Brinker International (NYSE:EAT) Now Covered by Analysts at DA Davidson

DA Davidson began coverage on shares of Brinker International (NYSE:EAT) in a report issued on Friday,Benzinga reports. The firm set a “neutral” rating on the restaurant operator’s stock.

A number of other analysts have also recently weighed in on EAT. Jefferies Financial Group boosted their price objective on shares of Brinker International from $155.00 to $175.00 and gave the stock a “hold” rating in a research note on Thursday, January 29th. Weiss Ratings raised shares of Brinker International from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 4th. TD Cowen assumed coverage on Brinker International in a research report on Tuesday, January 20th. They issued a “buy” rating and a $192.00 price target on the stock. Barclays boosted their price objective on Brinker International from $166.00 to $170.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 29th. Finally, JPMorgan Chase & Co. raised their target price on Brinker International from $177.00 to $187.00 and gave the company an “overweight” rating in a report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $188.56.

Brinker International Stock Performance

Shares of EAT stock opened at $140.39 on Friday. Brinker International has a fifty-two week low of $100.30 and a fifty-two week high of $187.12. The stock’s 50-day moving average is $155.63 and its two-hundred day moving average is $143.44. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.36 and a quick ratio of 0.31. The firm has a market cap of $6.11 billion, a P/E ratio of 14.20, a PEG ratio of 0.97 and a beta of 1.34.

Brinker International (NYSE:EAT) last released its quarterly earnings data on Wednesday, January 28th. The restaurant operator reported $2.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.53 by $0.34. Brinker International had a net margin of 7.98% and a return on equity of 134.92%. The business had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.41 billion. During the same quarter in the previous year, the business earned $2.80 EPS. Brinker International’s quarterly revenue was up 6.9% compared to the same quarter last year. Brinker International has set its FY 2026 guidance at 1.045-10.850 EPS. Analysts predict that Brinker International will post 8.3 earnings per share for the current fiscal year.

Insider Transactions at Brinker International

In related news, CMO George S. Felix sold 10,431 shares of the stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $161.00, for a total value of $1,679,391.00. Following the completion of the transaction, the chief marketing officer owned 8,064 shares of the company’s stock, valued at $1,298,304. This represents a 56.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Michaela M. Ware sold 5,000 shares of Brinker International stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $162.40, for a total value of $812,000.00. Following the sale, the executive vice president directly owned 19,923 shares in the company, valued at $3,235,495.20. The trade was a 20.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 97,678 shares of company stock worth $15,700,372. 1.43% of the stock is currently owned by company insiders.

Institutional Trading of Brinker International

Several institutional investors have recently bought and sold shares of EAT. NewEdge Advisors LLC raised its stake in Brinker International by 1,118.9% during the first quarter. NewEdge Advisors LLC now owns 1,158 shares of the restaurant operator’s stock worth $173,000 after acquiring an additional 1,063 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Brinker International by 27.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 6,117 shares of the restaurant operator’s stock worth $1,103,000 after purchasing an additional 1,322 shares during the last quarter. Strs Ohio increased its position in shares of Brinker International by 25.5% during the 2nd quarter. Strs Ohio now owns 5,900 shares of the restaurant operator’s stock worth $1,064,000 after purchasing an additional 1,200 shares in the last quarter. Bank of Montreal Can increased its position in shares of Brinker International by 8.5% during the 2nd quarter. Bank of Montreal Can now owns 10,757 shares of the restaurant operator’s stock worth $1,940,000 after purchasing an additional 840 shares in the last quarter. Finally, GPS Wealth Strategies Group LLC lifted its holdings in Brinker International by 52.1% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 219 shares of the restaurant operator’s stock valued at $39,000 after purchasing an additional 75 shares during the last quarter.

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.