Brinker International (NYSE:EAT) Price Target Raised to $258.00

Brinker International (NYSE:EAT – Free Report) had its target price upped by KeyCorp from $250.00 to $258.00 in a research note issued to investors on Thursday morning,Benzinga reports. They currently have an overweight rating on the restaurant operator’s stock.

Several other equities analysts also recently commented on the stock. UBS Group increased their target price on shares of Brinker International from $190.00 to $260.00 and gave the stock a “buy” rating in a research report on Monday, August 10th. Raymond James Financial raised Brinker International from an “outperform” rating to a “strong-buy” rating and reduced their price target for the stock from $270.00 to $260.00 in a research report on Friday, October 16th. TD Cowen upped their price target on Brinker International from $250.00 to $270.00 and gave the stock a “buy” rating in a research note on Thursday. Northcoast Research upgraded Brinker International from a “neutral” rating to a “buy” rating and set a $275.00 price target for the company in a research note on Tuesday, September 22nd. Finally, DA Davidson lowered their price objective on Brinker International from $240.00 to $210.00 and set a “neutral” rating on the stock in a report on Monday, September 21st. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, Brinker International currently has a consensus rating of “Moderate Buy” and a consensus price target of $249.80.

Check Out Our Latest Analysis on Brinker International

Brinker International Stock Performance

EAT stock opened at $212.27 on Thursday. The company has a quick ratio of 0.40, a current ratio of 0.34 and a debt-to-equity ratio of 1.13. The company has a market capitalization of $8.82 billion, a price-to-earnings ratio of 18.69, a P/E/G ratio of 1.14 and a beta of 1.25. Brinker International has a 12 month low of $100.30 and a 12 month high of $254.99. The firm has a 50 day moving average of $209.45 and a two-hundred day moving average of $174.58.

Brinker International (NYSE:EAT – Get Free Report) last released its quarterly earnings results on Wednesday, October 28th. The restaurant operator reported $2.77 earnings per share for the quarter, beating analysts’ consensus estimates of $2.45 by $0.32. The business had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.46 billion. Brinker International had a net margin of 8.44% and a return on equity of 125.65%. Brinker International’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same quarter last year, the firm earned $2.17 EPS. As a group, equities analysts anticipate that Brinker International will post 13.67 EPS for the current fiscal year.

Insider Transactions at Brinker International

In other news, Director James C. Katzman sold 650 shares of the business’s stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $220.09, for a total transaction of $143,058.50. Following the transaction, the director owned 25,094 shares in the company, valued at approximately $5,522,938.46. The trade was a 2.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Joseph DePinto sold 25,000 shares of the company’s stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $230.39, for a total transaction of $5,759,750.00. Following the transaction, the director directly owned 77,812 shares of the company’s stock, valued at $17,927,106.68. This represents a 24.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 213,694 shares of company stock worth $50,383,890. 1.18% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Brinker International

A number of institutional investors have recently added to or reduced their stakes in the company. Root Financial Partners LLC acquired a new position in Brinker International in the 3rd quarter valued at approximately $28,000. Kilter Group LLC bought a new stake in shares of Brinker International in the 2nd quarter worth approximately $35,000. CoreCap Advisors LLC lifted its position in shares of Brinker International by 33,000.0% in the 2nd quarter. CoreCap Advisors LLC now owns 331 shares of the restaurant operator’s stock worth $56,000 after acquiring an additional 330 shares during the period. Global Retirement Partners LLC acquired a new stake in shares of Brinker International during the 2nd quarter worth approximately $71,000. Finally, Parkside Financial Bank & Trust grew its holdings in shares of Brinker International by 881.2% during the 2nd quarter. Parkside Financial Bank & Trust now owns 471 shares of the restaurant operator’s stock worth $79,000 after purchasing an additional 423 shares in the last quarter.

Brinker International News Roundup

Here are the key news stories impacting Brinker International this week:

  • Positive Sentiment: Brinker issued fiscal 2027 EPS guidance of $13.30–$13.90, above the $13.26 analyst consensus. The company’s strong first-quarter results, including accelerating Chili’s traffic, also supported investor optimism. Brinker International advances on strong Q1 results and raised outlook
  • Positive Sentiment: Analysts broadly raised their views following the results. Wells Fargo lifted its target to $285, Baird to $280, Citigroup to $277, TD Cowen to $270, Morgan Stanley to $262 and KeyCorp to $258; the firms maintained bullish ratings such as “buy,” “overweight” or “outperform.” Wells Fargo analyst recommendations
  • Positive Sentiment: Zacks highlighted Brinker as a strong growth stock, reinforcing the investment case based on its growth-oriented metrics. Why Brinker International is a strong growth stock
  • Neutral Sentiment: Fiscal 2027 revenue guidance of $6.2 billion–$6.3 billion is broadly in line with expectations, although its midpoint is slightly below the $6.3 billion consensus estimate.
  • Negative Sentiment: CEO Kevin Hochman sold 40,000 EAT shares for approximately $8.8 million, reducing his ownership by 27.66%. While the transaction does not necessarily indicate a change in business fundamentals, the sizable insider sale can weigh on sentiment. SEC insider ownership filing

About Brinker International

(Get Free Report)

Brinker International, Inc is a casual-dining restaurant company that owns, operates and franchises restaurants in the United States and select international markets. The company is headquartered in Dallas, Texas, and serves customers through company-operated and franchised locations.

Brinker’s principal brands are Chili’s Grill & Bar and Maggiano’s Little Italy. Chili’s offers a broad menu of burgers, steaks, ribs, fajitas, Tex-Mex dishes, salads and beverages in a full-service, casual setting.

Recommended Stories

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.