Brinker International (NYSE:EAT) Releases FY 2027 Earnings Guidance

Key Points

• Brinker International issued FY 2027 guidance for earnings per share of $12.60–$13.40 and revenue of $6.2–$6.3 billion, both above Wall Street estimates.
• Analyst sentiment remains positive, with a consensus rating of “Moderate Buy” and an average price target of $196.75; several firms recently raised their targets.
• Shares opened at $220.86, near the company’s 52-week high of $232.47, while major institutional investors—including UBS, Samlyn Capital and Two Sigma—recently increased their holdings.

Brinker International (NYSE:EAT - Get Free Report) updated its FY 2027 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 12.600-13.400 for the period, compared to the consensus estimate of 12.470. The company issued revenue guidance of $6.2 billion-$6.3 billion, compared to the consensus revenue estimate of $6.1 billion.

Wall Street Analyst Weigh In

EAT has been the subject of a number of recent research reports. Citigroup boosted their price target on shares of Brinker International from $189.00 to $227.00 and gave the company a "buy" rating in a research note on Tuesday, July 28th. TD Cowen lifted their price target on Brinker International from $170.00 to $210.00 and gave the company a "buy" rating in a research note on Monday, July 20th. Morgan Stanley increased their price objective on Brinker International from $205.00 to $207.00 and gave the stock an "overweight" rating in a research note on Thursday, April 30th. Wells Fargo & Company lifted their target price on Brinker International from $200.00 to $220.00 and gave the company an "overweight" rating in a research report on Thursday, July 16th. Finally, Barclays increased their price target on Brinker International from $170.00 to $175.00 and gave the company an "equal weight" rating in a research report on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $196.75.

Brinker International Price Performance

NYSE:EAT opened at $220.86 on Wednesday. The firm has a market capitalization of $9.47 billion, a price-to-earnings ratio of 21.65, a P/E/G ratio of 1.35 and a beta of 1.23. Brinker International has a 52-week low of $100.30 and a 52-week high of $232.47. The stock has a fifty day moving average of $180.87 and a 200 day moving average of $159.07. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.35 and a current ratio of 0.40.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of EAT. UBS Group AG increased its stake in Brinker International by 155.2% in the third quarter. UBS Group AG now owns 1,464,389 shares of the restaurant operator's stock valued at $185,509,000 after acquiring an additional 890,593 shares during the last quarter. Samlyn Capital LLC lifted its stake in Brinker International by 104.9% during the third quarter. Samlyn Capital LLC now owns 878,584 shares of the restaurant operator's stock worth $111,299,000 after purchasing an additional 449,871 shares during the last quarter. Two Sigma Investments LP lifted its stake in Brinker International by 58.6% during the third quarter. Two Sigma Investments LP now owns 932,954 shares of the restaurant operator's stock worth $118,187,000 after purchasing an additional 344,539 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of Brinker International by 307.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 450,464 shares of the restaurant operator's stock worth $57,065,000 after purchasing an additional 339,966 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in shares of Brinker International by 27.7% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,393,604 shares of the restaurant operator's stock worth $176,542,000 after purchasing an additional 301,912 shares in the last quarter.

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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