UBS analyst Dennis Geiger maintains $Bloomin Brands (BLMN.US)$ with a hold rating, and adjusts the target price from $18 to $13.
According to TipRanks data, the analyst has a success rate of 59.3% and a total average return of 6.3% 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's sales into 2025 appears more promising. Analyst projections suggest a modest improvement in the U.S. macro backdrop and industry environment, which is expected to lead to improved margins for many companies due to benign food inflation. Key variables, however, include traffic as well as the risks associated with reduced pricing, ongoing labor inflation, and heightened levels of discounting activity.
The company is anticipated to project comparable growth in the very low single-digit range for 2025, which could pose a risk of another negative year, with expected unit growth remaining relatively flat. This scenario is likely to support only low-single-digit revenue growth. Given the significant comparable headwinds, lack of unit growth, and limited earnings leverage, the shares are expected to continue underperforming in 2025.
Note:
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