Key Points
- Director James Katzman sold 650 Brinker International shares at an average price of $220.09, for total proceeds of $143,058.50. He retains 25,094 shares valued at approximately $5.52 million.
- Brinker reported quarterly revenue of $1.54 billion, up 5.1% year over year, but EPS of $3.07 narrowly missed analysts’ $3.09 estimate. The company issued fiscal 2027 EPS guidance of $12.60–$13.40.
- Analysts maintain a “Moderate Buy” consensus on EAT, with 16 Buy ratings and seven Holds and an average price target of $244.30.
Brinker International, Inc. (NYSE:EAT - Get Free Report) Director James Katzman sold 650 shares of the firm's stock in a transaction dated Wednesday, September 9th. The stock was sold at an average price of $220.09, for a total value of $143,058.50. Following the completion of the transaction, the director owned 25,094 shares in the company, valued at approximately $5,522,938.46. This trade represents a 2.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Brinker International Stock Performance
NYSE EAT opened at $214.95 on Friday. The firm has a market capitalization of $8.98 billion, a P/E ratio of 19.74, a P/E/G ratio of 1.11 and a beta of 1.25. Brinker International, Inc. has a 1-year low of $100.30 and a 1-year high of $254.99. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.45 and a quick ratio of 0.40. The business's 50-day simple moving average is $213.79 and its 200-day simple moving average is $170.44.
Brinker International (NYSE:EAT - Get Free Report) last issued its 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 firm had revenue of $1.54 billion for the quarter, compared to analysts' expectations of $1.53 billion. Brinker International had a return on equity of 122.35% and a net margin of 8.39%.The firm's revenue for the quarter was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.30 EPS. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. Equities analysts predict that Brinker International, Inc. will post 13.24 EPS for the current year.
Institutional Trading of Brinker International
Large investors have recently bought and sold shares of the company. California State Teachers Retirement System raised its stake in shares of Brinker International by 16,319.0% during the second quarter. California State Teachers Retirement System now owns 8,471,232 shares of the restaurant operator's stock valued at $1,423,167,000 after purchasing an additional 8,419,638 shares during the period. BlackRock Inc. grew its holdings in Brinker International by 2.2% during the 2nd quarter. BlackRock Inc. now owns 6,729,477 shares of the restaurant operator's stock valued at $1,130,552,000 after purchasing an additional 145,525 shares in the last quarter. UBS Group AG grew its holdings in Brinker International by 155.2% during the 3rd quarter. UBS Group AG now owns 1,464,389 shares of the restaurant operator's stock valued at $185,509,000 after purchasing an additional 890,593 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in 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 buying an additional 301,912 shares during the period. Finally, Balyasny Asset Management L.P. increased its stake in Brinker International by 667.5% during the 4th quarter. Balyasny Asset Management L.P. now owns 1,142,263 shares of the restaurant operator's stock worth $163,938,000 after buying an additional 993,435 shares during the period.
Wall Street Analyst Weigh In
Several equities research analysts have recently issued reports on EAT shares. DA Davidson increased their price objective on shares of Brinker International from $160.00 to $260.00 and gave the stock a "neutral" rating in a research report on Thursday, August 13th. Weiss Ratings upgraded shares of Brinker International from a "hold (c+)" rating to a "buy (b-)" rating in a report on Tuesday, August 11th. Piper Sandler upped their price target on shares of Brinker International from $166.00 to $240.00 and gave the stock a "neutral" rating in a research report on Monday, August 17th. UBS Group increased their price target on Brinker International from $190.00 to $260.00 and gave the company a "buy" rating in a report on Monday, August 10th. Finally, Wells Fargo & Company raised their price objective on Brinker International from $220.00 to $280.00 and gave the company an "overweight" rating in a research report on Thursday, August 13th. Sixteen equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Brinker International currently has a consensus rating of "Moderate Buy" and a consensus target price of $244.30.
Check Out Our Latest Report on Brinker International
Brinker International Company Profile
(
Get Free Report)
Brinker International, Inc is a Dallas-based restaurant company that owns, operates and franchises casual dining restaurants. Its portfolio includes Chili's Grill & Bar, a full-service restaurant brand known for burgers, fajitas, ribs, steaks, Tex-Mex dishes and a broad beverage menu, and Maggiano's Little Italy, which specializes in Italian-American cuisine and family-style dining.
Chili's restaurants serve a wide range of lunch and dinner offerings in a casual, bar-and-grill setting, while Maggiano's locations offer traditional Italian dishes, including pasta, chicken, seafood and desserts.
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