Analysts Set Brinker International, Inc. (NYSE:EAT) Target Price at $168.33

Shares of Brinker International, Inc. (NYSE:EATGet Free Report) have been given an average rating of “Moderate Buy” by the nineteen research firms that are currently covering the company, Marketbeat Ratings reports. Nine equities research analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $169.1667.

A number of analysts have recently issued reports on the stock. UBS Group dropped their price target on shares of Brinker International from $165.00 to $144.00 and set a “neutral” rating on the stock in a report on Monday, October 27th. Morgan Stanley dropped their target price on shares of Brinker International from $161.00 to $160.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 22nd. Wells Fargo & Company lifted their target price on shares of Brinker International from $160.00 to $175.00 and gave the stock an “overweight” rating in a research report on Wednesday. Evercore ISI upgraded shares of Brinker International from an “in-line” rating to an “outperform” rating and boosted their target price for the company from $190.00 to $210.00 in a research note on Thursday, September 4th. Finally, Jefferies Financial Group raised their price target on Brinker International from $125.00 to $155.00 and gave the stock a “hold” rating in a research note on Monday, December 15th.

Read Our Latest Stock Analysis on Brinker International

Institutional Trading of Brinker International

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EAT. Concord Wealth Partners bought a new stake in shares of Brinker International during the 2nd quarter valued at $25,000. Caitong International Asset Management Co. Ltd purchased a new position in Brinker International during the third quarter valued at $25,000. Allworth Financial LP grew its holdings in Brinker International by 105.8% during the second quarter. Allworth Financial LP now owns 142 shares of the restaurant operator’s stock valued at $26,000 after purchasing an additional 73 shares during the period. Salomon & Ludwin LLC purchased a new stake in Brinker International in the third quarter worth about $26,000. Finally, AdvisorNet Financial Inc bought a new position in shares of Brinker International in the second quarter worth about $33,000.

Brinker International Stock Performance

Shares of EAT opened at $149.63 on Wednesday. The company has a market cap of $6.65 billion, a price-to-earnings ratio of 15.52, a P/E/G ratio of 1.04 and a beta of 1.35. The business’s fifty day simple moving average is $129.99 and its two-hundred day simple moving average is $148.33. Brinker International has a 12 month low of $100.30 and a 12 month high of $192.21. The company has a current ratio of 0.35, a quick ratio of 0.29 and a debt-to-equity ratio of 1.53.

Brinker International (NYSE:EATGet Free Report) last announced its quarterly earnings results on Wednesday, October 29th. The restaurant operator reported $1.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.76 by $0.17. Brinker International had a return on equity of 164.66% and a net margin of 7.94%.The firm had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same period in the prior year, the company posted $0.95 earnings per share. The company’s quarterly revenue was up 18.5% on a year-over-year basis. Brinker International has set its FY 2026 guidance at 9.900-10.50 EPS. Research analysts anticipate that Brinker International will post 8.3 earnings per share for the current fiscal year.

About Brinker International

(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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