Brinker International (NYSE:EAT – Get Free Report) had its price objective hoisted by analysts at Robert W. Baird from $270.00 to $280.00 in a research note issued on Thursday, Benzinga reports. The brokerage currently has an “outperform” rating on the restaurant operator’s stock. Robert W. Baird‘s price target suggests a potential upside of 27.10% from the company’s previous close.
Several other analysts also recently weighed in on the company. Citigroup reduced their target price on Brinker International from $282.00 to $270.00 and set a “buy” rating for the company in a report on Monday, October 19th. Mizuho boosted their target price on Brinker International from $175.00 to $275.00 and gave the company an “outperform” rating in a report on Thursday, August 13th. Bank of America lifted their target price on shares of Brinker International from $224.00 to $310.00 and gave the company a “buy” rating in a report on Friday, August 14th. Stephens reiterated an “overweight” rating and issued a $300.00 price objective on shares of Brinker International in a research report on Friday, September 18th. Finally, Weiss Ratings raised Brinker International from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, September 11th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $248.20.
Brinker International Price Performance
EAT stock opened at $220.29 on Thursday. The company has a quick ratio of 0.40, a current ratio of 0.45 and a debt-to-equity ratio of 0.95. Brinker International has a fifty-two week low of $100.30 and a fifty-two week high of $254.99. The business has a 50 day moving average price of $210.12 and a 200 day moving average price of $174.06. The stock has a market cap of $9.20 billion, a price-to-earnings ratio of 20.23, a PEG ratio of 0.95 and a beta of 1.25.
Brinker International (NYSE:EAT – Get Free Report) last issued its earnings results on Wednesday, October 28th. The restaurant operator reported $2.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.45 by $0.32. The business had revenue of $1.48 billion during the quarter, compared to analysts’ expectations of $1.46 billion. Brinker International had a net margin of 8.39% and a return on equity of 122.35%. The company’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.17 EPS. Equities research analysts anticipate that Brinker International will post 13.20 earnings per share for the current fiscal year.
Insider Buying and Selling at Brinker International
In related news, Director Joseph DePinto sold 25,000 shares of Brinker International stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $230.39, for a total transaction of $5,759,750.00. Following the completion of the sale, the director owned 77,812 shares in the company, valued at approximately $17,927,106.68. This trade represents a 24.32% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP James M. Butler sold 10,000 shares of Brinker International stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $240.37, for a total transaction of $2,403,700.00. Following the sale, the senior vice president owned 9,064 shares of the company’s stock, valued at approximately $2,178,713.68. This trade represents a 52.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 173,694 shares of company stock worth $41,568,690. 1.18% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the stock. Deutsche Bank AG boosted its position in Brinker International by 18.0% in the 2nd quarter. Deutsche Bank AG now owns 63,795 shares of the restaurant operator’s stock valued at $10,718,000 after buying an additional 9,733 shares during the last quarter. Callan Family Office LLC bought a new stake in shares of Brinker International in the second quarter worth $2,258,000. Wealth High Governance Capital Ltda acquired a new stake in Brinker International in the second quarter valued at $3,710,000. Bank of America Corp DE lifted its position in shares of Brinker International by 37.7% during the first quarter. Bank of America Corp DE now owns 242,648 shares of the restaurant operator’s stock worth $34,643,000 after purchasing an additional 66,383 shares during the last quarter. Finally, Cynosure Group LLC bought a new position in Brinker International during the 2nd quarter worth approximately $766,000.
More Brinker International News
Here are the key news stories impacting Brinker International this week:
- Positive Sentiment: Quarterly earnings and revenue exceeded expectations. Brinker reported adjusted EPS of $2.77, above the roughly $2.45–$2.49 consensus range and up from $2.17 a year earlier. Revenue rose 9.4% year over year to $1.48 billion, topping the $1.46 billion estimate. Brinker International fiscal 2027 first-quarter results
- Positive Sentiment: Chili’s continued to drive comparable-sales growth. The brand posted a 10% increase in same-store sales, its 22nd consecutive quarter of growth. The result follows a 21% increase in the prior-year period and represents 52% cumulative comparable-sales growth over three years, highlighting strong brand momentum despite difficult comparisons. Brinker rallies after Chili’s results
- Positive Sentiment: Management raised its fiscal 2027 earnings outlook. Brinker now expects adjusted EPS of $13.30 to $13.90, slightly above the FactSet estimate of $13.28. The upward revision suggests management expects continued sales strength and operating leverage. Brinker fiscal 2027 adjusted EPS outlook
- Neutral Sentiment: The strong report comes after a substantial stock rally: EAT trades well above its 50-day and 200-day moving averages and near its 12-month high. This reflects positive momentum but also leaves the shares more exposed to profit-taking if future results or guidance disappoint. Brinker advances on strong first-quarter results
About Brinker International
Brinker International, Inc is a casual-dining restaurant company that owns, operates and franchises restaurants in the United States and select international markets. The company is headquartered in Dallas, Texas, and serves customers through company-operated and franchised locations.
Brinker’s principal brands are Chili’s Grill & Bar and Maggiano’s Little Italy. Chili’s offers a broad menu of burgers, steaks, ribs, fajitas, Tex-Mex dishes, salads and beverages in a full-service, casual setting.
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