Brinker International, Inc. (EAT) Scheduled to Post Earnings on Thursday
Brinker International, Inc. (NYSE:EAT) will release its earnings data before the market opens on Thursday, August 10th. Analysts expect Brinker International to post earnings of $1.05 per share for the quarter.
Brinker International, Inc. (NYSE EAT) opened at 34.93 on Wednesday. The stock has a market capitalization of $1.71 billion, a PE ratio of 11.41 and a beta of 0.25. Brinker International, Inc. has a 12-month low of $34.18 and a 12-month high of $55.84. The company has a 50-day moving average price of $36.81 and a 200-day moving average price of $41.46.
EAT has been the topic of a number of research analyst reports. Maxim Group reaffirmed a “buy” rating and issued a $54.00 price target on shares of Brinker International in a research note on Thursday, June 15th. ValuEngine raised Brinker International from a “hold” rating to a “buy” rating in a research note on Thursday, July 27th. Stephens reaffirmed an “equal weight” rating and issued a $52.00 price target on shares of Brinker International in a research note on Wednesday, April 26th. Barclays PLC reaffirmed an “equal weight” rating and issued a $47.00 price target on shares of Brinker International in a research note on Tuesday, July 4th. Finally, Zacks Investment Research raised Brinker International from a “sell” rating to a “hold” rating in a research note on Wednesday, April 26th. Three research analysts have rated the stock with a sell rating, twelve have given a hold rating and four have given a buy rating to the company’s stock. Brinker International has a consensus rating of “Hold” and a consensus price target of $46.54.
In related news, EVP Steve Provost sold 2,750 shares of Brinker International stock in a transaction that occurred on Thursday, May 11th. The stock was sold at an average price of $44.06, for a total transaction of $121,165.00. Following the transaction, the executive vice president now owns 29,780 shares in the company, valued at $1,312,106.80. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 1.76% of the company’s stock.
Brinker International Company Profile
Brinker International, Inc is engaged in the ownership, operation, development, and franchising of the Chili’s Grill & Bar (Chili’s) and Maggiano’s Little Italy (Maggiano’s) restaurant brands. The Company’s Chili’s operates Bar & Grill category of casual dining. Chili’s menu features authentic Fresh Mex and Fresh Tex cuisine, including signature items, such as Baby Back Ribs smoked in-house, Hand-Crafted Burgers served with house-made garlic dill pickles, Mix and Match Fajitas, Tableside Guacamole and house-made Chips and Salsa.
Receive News & Ratings for Brinker International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brinker International Inc. and related companies with MarketBeat.com's FREE daily email newsletter.