Brinker International (NYSE:EAT) Price Target Raised to $155.00

Brinker International (NYSE:EAT) had its price objective lifted by research analysts at Jefferies Financial Group from $125.00 to $155.00 in a report released on Monday,Benzinga reports. The firm currently has a “hold” rating on the restaurant operator’s stock. Jefferies Financial Group’s price target would suggest a potential upside of 7.05% from the stock’s previous close.

EAT has been the topic of several other reports. Citigroup raised Brinker International from a “neutral” rating to a “buy” rating and raised their price objective for the company from $144.00 to $176.00 in a research report on Tuesday, November 25th. Wells Fargo & Company dropped their target price on Brinker International from $175.00 to $160.00 and set an “overweight” rating on the stock in a report on Thursday, October 30th. Bank of America raised Brinker International from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $190.00 to $192.00 in a research report on Monday, October 6th. Morgan Stanley lowered their price objective on shares of Brinker International from $161.00 to $160.00 and set an “equal weight” rating for the company in a research report on Wednesday, October 22nd. Finally, Stifel Nicolaus dropped their price objective on shares of Brinker International from $215.00 to $200.00 and set a “buy” rating on the stock in a research note on Friday, October 24th. Ten equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $168.33.

Brinker International Trading Up 0.2%

EAT stock traded up $0.34 during midday trading on Monday, reaching $144.79. 837,251 shares of the company’s stock traded hands, compared to its average volume of 1,505,129. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.35 and a quick ratio of 0.29. Brinker International has a fifty-two week low of $100.30 and a fifty-two week high of $192.21. The business has a 50-day moving average price of $127.77 and a two-hundred day moving average price of $148.88. The company has a market capitalization of $6.43 billion, a P/E ratio of 14.98, a PEG ratio of 1.00 and a beta of 1.34.

Brinker International (NYSE:EAT) last released its quarterly earnings data on Wednesday, October 29th. The restaurant operator reported $1.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.17. The company had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.32 billion. Brinker International had a net margin of 7.94% and a return on equity of 164.66%. The business’s quarterly revenue was up 18.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.95 earnings per share. Brinker International has set its FY 2026 guidance at 9.900-10.50 EPS. Equities research analysts forecast that Brinker International will post 8.3 EPS for the current fiscal year.

Institutional Investors Weigh In On Brinker International

Institutional investors have recently bought and sold shares of the stock. Concord Wealth Partners acquired a new stake in Brinker International during the second quarter valued at approximately $25,000. Caitong International Asset Management Co. Ltd acquired a new position in Brinker International in the third quarter worth approximately $25,000. Allworth Financial LP increased its holdings in shares of Brinker International by 105.8% in the second quarter. Allworth Financial LP now owns 142 shares of the restaurant operator’s stock valued at $26,000 after buying an additional 73 shares in the last quarter. Salomon & Ludwin LLC bought a new position in shares of Brinker International in the third quarter valued at $26,000. Finally, AdvisorNet Financial Inc acquired a new stake in shares of Brinker International during the 2nd quarter valued at $33,000.

About Brinker International

Brinker International, Inc, together with its subsidiaries, engages in the ownership, development, operation, and franchising of casual dining restaurants in the United States and internationally. It operates and franchises Chili's Grill & Bar and Maggiano's Little Italy restaurant brands.