Jefferies Financial Group Boosts Brinker International (NYSE:EAT) Price Target to $155.00

by · The Cerbat Gem

Brinker International (NYSE:EAT – Get Free Report) had its price target raised by stock analysts at Jefferies Financial Group from $125.00 to $155.00 in a note issued to investors on Monday,Benzinga reports. The firm currently has a “hold” rating on the restaurant operator’s stock. Jefferies Financial Group’s price objective indicates a potential upside of 7.05% from the stock’s current price.

EAT has been the topic of a number of other research reports. Stifel Nicolaus lowered their price target on Brinker International from $215.00 to $200.00 and set a “buy” rating on the stock in a report on Friday, October 24th. Weiss Ratings restated a “hold (c+)” rating on shares of Brinker International in a research report on Monday, December 8th. Morgan Stanley dropped their target price on Brinker International from $161.00 to $160.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 22nd. Bank of America raised shares of Brinker International from a “neutral” rating to a “buy” rating and increased their price target for the stock from $190.00 to $192.00 in a research report on Monday, October 6th. Finally, JPMorgan Chase & Co. raised their price target on shares of Brinker International from $155.00 to $160.00 and gave the stock an “overweight” rating in a report on Thursday. Ten research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, Brinker International presently has an average rating of “Moderate Buy” and an average target price of $168.33.

Read Our Latest Report on EAT

Brinker International Trading Up 0.2%

Shares of EAT stock traded up $0.34 during trading hours on Monday, reaching $144.79. 837,251 shares of the stock traded hands, compared to its average volume of 1,505,129. The company has a quick ratio of 0.29, a current ratio of 0.35 and a debt-to-equity ratio of 1.53. The firm has a market capitalization of $6.43 billion, a PE ratio of 14.98, a PEG ratio of 1.00 and a beta of 1.34. Brinker International has a 1-year low of $100.30 and a 1-year high of $192.21. The business has a fifty day moving average price of $127.77 and a 200 day moving average price of $148.88.

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 for the quarter, topping the consensus estimate of $1.76 by $0.17. Brinker International had a net margin of 7.94% and a return on equity of 164.66%. The firm had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.32 billion. During the same period in the previous year, the company posted $0.95 EPS. The company’s quarterly revenue was up 18.5% compared to the same quarter last year. Brinker International has set its FY 2026 guidance at 9.900-10.50 EPS. On average, equities research analysts forecast that Brinker International will post 8.3 EPS for the current year.

Institutional Investors Weigh In On Brinker International

A number of institutional investors have recently added to or reduced their stakes in EAT. Alberta Investment Management Corp acquired a new position in shares of Brinker International during the second quarter worth approximately $4,112,000. Seeds Investor LLC acquired a new position in Brinker International in the second quarter valued at approximately $414,000. Axiom Investors LLC DE bought a new stake in shares of Brinker International during the 1st quarter valued at $8,079,000. DAVENPORT & Co LLC raised its position in shares of Brinker International by 117.0% during the 2nd quarter. DAVENPORT & Co LLC now owns 4,272 shares of the restaurant operator’s stock valued at $770,000 after acquiring an additional 2,303 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its stake in shares of Brinker International by 86.4% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,091,692 shares of the restaurant operator’s stock valued at $196,865,000 after purchasing an additional 506,087 shares during the period.

Brinker International Company Profile

(Get Free Report)

Brinker International, Inc, together with its subsidiaries, engages in the ownership, development, operation, and franchising of casual dining restaurants in the United States and internationally. It operates and franchises Chili's Grill & Bar and Maggiano's Little Italy restaurant brands.

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