:RAVE)
Rave Restaurant Group Inc is a publicly traded company that owns and operates several restaurant brands, including Pizza Inn and Pie Five Pizza Co. As of 2022, the company had a market capitalization of $31 million and a return on equity of 14.79%. The company’s restaurants are located in the United States, Canada, and Puerto Rico.
– Alsea SAB de CV ($OTCPK:ALSSF)
Alsea SAB de CV is a Mexican food and beverage company with a market cap of 1.53B as of 2022. The company has a Return on Equity of 52.23%. Alsea SAB de CV operates in Mexico, Argentina, Chile, Colombia, and Brazil. The company operates through four segments: Mexico, South America, Central America, and Direct Operations. The company offers a variety of food and beverage products under the brands of Starbucks, Domino’s Pizza, Burger King, Havanna, Pizza Hut, and others.
– BJ’s Restaurants Inc ($NASDAQ:BJRI)
BJ’s Restaurants Inc is a leading operator of casual dining restaurants in the United States. The company operates over 190 restaurants in 26 states. BJ’s Restaurants Inc offers a variety of menu items, including pizzas, burgers, sandwiches, and salads. The company also offers a variety of alcoholic beverages. BJ’s Restaurants Inc has a market cap of 764.37M as of 2022, a Return on Equity of -3.52%. The company’s focus on quality food and beverages, friendly service, and value pricing has made it a popular destination for casual dining.
Summary
Bloomin’ Brands Inc. has recently seen its share price raised to $30.00 by Bank of America’s equity research team. With a strong competitive position in the casual dining market and a proactive approach to cost cutting, Bloomin’ Brands looks set to continue its momentum and reward long-term shareholders.
