Brinker International (NYSE:EAT) Shares Down 4.9% – What’s Next?

Shares of Brinker International, Inc. (NYSE:EAT) traded down 4.9% on Tuesday . The stock traded as low as $151.81 and last traded at $150.6240. 155,489 shares were traded during trading, a decline of 87% from the average session volume of 1,185,718 shares. The stock had previously closed at $158.31.

Wall Street Analyst Weigh In

Several equities analysts have commented on EAT shares. BMO Capital Markets increased their price target on shares of Brinker International from $140.00 to $170.00 and gave the company a “market perform” rating in a research note on Tuesday, January 6th. Zacks Research cut shares of Brinker International from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. Wells Fargo & Company lifted their price target on shares of Brinker International from $175.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday, January 22nd. Citigroup reduced their price target on shares of Brinker International from $190.00 to $186.00 and set a “buy” rating for the company in a research report on Monday, April 13th. Finally, Wall Street Zen downgraded shares of Brinker International from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. Fifteen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $185.68.

Brinker International Stock Performance

The firm has a fifty day simple moving average of $147.39 and a 200-day simple moving average of $143.26. The company has a market cap of $6.27 billion, a PE ratio of 14.55, a price-to-earnings-growth ratio of 1.04 and a beta of 1.34. The company has a quick ratio of 0.31, a current ratio of 0.36 and a debt-to-equity ratio of 1.19.

Brinker International (NYSE:EAT) last issued its quarterly earnings data on Wednesday, January 28th. The restaurant operator reported $2.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.53 by $0.34. The company had revenue of $1.45 billion for the quarter, compared to analyst estimates of $1.41 billion. Brinker International had a return on equity of 134.92% and a net margin of 7.98%.The business’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter last year, the company posted $2.80 earnings per share. Brinker International has set its FY 2026 guidance at 1.045-10.850 EPS. On average, research analysts forecast that Brinker International, Inc. will post 10.69 EPS for the current fiscal year.

Insider Transactions at Brinker International

In related news, CEO Kevin Hochman sold 66,000 shares of the business’s stock in a transaction dated Thursday, January 29th. The stock was sold at an average price of $160.31, for a total value of $10,580,460.00. Following the transaction, the chief executive officer owned 129,824 shares in the company, valued at $20,812,085.44. The trade was a 33.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Aaron M. White sold 7,000 shares of the business’s stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $165.00, for a total value of $1,155,000.00. Following the completion of the transaction, the executive vice president owned 42,756 shares in the company, valued at $7,054,740. This trade represents a 14.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 97,678 shares of company stock worth $15,700,372 over the last three months. 1.43% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Brinker International

Institutional investors have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd acquired a new position in Brinker International in the 3rd quarter valued at about $25,000. Salomon & Ludwin LLC purchased a new stake in Brinker International in the 3rd quarter valued at approximately $26,000. Transamerica Financial Advisors LLC boosted its holdings in Brinker International by 570.4% in the 4th quarter. Transamerica Financial Advisors LLC now owns 181 shares of the restaurant operator’s stock valued at $26,000 after purchasing an additional 154 shares in the last quarter. Allworth Financial LP boosted its holdings in Brinker International by 58.5% in the 3rd quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock valued at $28,000 after purchasing an additional 83 shares in the last quarter. Finally, First Horizon Corp boosted its holdings in Brinker International by 116.0% in the 4th quarter. First Horizon Corp now owns 337 shares of the restaurant operator’s stock valued at $48,000 after purchasing an additional 181 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.