Brinker International (NYSE:EAT) Price Target Raised to $230.00

Brinker International (NYSE:EAT) had its price objective hoisted by BMO Capital Markets from $175.00 to $230.00 in a report released on Thursday morning,Benzinga reports. The brokerage currently has a market perform rating on the restaurant operator’s stock.

EAT has been the topic of a number of other research reports. Wells Fargo & Company lifted their price objective on Brinker International from $200.00 to $220.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. KeyCorp increased their target price on Brinker International from $177.00 to $204.00 and gave the company an “overweight” rating in a research report on Wednesday, July 15th. TD Cowen raised their target price on shares of Brinker International from $210.00 to $270.00 and gave the company a “buy” rating in a report on Wednesday. Morgan Stanley boosted their price target on shares of Brinker International from $205.00 to $207.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Finally, UBS Group upped their price target on shares of Brinker International from $190.00 to $260.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Sixteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, Brinker International has a consensus rating of “Moderate Buy” and an average price target of $234.35.

Brinker International Trading Down 0.5%

Shares of Brinker International stock opened at $237.42 on Thursday. Brinker International has a twelve month low of $100.30 and a twelve month high of $253.71. The company has a quick ratio of 0.35, a current ratio of 0.45 and a debt-to-equity ratio of 0.95. The business has a 50-day moving average price of $186.95 and a 200-day moving average price of $160.73. The firm has a market cap of $10.18 billion, a price-to-earnings ratio of 21.80, a PEG ratio of 1.33 and a beta of 1.24.

Brinker International (NYSE:EAT) last posted 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 firm had revenue of $1.54 billion during the quarter, compared to analysts’ expectations of $1.53 billion. During the same quarter in the prior year, the firm posted $2.30 earnings per share. Brinker International’s quarterly revenue was up 5.1% on a year-over-year basis. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. Equities research analysts anticipate that Brinker International will post 13.19 EPS for the current fiscal year.

Hedge Funds Weigh In On Brinker International

Institutional investors and hedge funds have recently modified their holdings of the stock. Allworth Financial LP increased its position in shares of Brinker International by 58.5% during 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 during the last quarter. Rezny Wealth Management Inc. lifted its position in Brinker International by 0.8% in the fourth quarter. Rezny Wealth Management Inc. now owns 11,738 shares of the restaurant operator’s stock worth $1,685,000 after buying an additional 92 shares during the last quarter. Salomon & Ludwin LLC lifted its position 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 buying an additional 93 shares during the last quarter. New Age Alpha Advisors LLC boosted its stake in Brinker International by 4.8% during the fourth quarter. New Age Alpha Advisors LLC now owns 2,047 shares of the restaurant operator’s stock worth $294,000 after buying an additional 94 shares during the period. Finally, Smith Group Asset Management LLC boosted its stake in Brinker International by 0.5% during the second quarter. Smith Group Asset Management LLC now owns 20,669 shares of the restaurant operator’s stock worth $3,472,000 after buying an additional 104 shares during the period.

Key Stories Impacting Brinker International

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?

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.