Brinker International (NYSE:EAT) Price Target Raised to $280.00

Brinker International (NYSE:EAT) had its price objective upped by Robert W. Baird from $270.00 to $280.00 in a research report sent to investors on Thursday,Benzinga reports. Robert W. Baird currently has an outperform rating on the restaurant operator’s stock.

Several other brokerages have also weighed in on EAT. Raymond James Financial raised Brinker International from an “outperform” rating to a “strong-buy” rating and decreased their price objective for the stock from $270.00 to $260.00 in a report on Friday, October 16th. BMO Capital Markets raised their target price on Brinker International from $175.00 to $230.00 and gave the stock a “market perform” rating in a research report on Thursday, August 13th. Mizuho lifted their price target on shares of Brinker International from $175.00 to $275.00 and gave the stock an “outperform” rating in a research note on Thursday, August 13th. DA Davidson lowered their price target on shares of Brinker International from $240.00 to $210.00 and set a “neutral” rating on the stock in a report on Monday, September 21st. Finally, Seaport Research Partners began coverage on shares of Brinker International in a report on Wednesday, September 16th. They issued a “buy” rating and a $230.00 price target on the stock. Three research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $249.80.

Brinker International Stock Down 3.5%

EAT stock opened at $212.27 on Thursday. Brinker International has a twelve month low of $100.30 and a twelve month high of $254.99. The company has a market cap of $8.82 billion, a PE ratio of 18.69, a price-to-earnings-growth ratio of 1.14 and a beta of 1.25. The business’s 50-day simple moving average is $209.45 and its 200 day simple moving average is $174.58. The company has a quick ratio of 0.40, a current ratio of 0.34 and a debt-to-equity ratio of 1.13.

Brinker International (NYSE:EAT) last posted its quarterly earnings results on Wednesday, October 28th. The restaurant operator reported $2.77 EPS for the quarter, beating the consensus estimate of $2.45 by $0.32. The firm had revenue of $1.48 billion during the quarter, compared to analysts’ expectations of $1.46 billion. Brinker International had a return on equity of 125.65% and a net margin of 8.44%. The company’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.17 EPS. On average, research analysts anticipate that Brinker International will post 13.67 earnings per share for the current year.

Insider Activity

In other news, Director James Katzman sold 650 shares of the firm’s stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $220.09, for a total transaction of $143,058.50. Following the completion of the sale, the director owned 25,094 shares of the company’s stock, valued at approximately $5,522,938.46. This trade represents a 2.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Daniel Fuller sold 1,909 shares of Brinker International stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $253.54, for a total transaction of $484,007.86. Following the completion of the transaction, the senior vice president owned 30,177 shares of the company’s stock, valued at $7,651,076.58. This trade represents a 5.95% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 213,694 shares of company stock valued at $50,383,890. Corporate insiders own 1.18% of the company’s stock.

Institutional Investors Weigh In On Brinker International

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. One Way Holdings LLC bought a new position in Brinker International in the 3rd quarter valued at $280,000. Virtue Capital Management LLC acquired a new position in Brinker International in the third quarter worth $1,112,000. ProShare Advisors LLC grew its holdings in shares of Brinker International by 14.4% during the third quarter. ProShare Advisors LLC now owns 7,089 shares of the restaurant operator’s stock worth $1,372,000 after purchasing an additional 894 shares during the last quarter. Vise Technologies Inc. grew its holdings in shares of Brinker International by 6.6% during the third quarter. Vise Technologies Inc. now owns 2,078 shares of the restaurant operator’s stock worth $402,000 after purchasing an additional 129 shares during the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al grew its holdings in shares of Brinker International by 12.8% during the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 21,166 shares of the restaurant operator’s stock worth $4,096,000 after purchasing an additional 2,400 shares during the last quarter.

Trending Headlines about Brinker International

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

• Positive Sentiment: Brinker issued fiscal 2027 EPS guidance of $13.30–$13.90, above the $13.26 analyst consensus. The company’s strong first-quarter results, including accelerating Chili’s traffic, also supported investor optimism. Brinker International advances on strong Q1 results and raised outlook
• Positive Sentiment: Analysts broadly raised their views following the results. Wells Fargo lifted its target to $285, Baird to $280, Citigroup to $277, TD Cowen to $270, Morgan Stanley to $262 and KeyCorp to $258; the firms maintained bullish ratings such as “buy,” “overweight” or “outperform.” Wells Fargo analyst recommendations
• Positive Sentiment: Zacks highlighted Brinker as a strong growth stock, reinforcing the investment case based on its growth-oriented metrics. Why Brinker International is a strong growth stock
• Neutral Sentiment: Fiscal 2027 revenue guidance of $6.2 billion–$6.3 billion is broadly in line with expectations, although its midpoint is slightly below the $6.3 billion consensus estimate.
• Negative Sentiment: CEO Kevin Hochman sold 40,000 EAT shares for approximately $8.8 million, reducing his ownership by 27.66%. While the transaction does not necessarily indicate a change in business fundamentals, the sizable insider sale can weigh on sentiment. SEC insider ownership filing

Brinker International Company Profile

Brinker International, Inc is a casual-dining restaurant company that owns, operates and franchises restaurants in the United States and select international markets. The company is headquartered in Dallas, Texas, and serves customers through company-operated and franchised locations.

Brinker’s principal brands are Chili’s Grill & Bar and Maggiano’s Little Italy. Chili’s offers a broad menu of burgers, steaks, ribs, fajitas, Tex-Mex dishes, salads and beverages in a full-service, casual setting.