Brinker International (NYSE:EAT – Free Report) had its price objective boosted by Citigroup from $227.00 to $282.00 in a report released on Thursday,Benzinga reports. The firm currently has a buy rating on the restaurant operator’s stock.
A number of other research firms have also recently weighed in on EAT. Morgan Stanley increased their price target on Brinker International from $207.00 to $250.00 and gave the company an “overweight” rating in a research note on Thursday. UBS Group lifted their target price on shares of Brinker International from $190.00 to $260.00 and gave the stock a “buy” rating in a report on Monday, August 10th. BMO Capital Markets upped their price target on shares of Brinker International from $175.00 to $230.00 and gave the company a “market perform” rating in a research note on Thursday. Barclays upped their price objective on Brinker International from $170.00 to $175.00 and gave the company an “equal weight” rating in a report on Thursday, April 30th. Finally, Stephens raised their price objective on Brinker International from $220.00 to $300.00 and gave the stock an “overweight” rating in a research note on Thursday. Sixteen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $234.35.
Read Our Latest Research Report on Brinker International
Brinker International Stock Down 0.5%
Brinker International (NYSE:EAT – Get Free Report) last released its earnings results on Wednesday, August 12th. The restaurant operator reported $3.07 earnings per share for the quarter, missing analysts’ consensus estimates of $3.09 by ($0.02). Brinker International had a net margin of 8.39% and a return on equity of 122.35%. The business had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.53 billion. During the same period last year, the business posted $2.30 EPS. The firm’s revenue for the quarter was up 5.1% on a year-over-year basis. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. As a group, equities research analysts predict that Brinker International will post 13.19 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in the company. Allworth Financial LP boosted its position in Brinker International by 58.5% in the third quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock worth $28,000 after purchasing an additional 83 shares during the last quarter. Rezny Wealth Management Inc. increased its stake in shares of Brinker International by 0.8% in the fourth quarter. Rezny Wealth Management Inc. now owns 11,738 shares of the restaurant operator’s stock worth $1,685,000 after purchasing an additional 92 shares in the last quarter. Salomon & Ludwin LLC raised its holdings in Brinker International by 45.1% during the 4th quarter. Salomon & Ludwin LLC now owns 299 shares of the restaurant operator’s stock valued at $45,000 after acquiring an additional 93 shares during the period. New Age Alpha Advisors LLC lifted its holdings in Brinker International by 4.8% during the 4th quarter. New Age Alpha Advisors LLC now owns 2,047 shares of the restaurant operator’s stock worth $294,000 after purchasing an additional 94 shares in the last quarter. Finally, Smith Group Asset Management LLC lifted its holdings in shares of Brinker International by 0.5% in the second quarter. Smith Group Asset Management LLC now owns 20,669 shares of the restaurant operator’s stock worth $3,472,000 after buying an additional 104 shares in the last quarter.
Key Headlines Impacting Brinker International
Here are the key news stories impacting Brinker International this week:
- Positive Sentiment: Fiscal fourth-quarter results were broadly encouraging: revenue exceeded expectations, EPS increased 23.3% year over year, and Chili’s delivered strong sales and traffic growth with expanding margins. However, reported EPS was slightly below consensus in the company’s earnings release. Brinker Q4 Earnings Meet Estimates, Revenues Beat on Chili’s Growth
- Positive Sentiment: Management’s fiscal 2027 outlook calls for $12.60-$13.40 in EPS, supported in part by an extra 53rd operating week. Continued Chili’s traffic gains, restaurant reimages and cost control will determine whether the company can meet or exceed that guidance. EAT’s Fiscal 2027 Guidance Gets a Boost From the 53rd Operating Week
- Positive Sentiment: Several firms raised their price targets following the results, including Bank of America to $310 with a Buy rating, Stephens to $300, Citi to $282, Wells Fargo to $280 and KeyCorp to $275. These revisions reflect increased confidence in Chili’s execution and earnings growth.
- Neutral Sentiment: Brinker’s stock has risen 28.7% over the past month and reached a new 52-week high, raising expectations. Investors may now require continued traffic growth, margin delivery and guidance execution for further upside. EAT Jumps 28.7% in a Month
- Negative Sentiment: Northcoast Research downgraded EAT from Buy to Neutral, signaling that the recent rally may have priced in much of the expected improvement.
- Negative Sentiment: Analysts continue to flag elevated valuation, inflation and labor-cost risks, while Maggiano’s slower turnaround could limit consolidated growth. These concerns are contributing to profit-taking despite the favorable operating trends. Is EAT a Buy Now as Chili’s Growth Meets Cost and Valuation Risks?
About Brinker International
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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