Brinker International, Inc. (NYSE:EAT) has earned an average rating of “Hold” from the eighteen research firms that are currently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have issued a buy rating on the company. The average 1 year target price among brokerages that have covered the stock in the last year is $41.67.

Several research firms have issued reports on EAT. BMO Capital Markets restated a “hold” rating on shares of Brinker International in a research note on Monday, November 6th. Maxim Group restated a “buy” rating and issued a $49.00 price objective on shares of Brinker International in a research note on Thursday, November 2nd. Canaccord Genuity restated a “hold” rating on shares of Brinker International in a research note on Wednesday, November 1st. Barclays lowered their target price on Brinker International from $41.00 to $38.00 and set an “equal weight” rating on the stock in a research note on Wednesday, October 18th. Finally, Zacks Investment Research lowered Brinker International from a “buy” rating to a “hold” rating in a research note on Wednesday, October 18th.

In other Brinker International news, SVP Charles A. Lousignont sold 3,364 shares of the firm’s stock in a transaction on Thursday, November 9th. The stock was sold at an average price of $33.00, for a total transaction of $111,012.00. Following the transaction, the senior vice president now owns 15,074 shares in the company, valued at approximately $497,442. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Wyman Roberts sold 33,683 shares of the firm’s stock in a transaction on Tuesday, December 5th. The stock was sold at an average price of $37.88, for a total value of $1,275,912.04. Following the transaction, the insider now owns 137,572 shares in the company, valued at approximately $5,211,227.36. The disclosure for this sale can be found here. 1.91% of the stock is currently owned by company insiders.

Institutional investors have recently bought and sold shares of the business. Bruderman Asset Management LLC bought a new position in Brinker International during the 2nd quarter worth $123,000. Vident Investment Advisory LLC bought a new position in Brinker International during the 3rd quarter worth $221,000. Profund Advisors LLC increased its stake in Brinker International by 0.8% during the 2nd quarter. Profund Advisors LLC now owns 6,849 shares of the restaurant operator’s stock worth $261,000 after acquiring an additional 57 shares during the period. Nomura Holdings Inc. bought a new position in Brinker International during the 2nd quarter worth $262,000. Finally, Petrus Trust Company LTA increased its stake in Brinker International by 27.0% during the 2nd quarter. Petrus Trust Company LTA now owns 6,949 shares of the restaurant operator’s stock worth $265,000 after acquiring an additional 1,476 shares during the period.

Brinker International (NYSE EAT) traded up $0.70 during trading hours on Thursday, reaching $39.41. The company’s stock had a trading volume of 2,159,453 shares, compared to its average volume of 1,440,541. The company has a quick ratio of 0.28, a current ratio of 0.34 and a debt-to-equity ratio of -2.51. The company has a market capitalization of $1,757.64, a price-to-earnings ratio of 12.02, a price-to-earnings-growth ratio of 1.19 and a beta of 0.24. Brinker International has a 12-month low of $29.50 and a 12-month high of $51.79.

Brinker International (NYSE:EAT) last released its quarterly earnings data on Wednesday, November 1st. The restaurant operator reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.01). The business had revenue of $739.40 million during the quarter, compared to the consensus estimate of $749.05 million. Brinker International had a net margin of 4.39% and a negative return on equity of 30.36%. Brinker International’s quarterly revenue was down 2.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.49 EPS. equities research analysts forecast that Brinker International will post 3.22 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 28th. Stockholders of record on Friday, December 8th will be paid a dividend of $0.38 per share. The ex-dividend date is Thursday, December 7th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 3.86%. Brinker International’s dividend payout ratio (DPR) is currently 54.87%.

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About Brinker International

Brinker International, Inc is engaged in the ownership, operation, development, and franchising of the Chili’s Grill & Bar (Chili’s) and Maggiano’s Little Italy (Maggiano’s) restaurant brands. The Company’s Chili’s operates Bar & Grill category of casual dining. Chili’s menu features authentic Fresh Mex and Fresh Tex cuisine, including signature items, such as Baby Back Ribs smoked in-house, Hand-Crafted Burgers served with house-made garlic dill pickles, Mix and Match Fajitas, Tableside Guacamole and house-made Chips and Salsa.

Analyst Recommendations for Brinker International (NYSE:EAT)

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