Brinker International (NYSE:EAT) Hits New 52-Week High – What’s Next?

Brinker International, Inc. (NYSE:EAT)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $180.97 and last traded at $180.5460, with a volume of 30696 shares changing hands. The stock had previously closed at $176.28.

Analyst Upgrades and Downgrades

EAT has been the subject of a number of research reports. Citigroup lowered their target price on Brinker International from $190.00 to $186.00 and set a “buy” rating for the company in a research note on Monday, April 13th. Weiss Ratings upgraded shares of Brinker International from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, June 16th. Morgan Stanley increased their price objective 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. JPMorgan Chase & Co. raised their price objective on shares of Brinker International from $187.00 to $190.00 and gave the stock an “overweight” rating in a report on Monday, March 16th. Finally, KeyCorp raised shares of Brinker International from a “sector weight” rating to an “overweight” rating and set a $177.00 price objective on the stock in a research report on Thursday, April 2nd. Fourteen analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $185.11.

Brinker International Stock Down 1.9%

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 firm has a 50-day moving average of $149.16 and a 200 day moving average of $150.77. The stock has a market capitalization of $7.42 billion, a price-to-earnings ratio of 17.05, a PEG ratio of 1.10 and a beta of 1.24.

Brinker International (NYSE:EAT) last posted its quarterly 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. The firm had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.47 billion. Brinker International had a return on equity of 123.22% and a net margin of 8.07%.The business’s quarterly revenue was up 3.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.66 EPS. Brinker International has set its FY 2026 guidance at 10.60-10.850 EPS. As a group, sell-side analysts forecast that Brinker International, Inc. will post 10.75 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Brinker International

Institutional investors have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd acquired a new position in shares of Brinker International during the 3rd quarter worth approximately $25,000. Transamerica Financial Advisors LLC grew its position in shares of Brinker International by 570.4% in the fourth 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 during the last quarter. Allworth Financial LP increased its stake in shares of Brinker International by 58.5% during the third quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock worth $28,000 after purchasing an additional 83 shares during the period. Salomon & Ludwin LLC increased its stake in shares of Brinker International by 45.1% during the fourth quarter. Salomon & Ludwin LLC now owns 299 shares of the restaurant operator’s stock worth $45,000 after purchasing an additional 93 shares during the period. Finally, First Horizon Corp lifted its holdings in Brinker International by 116.0% during the 4th quarter. First Horizon Corp now owns 337 shares of the restaurant operator’s stock worth $48,000 after purchasing an additional 181 shares during the last quarter.

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.