Brinker International, Inc. (NYSE:EAT) Receives $185.11 Consensus Target Price from Brokerages

Brinker International, Inc. (NYSE:EAT) has earned a consensus recommendation of “Moderate Buy” from the twenty-one ratings firms that are covering the company, Marketbeat Ratings reports. Seven research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $185.1053.

A number of brokerages recently commented on EAT. Zacks Research downgraded shares of Brinker International from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. TD Cowen lowered their price target on shares of Brinker International from $188.00 to $170.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. Morgan Stanley increased their price target on shares of Brinker International from $205.00 to $207.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Citigroup lowered their price target on shares of Brinker International from $190.00 to $186.00 and set a “buy” rating for the company in a report on Monday, April 13th. Finally, Wolfe Research started coverage on shares of Brinker International in a research report on Monday, March 9th. They issued an “outperform” rating and a $184.00 price objective on the stock.

Institutional Trading of Brinker International

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bank of America Corp DE raised its position in Brinker International by 37.7% in the 1st quarter. Bank of America Corp DE now owns 242,648 shares of the restaurant operator’s stock worth $34,643,000 after purchasing an additional 66,383 shares during the period. Edgestream Partners L.P. purchased a new stake in Brinker International in the 1st quarter worth about $885,000. Janus Henderson Group PLC raised its position in Brinker International by 55.4% in the 1st quarter. Janus Henderson Group PLC now owns 30,366 shares of the restaurant operator’s stock worth $4,337,000 after purchasing an additional 10,826 shares during the period. Smith Group Asset Management LLC raised its position in Brinker International by 2.2% in the 1st quarter. Smith Group Asset Management LLC now owns 20,565 shares of the restaurant operator’s stock worth $2,936,000 after purchasing an additional 438 shares during the period. Finally, Amundi raised its position in Brinker International by 23.8% in the 1st quarter. Amundi now owns 18,229 shares of the restaurant operator’s stock worth $2,603,000 after purchasing an additional 3,500 shares during the period.

Brinker International Stock Up 0.2%

Shares of NYSE:EAT opened at $159.03 on Wednesday. The company has a current ratio of 0.40, a quick ratio of 0.35 and a debt-to-equity ratio of 1.05. Brinker International has a 12 month low of $100.30 and a 12 month high of $187.12. The company has a 50-day moving average price of $144.11 and a 200 day moving average price of $148.23. The company has a market cap of $6.82 billion, a price-to-earnings ratio of 15.59, a PEG ratio of 1.14 and a beta of 1.27.

Brinker International (NYSE:EAT) last announced its quarterly earnings results on Wednesday, April 29th. The restaurant operator reported $2.90 EPS for the quarter, beating analysts’ consensus estimates of $2.85 by $0.05. Brinker International had a net margin of 8.07% and a return on equity of 123.22%. The firm had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.47 billion. During the same quarter last year, the firm earned $2.66 EPS. The firm’s revenue for the quarter was up 3.2% compared to the same quarter last year. Brinker International has set its FY 2026 guidance at 10.60-10.850 EPS. As a group, equities research analysts predict that Brinker International will post 10.75 earnings per share for the current year.

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.