Loews Corporation (L) And Bloomin’ Brands, Inc. (BLMN): The Dust Has Settled

1 analysts out of 2 Wall Street brokerage firms rate Loews Corporation (NYSE:L) as a Buy, while 0 see it as a Sell. The rest 1 describe it as a Hold. L stock traded higher to an intra-day high of $53.52. At one point in session, its potential discontinued and the price was down to lows at $53.09. Analysts have set L’s consensus price at $55, effectively giving it a 3.05% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $55 (up 3.05% from current price levels). L has a 3.9% ROE, lower than the 8.33% average for the industry. The average ROE for the sector is 16.23%.

It is expected that in Jun 2019 quarter L will have an EPS of $0.77, suggesting a 1.32% growth. For Sep 2019 is projected at $0.66. It means that there could be a -25% growth in the quarter. Yearly earnings are expected to rise by 19.72% to about $3.4. As for the coming year, growth will be about 2.94%, lifting earnings to $3.5. RSI after the last trading period was 62.95. L recorded a change of -0.61% over the past week and returned 11.44% over the last three months while the L stock’s monthly performance revealed a shift in price of 4.71%. The year to date (YTD) performance stands at 17.25%, and the bi-yearly performance specified an activity trend of 18.97% while the shares have moved 7.21% for the past 12 months.

Loews Corporation (L) currently trades at $53.37, which is higher by 0.13% its previous price. It has a total of 304.1 million outstanding shares, with an ATR of around 0.71. The company’s stock volume dropped to 0.68 million, worse than 1.08 million that represents its 50-day average. A 5-day decrease of about -0.61% in its price means L is now 17.25% higher on year-to-date. The shares have surrendered $43406.63 since its $54.30 52-week high price recorded on 11th of June 2019. Overall, it has seen a growth rate of 7.21 over the last 12 months. The current price per share is $11.31 above the 52 week low of $42.06 set on 26th of December 2018.

Bloomin’ Brands, Inc. (NASDAQ:BLMN) shares appreciated 0.15% over the last trading period, taking overall 5-day performance up to 4.86%. BLMN’s price now at $19.85 is greater than the 50-day average of $19.65. Getting the trading period increased to 200 days, the stock price was seen at $19.73 on average. The general public currently hold control of a total of 90.73 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 91.75 million. The company’s management holds a total of 0.9%, while institutional investors hold about 97.8% of the remaining shares. BLMN share price finished last trade 2.14% above its 20 day simple moving average and its upbeat gap from 200 day simple moving average is 0.65%, while closing the session with 0.98% distance from 50 day simple moving average.

Bloomin’ Brands, Inc. (BLMN) shares were last observed trading -14.29% down since June 21, 2018 when the peak of $23.16 was hit. Last month’s price growth of -1.68% puts BLMN performance for the year now at 10.96%. Consequently, the shares price is trending higher by 16.22%, a 52-week worst price since Dec. 24, 2018. However, it is regaining value with 7.41% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $19.42 and $19.63. The immediate resistance area is now $20.18 Williams’s %R (14) for BLMN moved to 20.45 while the stochastic %K points at 67.34.

BLMN’s beta is 0.29; meaning investors could reap lower returns, although it also poses lower risks. The company allocated $1.14 per share from its yearly profit to its outstanding shares. Its last reported revenue is $1.13 billion, which was 1% versus $1.12 billion in the corresponding quarter last year. The EPS for Mar 19 quarter came in at $0.75 compared to $0.71 in the year-ago quarter and had represented 6% year-over-year earnings per share growth. BLMN’s ROA is 3.9%, lower than the 7.19% industry average. Although a more robust percentage would be better, consideration is given to how well peers within the industry performed. Companies within the sector had an ROA of 6.87%.

Estimated quarterly earnings for Bloomin’ Brands, Inc. (NASDAQ:BLMN) are around $0.35 per share in three months through June with $0.11 also the estimate for September quarter of the fiscal year. It means the growth is estimated at -7.89% and 10%, respectively. Analysts estimate full-year growth to be 5.33%, the target being $1.58 a share. The upcoming year will see an increase in growth by percentage to 8.23%, more likely to see it hit the $1.71 per share. The firm’s current profit margin over the past 12 months is 2.6%. BLMN ranks lower in comparison to an average of 5.91% for industry peers; while the average for the sector is 13.21%.