Shares of Brinker International, Inc. (NYSE:EAT – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the nineteen ratings firms that are currently covering the stock, MarketBeat reports. Five analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $186.5882.
A number of analysts have recently weighed in on the company. The Goldman Sachs Group upped their target price on Brinker International from $180.00 to $200.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. TD Cowen initiated coverage on Brinker International in a research report on Tuesday, January 20th. They issued a “buy” rating and a $192.00 price target on the stock. Raymond James Financial raised shares of Brinker International from a “market perform” rating to an “outperform” rating and set a $195.00 price objective for the company in a research report on Wednesday, January 21st. Wall Street Zen downgraded shares of Brinker International from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. Finally, JPMorgan Chase & Co. raised their target price on shares of Brinker International from $177.00 to $187.00 and gave the company an “overweight” rating in a report on Thursday, January 29th.
Read Our Latest Analysis on EAT
Brinker International Stock Performance
Brinker International (NYSE:EAT – Get Free Report) last issued its quarterly earnings results on Wednesday, January 28th. The restaurant operator reported $2.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.53 by $0.34. The business had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.41 billion. Brinker International had a return on equity of 134.92% and a net margin of 7.98%.The firm’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period in the previous year, the company posted $2.80 earnings per share. Brinker International has set its FY 2026 guidance at 1.045-10.850 EPS. Equities research analysts predict that Brinker International will post 8.3 earnings per share for the current year.
Insider Buying and Selling at Brinker International
In other news, EVP Aaron M. White sold 7,000 shares of the business’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $165.00, for a total transaction of $1,155,000.00. Following the completion of the transaction, the executive vice president owned 42,756 shares of the company’s stock, valued at approximately $7,054,740. The trade was a 14.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Michaela M. Ware sold 5,000 shares of the company’s stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $162.40, for a total value of $812,000.00. Following the sale, the executive vice president owned 19,923 shares of the company’s stock, valued at approximately $3,235,495.20. This represents a 20.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 97,678 shares of company stock valued at $15,700,372. 1.43% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of EAT. Meeder Asset Management Inc. boosted its position in Brinker International by 56.3% in the third quarter. Meeder Asset Management Inc. now owns 22,580 shares of the restaurant operator’s stock valued at $2,860,000 after buying an additional 8,137 shares in the last quarter. Seeds Investor LLC bought a new position in shares of Brinker International in the 2nd quarter valued at $414,000. Y Intercept Hong Kong Ltd lifted its stake in shares of Brinker International by 87.7% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 23,023 shares of the restaurant operator’s stock valued at $2,917,000 after acquiring an additional 10,754 shares during the last quarter. Alberta Investment Management Corp acquired a new stake in shares of Brinker International during the 2nd quarter valued at $4,112,000. Finally, Navellier & Associates Inc. grew its position in Brinker International by 25.6% during the 3rd quarter. Navellier & Associates Inc. now owns 18,491 shares of the restaurant operator’s stock worth $2,342,000 after acquiring an additional 3,771 shares during the last quarter.
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.
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