Analysts Set Brinker International, Inc. (NYSE:EAT) Price Target at $165.61

Shares of Brinker International, Inc. (NYSE:EAT) have been given an average recommendation of “Moderate Buy” by the nineteen brokerages that are presently covering the stock, Marketbeat Ratings reports. Nine investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $165.6667.

EAT has been the topic of several research analyst reports. Barclays lowered their price objective on shares of Brinker International from $145.00 to $135.00 and set an “equal weight” rating on the stock in a research note on Thursday. Wells Fargo & Company lowered their price objective on shares of Brinker International from $175.00 to $160.00 and set an “overweight” rating on the stock in a research note on Thursday. UBS Group lowered their price objective on shares of Brinker International from $165.00 to $144.00 and set a “neutral” rating on the stock in a research note on Monday, October 27th. JPMorgan Chase & Co. lowered their price objective on shares of Brinker International from $175.00 to $155.00 and set an “overweight” rating on the stock in a research note on Thursday. Finally, Citigroup lowered their price objective on shares of Brinker International from $156.00 to $144.00 and set a “neutral” rating on the stock in a research note on Thursday.

Brinker International Trading Up 0.3%

Shares of EAT stock opened at $108.39 on Tuesday. Brinker International has a 12 month low of $102.66 and a 12 month high of $192.21. The company has a quick ratio of 0.25, a current ratio of 0.35 and a debt-to-equity ratio of 1.53. The business’s 50 day moving average is $137.72 and its two-hundred day moving average is $152.74. The company has a market cap of $4.82 billion, a PE ratio of 11.24, a price-to-earnings-growth ratio of 0.77 and a beta of 1.38.

Brinker International (NYSE:EAT) last posted its quarterly earnings data on Wednesday, October 29th. The restaurant operator reported $1.93 earnings per share for the quarter, beating the consensus estimate of $1.76 by $0.17. The company had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.32 billion. Brinker International had a return on equity of 164.66% and a net margin of 7.94%.Brinker International’s revenue for the quarter was up 18.5% compared to the same quarter last year. During the same period 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 analysts predict that Brinker International will post 8.3 EPS for the current year.

Insider Buying and Selling

In related news, Director Harriet Edelman sold 8,325 shares of the firm’s stock in a transaction on Thursday, August 14th. The stock was sold at an average price of $157.00, for a total value of $1,307,025.00. Following the completion of the transaction, the director directly owned 28,905 shares of the company’s stock, valued at $4,538,085. This trade represents a 22.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Kevin Hochman sold 44,000 shares of the firm’s stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $157.82, for a total value of $6,944,080.00. Following the completion of the transaction, the chief executive officer directly owned 212,867 shares of the company’s stock, valued at approximately $33,594,669.94. This trade represents a 17.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 68,325 shares of company stock valued at $10,754,785 over the last ninety days. 1.43% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of EAT. GAMMA Investing LLC lifted its position in Brinker International by 153.4% in the first quarter. GAMMA Investing LLC now owns 783 shares of the restaurant operator’s stock worth $117,000 after purchasing an additional 474 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in Brinker International by 12.8% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 6,267 shares of the restaurant operator’s stock worth $934,000 after purchasing an additional 713 shares during the period. Sequoia Financial Advisors LLC bought a new position in Brinker International in the first quarter worth $206,000. Robeco Institutional Asset Management B.V. bought a new position in Brinker International in the first quarter worth $565,000. Finally, Sumitomo Mitsui Trust Group Inc. bought a new position in Brinker International in the first quarter worth $492,000.

Brinker International Company Profile

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.