Zacks Research Issues Positive Outlook for EAT Earnings

Brinker International, Inc. (NYSE:EAT) – Stock analysts at Zacks Research lifted their Q1 2027 EPS estimates for Brinker International in a note issued to investors on Tuesday, October 6th. Zacks Research analyst Team now forecasts that the restaurant operator will earn $2.42 per share for the quarter, up from their prior estimate of $2.29. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for Brinker International’s current full-year earnings is $13.16 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.

Several other equities analysts have also issued reports on EAT. Weiss Ratings raised Brinker International from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, September 11th. Mizuho increased their price objective on shares of Brinker International from $175.00 to $275.00 and gave the company an “outperform” rating in a research report on Thursday, August 13th. Morgan Stanley raised their price objective on shares of Brinker International from $250.00 to $260.00 and gave the company an “overweight” rating in a research note on Thursday, September 10th. Northcoast Research raised shares of Brinker International from a “neutral” rating to a “buy” rating and set a $275.00 target price for the company in a report on Tuesday, September 22nd. Finally, Piper Sandler upped their target price on shares of Brinker International from $166.00 to $240.00 and gave the stock a “neutral” rating in a research note on Monday, August 17th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, Brinker International has an average rating of “Moderate Buy” and an average target price of $243.38.

Brinker International Trading Up 2.8%

Brinker International stock opened at $190.43 on Wednesday. Brinker International has a 12 month low of $100.30 and a 12 month high of $254.99. The company has a market capitalization of $7.95 billion, a price-to-earnings ratio of 17.49, a price-to-earnings-growth ratio of 0.96 and a beta of 1.25. The business’s fifty day simple moving average is $219.15 and its two-hundred day simple moving average is $178.77. The company has a current ratio of 0.45, a quick ratio of 0.40 and a debt-to-equity ratio of 0.95.

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

Hedge Funds Weigh In On Brinker International

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

Insider Activity

In other Brinker International news, SVP James M. Butler sold 10,000 shares of the business’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $240.37, for a total value of $2,403,700.00. Following the completion of the transaction, the senior vice president owned 9,064 shares of the company’s stock, valued at approximately $2,178,713.68. The trade was a 52.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Joseph DePinto sold 25,000 shares of the stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $230.39, for a total transaction of $5,759,750.00. Following the transaction, the director owned 77,812 shares in the company, valued at approximately $17,927,106.68. This trade represents a 24.32% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 173,694 shares of company stock valued at $41,568,690. Corporate insiders own 1.18% of the company’s stock.

More Brinker International News

Here are the key news stories impacting Brinker International this week:

• Positive Sentiment: Zacks upgrades EAT to Strong Buy: Zacks Research raised its rating from Hold to Strong Buy, reinforcing the bullish view on Brinker’s earnings outlook. Brinker International upgraded to Strong Buy
• Positive Sentiment: Long-term earnings forecasts generally improved: Zacks lifted estimates for fiscal 2027 EPS to $13.06, fiscal 2028 EPS to $13.97 and fiscal 2029 EPS to $15.22. It also raised several quarterly estimates, including fiscal 2027 first-quarter EPS to $2.42 and fiscal 2028 fourth-quarter EPS to $4.45, indicating expectations for continued earnings momentum. Zacks Research raises earnings estimates
• Positive Sentiment: Value and growth screens are favorable: Zacks highlighted Brinker as a potentially attractive long-term value stock and separately identified it as a top growth stock, which may broaden investor interest beyond short-term trading. Why Brinker International is a top value stock Why Brinker International is a top growth stock
• Neutral Sentiment: Expansion plans are drawing attention: Analysts are monitoring Brinker’s expansion strategy as a potential catalyst, but the available report does not provide specific store-count, investment or financial targets. Recent slide and expansion plans
• Negative Sentiment: Some near-term estimates were trimmed: Zacks reduced fiscal 2027 second-quarter EPS to $3.23 from $3.24 and fiscal 2027 third-quarter EPS to $3.34 from $3.45. These modest cuts temper the otherwise positive forecast revisions.

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.