Shares of Brinker International, Inc. (NYSE:EAT – Get Free Report) have received an average rating of “Moderate Buy” from the eighteen brokerages that are presently covering the firm, Marketbeat reports. Nine research analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 12-month target price among brokerages that have covered the stock in the last year is $170.2941.
A number of equities analysts have recently issued reports on EAT shares. Mizuho started coverage on shares of Brinker International in a research report on Tuesday, October 28th. They set an “outperform” rating and a $155.00 target price on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of Brinker International in a research note on Monday. Bank of America upgraded shares of Brinker International from a “neutral” rating to a “buy” rating and increased their target price for the stock from $190.00 to $192.00 in a research note on Monday, October 6th. UBS Group dropped their price target on Brinker International from $165.00 to $144.00 and set a “neutral” rating on the stock in a research report on Monday, October 27th. Finally, The Goldman Sachs Group decreased their price objective on Brinker International from $207.00 to $180.00 and set a “buy” rating for the company in a research report on Tuesday, September 30th.
Get Our Latest Stock Report on EAT
Brinker International Stock Performance
Brinker International (NYSE:EAT – Get Free Report) last announced its earnings results on Wednesday, October 29th. The restaurant operator reported $1.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.76 by $0.17. Brinker International had a return on equity of 164.66% and a net margin of 7.94%.The firm had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.32 billion. During the same period in the prior year, the firm earned $0.95 EPS. The business’s revenue was up 18.5% on a year-over-year basis. Brinker International has set its FY 2026 guidance at 9.900-10.50 EPS. Analysts predict that Brinker International will post 8.3 earnings per share for the current year.
Institutional Trading of Brinker International
Hedge funds have recently made changes to their positions in the company. Concord Wealth Partners acquired a new position in shares of Brinker International during the second quarter worth about $25,000. Allworth Financial LP boosted its holdings in Brinker International by 105.8% in the 2nd quarter. Allworth Financial LP now owns 142 shares of the restaurant operator’s stock valued at $26,000 after purchasing an additional 73 shares in the last quarter. AdvisorNet Financial Inc purchased a new stake in Brinker International in the 2nd quarter valued at approximately $33,000. Twin Peaks Wealth Advisors LLC acquired a new position in Brinker International during the 2nd quarter worth approximately $34,000. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in shares of Brinker International in the third quarter valued at approximately $25,000.
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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