{"id":37049,"date":"2015-10-21T11:44:48","date_gmt":"2015-10-21T15:44:48","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=37049"},"modified":"2015-10-21T11:44:48","modified_gmt":"2015-10-21T15:44:48","slug":"bloomin-brands-inc-nasdaqblmn-receives-a-short-term-hold-rating-from-zacks","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/bloomin-brands-inc-nasdaqblmn-receives-a-short-term-hold-rating-from-zacks-37049","title":{"rendered":"Bloomin&#8217; Brands Inc (NASDAQ:BLMN) Receives A Short-Term Hold Rating From Zacks"},"content":{"rendered":"<p style=\"text-align: justify;\">Zacks analysis has issued a 3-point rating to the shares of <strong>Bloomin&#8217; Brands Inc (NASDAQ:BLMN)<\/strong>, thus calling for an overall hold rating on the shares.<\/p>\n<p style=\"text-align: justify;\">The rating was compiled from the projections of 12 financial firms where one firm issued a hold rating; three firms recommended a buy rating and the remaining eight firms pointed to a strong buy recommendation. The overall analysis reported a 1.54 rating on Zacks\u2019 scale. The company\u2019s share price targets for the short term have been projected at $25.7. Analysts expect the value to deviate by 2.71. The price estimate range has been set at $30 on the upper side and $23 on the lower side.<\/p>\n<p style=\"text-align: justify;\">Bloomin Brands experienced a decline in its market capitalization when shares dropped by 0.62% on Tuesday. The day\u2019s trading session opened at $19.22 and closed at $19.18 thus an overall decline. The shares hit the day\u2019s high at $19.44 while the lowest value was $19.12. BLMN\u2019s trading volume for the day was 1,246,637 shares. The company\u2019s outstanding shares amounted to are 122,637,497 on a 52-week period while the highest share price for the period was $26 and a 52-week low of $21.60.<\/p>\n<p style=\"text-align: justify;\">BLMN shares rose by 3.96% over the past week, but a four-week analysis indicates a 3.86% decline. The share performance was positive against the S&amp;P 500 with a 3.03% margin over the previous week and negative performance by 7.41% over the past one month.<\/p>\n<p style=\"text-align: justify;\">Insider buying and selling activities indicate that the company\u2019s director, Levy Tara Walpert carried out a transaction worth $75 on March 19. Three shares were transferred at an average share price of 24.88. The information was delivered to the securities exchange through a Form 4 filing. Bloomin&#8217; Brands Inc (NASDAQ:BLMN) is a holding company with more than 1,268 restaurants in 19 countries by the end of December 2012. About 203 of them are operated as joint ventures or franchises in 48 states.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Zacks analysis has issued a 3-point rating to the shares of Bloomin&#8217; Brands Inc (NASDAQ:BLMN), thus calling for an overall hold rating on the shares. [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":37050,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236],"tags":[11817,11816,11818],"stock_ticker":[],"class_list":["post-37049","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-bloomin-brands-inc","tag-bloomin-brands-inc-nasdaqblmn","tag-nasdaqblmn","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bloomin&#039; Brands Inc (NASDAQ:BLMN) Receives A Short-Term Hold Rating From Zacks - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/bloomin-brands-inc-nasdaqblmn-receives-a-short-term-hold-rating-from-zacks-37049\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bloomin&#039; Brands Inc (NASDAQ:BLMN) Receives A Short-Term Hold Rating From Zacks - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"Zacks analysis has issued a 3-point rating to the shares of Bloomin&#8217; Brands Inc (NASDAQ:BLMN), thus calling for an overall hold rating on the shares. 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