Brinker International (NYSE:EAT) Coverage Initiated at Wolfe Research

Equities researchers at Wolfe Research started coverage on shares of Brinker International (NYSE:EAT) in a report released on Monday. The brokerage set an “outperform” rating and a $184.00 price target on the restaurant operator’s stock. Wolfe Research’s price objective would suggest a potential upside of 42.32% from the company’s previous close.

Other equities research analysts have also recently issued reports about the company. Morgan Stanley upped their price target on Brinker International from $200.00 to $205.00 and gave the stock an “overweight” rating in a research note on Thursday, January 29th. Citigroup raised their price objective on Brinker International from $187.00 to $190.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. TD Cowen began coverage on shares of Brinker International in a report on Tuesday, January 20th. They set a “buy” rating and a $192.00 target price on the stock. Piper Sandler increased their price target on shares of Brinker International from $140.00 to $166.00 and gave the stock a “neutral” rating in a research note on Thursday, January 29th. Finally, Raymond James Financial raised shares of Brinker International from a “market perform” rating to an “outperform” rating and set a $195.00 price target for the company in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $186.44.

Brinker International Stock Down 4.1%

Brinker International stock traded down $5.52 during trading hours on Monday, hitting $129.29. 175,092 shares of the stock traded hands, compared to its average volume of 1,260,010. Brinker International has a one year low of $100.30 and a one year high of $187.12. The firm’s 50-day moving average price is $155.33 and its two-hundred day moving average price is $143.16. The company has a current ratio of 0.36, a quick ratio of 0.31 and a debt-to-equity ratio of 1.19. The company has a market cap of $5.63 billion, a PE ratio of 13.07, a PEG ratio of 0.95 and a beta of 1.34.

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

Insider Buying and Selling at Brinker International

In other news, Director Harriet Edelman sold 8,400 shares of the stock in a transaction on Thursday, January 29th. The stock was sold at an average price of $159.00, for a total value of $1,335,600.00. Following the sale, the director directly owned 21,004 shares of the company’s stock, valued at approximately $3,339,636. This represents a 28.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Aaron M. White sold 7,000 shares of the firm’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $165.00, for a total value of $1,155,000.00. Following the transaction, the executive vice president owned 42,756 shares of the company’s stock, valued at $7,054,740. The trade was a 14.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 97,678 shares of company stock valued at $15,700,372 in the last ninety days. Corporate insiders own 1.43% of the company’s stock.

Hedge Funds Weigh In On Brinker International

A number of hedge funds have recently bought and sold shares of EAT. NewEdge Advisors LLC grew its position in Brinker International by 1,118.9% during the 1st quarter. NewEdge Advisors LLC now owns 1,158 shares of the restaurant operator’s stock valued at $173,000 after purchasing an additional 1,063 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in Brinker International by 27.6% in the second quarter. Envestnet Asset Management Inc. now owns 6,117 shares of the restaurant operator’s stock worth $1,103,000 after buying an additional 1,322 shares during the last quarter. Bank of Montreal Can raised its holdings in Brinker International by 8.5% in the second quarter. Bank of Montreal Can now owns 10,757 shares of the restaurant operator’s stock worth $1,940,000 after buying an additional 840 shares during the last quarter. Atlantic Union Bankshares Corp bought a new position in shares of Brinker International in the second quarter worth approximately $70,000. Finally, Savant Capital LLC lifted its stake in shares of Brinker International by 3.7% in the second quarter. Savant Capital LLC now owns 3,947 shares of the restaurant operator’s stock worth $712,000 after buying an additional 141 shares in 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.