Brinker International (NYSE:EAT) Research Coverage Started at Wolfe Research

Wolfe Research began coverage on shares of Brinker International (NYSE:EAT) in a research report sent to investors on Monday, Marketbeat reports. The firm issued an outperform rating and a $184.00 price target on the restaurant operator’s stock.

EAT has been the topic of a number of other reports. Mizuho increased their target price on shares of Brinker International from $155.00 to $175.00 and gave the stock an “outperform” rating in a report on Friday, January 9th. Citigroup upped their price objective on Brinker International from $187.00 to $190.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. JPMorgan Chase & Co. increased their price objective on Brinker International from $177.00 to $187.00 and gave the company an “overweight” rating in a research note on Thursday, January 29th. DA Davidson assumed coverage on Brinker International in a report on Friday, March 6th. They issued a “neutral” rating and a $155.00 target price for the company. Finally, Jefferies Financial Group boosted their target price on Brinker International from $155.00 to $175.00 and gave the stock a “hold” rating in a research note on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $186.44.

Brinker International Stock Performance

NYSE EAT opened at $144.10 on Monday. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.36 and a quick ratio of 0.31. The company has a market cap of $6.28 billion, a P/E ratio of 14.57, a P/E/G ratio of 0.99 and a beta of 1.34. The stock has a 50-day moving average of $155.17 and a two-hundred day moving average of $142.99. Brinker International has a 1-year low of $100.30 and a 1-year high of $187.12.

Brinker International (NYSE:EAT) last issued its quarterly earnings results on Wednesday, January 28th. The restaurant operator reported $2.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.53 by $0.34. The business had revenue of $1.45 billion for the quarter, compared to analysts’ expectations of $1.41 billion. Brinker International had a net margin of 7.98% and a return on equity of 134.92%. The business’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.80 earnings per share. Brinker International has set its FY 2026 guidance at 1.045-10.850 EPS. As a group, analysts anticipate that Brinker International will post 8.3 EPS for the current year.

Insider Buying and Selling

In other news, Director Ramona Hood sold 400 shares of the firm’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $161.32, for a total value of $64,528.00. Following the sale, the director directly owned 9,066 shares in the company, valued at approximately $1,462,527.12. This trade represents a 4.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director James C. Katzman sold 447 shares of Brinker International stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $164.19, for a total transaction of $73,392.93. Following the sale, the director directly owned 28,994 shares of the company’s stock, valued at approximately $4,760,524.86. This trade represents a 1.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 97,678 shares of company stock worth $15,700,372. Corporate insiders own 1.43% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Brinker International during the 3rd quarter worth about $25,000. Allworth Financial LP boosted its holdings in 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 purchasing an additional 73 shares in the last quarter. Salomon & Ludwin LLC purchased a new position in Brinker International in the third quarter valued at approximately $26,000. Transamerica Financial Advisors LLC increased its stake in Brinker International by 570.4% in the fourth quarter. Transamerica Financial Advisors LLC now owns 181 shares of the restaurant operator’s stock valued at $26,000 after purchasing an additional 154 shares during the last quarter. Finally, Twin Peaks Wealth Advisors LLC acquired a new stake in Brinker International during the second quarter worth approximately $34,000.

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.