Brinker International (NYSE:EAT – Get Free Report) released its quarterly earnings data on Wednesday. The restaurant operator reported $0.95 EPS for the quarter, beating the consensus estimate of $0.69 by $0.26, Briefing.com reports. The business had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.10 billion. Brinker International had a net margin of 3.52% and a negative return on equity of 274.62%. The business’s revenue for the quarter was up 12.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.28 EPS. Brinker International updated its FY 2025 guidance to 5.200-5.500 EPS.
Brinker International Trading Down 0.6 %
Brinker International stock traded down $0.62 during midday trading on Thursday, hitting $103.63. 1,072,134 shares of the stock were exchanged, compared to its average volume of 1,449,786. Brinker International has a fifty-two week low of $32.90 and a fifty-two week high of $107.15. The stock has a market capitalization of $4.61 billion, a price-to-earnings ratio of 30.79, a PEG ratio of 1.35 and a beta of 2.51. The stock’s 50-day simple moving average is $79.86 and its 200 day simple moving average is $69.33. The company has a current ratio of 0.38, a quick ratio of 0.32 and a debt-to-equity ratio of 19.96.
Analyst Upgrades and Downgrades
Several analysts have recently commented on EAT shares. JPMorgan Chase & Co. downgraded shares of Brinker International from an “overweight” rating to a “neutral” rating and upped their price objective for the company from $67.00 to $100.00 in a report on Thursday. Argus downgraded shares of Brinker International from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. Bank of America increased their price target on shares of Brinker International from $97.00 to $110.00 and gave the stock a “neutral” rating in a report on Thursday. Wells Fargo & Company increased their price target on shares of Brinker International from $50.00 to $85.00 and gave the stock an “underweight” rating in a report on Monday, October 21st. Finally, Citigroup increased their price target on shares of Brinker International from $69.00 to $83.00 and gave the stock a “neutral” rating in a report on Tuesday, October 8th. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, Brinker International presently has an average rating of “Hold” and a consensus target price of $81.31.
About Brinker International
Brinker International, Inc, together with its subsidiaries, engages in the ownership, development, operation, and franchising of casual dining restaurants in the United States and internationally. It operates and franchises Chili's Grill & Bar and Maggiano's Little Italy restaurant brands.
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