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

by · The Markets Daily

Brinker International (NYSE:EAT – Free Report) had its price objective upped by TD Cowen from $250.00 to $270.00 in a research report released on Thursday,Benzinga reports. TD Cowen currently has a buy rating on the restaurant operator’s stock.

A number of other equities analysts have also weighed in on EAT. Wells Fargo & Company decreased their price objective on shares of Brinker International from $280.00 to $270.00 and set an “overweight” rating for the company in a report on Wednesday, October 21st. KeyCorp lowered their price objective on Brinker International from $275.00 to $250.00 and set an “overweight” rating on the stock in a research report on Friday, October 23rd. UBS Group increased their target price on Brinker International from $190.00 to $260.00 and gave the company a “buy” rating in a research note on Monday, August 10th. DA Davidson reduced their target price on Brinker International from $240.00 to $210.00 and set a “neutral” rating for the company in a report on Monday, September 21st. Finally, Morgan Stanley lifted their target price on Brinker International from $250.00 to $260.00 and gave the stock an “overweight” rating in a report on Thursday, September 10th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, Brinker International currently has a consensus rating of “Moderate Buy” and an average price target of $249.80.

Check Out Our Latest Stock Report on EAT

Brinker International Stock Down 3.5%

Shares of Brinker International stock opened at $212.27 on Thursday. The company has a 50-day simple moving average of $209.45 and a two-hundred day simple moving average of $174.58. The stock has a market capitalization of $8.82 billion, a PE ratio of 18.69, a price-to-earnings-growth ratio of 1.14 and a beta of 1.25. Brinker International has a 52-week low of $100.30 and a 52-week high of $254.99. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.40 and a current ratio of 0.34.

Brinker International (NYSE:EAT – Get Free Report) last issued its earnings results on Wednesday, October 28th. The restaurant operator reported $2.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.45 by $0.32. Brinker International had a net margin of 8.44% and a return on equity of 125.65%. The firm had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.46 billion. During the same quarter in the prior year, the firm posted $2.17 earnings per share. The business’s revenue was up 9.4% on a year-over-year basis. On average, analysts anticipate that Brinker International will post 13.67 EPS for the current fiscal year.

Insider Buying and Selling at Brinker International

In other Brinker International news, Director Joseph DePinto sold 25,000 shares of the company’s stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $230.39, for a total transaction of $5,759,750.00. Following the completion of the sale, the director directly owned 77,812 shares of the company’s stock, valued at approximately $17,927,106.68. This represents a 24.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Kevin Hochman sold 40,000 shares of the company’s stock in a transaction on Thursday, October 29th. The stock was sold at an average price of $220.38, for a total value of $8,815,200.00. Following the completion of the sale, the chief executive officer owned 104,603 shares of the company’s stock, valued at $23,052,409.14. This trade represents a 27.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 213,694 shares of company stock valued at $50,383,890 in the last quarter. Insiders own 1.18% of the company’s stock.

Institutional Trading of Brinker International

Several institutional investors and hedge funds have recently modified their holdings of EAT. Deutsche Bank AG raised its position in shares of Brinker International by 18.0% during the second quarter. Deutsche Bank AG now owns 63,795 shares of the restaurant operator’s stock valued at $10,718,000 after buying an additional 9,733 shares during the last quarter. Callan Family Office LLC purchased a new position in Brinker International during the second quarter valued at $2,258,000. Wealth High Governance Capital Ltda purchased a new position in Brinker International during the second quarter valued at $3,710,000. Bank of America Corp DE increased its holdings in shares of Brinker International by 37.7% in the first quarter. Bank of America Corp DE now owns 242,648 shares of the restaurant operator’s stock worth $34,643,000 after purchasing an additional 66,383 shares during the last quarter. Finally, Cynosure Group LLC bought a new stake in Brinker International in the 2nd quarter worth approximately $766,000.

Key Stories Impacting Brinker International

Here are the key news stories impacting Brinker International this week:

  • Positive Sentiment: Brinker issued fiscal 2027 EPS guidance of $13.30–$13.90, above the $13.26 analyst consensus. The company’s strong first-quarter results, including accelerating Chili’s traffic, also supported investor optimism. Brinker International advances on strong Q1 results and raised outlook
  • Positive Sentiment: Analysts broadly raised their views following the results. Wells Fargo lifted its target to $285, Baird to $280, Citigroup to $277, TD Cowen to $270, Morgan Stanley to $262 and KeyCorp to $258; the firms maintained bullish ratings such as “buy,” “overweight” or “outperform.” Wells Fargo analyst recommendations
  • Positive Sentiment: Zacks highlighted Brinker as a strong growth stock, reinforcing the investment case based on its growth-oriented metrics. Why Brinker International is a strong growth stock
  • Neutral Sentiment: Fiscal 2027 revenue guidance of $6.2 billion–$6.3 billion is broadly in line with expectations, although its midpoint is slightly below the $6.3 billion consensus estimate.
  • Negative Sentiment: CEO Kevin Hochman sold 40,000 EAT shares for approximately $8.8 million, reducing his ownership by 27.66%. While the transaction does not necessarily indicate a change in business fundamentals, the sizable insider sale can weigh on sentiment. SEC insider ownership filing

Brinker International Company Profile

(Get Free Report)

Brinker International, Inc is a casual-dining restaurant company that owns, operates and franchises restaurants in the United States and select international markets. The company is headquartered in Dallas, Texas, and serves customers through company-operated and franchised locations.

Brinker’s principal brands are Chili’s Grill & Bar and Maggiano’s Little Italy. Chili’s offers a broad menu of burgers, steaks, ribs, fajitas, Tex-Mex dishes, salads and beverages in a full-service, casual setting.

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