Brinker International, Inc. (NYSE:EAT) Given Average Rating of “Moderate Buy” by Analysts

Shares of Brinker International, Inc. (NYSE:EATGet Free Report) have earned an average rating of “Moderate Buy” from the twenty-three brokerages that are presently covering the stock, MarketBeat Ratings reports. Seven analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $238.05.

Several analysts recently issued reports on EAT shares. Barclays upped their price objective on shares of Brinker International from $170.00 to $175.00 and gave the company an “equal weight” rating in a research note on Thursday, April 30th. Citigroup boosted their target price on Brinker International from $227.00 to $282.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. Bank of America upped their price target on Brinker International from $224.00 to $310.00 and gave the company a “buy” rating in a research report on Friday, August 14th. TD Cowen increased their price target on Brinker International from $210.00 to $270.00 and gave the company a “buy” rating in a report on Wednesday, August 12th. Finally, UBS Group lifted their price objective on Brinker International from $190.00 to $260.00 and gave the stock a “buy” rating in a research report on Monday, August 10th.

Read Our Latest Analysis on Brinker International

Brinker International Stock Performance

Shares of EAT opened at $246.06 on Monday. Brinker International has a 52-week low of $100.30 and a 52-week high of $253.71. The company has a quick ratio of 0.40, a current ratio of 0.45 and a debt-to-equity ratio of 0.95. The firm’s fifty day moving average is $195.50 and its two-hundred day moving average is $163.53. The stock has a market cap of $10.28 billion, a PE ratio of 22.60, a price-to-earnings-growth ratio of 1.27 and a beta of 1.24.

Brinker International (NYSE:EATGet Free Report) last issued its earnings results on Wednesday, August 12th. The restaurant operator reported $3.07 EPS for the quarter, missing analysts’ consensus estimates of $3.09 by ($0.02). The business had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.53 billion. Brinker International had a net margin of 8.39% and a return on equity of 122.35%. Brinker International’s quarterly revenue was up 5.1% on a year-over-year basis. During the same quarter last year, the company earned $2.30 earnings per share. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. Research analysts forecast that Brinker International will post 13.24 earnings per share for the current fiscal year.

Insider Buying and Selling at Brinker International

In other Brinker International news, SVP Daniel S. Fuller sold 9,960 shares of Brinker International stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $243.43, for a total transaction of $2,424,562.80. Following the transaction, the senior vice president directly owned 32,086 shares of the company’s stock, valued at $7,810,694.98. The trade was a 23.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Douglas N. Comings sold 5,000 shares of the business’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $236.29, for a total transaction of $1,181,450.00. Following the completion of the transaction, the chief operating officer owned 17,527 shares in the company, valued at $4,141,454.83. The trade was a 22.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 133,105 shares of company stock worth $32,070,729. Corporate insiders own 1.43% of the company’s stock.

Institutional Trading of Brinker International

Several institutional investors have recently made changes to their positions in EAT. Transamerica Financial Advisors LLC grew its position in Brinker International by 570.4% in the fourth quarter. Transamerica Financial Advisors LLC now owns 181 shares of the restaurant operator’s stock worth $26,000 after acquiring an additional 154 shares during the period. Caitong International Asset Management Co. Ltd purchased a new stake in Brinker International in the third quarter valued at $25,000. Kilter Group LLC acquired a new position in shares of Brinker International in the 2nd quarter valued at $35,000. Allworth Financial LP grew its holdings in shares of Brinker International by 58.5% during the 3rd quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock worth $28,000 after purchasing an additional 83 shares during the period. Finally, CoreCap Advisors LLC grew its holdings in shares of Brinker International by 33,000.0% during the 2nd quarter. CoreCap Advisors LLC now owns 331 shares of the restaurant operator’s stock worth $56,000 after purchasing an additional 330 shares during the period.

About Brinker International

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Brinker International (NYSE:EAT)

Receive News & Ratings for Brinker International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brinker International and related companies with MarketBeat.com's FREE daily email newsletter.