Brinker International (NYSE:EAT) Given New $230.00 Price Target at BMO Capital Markets

Brinker International (NYSE:EAT) had its price objective boosted by analysts at BMO Capital Markets from $175.00 to $230.00 in a report issued on Thursday,Benzinga reports. The firm currently has a “market perform” rating on the restaurant operator’s stock. BMO Capital Markets’ price target points to a potential downside of 5.93% from the company’s previous close.

A number of other research firms also recently commented on EAT. Stephens raised their price objective on Brinker International from $220.00 to $300.00 and gave the stock an “overweight” rating in a report on Thursday. TD Cowen raised their price target on shares of Brinker International from $210.00 to $270.00 and gave the company a “buy” rating in a report on Wednesday. Weiss Ratings upgraded shares of Brinker International from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday. Citigroup raised their target price on shares of Brinker International from $189.00 to $227.00 and gave the company a “buy” rating in a research note on Tuesday, July 28th. Finally, KeyCorp increased their price target on Brinker International from $177.00 to $204.00 and gave the company an “overweight” rating in a report on Wednesday, July 15th. Sixteen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $211.75.

Brinker International Price Performance

Brinker International stock opened at $244.50 on Thursday. Brinker International has a 1 year low of $100.30 and a 1 year high of $252.52. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.35 and a current ratio of 0.40. The firm has a 50 day moving average price of $182.95 and a 200 day moving average price of $159.65. The company has a market cap of $10.49 billion, a price-to-earnings ratio of 23.97, a PEG ratio of 1.31 and a beta of 1.24.

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 analysts’ consensus estimates of $3.09 by ($0.02). Brinker International had a return on equity of 123.22% and a net margin of 8.07%.The company had revenue of $1.54 billion for the quarter, compared to analysts’ expectations of $1.53 billion. During the same period in the prior year, the business earned $2.30 EPS. The business’s revenue for the quarter was up 5.1% on a year-over-year basis. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. Sell-side analysts predict that Brinker International will post 10.76 earnings per share for the current year.

Institutional Trading of Brinker International

Several hedge funds have recently made changes to their positions in the stock. BlackRock Inc. increased its holdings in shares of Brinker International by 2.2% in the 2nd quarter. BlackRock Inc. now owns 6,729,477 shares of the restaurant operator’s stock worth $1,130,552,000 after acquiring an additional 145,525 shares during the period. Vanguard Group Inc. raised its holdings in Brinker International by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 4,819,397 shares of the restaurant operator’s stock worth $691,680,000 after purchasing an additional 73,346 shares in the last quarter. UBS Group AG lifted its holdings in shares of Brinker International by 103.2% in the fourth quarter. UBS Group AG now owns 2,975,655 shares of the restaurant operator’s stock valued at $427,066,000 after buying an additional 1,511,266 shares during the period. Arrowstreet Capital Limited Partnership raised its holdings in shares of Brinker International by 27.7% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,393,604 shares of the restaurant operator’s stock worth $176,542,000 after purchasing an additional 301,912 shares in the last quarter. Finally, Balyasny Asset Management L.P. lifted its holdings in shares of Brinker International by 667.5% during the fourth quarter. Balyasny Asset Management L.P. now owns 1,142,263 shares of the restaurant operator’s stock valued at $163,938,000 after purchasing an additional 993,435 shares during the last quarter.

Brinker International News Roundup

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

• Positive Sentiment: Strong Chili’s sales momentum: Chili’s delivered its fifth consecutive year of same-store sales growth, with cumulative comparable-sales gains reaching 71% over that period. New chicken-sandwich offerings and continued takeout and digital-ordering initiatives are helping the brand compete more effectively with fast-food restaurants. Brinker International fiscal 2026 results and fiscal 2027 guidance
• Positive Sentiment: Fiscal 2027 outlook topped expectations: Brinker projected adjusted EPS of $12.60-$13.40, above the $12.47 analyst consensus, and revenue of $6.2-$6.3 billion, ahead of the approximately $6.1 billion expected by Wall Street. The outlook signals confidence that sales growth and operating improvements can continue. MarketWatch article on Chili’s sales gains
• Positive Sentiment: Analyst support strengthened: TD Cowen raised its price target from $210 to $270 and assigned a Buy rating. UBS also increased its target to $260, while Bank of America reiterated its Buy rating after Brinker’s same-store sales performance and guidance exceeded expectations. Brinker hits new 52-week high on analyst upgrade
• Positive Sentiment: Profitability and shareholder returns: Management highlighted continued growth momentum and expanded share repurchases, which could support per-share earnings and investor sentiment. Quarterly revenue rose 5.1% year over year to $1.54 billion, exceeding the $1.53 billion consensus estimate. Brinker expands share buybacks
• Negative Sentiment: Minor quarterly EPS miss: Fiscal fourth-quarter EPS was $3.07, narrowly below the $3.09 consensus estimate, although it increased from $2.30 a year earlier. The modest miss appears outweighed by the revenue beat and stronger forward guidance. Brinker International quarterly earnings report

Brinker International Company Profile

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.