Brinker International (NYSE:EAT) Upgraded at Raymond James Financial

Raymond James Financial upgraded shares of Brinker International (NYSE:EATFree Report) from a market perform rating to an outperform rating in a research note published on Wednesday morning, Marketbeat.com reports. They currently have $195.00 price objective on the restaurant operator’s stock.

Other analysts also recently issued reports about the company. Weiss Ratings restated a “hold (c+)” rating on shares of Brinker International in a research note on Monday, December 29th. The Goldman Sachs Group reduced their price target on Brinker International from $207.00 to $180.00 and set a “buy” rating for the company in a report on Tuesday, September 30th. Citigroup lifted their price objective on Brinker International from $176.00 to $187.00 and gave the stock a “buy” rating in a report on Friday, January 9th. JPMorgan Chase & Co. upped their target price on Brinker International from $155.00 to $160.00 and gave the company an “overweight” rating in a research report on Thursday, December 11th. Finally, Mizuho increased their target price on Brinker International from $155.00 to $175.00 and gave the company an “outperform” rating in a research note on Friday, January 9th. Thirteen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $184.72.

Check Out Our Latest Stock Report on EAT

Brinker International Stock Up 0.1%

Shares of EAT opened at $162.55 on Wednesday. Brinker International has a fifty-two week low of $100.30 and a fifty-two week high of $192.21. The firm has a market cap of $7.22 billion, a PE ratio of 16.86, a price-to-earnings-growth ratio of 1.24 and a beta of 1.34. The company has a quick ratio of 0.29, a current ratio of 0.35 and a debt-to-equity ratio of 1.53. The company’s fifty day moving average is $148.66 and its two-hundred day moving average is $144.52.

Brinker International (NYSE:EATGet Free Report) last released its quarterly earnings data on Wednesday, October 29th. The restaurant operator reported $1.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.17. The company had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.32 billion. Brinker International had a net margin of 7.94% and a return on equity of 164.66%. The business’s quarterly revenue was up 18.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.95 earnings per share. Brinker International has set its FY 2026 guidance at 9.900-10.50 EPS. Analysts forecast that Brinker International will post 8.3 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. NewEdge Advisors LLC grew its stake in Brinker International by 1,118.9% during the 1st quarter. NewEdge Advisors LLC now owns 1,158 shares of the restaurant operator’s stock worth $173,000 after buying an additional 1,063 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of Brinker International by 266.7% during the second quarter. Farther Finance Advisors LLC now owns 693 shares of the restaurant operator’s stock valued at $125,000 after acquiring an additional 504 shares during the period. GAMMA Investing LLC grew its position in shares of Brinker International by 43.2% during the second quarter. GAMMA Investing LLC now owns 1,121 shares of the restaurant operator’s stock worth $202,000 after acquiring an additional 338 shares during the last quarter. AdvisorNet Financial Inc bought a new position in shares of Brinker International during the second quarter worth about $33,000. Finally, Public Employees Retirement System of Ohio increased its holdings in shares of Brinker International by 253.6% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 1,312 shares of the restaurant operator’s stock worth $237,000 after acquiring an additional 941 shares during the period.

Key Stories Impacting Brinker International

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Brinker International Company Profile

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Brinker International, Inc (NYSE: EAT) is a leading global operator of casual dining restaurants. The company’s portfolio is anchored by its flagship Chili’s® Grill & Bar concept and Maggiano’s® Little Italy full‐service restaurants, offering a range of American‐style menu items, handcrafted cocktails and family‐friendly dining experiences. Through dine‐in, takeout, delivery and catering services, Brinker seeks to meet consumer preferences across multiple channels.

The Chili’s brand features signature items such as baby back ribs, burgers and fajitas alongside a rotating selection of limited‐time offerings and seasonal beverages.

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Analyst Recommendations for Brinker International (NYSE:EAT)

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