Brokerages Set Brinker International, Inc. (NYSE:EAT) PT at $156.41

Shares of Brinker International, Inc. (NYSE:EAT) have earned a consensus recommendation of “Hold” from the seventeen brokerages that are currently covering the stock, Marketbeat reports. Thirteen research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year target price among analysts that have covered the stock in the last year is $171.4118.

EAT has been the topic of a number of recent research reports. Stifel Nicolaus lifted their target price on Brinker International from $200.00 to $215.00 and gave the company a “buy” rating in a research report on Monday, June 23rd. Wells Fargo & Company lifted their target price on Brinker International from $150.00 to $165.00 and gave the company an “equal weight” rating in a research report on Thursday, July 17th. JPMorgan Chase & Co. lifted their target price on Brinker International from $160.00 to $180.00 and gave the company a “neutral” rating in a research report on Wednesday, June 25th. Piper Sandler lifted their target price on Brinker International from $155.00 to $168.00 and gave the company a “neutral” rating in a research report on Thursday, August 14th. Finally, Evercore ISI lifted their target price on Brinker International from $180.00 to $190.00 and gave the company an “in-line” rating in a research report on Thursday, August 14th.

Brinker International Trading Down 1.0%

NYSE:EAT opened at $152.2950 on Thursday. Brinker International has a fifty-two week low of $66.72 and a fifty-two week high of $192.21. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.31 and a quick ratio of 0.23. The stock has a market capitalization of $6.78 billion, a PE ratio of 18.33, a price-to-earnings-growth ratio of 0.97 and a beta of 1.68. The business’s 50-day simple moving average is $166.87 and its 200-day simple moving average is $157.85.

Brinker International (NYSE:EAT) last announced its earnings results on Wednesday, August 13th. The restaurant operator reported $2.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.47 by $0.02. Brinker International had a return on equity of 211.86% and a net margin of 7.12%.The business had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.42 billion. During the same quarter last year, the firm earned $1.61 EPS. Brinker International’s revenue for the quarter was up 21.0% compared to the same quarter last year. Brinker International has set its FY 2026 guidance at 9.900-10.50 EPS. Sell-side analysts expect that Brinker International will post 8.3 earnings per share for the current fiscal year.

Insider Activity at Brinker International

In other Brinker International news, Director Joseph Michael Depinto sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $170.36, for a total transaction of $1,703,600.00. Following the transaction, the director owned 99,297 shares of the company’s stock, valued at $16,916,236.92. The trade was a 9.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Harriet Edelman sold 8,325 shares of the business’s stock in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of $157.00, for a total value of $1,307,025.00. Following the transaction, the director directly owned 28,905 shares in the company, valued at $4,538,085. This trade represents a 22.36% decrease in their position. The disclosure for this sale can be found here. 1.72% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. B. Riley Wealth Advisors Inc. acquired a new position in shares of Brinker International during the 2nd quarter worth approximately $698,000. Advisory Services Network LLC increased its position in shares of Brinker International by 4.3% during the 2nd quarter. Advisory Services Network LLC now owns 7,219 shares of the restaurant operator’s stock worth $1,302,000 after purchasing an additional 297 shares during the last quarter. Caxton Associates LLP increased its position in shares of Brinker International by 0.8% during the 2nd quarter. Caxton Associates LLP now owns 21,955 shares of the restaurant operator’s stock worth $3,959,000 after purchasing an additional 180 shares during the last quarter. Public Sector Pension Investment Board increased its holdings in shares of Brinker International by 7.6% during the 2nd quarter. Public Sector Pension Investment Board now owns 151,498 shares of the restaurant operator’s stock worth $27,320,000 after acquiring an additional 10,694 shares during the last quarter. Finally, Evergreen Capital Management LLC increased its holdings in shares of Brinker International by 6.4% during the 2nd quarter. Evergreen Capital Management LLC now owns 3,845 shares of the restaurant operator’s stock worth $693,000 after acquiring an additional 230 shares during the last quarter.

Brinker International Company Profile

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.