Brinker International (NYSE:EAT) Price Target Raised to $310.00

Brinker International (NYSE:EAT) had its target price hoisted by equities research analysts at Bank of America from $224.00 to $310.00 in a report issued on Friday,Benzinga reports. The firm presently has a “buy” rating on the restaurant operator’s stock. Bank of America‘s price target would suggest a potential upside of 29.43% from the stock’s current price.

EAT has been the subject of several other research reports. Citigroup lifted their price objective on Brinker International from $227.00 to $282.00 and gave the company a “buy” rating in a research note on Thursday. Weiss Ratings upgraded shares of Brinker International from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday. Barclays raised their price objective on shares of Brinker International from $170.00 to $175.00 and gave the company an “equal weight” rating in a report on Thursday, April 30th. UBS Group boosted their target price on shares of Brinker International from $190.00 to $260.00 and gave the stock a “buy” rating in a research note on Monday. Finally, DA Davidson raised their price target on Brinker International from $160.00 to $260.00 and gave the company a “neutral” rating in a research note on Thursday. Sixteen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $234.35.

Brinker International Stock Performance

Shares of EAT stock opened at $239.50 on Friday. The firm has a 50 day moving average of $185.01 and a two-hundred day moving average of $160.19. The stock has a market capitalization of $10.27 billion, a PE ratio of 21.99, a P/E/G ratio of 1.41 and a beta of 1.24. The company has a quick ratio of 0.35, a current ratio of 0.40 and a debt-to-equity ratio of 1.05. Brinker International has a 52 week low of $100.30 and a 52 week high of $253.71.

Brinker International (NYSE:EAT) last posted its quarterly earnings data on Wednesday, August 12th. The restaurant operator reported $3.07 earnings per share for the quarter, missing analysts’ consensus estimates of $3.09 by ($0.02). The company had revenue of $1.54 billion for the quarter, compared to analysts’ expectations of $1.53 billion. Brinker International had a return on equity of 127.82% and a net margin of 8.39%.The firm’s revenue was up 5.1% compared to the same quarter last year. During the same period in the prior year, the company posted $2.30 EPS. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. On average, research analysts predict that Brinker International will post 12.84 EPS for the current fiscal year.

Hedge Funds Weigh In On Brinker International

Hedge funds have recently made changes to their positions in the company. Swedbank AB acquired a new position in Brinker International in the 1st quarter valued at $3,855,000. Hsbc Holdings PLC raised its position in Brinker International by 155.9% during the 4th quarter. Hsbc Holdings PLC now owns 33,416 shares of the restaurant operator’s stock worth $4,803,000 after buying an additional 20,356 shares during the last quarter. Integrated Advisors Network LLC lifted its stake in shares of Brinker International by 357.3% in the 1st quarter. Integrated Advisors Network LLC now owns 7,550 shares of the restaurant operator’s stock worth $1,078,000 after acquiring an additional 5,899 shares during the period. Allspring Global Investments Holdings LLC lifted its stake in shares of Brinker International by 78.0% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 143,484 shares of the restaurant operator’s stock worth $20,568,000 after acquiring an additional 62,878 shares during the period. Finally, Janus Henderson Group PLC boosted its holdings in shares of Brinker International by 55.4% in the first quarter. Janus Henderson Group PLC now owns 30,366 shares of the restaurant operator’s stock valued at $4,337,000 after acquiring an additional 10,826 shares in the last quarter.

Trending Headlines about Brinker International

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

• Positive Sentiment: Strong Chili’s performance: Fiscal fourth-quarter revenue rose 5.1% year over year to $1.54 billion, exceeding expectations, while EPS increased from $2.30 to $3.07. Growth was driven by higher Chili’s sales and traffic, expanding margins and the popularity of its new chicken-sandwich offerings. Brinker Q4 Earnings Meet Estimates, Revenues Beat on Chili’s Growth
• Positive Sentiment: Above-consensus 2027 outlook: Brinker forecast fiscal 2027 EPS of $12.60–$13.40 and revenue of $6.2–$6.3 billion, above analysts’ estimates of $12.47 EPS and approximately $6.1 billion in revenue. Management also identified takeout and digital ordering as important areas for future growth. Chili’s Parent Wants a Bigger Slice of Fast Food’s Digital Business
• Positive Sentiment: Broad analyst optimism: Stephens raised its target to $300, Citi to $282, Wells Fargo to $280, KeyCorp to $275, Mizuho to $275, TD Cowen to $270, and Morgan Stanley to $250. Most firms maintained bullish ratings, reinforcing expectations that Brinker’s earnings momentum can continue. These Analysts Boost Their Forecasts On Brinker Following Q4 Earnings
• Neutral Sentiment: CEO Kevin Hochman’s interview with Jim Cramer highlighted brand strength, consumer trends and the company’s growth strategy, potentially supporting investor confidence. Brinker International CEO Kevin Hochman Sits Down With Jim Cramer
• Negative Sentiment: EPS of $3.07 was slightly below the reported consensus estimate of $3.09, creating a modest quarterly earnings miss. BMO Capital raised its target to $230 but retained a market-perform rating, below the stock’s recent trading level.

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.