Bloomin' Brands (BLMN) Shares Soar 3.10% Amid Analyst Downgrade

Bloomin' Brands (BLMN) shares rose to their highest level since February 2025 today, with an intraday gain of 3.10%.

The strategy of buying BLMN shares after they reach a recent high and holding for one week resulted in poor performance over the past five years. The strategy yielded a return of -59.81%, significantly underperforming the benchmark return of 56.81%. With an excess return of -116.62% and a CAGR of -31.21%, the strategy faced substantial losses and did not capitalize on market gains. Additionally, the strategy had a high maximum drawdown of -79.29%, indicating significant volatility, and a Sharpe ratio of -0.66, suggesting that the risk-adjusted returns were unfavorable.

Bloomin' Brands' stock price has been influenced by recent analyst actions. BMO Capital Markets lowered their price target on shares of Bloomin' Brands from $16.00 to $12.00 and set a "market perform" rating for the company. This change in analyst ratings and price targets could significantly influence investor sentiment and impact the stock price.