DA Davidson Forecasts Strong Price Appreciation for Brinker International (NYSE:EAT) Stock

Brinker International (NYSE:EATGet Free Report) had its price target boosted by analysts at DA Davidson from $160.00 to $260.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the restaurant operator’s stock. DA Davidson’s price target suggests a potential upside of 6.34% from the company’s current price.

A number of other analysts also recently issued reports on EAT. Mizuho raised their price objective on shares of Brinker International from $175.00 to $275.00 and gave the stock an “outperform” rating in a report on Thursday. KeyCorp boosted their target price on shares of Brinker International from $204.00 to $275.00 and gave the company an “overweight” rating in a research note on Thursday. Morgan Stanley increased their target price on shares of Brinker International from $205.00 to $207.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Barclays raised their price target on shares of Brinker International from $170.00 to $175.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 30th. Finally, TD Cowen upped their price objective on Brinker International from $210.00 to $270.00 and gave the company a “buy” rating in a research note on Wednesday. Sixteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $220.55.

Check Out Our Latest Analysis on EAT

Brinker International Stock Performance

Shares of Brinker International stock opened at $244.50 on Thursday. The business’s fifty day simple moving average is $182.95 and its 200 day simple moving average is $159.65. The firm has a market capitalization of $10.49 billion, a P/E ratio of 23.97, a price-to-earnings-growth ratio of 1.31 and a beta of 1.24. Brinker International has a 12 month low of $100.30 and a 12 month high of $252.52. The company has a current ratio of 0.40, a quick ratio of 0.35 and a debt-to-equity ratio of 1.05.

Brinker International (NYSE:EATGet Free Report) last announced its earnings results on Wednesday, August 12th. The restaurant operator reported $3.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.09 by ($0.02). The business had revenue of $1.54 billion for the quarter, compared to analysts’ expectations of $1.53 billion. Brinker International had a net margin of 8.07% and a return on equity of 123.22%. The company’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period in the prior year, the business earned $2.30 earnings per share. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. As a group, analysts anticipate that Brinker International will post 10.76 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of EAT. Allworth Financial LP grew its position in shares of Brinker International by 58.5% during the 3rd quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock valued at $28,000 after acquiring an additional 83 shares during the period. Rezny Wealth Management Inc. raised its holdings in Brinker International by 0.8% in the 4th quarter. Rezny Wealth Management Inc. now owns 11,738 shares of the restaurant operator’s stock worth $1,685,000 after purchasing an additional 92 shares during the period. Salomon & Ludwin LLC lifted its position in Brinker International by 45.1% during the fourth quarter. Salomon & Ludwin LLC now owns 299 shares of the restaurant operator’s stock valued at $45,000 after purchasing an additional 93 shares in the last quarter. New Age Alpha Advisors LLC lifted its position in Brinker International by 4.8% during the fourth quarter. New Age Alpha Advisors LLC now owns 2,047 shares of the restaurant operator’s stock valued at $294,000 after purchasing an additional 94 shares in the last quarter. Finally, Smith Group Asset Management LLC grew its holdings in Brinker International by 0.5% during the second quarter. Smith Group Asset Management LLC now owns 20,669 shares of the restaurant operator’s stock valued at $3,472,000 after purchasing an additional 104 shares during the period.

Key Headlines Impacting Brinker International

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

About Brinker International

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Brinker International (NYSE:EAT)

Receive News & Ratings for Brinker International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brinker International and related companies with MarketBeat.com's FREE daily email newsletter.