Brinker International Stock Price, News & Analysis (NYSE:EAT)

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Brinker International in the last year. There are currently 3 sell ratings, 9 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" EAT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EAT, but not buy additional shares or sell existing shares.
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16 Wall Street research analysts have issued 12-month price targets for Brinker International's shares. Their EAT share price targets range from $28.00 to $45.00. On average, they predict the company's share price to reach $37.80 in the next year. This suggests that the stock has a possible downside of 3.8%.
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Brinker International's stock was trading at $31.91 at the start of the year. Since then, EAT shares have increased by 23.2% and is now trading at $39.31.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 7th 2024.
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Brinker International, Inc. (NYSE:EAT) announced its earnings results on Wednesday, November, 1st. The restaurant operator reported $0.28 EPS for the quarter, topping the consensus estimate of $0.03 by $0.25. The restaurant operator had revenue of $1.01 billion for the quarter, compared to analysts' expectations of $1.01 billion. Brinker International had a negative trailing twelve-month return on equity of 84.94% and a net margin of 3.34%. The company's revenue for the quarter was up 6.0% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.57) earnings per share.

ETFs with the largest weight of Brinker International (NYSE:EAT) stock in their portfolio include AdvisorShares Restaurant ETF (EATZ) and Invesco S&P SmallCap Consumer Discretionary ETF (PSCD).Harbor Corporate Culture Small Cap ETF (HAPS).

Brinker International updated its FY 2024 earnings guidance on Wednesday, November, 1st. The company provided earnings per share (EPS) guidance of $3.35-$3.65 for the period, compared to the consensus earnings per share estimate of $3.32. The company issued revenue guidance of $4.27 billion-$4.35 billion, compared to the consensus revenue estimate of $4.31 billion.

980 employees have rated Brinker International Chief Executive Officer Wyman Roberts on Glassdoor.com. Wyman Roberts has an approval rating of 72% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Brinker International investors own include Cracker Barrel Old Country Store (CBRL), AT&T (T), Ford Motor (F), AbbVie (ABBV), Boeing (BA), Intel (INTC), QUALCOMM (QCOM), Energy Transfer (ET), Pfizer (PFE) and General Motors (GM).

Brinker International's stock is owned by a number of institutional and retail investors. Top institutional investors include FMR LLC (15.14%), Cooper Creek Partners Management LLC (4.10%), Morgan Stanley (3.11%), Charles Schwab Investment Management Inc. (1.31%), Northern Trust Corp (1.11%) and LSV Asset Management (1.09%). Insiders that own company stock include Daniel S Fuller, Douglas N Comings, Harriet Edelman, Joseph G Taylor, Prashant Ranade, Rick Badgley, Steve Provost, Wade Allen and Wyman Roberts.
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Shares of EAT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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