Brinker International (NYSE:EAT – Free Report) had its price target increased by KeyCorp from $204.00 to $275.00 in a report published on Thursday morning,Benzinga reports. The brokerage currently has an overweight rating on the restaurant operator’s stock.
Other research analysts also recently issued research reports about the stock. Weiss Ratings raised 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 stock a “buy” rating in a research report on Tuesday, July 28th. Stephens boosted their target price on shares of Brinker International from $220.00 to $300.00 and gave the company an “overweight” rating in a report on Thursday. Wells Fargo & Company upped their price target on shares of Brinker International from $200.00 to $220.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. Finally, Morgan Stanley increased their price target on shares of Brinker International from $205.00 to $207.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Sixteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, Brinker International has an average rating of “Moderate Buy” and a consensus price target of $234.35.
Check Out Our Latest Analysis on EAT
Brinker International Price Performance
Brinker International (NYSE:EAT – Get Free Report) last released its earnings results on Wednesday, August 12th. The restaurant operator reported $3.07 EPS for the quarter, missing the consensus estimate of $3.09 by ($0.02). Brinker International had a net margin of 8.39% and a return on equity of 122.35%. The business had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.53 billion. During the same quarter in the previous year, the company posted $2.30 earnings per share. The business’s revenue for the quarter was up 5.1% compared to the same quarter last year. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. Equities research analysts forecast that Brinker International will post 13.19 EPS for the current year.
Institutional Trading of Brinker International
Institutional investors have recently modified their holdings of the company. Transamerica Financial Advisors LLC raised its holdings in Brinker International by 570.4% in the fourth quarter. Transamerica Financial Advisors LLC now owns 181 shares of the restaurant operator’s stock valued at $26,000 after buying an additional 154 shares during the period. Caitong International Asset Management Co. Ltd purchased a new stake in Brinker International during the third quarter worth approximately $25,000. Kilter Group LLC purchased a new stake in Brinker International during the second quarter worth approximately $35,000. Allworth Financial LP grew its stake in Brinker International by 58.5% during the third quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock worth $28,000 after buying an additional 83 shares during the period. Finally, Salomon & Ludwin LLC increased its position in shares of Brinker International by 45.1% in the fourth quarter. Salomon & Ludwin LLC now owns 299 shares of the restaurant operator’s stock worth $45,000 after acquiring an additional 93 shares in the last quarter.
Brinker International News Summary
Here are the key news stories impacting Brinker International this week:
- Positive Sentiment: Fiscal fourth-quarter results were broadly encouraging: revenue exceeded expectations, EPS increased 23.3% year over year, and Chili’s delivered strong sales and traffic growth with expanding margins. However, reported EPS was slightly below consensus in the company’s earnings release. Brinker Q4 Earnings Meet Estimates, Revenues Beat on Chili’s Growth
- Positive Sentiment: Management’s fiscal 2027 outlook calls for $12.60-$13.40 in EPS, supported in part by an extra 53rd operating week. Continued Chili’s traffic gains, restaurant reimages and cost control will determine whether the company can meet or exceed that guidance. EAT’s Fiscal 2027 Guidance Gets a Boost From the 53rd Operating Week
- Positive Sentiment: Several firms raised their price targets following the results, including Bank of America to $310 with a Buy rating, Stephens to $300, Citi to $282, Wells Fargo to $280 and KeyCorp to $275. These revisions reflect increased confidence in Chili’s execution and earnings growth.
- Neutral Sentiment: Brinker’s stock has risen 28.7% over the past month and reached a new 52-week high, raising expectations. Investors may now require continued traffic growth, margin delivery and guidance execution for further upside. EAT Jumps 28.7% in a Month
- Negative Sentiment: Northcoast Research downgraded EAT from Buy to Neutral, signaling that the recent rally may have priced in much of the expected improvement.
- Negative Sentiment: Analysts continue to flag elevated valuation, inflation and labor-cost risks, while Maggiano’s slower turnaround could limit consolidated growth. These concerns are contributing to profit-taking despite the favorable operating trends. Is EAT a Buy Now as Chili’s Growth Meets Cost and Valuation Risks?
About Brinker International
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.
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