Brinker International (NYSE:EAT) Stock Price Expected to Rise, Citigroup Analyst Says

by · The Cerbat Gem

Brinker International (NYSE:EAT – Get Free Report) had its price objective boosted by equities research analysts at Citigroup from $176.00 to $187.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the restaurant operator’s stock. Citigroup’s target price suggests a potential upside of 17.25% from the stock’s current price.

Several other equities analysts have also recently weighed in on the company. JPMorgan Chase & Co. boosted their price objective on Brinker International from $155.00 to $160.00 and gave the stock an “overweight” rating in a research report on Thursday, December 11th. Barclays lifted their price target on Brinker International from $135.00 to $166.00 and gave the stock an “equal weight” rating in a research report on Wednesday. Wells Fargo & Company increased their price objective on Brinker International from $160.00 to $175.00 and gave the company an “overweight” rating in a research report on Wednesday, December 17th. Bank of America upgraded shares of Brinker International from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $190.00 to $192.00 in a research note on Monday, October 6th. Finally, The Goldman Sachs Group dropped their target price on shares of Brinker International from $207.00 to $180.00 and set a “buy” rating on the stock in a research report on Tuesday, September 30th. Ten equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, Brinker International has an average rating of “Moderate Buy” and a consensus target price of $174.59.

Read Our Latest Stock Report on EAT

Brinker International Stock Performance

Shares of NYSE:EAT traded down $0.51 during trading on Friday, reaching $159.49. The stock had a trading volume of 64,180 shares, compared to its average volume of 856,324. The stock has a fifty day simple moving average of $136.56 and a two-hundred day simple moving average of $145.87. The company has a quick ratio of 0.29, a current ratio of 0.35 and a debt-to-equity ratio of 1.53. Brinker International has a 52 week low of $100.30 and a 52 week high of $192.21. The firm has a market capitalization of $7.09 billion, a price-to-earnings ratio of 16.49, a P/E/G ratio of 1.07 and a beta of 1.34.

Brinker International (NYSE:EAT – Get Free Report) last posted its quarterly earnings data on Wednesday, October 29th. The restaurant operator reported $1.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.17. The business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.32 billion. Brinker International had a net margin of 7.94% and a return on equity of 164.66%. Brinker International’s quarterly revenue was up 18.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.95 EPS. Brinker International has set its FY 2026 guidance at 9.900-10.50 EPS. As a group, analysts anticipate that Brinker International will post 8.3 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of EAT. Allworth Financial LP boosted its position in Brinker International by 105.8% in the second quarter. Allworth Financial LP now owns 142 shares of the restaurant operator’s stock valued at $26,000 after buying an additional 73 shares in the last quarter. GPS Wealth Strategies Group LLC raised its stake in shares of Brinker International by 52.1% in the second quarter. GPS Wealth Strategies Group LLC now owns 219 shares of the restaurant operator’s stock valued at $39,000 after acquiring an additional 75 shares during the last quarter. Sequoia Financial Advisors LLC raised its stake in shares of Brinker International by 5.9% in the second quarter. Sequoia Financial Advisors LLC now owns 1,462 shares of the restaurant operator’s stock valued at $264,000 after acquiring an additional 81 shares during the last quarter. Maryland State Retirement & Pension System boosted its holdings in shares of Brinker International by 0.7% in the 2nd quarter. Maryland State Retirement & Pension System now owns 13,043 shares of the restaurant operator’s stock worth $2,352,000 after acquiring an additional 85 shares in the last quarter. Finally, Yousif Capital Management LLC grew its position in Brinker International by 0.7% during the 2nd quarter. Yousif Capital Management LLC now owns 12,097 shares of the restaurant operator’s stock worth $2,181,000 after acquiring an additional 85 shares during the last quarter.

About Brinker International

(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.

See Also