Brinker International (NYSE:EAT) Price Target Raised to $204.00 at KeyCorp

Brinker International (NYSE:EAT) had its price target hoisted by KeyCorp from $177.00 to $204.00 in a research note published on Wednesday,Benzinga reports. They currently have an overweight rating on the restaurant operator’s stock.

Several other equities research analysts have also weighed in on EAT. 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. Citigroup decreased their target price on shares of Brinker International from $190.00 to $186.00 and set a “buy” rating for the company in a research report on Monday, April 13th. Barclays lifted their price target on Brinker International from $170.00 to $175.00 and gave the company an “equal weight” rating in a report on Thursday, April 30th. Zacks Research downgraded Brinker International from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. Finally, Morgan Stanley increased their price objective on Brinker International from $205.00 to $207.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Fourteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $186.53.

Brinker International Price Performance

Shares of EAT stock opened at $178.78 on Wednesday. The firm has a fifty day moving average of $154.66 and a two-hundred day moving average of $152.33. The firm has a market cap of $7.67 billion, a P/E ratio of 17.53, a P/E/G ratio of 1.15 and a beta of 1.24. Brinker International has a 1-year low of $100.30 and a 1-year high of $192.20. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.40 and a quick ratio of 0.35.

Brinker International (NYSE:EAT) last issued its quarterly earnings results on Wednesday, April 29th. The restaurant operator reported $2.90 EPS for the quarter, topping the consensus estimate of $2.85 by $0.05. Brinker International had a net margin of 8.07% and a return on equity of 123.22%. The business had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.47 billion. During the same quarter last year, the company posted $2.66 earnings per share. The company’s quarterly revenue was up 3.2% compared to the same quarter last year. Brinker International has set its FY 2026 guidance at 10.60-10.850 EPS. As a group, research analysts anticipate that Brinker International will post 10.75 earnings per share for the current fiscal year.

Institutional Trading of Brinker International

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Brinker International in the third quarter valued at $25,000. Transamerica Financial Advisors LLC grew its holdings in Brinker International by 570.4% during the fourth quarter. Transamerica Financial Advisors LLC now owns 181 shares of the restaurant operator’s stock worth $26,000 after acquiring an additional 154 shares during the period. Allworth Financial LP grew its holdings in Brinker International by 58.5% during the third quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock worth $28,000 after acquiring an additional 83 shares during the period. Salomon & Ludwin LLC raised its position in Brinker International by 45.1% in 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 in the last quarter. Finally, First Horizon Corp raised its position in Brinker International by 116.0% in the fourth quarter. First Horizon Corp now owns 337 shares of the restaurant operator’s stock worth $48,000 after acquiring an additional 181 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.