Brinker International (NYSE:EAT – Get Free Report) had its target price lifted by analysts at KeyCorp from $204.00 to $275.00 in a report released on Thursday,Benzinga reports. The firm currently has an “overweight” rating on the restaurant operator’s stock. KeyCorp’s target price indicates a potential upside of 12.47% from the company’s current price.
Several other brokerages have also weighed in on EAT. TD Cowen upped their target price on shares of Brinker International from $210.00 to $270.00 and gave the stock a “buy” rating in a research report on Wednesday. Stephens boosted their price target on Brinker International from $220.00 to $300.00 and gave the stock an “overweight” rating in a research note on Thursday. Wells Fargo & Company upped their price target on Brinker International from $200.00 to $220.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. UBS Group raised their price objective on Brinker International from $190.00 to $260.00 and gave the company a “buy” rating in a research note on Monday. Finally, Weiss Ratings raised Brinker International from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday. Sixteen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $220.55.
Check Out Our Latest Stock Analysis on Brinker International
Brinker International Price Performance
Brinker International (NYSE:EAT – Get Free Report) last posted 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 for the quarter, compared to analyst estimates of $1.53 billion. Brinker International had a return on equity of 123.22% and a net margin of 8.07%.The business’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period last year, the company earned $2.30 earnings per share. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. As a group, analysts predict that Brinker International will post 10.76 earnings per share for the current fiscal year.
Institutional Trading of Brinker International
Several large investors have recently modified their holdings of the business. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Brinker International during the 2nd quarter worth approximately $13,417,000. Quantbot Technologies LP acquired a new stake in Brinker International during the 2nd quarter valued at $1,280,000. Landscape Capital Management L.L.C. purchased a new position in Brinker International during the second quarter worth $696,000. Ieq Capital LLC purchased a new position in Brinker International during the second quarter worth $3,198,000. Finally, Callan Family Office LLC acquired a new position in shares of Brinker International in the second quarter worth $2,258,000.
Trending Headlines about Brinker International
Here are the key news stories impacting Brinker International this week:
- Positive Sentiment: Strong Chili’s sales momentum: Chili’s delivered its fifth consecutive year of same-store sales growth, with cumulative comparable-sales gains reaching 71% over that period. New chicken-sandwich offerings and continued takeout and digital-ordering initiatives are helping the brand compete more effectively with fast-food restaurants. Brinker International fiscal 2026 results and fiscal 2027 guidance
- Positive Sentiment: Fiscal 2027 outlook topped expectations: Brinker projected adjusted EPS of $12.60-$13.40, above the $12.47 analyst consensus, and revenue of $6.2-$6.3 billion, ahead of the approximately $6.1 billion expected by Wall Street. The outlook signals confidence that sales growth and operating improvements can continue. MarketWatch article on Chili’s sales gains
- Positive Sentiment: Analyst support strengthened: TD Cowen raised its price target from $210 to $270 and assigned a Buy rating. UBS also increased its target to $260, while Bank of America reiterated its Buy rating after Brinker’s same-store sales performance and guidance exceeded expectations. Brinker hits new 52-week high on analyst upgrade
- Positive Sentiment: Profitability and shareholder returns: Management highlighted continued growth momentum and expanded share repurchases, which could support per-share earnings and investor sentiment. Quarterly revenue rose 5.1% year over year to $1.54 billion, exceeding the $1.53 billion consensus estimate. Brinker expands share buybacks
- Negative Sentiment: Minor quarterly EPS miss: Fiscal fourth-quarter EPS was $3.07, narrowly below the $3.09 consensus estimate, although it increased from $2.30 a year earlier. The modest miss appears outweighed by the revenue beat and stronger forward guidance. Brinker International quarterly earnings report
Brinker International Company Profile
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.
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