BMO Capital Markets Boosts Brinker International (NYSE:EAT) Price Target to $230.00

Brinker International (NYSE:EATGet Free Report) had its target price boosted by investment analysts at BMO Capital Markets from $175.00 to $230.00 in a report released on Thursday,Benzinga reports. The brokerage presently has a “market perform” rating on the restaurant operator’s stock. BMO Capital Markets’ target price suggests a potential downside of 5.93% from the stock’s current price.

Several other analysts have also recently weighed in on EAT. TD Cowen increased their price target on shares of Brinker International from $210.00 to $270.00 and gave the company a “buy” rating in a research note on Wednesday. Mizuho increased their price objective on shares of Brinker International from $175.00 to $275.00 and gave the stock an “outperform” rating in a research report on Thursday. KeyCorp increased their target price on Brinker International from $177.00 to $204.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 15th. Weiss Ratings upgraded shares of Brinker International from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday. Finally, Citigroup lifted their price objective on Brinker International from $189.00 to $227.00 and gave the company a “buy” rating in a research note on Tuesday, July 28th. Sixteen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $211.75.

Get Our Latest Stock Analysis on EAT

Brinker International Trading Up 10.4%

Shares of EAT opened at $244.50 on Thursday. The firm’s fifty day moving average is $182.95 and its two-hundred day moving average is $159.65. The stock has a market cap of $10.49 billion, a PE ratio of 23.97, a price-to-earnings-growth ratio of 1.31 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 has a 52-week low of $100.30 and a 52-week high of $252.52.

Brinker International (NYSE:EATGet Free Report) last announced its quarterly earnings data on Wednesday, August 12th. The restaurant operator reported $3.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.09 by ($0.02). The business had revenue of $1.54 billion for the quarter, compared to analysts’ expectations of $1.53 billion. Brinker International had a net margin of 8.07% and a return on equity of 123.22%. The firm’s revenue was up 5.1% on a year-over-year basis. During the same period in the prior year, the company posted $2.30 EPS. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. Research analysts forecast that Brinker International will post 10.76 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Brinker International

Institutional investors and hedge funds have recently made changes to their positions in the business. Swedbank AB purchased a new position in shares of Brinker International during the 1st quarter worth $3,855,000. Hsbc Holdings PLC grew its position in shares of Brinker International by 155.9% in the fourth quarter. Hsbc Holdings PLC now owns 33,416 shares of the restaurant operator’s stock valued at $4,803,000 after purchasing an additional 20,356 shares during the period. Integrated Advisors Network LLC increased its stake in Brinker International by 357.3% in the first quarter. Integrated Advisors Network LLC now owns 7,550 shares of the restaurant operator’s stock valued at $1,078,000 after purchasing an additional 5,899 shares during the last quarter. Allspring Global Investments Holdings LLC increased its stake in Brinker International by 78.0% in the first quarter. Allspring Global Investments Holdings LLC now owns 143,484 shares of the restaurant operator’s stock valued at $20,568,000 after purchasing an additional 62,878 shares during the last quarter. Finally, Janus Henderson Group PLC lifted its position in Brinker International by 55.4% during the first quarter. Janus Henderson Group PLC now owns 30,366 shares of the restaurant operator’s stock worth $4,337,000 after buying an additional 10,826 shares during the period.

Brinker International News Roundup

Here are the key news stories impacting Brinker International this week:

  • Positive Sentiment: Strong Chili’s sales momentum: Chili’s delivered its fifth consecutive year of same-store sales growth, with cumulative comparable-sales gains reaching 71% over that period. New chicken-sandwich offerings and continued takeout and digital-ordering initiatives are helping the brand compete more effectively with fast-food restaurants. Brinker International fiscal 2026 results and fiscal 2027 guidance
  • Positive Sentiment: Fiscal 2027 outlook topped expectations: Brinker projected adjusted EPS of $12.60-$13.40, above the $12.47 analyst consensus, and revenue of $6.2-$6.3 billion, ahead of the approximately $6.1 billion expected by Wall Street. The outlook signals confidence that sales growth and operating improvements can continue. MarketWatch article on Chili’s sales gains
  • Positive Sentiment: Analyst support strengthened: TD Cowen raised its price target from $210 to $270 and assigned a Buy rating. UBS also increased its target to $260, while Bank of America reiterated its Buy rating after Brinker’s same-store sales performance and guidance exceeded expectations. Brinker hits new 52-week high on analyst upgrade
  • Positive Sentiment: Profitability and shareholder returns: Management highlighted continued growth momentum and expanded share repurchases, which could support per-share earnings and investor sentiment. Quarterly revenue rose 5.1% year over year to $1.54 billion, exceeding the $1.53 billion consensus estimate. Brinker expands share buybacks
  • Negative Sentiment: Minor quarterly EPS miss: Fiscal fourth-quarter EPS was $3.07, narrowly below the $3.09 consensus estimate, although it increased from $2.30 a year earlier. The modest miss appears outweighed by the revenue beat and stronger forward guidance. Brinker International quarterly earnings report

Brinker International Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Brinker International (NYSE:EAT)

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