Brinker International (NYSE:EAT – Free Report) had its price objective upped by Mizuho from $175.00 to $275.00 in a research note issued to investors on Thursday,Benzinga reports. Mizuho currently has an outperform rating on the restaurant operator’s stock.
EAT has been the topic of a number of other research reports. UBS Group boosted their target price on shares of Brinker International from $190.00 to $260.00 and gave the company a “buy” rating in a research report on Monday, August 10th. Weiss Ratings upgraded shares of Brinker International from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday. Morgan Stanley lifted their price target on shares of Brinker International from $205.00 to $207.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Barclays upped their price objective on shares of Brinker International from $170.00 to $175.00 and gave the company an “equal weight” rating in a report on Thursday, April 30th. Finally, Wells Fargo & Company increased their price objective 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. Sixteen equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, Brinker International presently has a consensus rating of “Moderate Buy” and a consensus price target of $234.35.
Brinker International Price Performance
Brinker International (NYSE:EAT – Get Free Report) last posted its quarterly earnings results on Wednesday, August 12th. The restaurant operator reported $3.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.09 by ($0.02). The business had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.53 billion. Brinker International had a return on equity of 122.35% and a net margin of 8.39%.Brinker International’s quarterly revenue was up 5.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.30 earnings per share. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. On average, equities analysts anticipate that Brinker International will post 13.19 EPS for the current year.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently added to or reduced their stakes in EAT. NewEdge Advisors LLC grew its position in Brinker International by 1,118.9% in the 1st quarter. NewEdge Advisors LLC now owns 1,158 shares of the restaurant operator’s stock worth $173,000 after purchasing an additional 1,063 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in Brinker International by 271.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 846 shares of the restaurant operator’s stock valued at $153,000 after buying an additional 618 shares during the last quarter. First Trust Advisors LP lifted its position in shares of Brinker International by 1.9% during the 2nd quarter. First Trust Advisors LP now owns 52,249 shares of the restaurant operator’s stock worth $9,422,000 after buying an additional 978 shares in the last quarter. Baird Financial Group Inc. purchased a new position in shares of Brinker International in the 2nd quarter worth approximately $3,222,000. Finally, Brown Advisory Inc. grew its holdings in shares of Brinker International by 33.0% in the second quarter. Brown Advisory Inc. now owns 1,789 shares of the restaurant operator’s stock valued at $323,000 after acquiring an additional 444 shares in the last quarter.
Key Brinker International News
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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