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

Brinker International (NYSE:EAT) had its price target upped by Jefferies Financial Group from $125.00 to $155.00 in a research note issued to investors on Monday,Benzinga reports. Jefferies Financial Group currently has a hold rating on the restaurant operator’s stock.

EAT has been the topic of a number of other research reports. Wells Fargo & Company cut 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, October 30th. Morgan Stanley reduced 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. Evercore ISI upgraded Brinker International from an “in-line” rating to an “outperform” rating and lifted their price objective for the stock from $190.00 to $210.00 in a report on Thursday, September 4th. The Goldman Sachs Group reduced their target price on Brinker International from $207.00 to $180.00 and set a “buy” rating for the company in a report on Tuesday, September 30th. Finally, Bank of America upgraded Brinker International from a “neutral” rating to a “buy” rating and raised their target price for the company from $190.00 to $192.00 in a research report on Monday, October 6th. Ten equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $169.17.

Brinker International Trading Down 0.2%

Shares of Brinker International stock opened at $145.48 on Monday. The firm’s 50 day simple moving average is $128.97 and its two-hundred day simple moving average is $148.50. The firm has a market capitalization of $6.46 billion, a price-to-earnings ratio of 15.09, a PEG ratio of 1.00 and a beta of 1.35. Brinker International has a 12-month low of $100.30 and a 12-month high of $192.21. The company has a current ratio of 0.35, a quick ratio of 0.29 and a debt-to-equity ratio of 1.53.

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

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Allworth Financial LP grew its holdings in shares of Brinker International by 58.5% in the third quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock valued at $28,000 after purchasing an additional 83 shares during the period. Swiss Life Asset Management Ltd increased its holdings in shares of Brinker International by 78.3% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 2,040 shares of the restaurant operator’s stock worth $258,000 after buying an additional 896 shares during the last quarter. CIBC Private Wealth Group LLC raised its position in shares of Brinker International by 342.5% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,394 shares of the restaurant operator’s stock valued at $177,000 after buying an additional 1,079 shares during the period. CIBC Bancorp USA Inc. acquired a new position in Brinker International in the third quarter valued at approximately $598,000. Finally, Danske Bank A S purchased a new position in Brinker International in the third quarter worth approximately $2,446,000.

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.