Brokerages Set Brinker International, Inc. (NYSE:EAT) Price Target at $175.76

Brinker International, Inc. (NYSE:EAT) has earned a consensus rating of “Moderate Buy” from the eighteen brokerages that are covering the firm, MarketBeat reports. Eight research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $175.7647.

Several equities analysts have issued reports on EAT shares. Stifel Nicolaus decreased their price objective on shares of Brinker International from $215.00 to $200.00 and set a “buy” rating on the stock in a report on Friday, October 24th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Brinker International in a research note on Monday, December 29th. BMO Capital Markets lifted their price objective on Brinker International from $140.00 to $170.00 and gave the stock a “market perform” rating in a report on Tuesday, January 6th. Bank of America raised Brinker International from a “neutral” rating to a “buy” rating and increased their target price for the company from $190.00 to $192.00 in a report on Monday, October 6th. Finally, Mizuho raised their target price on Brinker International from $155.00 to $175.00 and gave the company an “outperform” rating in a research report on Friday, January 9th.

Institutional Investors Weigh In On Brinker International

Large investors have recently modified their holdings of the business. Allspring Global Investments Holdings LLC lifted its stake in shares of Brinker International by 7.6% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 80,606 shares of the restaurant operator’s stock worth $12,213,000 after buying an additional 5,665 shares in the last quarter. Exchange Traded Concepts LLC acquired a new stake in Brinker International in the 4th quarter valued at about $148,000. Norden Group LLC purchased a new position in Brinker International in the 4th quarter worth approximately $256,000. Congress Asset Management Co. acquired a new position in shares of Brinker International during the 4th quarter worth approximately $80,518,000. Finally, Assenagon Asset Management S.A. boosted its holdings in shares of Brinker International by 579.9% during the 4th quarter. Assenagon Asset Management S.A. now owns 296,959 shares of the restaurant operator’s stock worth $42,620,000 after purchasing an additional 253,285 shares during the last quarter.

Brinker International Stock Up 0.9%

Shares of EAT opened at $167.05 on Friday. The firm has a market cap of $7.42 billion, a P/E ratio of 17.33, a PEG ratio of 1.14 and a beta of 1.34. Brinker International has a 12 month low of $100.30 and a 12 month high of $192.21. The stock’s 50 day moving average is $142.62 and its two-hundred day moving average is $145.38. The company has a current ratio of 0.35, a quick ratio of 0.29 and a debt-to-equity ratio of 1.53.

Brinker International (NYSE:EAT) 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 for the quarter, compared to analyst estimates of $1.32 billion. During the same quarter last year, the firm posted $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 fiscal year.

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.