Brinker International (NYSE:EAT) Stock Price Expected to Rise, TD Cowen Analyst Says

Brinker International (NYSE:EAT) had its target price hoisted by equities research analysts at TD Cowen from $170.00 to $210.00 in a research note issued to investors on Monday,Benzinga reports. The brokerage presently has a “buy” rating on the restaurant operator’s stock. TD Cowen’s price target points to a potential upside of 8.89% from the stock’s current price.

EAT has been the topic of several other reports. KeyCorp raised their target price on Brinker International from $177.00 to $204.00 and gave the company an “overweight” rating in a report on Wednesday, July 15th. Weiss Ratings raised Brinker International from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, June 16th. Barclays raised their price objective on Brinker International from $170.00 to $175.00 and gave the company an “equal weight” rating in a research note on Thursday, April 30th. Morgan Stanley boosted their target price on Brinker International from $205.00 to $207.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Finally, Citigroup decreased their target price on Brinker International from $190.00 to $186.00 and set a “buy” rating for the company in a research report on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $191.20.

Brinker International Stock Performance

EAT stock opened at $192.86 on Monday. The company has a quick ratio of 0.35, a current ratio of 0.40 and a debt-to-equity ratio of 1.05. The company has a market capitalization of $8.27 billion, a price-to-earnings ratio of 18.91, a P/E/G ratio of 1.15 and a beta of 1.24. Brinker International has a 12 month low of $100.30 and a 12 month high of $196.38. The firm has a 50 day moving average of $158.72 and a two-hundred day moving average of $153.63.

Brinker International (NYSE:EAT) last announced 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 company had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.47 billion. During the same quarter in the prior year, the business posted $2.66 EPS. Brinker International’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. As a group, equities analysts anticipate that Brinker International will post 10.74 EPS for the current fiscal year.

Hedge Funds Weigh In On Brinker International

Several large investors have recently made changes to their positions in the business. Transamerica Financial Advisors LLC grew its holdings in Brinker International by 570.4% in the 4th quarter. Transamerica Financial Advisors LLC now owns 181 shares of the restaurant operator’s stock valued at $26,000 after buying an additional 154 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Brinker International in the third quarter worth $25,000. Allworth Financial LP grew its stake in shares of 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 acquiring an additional 83 shares during the last quarter. Salomon & Ludwin LLC increased its position in 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 period. Finally, CoreCap Advisors LLC increased its position in Brinker International by 33,000.0% during the second quarter. CoreCap Advisors LLC now owns 331 shares of the restaurant operator’s stock worth $56,000 after acquiring an additional 330 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.