Brinker International (NYSE:EAT) Price Target Raised to $260.00

Brinker International (NYSE:EAT) had its target price lifted by DA Davidson from $160.00 to $260.00 in a report released on Thursday,Benzinga reports. DA Davidson currently has a neutral rating on the restaurant operator’s stock.

Several other equities analysts also recently issued reports on the company. Barclays boosted their price objective on Brinker International from $170.00 to $175.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 30th. Citigroup lifted their target price on Brinker International from $189.00 to $227.00 and gave the company a “buy” rating in a research note on Tuesday, July 28th. TD Cowen boosted their price target on Brinker International from $210.00 to $270.00 and gave the stock a “buy” rating in a research report on Wednesday. Weiss Ratings upgraded Brinker International from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday. Finally, UBS Group increased their price target on Brinker International from $190.00 to $260.00 and gave the stock a “buy” rating in a research note on Monday, August 10th. Sixteen research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $234.35.

Brinker International Trading Down 0.5%

Brinker International stock opened at $237.42 on Thursday. The company has a quick ratio of 0.35, a current ratio of 0.45 and a debt-to-equity ratio of 0.95. The firm has a 50-day moving average price of $186.95 and a two-hundred day moving average price of $160.73. The firm has a market capitalization of $10.18 billion, a price-to-earnings ratio of 21.80, a PEG ratio of 1.33 and a beta of 1.24. Brinker International has a 52-week low of $100.30 and a 52-week high of $253.71.

Brinker International (NYSE:EAT) last posted its earnings results on Wednesday, August 12th. The restaurant operator reported $3.07 EPS for the quarter, missing the consensus estimate of $3.09 by ($0.02). Brinker International had a return on equity of 122.35% and a net margin of 8.39%.The firm had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.53 billion. During the same quarter last year, the company posted $2.30 EPS. Brinker International’s revenue for the quarter was up 5.1% on a year-over-year basis. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. Sell-side analysts expect that Brinker International will post 13.19 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Allworth Financial LP increased its stake in shares of Brinker International by 58.5% during 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. Rezny Wealth Management Inc. raised its holdings in Brinker International by 0.8% during the fourth quarter. Rezny Wealth Management Inc. now owns 11,738 shares of the restaurant operator’s stock worth $1,685,000 after purchasing an additional 92 shares in the last quarter. Salomon & Ludwin LLC lifted its position in Brinker International by 45.1% in the fourth quarter. Salomon & Ludwin LLC now owns 299 shares of the restaurant operator’s stock worth $45,000 after purchasing an additional 93 shares during the period. New Age Alpha Advisors LLC lifted its position in Brinker International by 4.8% in the fourth quarter. New Age Alpha Advisors LLC now owns 2,047 shares of the restaurant operator’s stock worth $294,000 after purchasing an additional 94 shares during the period. Finally, Smith Group Asset Management LLC boosted its stake in Brinker International by 0.5% during the 2nd quarter. Smith Group Asset Management LLC now owns 20,669 shares of the restaurant operator’s stock valued at $3,472,000 after purchasing an additional 104 shares in the last quarter.

Key Headlines Impacting Brinker International

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

• Positive Sentiment: Fiscal fourth-quarter results were broadly encouraging: revenue exceeded expectations, EPS increased 23.3% year over year, and Chili’s delivered strong sales and traffic growth with expanding margins. However, reported EPS was slightly below consensus in the company’s earnings release. Brinker Q4 Earnings Meet Estimates, Revenues Beat on Chili’s Growth
• Positive Sentiment: Management’s fiscal 2027 outlook calls for $12.60-$13.40 in EPS, supported in part by an extra 53rd operating week. Continued Chili’s traffic gains, restaurant reimages and cost control will determine whether the company can meet or exceed that guidance. EAT’s Fiscal 2027 Guidance Gets a Boost From the 53rd Operating Week
• Positive Sentiment: Several firms raised their price targets following the results, including Bank of America to $310 with a Buy rating, Stephens to $300, Citi to $282, Wells Fargo to $280 and KeyCorp to $275. These revisions reflect increased confidence in Chili’s execution and earnings growth.
• Neutral Sentiment: Brinker’s stock has risen 28.7% over the past month and reached a new 52-week high, raising expectations. Investors may now require continued traffic growth, margin delivery and guidance execution for further upside. EAT Jumps 28.7% in a Month
• Negative Sentiment: Northcoast Research downgraded EAT from Buy to Neutral, signaling that the recent rally may have priced in much of the expected improvement.
• Negative Sentiment: Analysts continue to flag elevated valuation, inflation and labor-cost risks, while Maggiano’s slower turnaround could limit consolidated growth. These concerns are contributing to profit-taking despite the favorable operating trends. Is EAT a Buy Now as Chili’s Growth Meets Cost and Valuation Risks?

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.