Barclays analyst Jeff Bernstein downgrades $Bloomin Brands (BLMN.US)$ to a hold rating, and adjusts the target price from $19 to $13.
According to TipRanks data, the analyst has a success rate of 57.5% and a total average return of 4.7% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Bloomin Brands (BLMN.US)$'s main analysts recently are as follows:
The outlook for the U.S. restaurant sector sales by 2025 appears more positive as expectations for an improving U.S. macro backdrop and industry environment are anticipated. Margins for many companies could enhance in 2025 due to benign food inflation, although variables like traffic, ongoing labor inflation, and elevated discounting activities could pose risks.
The company is anticipated to project a very modest increase in comparable growth for 2025, potentially marking another challenging year. Consistent with this outlook, unit expansion is likely to be minimal, which may only support low single-digit revenue growth at best. With significant headwinds in comparable sales, stagnant unit growth, and scarce earnings leverage, the shares are expected to continue underperforming in 2025.
Note:
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