Brinker International, Inc. (NYSE:EAT) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Brinker International, Inc. (NYSE:EATGet Free Report) have been given an average rating of “Moderate Buy” by the twenty-three ratings firms that are covering the company, MarketBeat reports. Seven analysts have rated the stock with a hold recommendation and sixteen have given a buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $238.05.

Several analysts recently commented on EAT shares. BMO Capital Markets raised their target price on Brinker International from $175.00 to $230.00 and gave the stock a “market perform” rating in a report on Thursday, August 13th. Wells Fargo & Company raised their price objective on shares of Brinker International from $220.00 to $280.00 and gave the stock an “overweight” rating in a research note on Thursday, August 13th. Barclays boosted their target price on shares of Brinker International from $170.00 to $175.00 and gave the company an “equal weight” rating in a research note on Thursday, April 30th. UBS Group increased their price target on shares of Brinker International from $190.00 to $260.00 and gave the stock a “buy” rating in a report on Monday, August 10th. Finally, Weiss Ratings upgraded shares of Brinker International from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, August 11th.

Get Our Latest Analysis on EAT

Brinker International Stock Performance

Shares of NYSE EAT opened at $246.06 on Monday. Brinker International has a fifty-two week low of $100.30 and a fifty-two week high of $253.71. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.40 and a current ratio of 0.45. The company has a market cap of $10.28 billion, a price-to-earnings ratio of 22.60, a PEG ratio of 1.27 and a beta of 1.24. The business’s 50 day moving average price is $195.50 and its 200-day moving average price is $163.53.

Brinker International (NYSE:EATGet Free Report) last issued its earnings results on Wednesday, August 12th. The restaurant operator reported $3.07 EPS for the quarter, missing analysts’ consensus estimates of $3.09 by ($0.02). Brinker International had a return on equity of 122.35% and a net margin of 8.39%.The company had revenue of $1.54 billion for the quarter, compared to analysts’ expectations of $1.53 billion. During the same period last year, the business posted $2.30 earnings per share. The business’s revenue was up 5.1% compared to the same quarter last year. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. On average, sell-side analysts expect that Brinker International will post 13.24 earnings per share for the current year.

Insider Transactions at Brinker International

In other Brinker International news, SVP Daniel S. Fuller sold 9,960 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $243.43, for a total value of $2,424,562.80. Following the sale, the senior vice president directly owned 32,086 shares of the company’s stock, valued at approximately $7,810,694.98. This trade represents a 23.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Aaron M. White sold 16,220 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $236.22, for a total value of $3,831,488.40. Following the completion of the sale, the executive vice president owned 42,756 shares of the company’s stock, valued at $10,099,822.32. This trade represents a 27.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 133,105 shares of company stock worth $32,070,729 over the last quarter. Company insiders own 1.43% of the company’s stock.

Institutional Trading of Brinker International

Several institutional investors have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd purchased a new position in Brinker International in the 3rd quarter valued at about $25,000. Transamerica Financial Advisors LLC boosted its holdings in Brinker International by 570.4% in the 4th quarter. Transamerica Financial Advisors LLC now owns 181 shares of the restaurant operator’s stock worth $26,000 after buying an additional 154 shares during the last quarter. Allworth Financial LP increased its stake in Brinker International by 58.5% during the 3rd quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock worth $28,000 after buying an additional 83 shares in the last quarter. Kilter Group LLC purchased a new stake in Brinker International during the 2nd quarter worth approximately $35,000. Finally, Global Retirement Partners LLC raised its holdings in shares of Brinker International by 1,233.3% during the fourth quarter. Global Retirement Partners LLC now owns 360 shares of the restaurant operator’s stock valued at $52,000 after acquiring an additional 333 shares during the last quarter.

About Brinker International

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Brinker International (NYSE:EAT)

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