Brinker International (NYSE:EAT) Research Coverage Started at TD Cowen

TD Cowen began coverage on shares of Brinker International (NYSE:EAT) in a research report released on Tuesday, MarketBeat Ratings reports. The firm issued a buy rating and a $192.00 target price on the restaurant operator’s stock.

Other equities analysts have also issued reports about the stock. Morgan Stanley cut their price target on shares of Brinker International from $161.00 to $160.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 22nd. Wall Street Zen raised Brinker International from a “hold” rating to a “buy” rating in a research report on Friday, November 28th. Bank of America upgraded Brinker International from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $190.00 to $192.00 in a research note on Monday, October 6th. Jefferies Financial Group upped their target price on Brinker International from $125.00 to $155.00 and gave the company a “hold” rating in a research report on Monday, December 15th. Finally, Wells Fargo & Company raised their price target on Brinker International from $160.00 to $175.00 and gave the stock an “overweight” rating in a report on Wednesday, December 17th. Thirteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, Brinker International presently has an average rating of “Moderate Buy” and an average price target of $181.05.

Brinker International Price Performance

Shares of EAT stock opened at $162.71 on Tuesday. The stock’s 50-day moving average is $147.67 and its 200 day moving average is $144.60. Brinker International has a 1-year low of $100.30 and a 1-year high of $192.21. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.35 and a quick ratio of 0.29. The company has a market cap of $7.23 billion, a P/E ratio of 16.88, a PEG ratio of 1.11 and a beta of 1.34.

Brinker International (NYSE:EAT) last released its quarterly earnings results on Wednesday, October 29th. The restaurant operator reported $1.93 EPS for the quarter, beating the consensus estimate of $1.76 by $0.17. Brinker International had a net margin of 7.94% and a return on equity of 164.66%. The business had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.32 billion. During the same period in the prior year, the firm posted $0.95 earnings per share. The company’s quarterly 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. Research analysts predict that Brinker International will post 8.3 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Brinker International

A number of institutional investors have recently bought and sold shares of the business. UBS Group AG boosted its holdings in shares of Brinker International by 155.2% in the 3rd quarter. UBS Group AG now owns 1,464,389 shares of the restaurant operator’s stock valued at $185,509,000 after acquiring an additional 890,593 shares during the last quarter. Congress Asset Management Co. acquired a new position in Brinker International during the fourth quarter valued at $80,518,000. Norges Bank acquired a new position in Brinker International during the second quarter valued at $98,731,000. Arrowstreet Capital Limited Partnership boosted its holdings in Brinker International by 86.4% in the second quarter. Arrowstreet Capital Limited Partnership now owns 1,091,692 shares of the restaurant operator’s stock valued at $196,865,000 after purchasing an additional 506,087 shares during the last quarter. Finally, Samlyn Capital LLC grew its position in Brinker International by 104.9% during the 3rd quarter. Samlyn Capital LLC now owns 878,584 shares of the restaurant operator’s stock worth $111,299,000 after purchasing an additional 449,871 shares during the period.

Brinker International News Roundup

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

• Positive Sentiment: Wells Fargo raised its price target to $200 and moved EAT to an “overweight” rating, implying meaningful upside versus the current level. Wells Fargo raises EAT target
• Positive Sentiment: Morgan Stanley also upgraded Brinker to “overweight,” adding to the cluster of broker upgrades that can drive flows and sentiment. Morgan Stanley upgrade
• Positive Sentiment: Raymond James raised Brinker to “outperform” with a $195 price target, further reinforcing the bullish analyst narrative. Raymond James rating changes
• Positive Sentiment: TD Cowen initiated coverage with a buy recommendation, expanding institutional coverage and potentially boosting demand among funds that track analyst coverage. TD Cowen initiates coverage
• Positive Sentiment: Multiple bullish research/features (Zacks and others) highlight Brinker’s sales growth, menu/digital initiatives and momentum — supporting a narrative of durable growth versus peers. Zacks industry growth piece

Brinker International Company Profile

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.