Shares of Brinker International, Inc. (NYSE:EAT – Get Free Report) have been given a consensus rating of “Moderate Buy” by the twenty-one analysts that are currently covering the stock, Marketbeat Ratings reports. Seven research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $185.1053.
A number of brokerages have weighed in on EAT. Zacks Research cut shares of Brinker International from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. Wolfe Research started coverage on shares of Brinker International in a report on Monday, March 9th. They issued an “outperform” rating and a $184.00 price target for the company. JPMorgan Chase & Co. boosted their price objective on shares of Brinker International from $187.00 to $190.00 and gave the company an “overweight” rating in a research report on Monday, March 16th. TD Cowen dropped their price objective on shares of Brinker International from $188.00 to $170.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Finally, KeyCorp raised shares of Brinker International from a “sector weight” rating to an “overweight” rating and set a $177.00 target price on the stock in a report on Thursday, April 2nd.
Check Out Our Latest Stock Report on EAT
Brinker International Trading Down 0.1%
Brinker International (NYSE:EAT – Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The restaurant operator reported $2.90 earnings per share for the quarter, beating analysts’ consensus estimates of $2.85 by $0.05. Brinker International had a return on equity of 123.22% and a net margin of 8.07%.The business had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.47 billion. During the same period in the previous year, the business earned $2.66 EPS. The business’s quarterly revenue was up 3.2% on a year-over-year basis. Brinker International has set its FY 2026 guidance at 10.60-10.850 EPS. On average, analysts predict that Brinker International will post 10.75 EPS for the current year.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Allworth Financial LP increased its position in Brinker International by 58.5% in the third quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock worth $28,000 after buying an additional 83 shares during the period. Rezny Wealth Management Inc. boosted its holdings 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 acquiring an additional 92 shares during the period. Salomon & Ludwin LLC grew its position 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 worth $45,000 after acquiring an additional 93 shares during the last quarter. New Age Alpha Advisors LLC grew its position in shares of Brinker International by 4.8% during the fourth quarter. New Age Alpha Advisors LLC now owns 2,047 shares of the restaurant operator’s stock worth $294,000 after acquiring an additional 94 shares during the last quarter. Finally, Aviva PLC increased its holdings in shares of Brinker International by 2.8% in the 4th quarter. Aviva PLC now owns 4,123 shares of the restaurant operator’s stock worth $592,000 after acquiring an additional 112 shares during the period.
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.
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