BMO Capital Markets Issues Positive Forecast for Brinker International (NYSE:EAT) Stock Price

Brinker International (NYSE:EAT) had its price target raised by equities researchers at BMO Capital Markets from $140.00 to $170.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage currently has a “market perform” rating on the restaurant operator’s stock. BMO Capital Markets’ price target suggests a potential upside of 13.58% from the stock’s previous close.

Other equities analysts have also recently issued research reports about the stock. Wall Street Zen upgraded shares of Brinker International from a “hold” rating to a “buy” rating in a research note on Friday, November 28th. Stifel Nicolaus decreased their price objective on shares of Brinker International from $215.00 to $200.00 and set a “buy” rating for the company in a report on Friday, October 24th. Barclays dropped their target price on shares of Brinker International from $145.00 to $135.00 and set an “equal weight” rating on the stock in a report on Thursday, October 30th. Wells Fargo & Company lifted their target price on shares of Brinker International from $160.00 to $175.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 17th. Finally, Bank of America raised Brinker International from a “neutral” rating to a “buy” rating and increased their price target for the company from $190.00 to $192.00 in a report on Monday, October 6th. Ten investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $172.12.

Brinker International Stock Performance

EAT stock opened at $149.68 on Tuesday. The stock’s 50 day simple moving average is $134.07 and its 200 day simple moving average is $145.86. The company has a current ratio of 0.35, a quick ratio of 0.29 and a debt-to-equity ratio of 1.53. Brinker International has a 12-month low of $100.30 and a 12-month high of $192.21. The stock has a market capitalization of $6.65 billion, a PE ratio of 15.53, a price-to-earnings-growth ratio of 1.04 and a beta of 1.34.

Brinker International (NYSE:EAT) last posted its quarterly earnings results on Wednesday, October 29th. The restaurant operator reported $1.93 earnings per share for the quarter, topping the consensus estimate of $1.76 by $0.17. Brinker International had a return on equity of 164.66% and a net margin of 7.94%.The firm had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.32 billion. During the same quarter in the previous year, the business earned $0.95 earnings per share. The company’s revenue was up 18.5% on a year-over-year basis. Brinker International has set its FY 2026 guidance at 9.900-10.50 EPS. As a group, research analysts forecast that Brinker International will post 8.3 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in EAT. Concord Wealth Partners bought a new stake in Brinker International during the 2nd quarter worth approximately $25,000. Caitong International Asset Management Co. Ltd bought a new position in shares of Brinker International in the third quarter worth approximately $25,000. Allworth Financial LP increased its stake in shares of Brinker International by 105.8% in the second quarter. Allworth Financial LP now owns 142 shares of the restaurant operator’s stock worth $26,000 after purchasing an additional 73 shares in the last quarter. Salomon & Ludwin LLC bought a new stake in shares of Brinker International during the 3rd quarter valued at $26,000. Finally, AdvisorNet Financial Inc purchased a new position in shares of Brinker International during the 2nd quarter valued at $33,000.

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.