Zacks Research Issues Positive Forecast for EAT Earnings

Key Points

• Zacks Research raised its Q1 2027 EPS estimate for Brinker International to $2.42, up from $2.29, while projecting full-year 2027 earnings of $13.06 per share.
• Analyst sentiment remains favorable, with Brinker holding a consensus rating of “Moderate Buy” and an average price target of $243.38.
• Brinker’s stock opened at $190.08, down 2.1%, after its latest quarterly results slightly missed EPS expectations despite revenue rising 5.1% year over year; insiders have sold more than $41.5 million of shares over the past 90 days.

Brinker International, Inc. (NYSE:EAT - Free Report) - Equities research analysts at Zacks Research lifted their Q1 2027 earnings estimates for Brinker International in a research note issued on Tuesday, October 6th. Zacks Research analyst Team now expects that the restaurant operator will earn $2.42 per share for the quarter, up from their previous estimate of $2.29. The consensus estimate for Brinker International's current full-year earnings is $13.15 per share. Zacks Research also issued estimates for Brinker International's Q4 2027 earnings at $4.06 EPS, FY2027 earnings at $13.06 EPS, Q1 2028 earnings at $2.59 EPS, Q3 2028 earnings at $3.61 EPS, Q4 2028 earnings at $4.45 EPS, FY2028 earnings at $13.97 EPS and FY2029 earnings at $15.22 EPS.

EAT has been the topic of several other reports. BMO Capital Markets raised their target price on shares of Brinker International from $175.00 to $230.00 and gave the stock a "market perform" rating in a research report on Thursday, August 13th. Bank of America increased their price target on shares of Brinker International from $224.00 to $310.00 and gave the stock a "buy" rating in a research note on Friday, August 14th. KeyCorp lifted their price target on shares of Brinker International from $204.00 to $275.00 and gave the company an "overweight" rating in a report on Thursday, August 13th. DA Davidson lowered their price objective on shares of Brinker International from $240.00 to $210.00 and set a "neutral" rating for the company in a research note on Monday, September 21st. Finally, Seaport Research Partners started coverage on Brinker International in a research report on Wednesday, September 16th. They issued a "buy" rating and a $230.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, Brinker International presently has an average rating of "Moderate Buy" and a consensus target price of $243.38.

Brinker International Stock Down 2.1%

EAT opened at $190.08 on Wednesday. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.45 and a quick ratio of 0.40. The stock has a market capitalization of $7.94 billion, a price-to-earnings ratio of 17.45, a price-to-earnings-growth ratio of 1.01 and a beta of 1.25. The business has a 50-day moving average of $219.96 and a two-hundred day moving average of $178.16. Brinker International has a 12 month low of $100.30 and a 12 month high of $254.99.

Brinker International (NYSE:EAT - Get Free Report) last posted its quarterly earnings data on Wednesday, August 12th. The restaurant operator reported $3.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.09 by ($0.02). The business had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.53 billion. Brinker International had a return on equity of 122.35% and a net margin of 8.39%.Brinker International's revenue for the quarter was up 5.1% compared to the same quarter last year. During the same quarter last year, the business earned $2.30 EPS. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS.

Insiders Place Their Bets

In other Brinker International news, Director James Katzman sold 650 shares of Brinker International stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $220.09, for a total value of $143,058.50. Following the completion of the transaction, the director owned 25,094 shares of the company's stock, valued at $5,522,938.46. The trade was a 2.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, SVP James Butler sold 10,000 shares of the business's stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $240.37, for a total transaction of $2,403,700.00. Following the sale, the senior vice president directly owned 9,064 shares of the company's stock, valued at approximately $2,178,713.68. This represents a 52.45% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 173,694 shares of company stock worth $41,568,690. Corporate insiders own 1.18% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EAT. Kilter Group LLC acquired a new position in shares of Brinker International during the second quarter valued at $35,000. CoreCap Advisors LLC boosted its stake in Brinker International by 33,000.0% during the 2nd quarter. CoreCap Advisors LLC now owns 331 shares of the restaurant operator's stock valued at $56,000 after purchasing an additional 330 shares during the period. Global Retirement Partners LLC bought a new position in Brinker International in the 2nd quarter worth about $71,000. Parkside Financial Bank & Trust grew its position in Brinker International by 881.2% in the 2nd quarter. Parkside Financial Bank & Trust now owns 471 shares of the restaurant operator's stock worth $79,000 after purchasing an additional 423 shares during the last quarter. Finally, Allworth Financial LP acquired a new stake in shares of Brinker International in the second quarter valued at approximately $80,000.

About Brinker International

Brinker International, Inc is a Dallas-based restaurant company that owns, operates and franchises casual dining establishments. Its portfolio is led by Chili's Grill & Bar, a full-service restaurant brand known for burgers, steaks, fajitas, ribs and other American-style menu items, and Maggiano's Little Italy, which specializes in Italian-American cuisine and operates both restaurants and catering services.

Brinker also developed It's Just Wings, a virtual restaurant brand offering chicken wings, fries and related items through delivery and takeout.

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