NasdaqGS:BLMN

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Bloomin' Brands, Inc., through its subsidiaries, owns and operates casual, upscale casual, and fine dining restaurants in the United States and internationally. More Details


Snowflake Analysis

Reasonable growth potential and slightly overvalued.


Similar Companies

Share Price & News

How has Bloomin' Brands's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BLMN's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-0.6%

BLMN

-2.5%

US Hospitality

-2.4%

US Market


1 Year Return

-8.6%

BLMN

-16.2%

US Hospitality

18.2%

US Market

Return vs Industry: BLMN exceeded the US Hospitality industry which returned -15.7% over the past year.

Return vs Market: BLMN underperformed the US Market which returned 19.5% over the past year.


Shareholder returns

BLMNIndustryMarket
7 Day-0.6%-2.5%-2.4%
30 Day13.4%-1.9%4.2%
90 Day60.4%11.3%6.3%
1 Year-7.3%-8.6%-14.9%-16.2%20.9%18.2%
3 Year2.0%-3.2%-12.1%-17.7%41.2%31.8%
5 Year5.8%-2.7%14.7%2.7%84.8%63.9%

Price Volatility Vs. Market

How volatile is Bloomin' Brands's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Bloomin' Brands undervalued compared to its fair value and its price relative to the market?

32.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BLMN ($17.11) is trading below our estimate of fair value ($25.3)

Significantly Below Fair Value: BLMN is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BLMN is unprofitable, so we can't compare its PE Ratio to the US Hospitality industry average.

PE vs Market: BLMN is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BLMN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BLMN is overvalued based on its PB Ratio (70x) compared to the US Hospitality industry average (2.4x).


Next Steps

Future Growth

How is Bloomin' Brands forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?

102.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BLMN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: BLMN is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: BLMN's is expected to become profitable in the next 3 years.

Revenue vs Market: BLMN's revenue (7% per year) is forecast to grow slower than the US market (10% per year).

High Growth Revenue: BLMN's revenue (7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BLMN's Return on Equity is forecast to be very high in 3 years time (52.9%).


Next Steps

Past Performance

How has Bloomin' Brands performed over the past 5 years?

-9.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BLMN is currently unprofitable.

Growing Profit Margin: BLMN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BLMN is unprofitable, and losses have increased over the past 5 years at a rate of 9.8% per year.

Accelerating Growth: Unable to compare BLMN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BLMN is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (-49.7%).


Return on Equity

High ROE: BLMN has a negative Return on Equity (-302.02%), as it is currently unprofitable.


Next Steps

Financial Health

How is Bloomin' Brands's financial position?


Financial Position Analysis

Short Term Liabilities: BLMN's short term assets ($327.6M) do not cover its short term liabilities ($810.8M).

Long Term Liabilities: BLMN's short term assets ($327.6M) do not cover its long term liabilities ($2.6B).


Debt to Equity History and Analysis

Debt Level: BLMN's debt to equity ratio (4272.7%) is considered high.

Reducing Debt: BLMN's debt to equity ratio has increased from 256.7% to 4272.7% over the past 5 years.

Debt Coverage: BLMN's debt is not well covered by operating cash flow (14.6%).

Interest Coverage: BLMN is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Bloomin' Brands's current dividend yield, its reliability and sustainability?

1.48%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BLMN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BLMN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BLMN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BLMN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: BLMN is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BLMN's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.4yrs

Average management tenure


CEO

Dave Deno (62 yo)

1.5yrs

Tenure

US$7,980,859

Compensation

Mr. David J. Deno, also known as Dave, has been Chief Executive Officer at Bloomin' Brands, Inc. since 2019 and was its Chief Financial & Administrative Officer since November 2013 until 2019 and was its E ...


CEO Compensation Analysis

Compensation vs Market: Dave's total compensation ($USD7.98M) is above average for companies of similar size in the US market ($USD4.44M).

Compensation vs Earnings: Dave's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
David Deno
CEO & Director1.5yrsUS$7.98m0.13%
$ 2.0m
Christopher Meyer
Executive VP & CFO1.5yrsUS$2.34m0.020%
$ 292.0k
Kelly Lefferts
Executive VP1.25yrsUS$1.65m0.044%
$ 656.6k
Elizabeth Smith
Executive Director10.92yrsUS$5.48m0.59%
$ 8.8m
Gregg Scarlett
Executive VP & COO of Casual Dining Restaurantsno dataUS$2.14m0.10%
$ 1.5m
Michael Stutts
Executive VP & Chief Customer Officer1.33yrsUS$1.92mno data
Mark Graff
Vice President of Investor Relations and Corporate Financeno datano datano data
Beth Scott
Senior Vice President of Fine Dining3.17yrsno datano data
Michael Healy
Senior VP and Global Supply Chain Officer & Brand Strategy1.42yrsno datano data
Annette Rodriguez
Senior Vice President of U.S Development & Franchising0.83yrno datano data
Pierre Berenstein
President of Bloomin’ Brands Brazil3.42yrsno datano data
Brett Patterson
Senior VP & President of Outback Steakhouse0.67yrno datano data

1.4yrs

Average Tenure

53yo

Average Age

Experienced Management: BLMN's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
David Deno
CEO & Director1.5yrsUS$7.98m0.13%
$ 2.0m
Elizabeth Smith
Executive Director10.92yrsUS$5.48m0.59%
$ 8.8m
Lawrence Jackson
Director0.25yrno datano data
Wendy Beck
Independent Director2.67yrsUS$217.50k0.0059%
$ 86.7k
James Craigie
Independent Chairman of the Board0.58yrUS$285.00k0.037%
$ 543.2k
John Mahoney
Independent Director8.42yrsUS$240.00k0.043%
$ 632.6k
R. Mohan
Independent Director3yrsUS$217.50k0.0093%
$ 136.8k
John Gainor
Director0.25yrno data0.069%
$ 1.0m
Tara Levy
Independent Director7.25yrsUS$220.00k0.034%
$ 496.0k
David Fitzjohn
Independent Director6.67yrsUS$227.65k0.022%
$ 319.0k

2.8yrs

Average Tenure

62.5yo

Average Age

Experienced Board: BLMN's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Bloomin' Brands, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Bloomin' Brands, Inc.
  • Ticker: BLMN
  • Exchange: NasdaqGS
  • Founded: 2006
  • Industry: Restaurants
  • Sector: Consumer Services
  • Market Cap: US$1.478b
  • Shares outstanding: 86.36m
  • Website: https://www.bloominbrands.com

Number of Employees


Location

  • Bloomin' Brands, Inc.
  • 2202 North West Shore Boulevard
  • Suite 500
  • Tampa
  • Florida
  • 33607
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BLMNNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDAug 2012
BOODB (Deutsche Boerse AG)YesCommon StockDEEURAug 2012

Biography

Bloomin' Brands, Inc., through its subsidiaries, owns and operates casual, upscale casual, and fine dining restaurants in the United States and internationally. Its restaurant portfolio has four concepts, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/20 00:48
End of Day Share Price2020/10/19 00:00
Earnings2020/06/28
Annual Earnings2019/12/29


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.