Brinker International (NYSE:EAT) Stock Price Expected to Rise, Jefferies Financial Group Analyst Says

Brinker International (NYSE:EAT) had its target price hoisted by investment analysts at Jefferies Financial Group from $125.00 to $155.00 in a note issued to investors on Monday,Benzinga reports. The firm currently has a “hold” rating on the restaurant operator’s stock. Jefferies Financial Group’s price target points to a potential upside of 6.57% from the stock’s current price.

Other equities research analysts also recently issued reports about the stock. Bank of America upgraded shares of 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 note on Monday, October 6th. Wells Fargo & Company decreased their price objective on Brinker International from $175.00 to $160.00 and set an “overweight” rating for the company in a report on Thursday, October 30th. The Goldman Sachs Group lowered their price objective on Brinker International from $207.00 to $180.00 and set a “buy” rating for the company in a research report on Tuesday, September 30th. UBS Group reduced their target price on Brinker International from $165.00 to $144.00 and set a “neutral” rating on the stock in a research report on Monday, October 27th. Finally, Morgan Stanley decreased their price target on Brinker International from $161.00 to $160.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 22nd. Ten analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $168.33.

Brinker International Price Performance

Shares of EAT stock opened at $145.44 on Monday. The stock’s 50-day moving average is $128.50 and its 200 day moving average is $148.52. Brinker International has a 1-year low of $100.30 and a 1-year high of $192.21. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.35 and a quick ratio of 0.29. The company has a market cap of $6.46 billion, a P/E ratio of 15.09, a PEG ratio of 0.99 and a beta of 1.35.

Brinker International (NYSE:EAT) last released its quarterly earnings results on Wednesday, October 29th. The restaurant operator reported $1.93 EPS for the quarter, beating 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 analyst estimates of $1.32 billion. During the same period in the prior year, the firm posted $0.95 earnings per share. The company’s quarterly revenue was up 18.5% on a year-over-year basis. Brinker International has set its FY 2026 guidance at 9.900-10.50 EPS. Research analysts predict that Brinker International will post 8.3 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. LPL Financial LLC lifted its holdings in shares of Brinker International by 26.0% during the first quarter. LPL Financial LLC now owns 13,311 shares of the restaurant operator’s stock worth $1,984,000 after purchasing an additional 2,743 shares during the period. National Bank of Canada FI raised its position in Brinker International by 227.3% during the 1st quarter. National Bank of Canada FI now owns 252 shares of the restaurant operator’s stock worth $38,000 after buying an additional 175 shares during the last quarter. Townsquare Capital LLC acquired a new stake in Brinker International during the 1st quarter valued at approximately $254,000. Dimensional Fund Advisors LP lifted its stake in Brinker International by 5.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 967,550 shares of the restaurant operator’s stock valued at $144,201,000 after acquiring an additional 46,896 shares during the period. Finally, Aberdeen Group plc boosted its holdings in shares of Brinker International by 13.1% in the 1st quarter. Aberdeen Group plc now owns 169,936 shares of the restaurant operator’s stock valued at $25,329,000 after acquiring an additional 19,619 shares during the last quarter.

About Brinker International

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.