Brinker International (NYSE:EAT) Issues FY 2027 Earnings Guidance

Brinker International (NYSE:EAT) issued an update on its FY 2027 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 13.300-13.900 for the period, compared to the consensus EPS estimate of 13.260. The company issued revenue guidance of $6.2 billion-$6.3 billion, compared to the consensus revenue estimate of $6.3 billion.

Analyst Upgrades and Downgrades

EAT has been the topic of a number of analyst reports. BMO Capital Markets increased their price objective on shares of Brinker International from $175.00 to $230.00 and gave the stock a “market perform” rating in a report on Thursday, August 13th. Wells Fargo & Company increased their price objective on Brinker International from $270.00 to $285.00 and gave the stock an “overweight” rating in a research note on Thursday. Jefferies Financial Group raised Brinker International from a “hold” rating to a “buy” rating and upped their target price for the stock from $230.00 to $255.00 in a research report on Wednesday, October 14th. KeyCorp boosted their price target on Brinker International from $250.00 to $258.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, DA Davidson reduced their price objective on Brinker International from $240.00 to $210.00 and set a “neutral” rating for the company in a research report on Monday, September 21st. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $249.80.

Brinker International Trading Down 4.3%

Shares of NYSE:EAT traded down $9.35 during trading on Friday, hitting $210.55. 447,560 shares of the company’s stock were exchanged, compared to its average volume of 1,204,491. The company has a current ratio of 0.34, a quick ratio of 0.40 and a debt-to-equity ratio of 1.13. Brinker International has a 1-year low of $100.30 and a 1-year high of $254.99. The firm has a 50-day moving average price of $209.85 and a two-hundred day moving average price of $174.36. The firm has a market cap of $8.79 billion, a P/E ratio of 18.46, a PEG ratio of 1.20 and a beta of 1.25.

Brinker International (NYSE:EAT) last issued its quarterly earnings data on Wednesday, October 28th. The restaurant operator reported $2.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $1.46 billion. During the same quarter in the previous year, the company earned $2.17 earnings per share. The business’s revenue for the quarter was up 9.4% on a year-over-year basis. Equities analysts predict that Brinker International will post 13.44 earnings per share for the current year.

Insider Buying and Selling

In related news, Director James C. Katzman sold 650 shares of Brinker International stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $220.09, for a total value of $143,058.50. Following the completion of the sale, the director owned 25,094 shares of the company’s stock, valued at approximately $5,522,938.46. This trade represents a 2.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Joseph DePinto sold 25,000 shares of the company’s stock in a transaction on Friday, August 28th. The stock was 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 owned 77,812 shares of the company’s stock, valued at approximately $17,927,106.68. The trade was a 24.32% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 173,694 shares of company stock worth $41,568,690 in the last quarter. Corporate insiders own 1.18% of the company’s stock.

Key Brinker International News

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

• Positive Sentiment: Raised fiscal 2027 earnings outlook: Brinker projected adjusted EPS of $13.30–$13.90, above the $13.26 consensus estimate. The company also expects revenue of $6.2 billion–$6.3 billion, supporting the view that its growth initiatives are continuing to gain traction. Zacks growth stock article
• Positive Sentiment: Strong operating momentum: Fiscal first-quarter results reportedly benefited from a surge in Chili’s traffic, while non-GAAP EPS and revenue increased year over year. Brinker also raised its outlook, prompting the stock to advance sharply immediately after the results. Seeking Alpha earnings article
• Positive Sentiment: Analyst confidence remains high: Citigroup, Morgan Stanley, Wells Fargo, KeyCorp, Robert W. Baird and TD Cowen all raised their price targets, with targets ranging from $262 to $285. Stephens reaffirmed an overweight rating with a $300 target. These revisions imply substantial upside from recent trading levels.
• Positive Sentiment: Growth-stock recognition: Zacks highlighted Brinker as a potentially market-beating growth stock, adding to the positive fundamental narrative.
• Neutral Sentiment: Valuation and expectations: EAT is trading well above its 200-day moving average and near its 52-week high, meaning strong future growth may already be partly reflected in the valuation.
• Negative Sentiment: Revenue guidance is slightly cautious: The $6.2 billion–$6.3 billion fiscal 2027 revenue forecast tops out at, but does not exceed, the $6.3 billion analyst consensus. After the recent rally, this modest revenue outlook and profit-taking may be contributing to the subsequent retreat in shares.

About Brinker International

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.