BLMN

Bloomin' Brands Inc

Consumer


Presented:04/14/2015
Price:$22.92
Cap:$2.84B
Current Price:$15.78
Cap:$1.34B

Presented

Date04/14/2015
Price$22.92
Market Cap$2.84B
Ent Value$4.02B
P/E Ratio32.3x
Book Value$4.41
Div Yield1.05%
Shares O/S0.00M
Ave Daily Vol2,020,000
Short Int3.29%

Current

Price$15.78
Market Cap$1.34B
Bloomin’ Brands, Inc., through its subsidiaries, owns and operates casual, upscale casual, and fine dining restaurants primarily in the United States. The company operates restaurants under various concepts, including Outback Steakhouse, a casual steakhouse restaurant; Carrabba’s Italian Grill, a casual Italian restaurant; Bonefish Grill, an upscale casual seafood restaurant; and Fleming’s Prime Steakhouse & Wine Bar, a contemporary steakhouse. As of December 28, 2014, it owned and operated 1,344 restaurants and franchised 166 restaurants in 48 states, Puerto Rico, Guam, and 21 countries. The company was incorporated in 2006 and is headquartered in Tampa, Florida.

Publicly traded companies mentioned herein: Bloomin’ Brands Inc (BLMN), Brinker International Inc (EAT), Darden Restaurants Inc (DRI)

Highlights

The presenter is long shares of Bloomin’ Brands (BLMN), citing undervaluation by the Street and a large opportunity in Brazil. The presenter targets $35 - $40 share prices in 2016.

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Idea Discussion

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