Brinker International’s “” Rating Reaffirmed at Tigress Financial (EAT)
A number of other firms have also recently commented on EAT. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Brinker International in a research note on Monday. They now have a $53.00 price target on the stock, down previously from $59.00. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Brinker International in a research note on Monday. They now have a $48.00 price target on the stock. Finally, analysts at Robert W. Baird upgraded shares of Brinker International from a “neutral” rating to an “outperform” rating in a research note on Friday, August 8th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and nine have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $47.61.
Brinker International (NYSE:EAT) traded down 0.06% during mid-day trading on Thursday, hitting $46.51. The stock had a trading volume of 720,520 shares. Brinker International has a 52 week low of $38.40 and a 52 week high of $55.45. The stock has a 50-day moving average of $46.42 and a 200-day moving average of $49.58. The company has a market cap of $3.024 billion and a price-to-earnings ratio of 20.59.
Brinker International (NYSE:EAT) last released its earnings data on Thursday, August 7th. The company reported $0.85 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.47 by $0.38. The company had revenue of $758.73 million for the quarter, compared to the consensus estimate of $968.45 million. During the same quarter in the prior year, the company posted $0.77 earnings per share. The company’s quarterly revenue was up 3.9% on a year-over-year basis. Analysts expect that Brinker International will post $3.08 EPS for the current fiscal year.
Brinker International, Inc (NYSE:EAT) owns, develops, operates and franchises the Chili’s Grill & Bar (Chili’s) and Maggiano’s Little Italy (Maggiano’s) restaurant brands.
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