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

Generated by AI AgentAinvest Movers Radar
Tuesday, Jun 17, 2025 6:18 pm ET1min read
BLMN--

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

The strategy of buying BLMNBLMN-- 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. BMOJETD-- Capital Markets lowered their price target on shares of Bloomin' BrandsBLMN-- 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.


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