Brinker International (NYSE:EAT) Price Target Raised to $280.00

Brinker International (NYSE:EATFree Report) had its price target upped by Wells Fargo & Company from $220.00 to $280.00 in a research report report published on Thursday,Benzinga reports. They currently have an overweight rating on the restaurant operator’s stock.

Several other brokerages have also recently commented on EAT. Stephens increased their target price on Brinker International from $220.00 to $300.00 and gave the stock an “overweight” rating in a report on Thursday. Morgan Stanley lifted their price target on Brinker International from $205.00 to $207.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. KeyCorp upped their price target on shares of Brinker International from $204.00 to $275.00 and gave the stock an “overweight” rating in a research report on Thursday. Mizuho increased their price objective on shares of Brinker International from $175.00 to $275.00 and gave the stock an “outperform” rating in a report on Thursday. Finally, UBS Group raised their price objective on shares of Brinker International from $190.00 to $260.00 and gave the company a “buy” rating in a research report on Monday, August 10th. Sixteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $234.35.

Get Our Latest Analysis on Brinker International

Brinker International Stock Down 0.5%

NYSE EAT opened at $237.42 on Thursday. The firm has a market cap of $10.18 billion, a PE ratio of 21.80, a price-to-earnings-growth ratio of 1.33 and a beta of 1.24. Brinker International has a one year low of $100.30 and a one year high of $253.71. The stock’s 50 day simple moving average is $186.95 and its 200 day simple moving average is $160.73. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.45 and a quick ratio of 0.35.

Brinker International (NYSE:EATGet Free Report) last released its quarterly earnings results 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). Brinker International had a net margin of 8.39% and a return on equity of 122.35%. The business had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.53 billion. During the same period in the prior year, the business earned $2.30 earnings per share. The company’s revenue for the quarter was up 5.1% on a year-over-year basis. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. As a group, sell-side analysts forecast that Brinker International will post 13.19 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Brinker International

Hedge funds and other institutional investors have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd acquired a new position in shares of Brinker International during the third quarter valued at $25,000. Transamerica Financial Advisors LLC boosted its holdings in Brinker International by 570.4% in the fourth quarter. Transamerica Financial Advisors LLC now owns 181 shares of the restaurant operator’s stock valued at $26,000 after acquiring an additional 154 shares during the last quarter. Allworth Financial LP increased its position in Brinker International by 58.5% in the third quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock worth $28,000 after purchasing an additional 83 shares during the period. Kilter Group LLC acquired a new stake in Brinker International in the second quarter worth about $35,000. Finally, Salomon & Ludwin LLC raised its holdings in Brinker International by 45.1% during the 4th quarter. Salomon & Ludwin LLC now owns 299 shares of the restaurant operator’s stock worth $45,000 after purchasing an additional 93 shares during the last quarter.

Brinker International News Summary

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

  • Positive Sentiment: Fiscal fourth-quarter results were broadly encouraging: revenue exceeded expectations, EPS increased 23.3% year over year, and Chili’s delivered strong sales and traffic growth with expanding margins. However, reported EPS was slightly below consensus in the company’s earnings release. Brinker Q4 Earnings Meet Estimates, Revenues Beat on Chili’s Growth
  • Positive Sentiment: Management’s fiscal 2027 outlook calls for $12.60-$13.40 in EPS, supported in part by an extra 53rd operating week. Continued Chili’s traffic gains, restaurant reimages and cost control will determine whether the company can meet or exceed that guidance. EAT’s Fiscal 2027 Guidance Gets a Boost From the 53rd Operating Week
  • Positive Sentiment: Several firms raised their price targets following the results, including Bank of America to $310 with a Buy rating, Stephens to $300, Citi to $282, Wells Fargo to $280 and KeyCorp to $275. These revisions reflect increased confidence in Chili’s execution and earnings growth.
  • Neutral Sentiment: Brinker’s stock has risen 28.7% over the past month and reached a new 52-week high, raising expectations. Investors may now require continued traffic growth, margin delivery and guidance execution for further upside. EAT Jumps 28.7% in a Month
  • Negative Sentiment: Northcoast Research downgraded EAT from Buy to Neutral, signaling that the recent rally may have priced in much of the expected improvement.
  • Negative Sentiment: Analysts continue to flag elevated valuation, inflation and labor-cost risks, while Maggiano’s slower turnaround could limit consolidated growth. These concerns are contributing to profit-taking despite the favorable operating trends. Is EAT a Buy Now as Chili’s Growth Meets Cost and Valuation Risks?

About Brinker International

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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.

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Analyst Recommendations for Brinker International (NYSE:EAT)

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