Brinker International, Inc. (NYSE:EAT – Get Free Report) Director Joseph Michael Depinto sold 25,000 shares of the company’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $230.39, for a total transaction of $5,759,750.00. Following the sale, the director directly owned 77,812 shares in the company, valued at $17,927,106.68. This trade represents a 24.32% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
Brinker International Price Performance
NYSE:EAT traded down $1.62 during trading hours on Monday, hitting $228.57. The stock had a trading volume of 846,941 shares, compared to its average volume of 1,149,239. The company has a 50 day simple moving average of $203.67 and a two-hundred day simple moving average of $166.21. The firm has a market capitalization of $9.55 billion, a price-to-earnings ratio of 20.99, a P/E/G ratio of 1.19 and a beta of 1.23. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.45 and a quick ratio of 0.40. Brinker International, Inc. has a one year low of $100.30 and a one year high of $254.99.
Brinker International (NYSE:EAT – Get Free Report) last released its quarterly earnings results on Wednesday, August 12th. The restaurant operator reported $3.07 earnings per share for the quarter, missing the consensus estimate of $3.09 by ($0.02). The firm had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.53 billion. Brinker International had a return on equity of 122.35% and a net margin of 8.39%.The company’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period in the previous year, the company posted $2.30 EPS. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. Research analysts forecast that Brinker International, Inc. will post 13.22 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Brinker International
Analysts Set New Price Targets
A number of equities research analysts have weighed in on EAT shares. Robert W. Baird began coverage on shares of Brinker International in a report on Monday, August 24th. They issued an “outperform” rating and a $325.00 price objective on the stock. Morgan Stanley boosted their target price on shares of Brinker International from $207.00 to $250.00 and gave the company an “overweight” rating in a research note on Thursday, August 13th. Citigroup raised their price target on Brinker International from $227.00 to $282.00 and gave the stock a “buy” rating in a research note on Thursday, August 13th. UBS Group lifted their price objective on Brinker International from $190.00 to $260.00 and gave the stock a “buy” rating in a report on Monday, August 10th. Finally, BMO Capital Markets upped their price objective on Brinker International from $175.00 to $230.00 and gave the company a “market perform” rating in a research report on Thursday, August 13th. Seventeen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $242.19.
View Our Latest Stock Analysis on EAT
About Brinker International
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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