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

Shares of Brinker International, Inc. (NYSE:EAT) have been assigned an average recommendation of “Moderate Buy” from the twenty-one brokerages that are covering the stock, MarketBeat Ratings reports. Seven analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is $185.1053.

EAT has been the topic of a number of analyst reports. The Goldman Sachs Group increased their price objective on Brinker International from $180.00 to $200.00 and gave the company a “buy” rating in a report on Thursday, January 29th. JPMorgan Chase & Co. increased their price objective on Brinker International from $187.00 to $190.00 and gave the company an “overweight” rating in a report on Monday, March 16th. Zacks Research lowered Brinker International from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. Wolfe Research began coverage on Brinker International in a report on Monday, March 9th. They set an “outperform” rating and a $184.00 price objective on the stock. Finally, TD Cowen lowered their target price on Brinker International from $188.00 to $170.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th.

Brinker International Stock Performance

Shares of EAT stock opened at $137.15 on Friday. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.40 and a quick ratio of 0.35. Brinker International has a fifty-two week low of $100.30 and a fifty-two week high of $187.12. The stock’s 50-day moving average is $143.68 and its two-hundred day moving average is $145.08. The firm has a market cap of $5.88 billion, a P/E ratio of 13.45, a PEG ratio of 0.98 and a beta of 1.32.

Brinker International (NYSE:EAT) last issued its earnings results on Wednesday, April 29th. The restaurant operator reported $2.90 earnings per share for the quarter, topping the consensus estimate of $2.85 by $0.05. Brinker International had a return on equity of 123.22% and a net margin of 8.07%.The company had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.47 billion. During the same period in the prior year, the firm posted $2.66 EPS. The business’s revenue 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. Analysts predict that Brinker International will post 10.74 earnings per share for the current fiscal year.

Institutional Trading of Brinker International

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EAT. NewEdge Advisors LLC grew its holdings in Brinker International by 1,118.9% in the 1st quarter. NewEdge Advisors LLC now owns 1,158 shares of the restaurant operator’s stock valued at $173,000 after buying an additional 1,063 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in Brinker International by 271.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 846 shares of the restaurant operator’s stock valued at $153,000 after buying an additional 618 shares during the last quarter. First Trust Advisors LP grew its holdings in Brinker International by 1.9% in the 2nd quarter. First Trust Advisors LP now owns 52,249 shares of the restaurant operator’s stock valued at $9,422,000 after buying an additional 978 shares during the last quarter. Baird Financial Group Inc. acquired a new stake in Brinker International in the 2nd quarter valued at approximately $3,222,000. Finally, Brown Advisory Inc. grew its holdings in Brinker International by 33.0% in the 2nd quarter. Brown Advisory Inc. now owns 1,789 shares of the restaurant operator’s stock valued at $323,000 after buying an additional 444 shares during the last quarter.

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.