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

Shares of Brinker International, Inc. (NYSE:EAT) have been given an average recommendation of “Moderate Buy” by the twenty-one brokerages that are presently covering the company, Marketbeat 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 price target among analysts that have issued ratings on the stock in the last year is $185.1053.

Several brokerages have issued reports on EAT. Wolfe Research began coverage on shares of Brinker International in a report on Monday, March 9th. They issued an “outperform” rating and a $184.00 price target on the stock. DA Davidson began coverage on shares of Brinker International in a report on Friday, March 6th. They issued a “neutral” rating and a $155.00 price target on the stock. Citigroup lowered their price target on shares of Brinker International from $190.00 to $186.00 and set a “buy” rating on the stock in a report on Monday, April 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. Finally, Zacks Research downgraded shares of Brinker International from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd.

Institutional Investors Weigh In On Brinker International

Several institutional investors and hedge funds have recently made changes to their positions in EAT. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Brinker International in the 3rd quarter valued at $25,000. Transamerica Financial Advisors LLC boosted its stake in shares of Brinker International by 570.4% in the 4th quarter. Transamerica Financial Advisors LLC now owns 181 shares of the restaurant operator’s stock valued at $26,000 after purchasing an additional 154 shares in the last quarter. Allworth Financial LP boosted its stake in shares of 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 purchasing an additional 83 shares in the last quarter. Salomon & Ludwin LLC boosted its stake in shares of Brinker International by 45.1% in the 4th quarter. Salomon & Ludwin LLC now owns 299 shares of the restaurant operator’s stock valued at $45,000 after purchasing an additional 93 shares in the last quarter. Finally, First Horizon Corp boosted its stake in shares of Brinker International by 116.0% in the 4th quarter. First Horizon Corp now owns 337 shares of the restaurant operator’s stock valued at $48,000 after purchasing an additional 181 shares in the last quarter.

Brinker International Trading Up 2.9%

Shares of Brinker International stock opened at $150.40 on Wednesday. The firm has a market capitalization of $6.45 billion, a PE ratio of 14.75, a price-to-earnings-growth ratio of 1.05 and a beta of 1.27. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.40 and a quick ratio of 0.35. The company’s fifty day moving average price is $143.28 and its two-hundred day moving average price is $147.85. Brinker International has a 52-week low of $100.30 and a 52-week high of $187.12.

Brinker International (NYSE:EAT) last announced its quarterly earnings results on Wednesday, April 29th. The restaurant operator reported $2.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.85 by $0.05. The firm had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.47 billion. Brinker International had a net margin of 8.07% and a return on equity of 123.22%. The business’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.66 EPS. Brinker International has set its FY 2026 guidance at 10.60-10.850 EPS. On average, analysts expect that Brinker International will post 10.75 EPS for the current year.

About Brinker International

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.