Brinker International (NYSE:EAT) Price Target Raised to $270.00

Brinker International (NYSE:EATFree Report) had its target price increased by TD Cowen from $210.00 to $270.00 in a research report report published on Wednesday morning,Benzinga reports. The brokerage currently has a buy rating on the restaurant operator’s stock.

Several other equities analysts have also recently weighed in on EAT. Barclays raised their price objective on Brinker International from $170.00 to $175.00 and gave the company an “equal weight” rating in a report on Thursday, April 30th. Stephens initiated coverage on Brinker International in a research report on Friday, July 17th. They set an “overweight” rating and a $220.00 price target on the stock. Morgan Stanley boosted their price objective on Brinker International from $205.00 to $207.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. UBS Group raised their price target on shares of Brinker International from $190.00 to $260.00 and gave the stock a “buy” rating in a research report on Monday, August 10th. Finally, KeyCorp lifted their price objective on shares of Brinker International from $177.00 to $204.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 15th. Sixteen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, Brinker International presently has a consensus rating of “Moderate Buy” and an average price target of $234.35.

Get Our Latest Stock Report on EAT

Brinker International Trading Down 0.5%

Shares of NYSE EAT opened at $237.42 on Wednesday. The company has a quick ratio of 0.35, a current ratio of 0.45 and a debt-to-equity ratio of 0.95. Brinker International has a twelve month low of $100.30 and a twelve month high of $253.71. The company’s fifty day moving average is $186.95 and its 200-day moving average is $160.73. The stock has a market cap of $10.18 billion, a price-to-earnings ratio of 21.80, a P/E/G ratio of 1.34 and a beta of 1.24.

Brinker International (NYSE:EATGet Free Report) last announced 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 return on equity of 122.35% and a net margin of 8.39%.The company had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.53 billion. During the same quarter last year, the business posted $2.30 earnings per share. The business’s quarterly revenue was up 5.1% on a year-over-year basis. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. Equities research analysts predict that Brinker International will post 13.07 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of EAT. BlackRock Inc. lifted its position in Brinker International by 2.2% in the 2nd quarter. BlackRock Inc. now owns 6,729,477 shares of the restaurant operator’s stock valued at $1,130,552,000 after acquiring an additional 145,525 shares in the last quarter. Vanguard Group Inc. increased its stake in Brinker International by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 4,819,397 shares of the restaurant operator’s stock valued at $691,680,000 after buying an additional 73,346 shares during the last quarter. UBS Group AG boosted its stake in shares of Brinker International by 103.2% in the 4th quarter. UBS Group AG now owns 2,975,655 shares of the restaurant operator’s stock worth $427,066,000 after buying an additional 1,511,266 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Brinker International by 27.7% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,393,604 shares of the restaurant operator’s stock worth $176,542,000 after purchasing an additional 301,912 shares during the period. Finally, Balyasny Asset Management L.P. grew its holdings in Brinker International by 667.5% during the fourth quarter. Balyasny Asset Management L.P. now owns 1,142,263 shares of the restaurant operator’s stock valued at $163,938,000 after purchasing an additional 993,435 shares during the period.

Key Stories Impacting Brinker International

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?

Brinker International Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Brinker International (NYSE:EAT)

Receive News & Ratings for Brinker International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brinker International and related companies with MarketBeat.com's FREE daily email newsletter.