Brinker International (NYSE:EAT) Shares Pass Above 200 Day Moving Average – Here’s Why

Brinker International, Inc. (NYSE:EAT)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $142.11 and traded as high as $150.68. Brinker International shares last traded at $146.9190, with a volume of 962,475 shares.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Barclays increased their target price on Brinker International from $166.00 to $170.00 and gave the company an “equal weight” rating in a research report on Thursday, January 29th. Raymond James Financial raised shares of Brinker International from a “market perform” rating to an “outperform” rating and set a $195.00 price target on the stock in a research note on Wednesday, January 21st. Wall Street Zen lowered shares of Brinker International from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. JPMorgan Chase & Co. lifted their price objective on shares of Brinker International from $187.00 to $190.00 and gave the stock an “overweight” rating in a research note on Monday, March 16th. Finally, Citigroup boosted their target price on shares of Brinker International from $187.00 to $190.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $186.61.

Brinker International Price Performance

The stock’s 50 day moving average price is $153.18 and its 200-day moving average price is $142.11. The company has a quick ratio of 0.31, a current ratio of 0.36 and a debt-to-equity ratio of 1.19. The stock has a market capitalization of $6.40 billion, a PE ratio of 14.86, a price-to-earnings-growth ratio of 1.01 and a beta of 1.34.

Brinker International (NYSE:EAT) last posted its quarterly earnings results on Wednesday, January 28th. The restaurant operator reported $2.87 EPS for the quarter, topping the consensus estimate of $2.53 by $0.34. Brinker International had a net margin of 7.98% and a return on equity of 134.92%. The company had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.41 billion. During the same quarter last year, the firm posted $2.80 EPS. The firm’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. As a group, equities analysts forecast that Brinker International, Inc. will post 8.3 EPS for the current year.

Insiders Place Their Bets

In other news, CMO George S. Felix sold 10,431 shares of the firm’s stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $161.00, for a total transaction of $1,679,391.00. Following the transaction, the chief marketing officer directly owned 8,064 shares of the company’s stock, valued at approximately $1,298,304. This trade represents a 56.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Michaela M. Ware sold 5,000 shares of Brinker International stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $162.40, for a total transaction of $812,000.00. Following the sale, the executive vice president directly owned 19,923 shares of the company’s stock, valued at $3,235,495.20. This represents a 20.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 97,678 shares of company stock worth $15,700,372. 1.43% of the stock is owned by company insiders.

Institutional Investors Weigh In On Brinker International

A number of institutional investors and hedge funds have recently bought and sold shares of EAT. Allworth Financial LP lifted its holdings in shares of Brinker International by 105.8% in the 2nd quarter. Allworth Financial LP now owns 142 shares of the restaurant operator’s stock worth $26,000 after buying an additional 73 shares during the period. Rezny Wealth Management Inc. increased its stake in shares of Brinker International by 0.8% during the fourth quarter. Rezny Wealth Management Inc. now owns 11,738 shares of the restaurant operator’s stock valued at $1,685,000 after buying an additional 92 shares during the period. Salomon & Ludwin LLC increased its stake in shares of Brinker International by 45.1% during the fourth quarter. Salomon & Ludwin LLC now owns 299 shares of the restaurant operator’s stock valued at $45,000 after buying an additional 93 shares during the period. New Age Alpha Advisors LLC raised its holdings in shares of Brinker International by 4.8% in the fourth quarter. New Age Alpha Advisors LLC now owns 2,047 shares of the restaurant operator’s stock valued at $294,000 after acquiring an additional 94 shares in the last quarter. Finally, Aviva PLC raised its holdings in shares of Brinker International by 2.8% in the fourth quarter. Aviva PLC now owns 4,123 shares of the restaurant operator’s stock valued at $592,000 after acquiring an additional 112 shares in the last quarter.

Brinker International Company Profile

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.