Brokerages Set Brinker International, Inc. (NYSE:EAT) PT at $185.11

Brinker International, Inc. (NYSE:EAT) has been given a consensus rating of “Moderate Buy” by the twenty-one analysts that are presently covering the firm, MarketBeat.com reports. Seven research analysts have rated the stock with a hold recommendation and fourteen have issued a buy recommendation on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $185.1053.

Several research firms have recently weighed in on EAT. KeyCorp upgraded shares of Brinker International from a “sector weight” rating to an “overweight” rating and set a $177.00 price objective for the company in a research report on Thursday, April 2nd. Citigroup cut their price target on shares of Brinker International from $190.00 to $186.00 and set a “buy” rating on the stock in a research report on Monday, April 13th. JPMorgan Chase & Co. increased their price target on Brinker International from $187.00 to $190.00 and gave the stock an “overweight” rating in a report on Monday, March 16th. Zacks Research downgraded Brinker International from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. Finally, TD Cowen lowered their target price on Brinker International from $188.00 to $170.00 and set a “buy” rating for the company in a report on Wednesday, April 29th.

Institutional Trading of Brinker International

Several hedge funds have recently modified their holdings of EAT. Transamerica Financial Advisors LLC grew 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 worth $26,000 after purchasing an additional 154 shares during the period. Caitong International Asset Management Co. Ltd bought a new stake in Brinker International in the 3rd quarter valued at about $25,000. Allworth Financial LP increased its position in Brinker International by 58.5% in the 3rd quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock valued at $28,000 after buying an additional 83 shares in the last quarter. Salomon & Ludwin LLC boosted its holdings in Brinker International by 45.1% in the fourth quarter. Salomon & Ludwin LLC now owns 299 shares of the restaurant operator’s stock worth $45,000 after acquiring an additional 93 shares in the last quarter. Finally, CoreCap Advisors LLC increased its holdings in shares of Brinker International by 33,000.0% during the second quarter. CoreCap Advisors LLC now owns 331 shares of the restaurant operator’s stock valued at $56,000 after acquiring an additional 330 shares in the last quarter.

Brinker International Trading Up 2.4%

EAT traded up $4.25 during midday trading on Friday, hitting $184.88. 952,929 shares of the company were exchanged, compared to its average volume of 901,455. The firm’s 50 day moving average price is $152.49 and its 200-day moving average price is $151.61. Brinker International has a 1-year low of $100.30 and a 1-year high of $189.40. The firm has a market capitalization of $7.93 billion, a P/E ratio of 18.13, a P/E/G ratio of 1.15 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 (NYSE:EAT) last issued its quarterly earnings data on Wednesday, April 29th. The restaurant operator reported $2.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.85 by $0.05. The company had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.47 billion. Brinker International had a return on equity of 123.22% and a net margin of 8.07%.The firm’s revenue was up 3.2% compared to the same quarter last year. During the same period last year, the company earned $2.66 earnings per share. Brinker International has set its FY 2026 guidance at 10.60-10.850 EPS. As a group, equities analysts forecast that Brinker International will post 10.75 EPS for the current fiscal year.

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.