Q2 EPS Estimate for Brinker International Cut by Analyst

Brinker International, Inc. (NYSE:EAT) – Research analysts at Zacks Research reduced their Q2 2028 earnings per share estimates for shares of Brinker International in a report released on Tuesday, March 24th. Zacks Research analyst Team now expects that the restaurant operator will earn $3.24 per share for the quarter, down from their previous forecast of $3.30. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Brinker International’s current full-year earnings is $8.30 per share.

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, beating the consensus estimate of $2.53 by $0.34. Brinker International had a return on equity of 134.92% and a net margin of 7.98%.The firm had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.41 billion. During the same period in the previous year, the firm earned $2.80 earnings per share. The company’s revenue was up 6.9% compared to the same quarter last year. Brinker International has set its FY 2026 guidance at 1.045-10.850 EPS.

Several other equities research analysts also recently commented on the company. Citigroup boosted their price objective on Brinker International from $187.00 to $190.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Raymond James Financial upgraded shares of Brinker International from a “market perform” rating to an “outperform” rating and set a $195.00 price target for the company in a research note on Wednesday, January 21st. Wells Fargo & Company lifted their price objective on shares of Brinker International from $175.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, January 22nd. UBS Group upped their target price on shares of Brinker International from $175.00 to $190.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Finally, Weiss Ratings cut shares of Brinker International from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, March 10th. Thirteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $186.61.

Brinker International Stock Performance

Shares of Brinker International stock opened at $133.86 on Thursday. The business has a 50-day simple moving average of $151.45 and a 200 day simple moving average of $141.91. The firm has a market capitalization of $5.83 billion, a price-to-earnings ratio of 13.53, a PEG ratio of 0.97 and a beta of 1.34. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.36 and a quick ratio of 0.31. Brinker International has a one year low of $100.30 and a one year high of $187.12.

Insider Buying and Selling at Brinker International

In related news, Director James C. Katzman sold 447 shares of the firm’s stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $164.19, for a total transaction of $73,392.93. Following the completion of the sale, the director owned 28,994 shares in the company, valued at approximately $4,760,524.86. This trade represents a 1.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Aaron M. White sold 7,000 shares of Brinker International stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $165.00, for a total transaction of $1,155,000.00. Following the completion of the sale, the executive vice president directly owned 42,756 shares in the company, valued at approximately $7,054,740. This represents a 14.07% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 97,678 shares of company stock valued at $15,700,372 in the last three months. 1.43% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Brinker International

A number of hedge funds have recently modified their holdings of EAT. UBS Group AG boosted its holdings in Brinker International by 103.2% in the 4th quarter. UBS Group AG now owns 2,975,655 shares of the restaurant operator’s stock worth $427,066,000 after buying an additional 1,511,266 shares during the period. Balyasny Asset Management L.P. raised its holdings in Brinker International by 667.5% during the 4th quarter. Balyasny Asset Management L.P. now owns 1,142,263 shares of the restaurant operator’s stock valued at $163,938,000 after acquiring an additional 993,435 shares during the period. Norges Bank bought a new stake in Brinker International during the 4th quarter valued at $83,603,000. Congress Asset Management Co. purchased a new stake in shares of Brinker International during the fourth quarter worth $80,518,000. Finally, Capital World Investors lifted its position in shares of Brinker International by 96.5% during the fourth quarter. Capital World Investors now owns 1,137,863 shares of the restaurant operator’s stock worth $163,306,000 after acquiring an additional 558,799 shares in the last quarter.

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.