Citigroup Raises Brinker International (NYSE:EAT) Price Target to $282.00

Brinker International (NYSE:EAT) had its price objective increased by Citigroup from $227.00 to $282.00 in a research note issued to investors on Thursday,Benzinga reports. The firm presently has a “buy” rating on the restaurant operator’s stock. Citigroup’s price target suggests a potential upside of 17.74% from the company’s previous close.

Several other brokerages have also commented on EAT. DA Davidson lifted 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. TD Cowen increased their target price on shares of Brinker International from $210.00 to $270.00 and gave the company a “buy” rating in a research report on Wednesday. Wells Fargo & Company raised their price target on shares of Brinker International from $220.00 to $280.00 and gave the stock an “overweight” rating in a research note on Thursday. Morgan Stanley lifted their price target on shares of Brinker International from $207.00 to $250.00 and gave the stock an “overweight” rating in a report on Thursday. Finally, Barclays upped their price objective on Brinker International from $170.00 to $175.00 and gave the company an “equal weight” rating in a research note on Thursday, April 30th. Sixteen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $228.45.

Brinker International Stock Performance

Shares of Brinker International stock traded down $6.39 during trading hours on Thursday, hitting $239.50. 1,610,308 shares of the company’s stock traded hands, compared to its average volume of 1,173,044. Brinker International has a 12-month low of $100.30 and a 12-month high of $253.71. The stock has a market capitalization of $10.27 billion, a price-to-earnings ratio of 23.48, a PEG ratio of 1.31 and a beta of 1.24. The company has a fifty day simple moving average of $182.95 and a 200-day simple moving average of $159.65. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.40 and a quick ratio of 0.35.

Brinker International (NYSE:EAT) last issued its quarterly earnings results on Wednesday, August 12th. The restaurant operator reported $3.07 earnings per share for the quarter, missing analysts’ consensus estimates of $3.09 by ($0.02). The company had revenue of $1.54 billion during the quarter, compared to analysts’ expectations of $1.53 billion. Brinker International had a return on equity of 123.22% and a net margin of 8.07%.Brinker International’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period last year, the firm posted $2.30 earnings per share. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. Equities research analysts anticipate that Brinker International will post 10.76 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd purchased a new position in Brinker International during the 3rd quarter valued at about $25,000. Transamerica Financial Advisors LLC lifted its holdings in shares of Brinker International by 570.4% in the fourth quarter. Transamerica Financial Advisors LLC now owns 181 shares of the restaurant operator’s stock worth $26,000 after buying an additional 154 shares in the last quarter. Allworth Financial LP boosted its position in shares of Brinker International by 58.5% in the third quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock valued at $28,000 after acquiring an additional 83 shares during the period. Kilter Group LLC bought a new position in shares of Brinker International in the second quarter valued at approximately $35,000. Finally, Salomon & Ludwin LLC grew its stake in Brinker International by 45.1% during the fourth quarter. Salomon & Ludwin LLC now owns 299 shares of the restaurant operator’s stock valued at $45,000 after acquiring an additional 93 shares in the last quarter.

Trending Headlines about Brinker International

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

• Positive Sentiment: Brinker reported fiscal fourth-quarter revenue of $1.54 billion, exceeding the $1.53 billion consensus estimate, while revenue increased 5.1% year over year. Adjusted EPS rose substantially from the prior-year period, supported by continued momentum at Chili’s. Brinker fiscal 2026 results and fiscal 2027 guidance
• Positive Sentiment: Chili’s delivered another strong quarter, including its fifth consecutive year of same-store sales growth and a cumulative 71% increase over that period. New chicken-sandwich offerings and greater digital and takeout focus are helping the brand compete more effectively with fast-food restaurants. Chili’s chicken-sandwich sales gains
• Positive Sentiment: Fiscal 2027 guidance exceeded Wall Street expectations: EPS of $12.60-$13.40 versus a $12.47 consensus, and revenue of $6.2-$6.3 billion versus approximately $6.1 billion expected. The outlook calls for continued revenue, earnings and margin growth.
• Positive Sentiment: Analysts broadly raised their targets following the results. Stephens increased its target to $300, Wells Fargo to $280, KeyCorp to $275, Mizuho to $275, TD Cowen to $270, and Morgan Stanley to $250; most retained positive ratings. Analysts raise Brinker forecasts
• Neutral Sentiment: Fourth-quarter EPS of $3.07 narrowly missed the $3.09 consensus estimate, creating a modest negative headline despite the revenue beat and stronger outlook.
• Negative Sentiment: After a sharp rally and a new 52-week high, profit-taking and valuation concerns may be pressuring the shares. BMO Capital Markets maintained a Market Perform rating with a $230 target, while DA Davidson remained Neutral at $260.

About Brinker International

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.