Brinker International, Inc. (NYSE:EAT) Receives Average Rating of "Hold" from Brokerages

Key Points

• Brinker International, Inc. (NYSE:EAT) has received a consensus rating of "Hold" from seventeen analysts, with six advising a buy and eleven recommending a hold.
• The average twelve-month price target for Brinker International shares is $171.53, with recent price objectives ranging from $155.00 to $190.00 among various analysts.
• Brinker International reported earnings of $2.49 per share, exceeding expectations of $2.47, and its revenue rose by 21% year-over-year to $1.46 billion in the latest quarter.

Brinker International, Inc. (NYSE:EAT - Get Free Report) has been given a consensus rating of "Hold" by the seventeen analysts that are covering the company, MarketBeat.com reports. Eleven analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $171.5294.

Several analysts have recently commented on EAT shares. Piper Sandler increased their price objective on Brinker International from $155.00 to $168.00 and gave the stock a "neutral" rating in a research note on Thursday, August 14th. Morgan Stanley increased their price objective on Brinker International from $149.00 to $161.00 and gave the stock an "equal weight" rating in a research note on Thursday, August 14th. Wells Fargo & Company raised Brinker International from an "equal weight" rating to an "overweight" rating and increased their price objective for the stock from $165.00 to $175.00 in a research note on Monday, September 22nd. Bank of America increased their price objective on Brinker International from $186.00 to $190.00 and gave the stock a "neutral" rating in a research note on Thursday, August 14th. Finally, UBS Group increased their price objective on Brinker International from $155.00 to $165.00 and gave the stock a "neutral" rating in a research note on Thursday, August 14th.

Brinker International Stock Up 2.2%

EAT stock opened at $127.78 on Friday. The stock's 50 day simple moving average is $150.86 and its 200 day simple moving average is $155.54. Brinker International has a fifty-two week low of $78.03 and a fifty-two week high of $192.21. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.25 and a current ratio of 0.31. The company has a market cap of $5.69 billion, a P/E ratio of 15.38, a price-to-earnings-growth ratio of 0.80 and a beta of 1.38.

Brinker International (NYSE:EAT - Get Free Report) last posted its quarterly earnings results on Wednesday, August 13th. The restaurant operator reported $2.49 earnings per share for the quarter, topping analysts' consensus estimates of $2.47 by $0.02. The business had revenue of $1.46 billion for the quarter, compared to the consensus estimate of $1.42 billion. Brinker International had a return on equity of 211.86% and a net margin of 7.12%.The firm's revenue for the quarter was up 21.0% on a year-over-year basis. During the same period in the prior year, the business earned $1.61 EPS. Brinker International has set its FY 2026 guidance at 9.900-10.50 EPS. On average, research analysts expect that Brinker International will post 8.3 earnings per share for the current fiscal year.

Insider Activity at Brinker International

In related news, CEO Kevin Hochman sold 44,000 shares of the stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $157.82, for a total transaction of $6,944,080.00. Following the completion of the sale, the chief executive officer directly owned 212,867 shares of the company's stock, valued at approximately $33,594,669.94. This trade represents a 17.13% 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, Director Harriet Edelman sold 8,325 shares of the stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $157.00, for a total value of $1,307,025.00. Following the sale, the director directly owned 28,905 shares of the company's stock, valued at $4,538,085. The trade was a 22.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 68,325 shares of company stock valued at $10,754,785. 1.72% of the stock is owned by insiders.

Institutional Trading of Brinker International

A number of institutional investors and hedge funds have recently modified their holdings of the business. Allworth Financial LP boosted its position in Brinker International by 105.8% during the 2nd quarter. Allworth Financial LP now owns 142 shares of the restaurant operator's stock valued at $26,000 after acquiring an additional 73 shares in the last quarter. GPS Wealth Strategies Group LLC boosted its position in Brinker International by 52.1% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 219 shares of the restaurant operator's stock valued at $39,000 after acquiring an additional 75 shares in the last quarter. Sequoia Financial Advisors LLC boosted its position in Brinker International by 5.9% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 1,462 shares of the restaurant operator's stock valued at $264,000 after acquiring an additional 81 shares in the last quarter. Maryland State Retirement & Pension System boosted its position in Brinker International by 0.7% during the 2nd quarter. Maryland State Retirement & Pension System now owns 13,043 shares of the restaurant operator's stock valued at $2,352,000 after acquiring an additional 85 shares in the last quarter. Finally, Yousif Capital Management LLC boosted its position in Brinker International by 0.7% during the 2nd quarter. Yousif Capital Management LLC now owns 12,097 shares of the restaurant operator's stock valued at $2,181,000 after acquiring an additional 85 shares in the last quarter.

About Brinker International

Brinker International, Inc, together with its subsidiaries, engages in the ownership, development, operation, and franchising of casual dining restaurants in the United States and internationally. It operates and franchises Chili's Grill & Bar and Maggiano's Little Italy restaurant brands.

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