Brinker International (NYSE:EAT) Price Target Raised to $285.00

Brinker International (NYSE:EAT) had its price target raised by Wells Fargo & Company from $270.00 to $285.00 in a report published on Thursday,Benzinga reports. They currently have an overweight rating on the restaurant operator’s stock.

Several other research analysts have also issued reports on the company. TD Cowen increased their price target on Brinker International from $250.00 to $270.00 and gave the stock a “buy” rating in a report on Thursday. Bank of America boosted their price objective on Brinker International from $224.00 to $310.00 and gave the company a “buy” rating in a report on Friday, August 14th. Northcoast Research raised Brinker International from a “neutral” rating to a “buy” rating and set a $275.00 target price on the stock in a research report on Tuesday, September 22nd. Jefferies Financial Group raised Brinker International from a “hold” rating to a “buy” rating and lifted their target price for the company from $230.00 to $255.00 in a research report on Wednesday, October 14th. Finally, Raymond James Financial raised Brinker International from an “outperform” rating to a “strong-buy” rating and cut their price objective for the stock from $270.00 to $260.00 in a research report on Friday, October 16th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $249.80.

Brinker International Stock Performance

Shares of EAT stock opened at $212.27 on Thursday. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.34 and a quick ratio of 0.40. Brinker International has a one year low of $100.30 and a one year high of $254.99. The business’s 50 day simple moving average is $209.45 and its 200 day simple moving average is $174.58. The stock has a market capitalization of $8.82 billion, a PE ratio of 18.69, a PEG ratio of 1.14 and a beta of 1.25.

Brinker International (NYSE:EAT) last issued its quarterly earnings results on Wednesday, October 28th. The restaurant operator reported $2.77 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to the consensus estimate of $1.46 billion. During the same quarter in the previous year, the company earned $2.17 EPS. The company’s revenue for the quarter was up 9.4% on a year-over-year basis. As a group, research analysts forecast that Brinker International will post 13.67 earnings per share for the current year.

Insider Buying and Selling

In other Brinker International news, Director Joseph DePinto sold 25,000 shares of Brinker International stock in a transaction that occurred on Friday, August 28th. The shares were 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 directly owned 77,812 shares in the company, valued at $17,927,106.68. The trade was a 24.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Aaron M. White sold 16,220 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $236.22, for a total transaction of $3,831,488.40. Following the completion of the transaction, the executive vice president directly owned 42,756 shares of the company’s stock, valued at approximately $10,099,822.32. This represents a 27.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 213,694 shares of company stock valued at $50,383,890 in the last three months. Insiders own 1.18% of the company’s stock.

Institutional Investors Weigh In On Brinker International

A number of hedge funds have recently made changes to their positions in the business. Root Financial Partners LLC purchased a new position in shares of Brinker International in the third quarter worth about $28,000. Kilter Group LLC purchased a new position in Brinker International during the 2nd quarter valued at about $35,000. CoreCap Advisors LLC increased its holdings in Brinker International by 33,000.0% during the 2nd quarter. CoreCap Advisors LLC now owns 331 shares of the restaurant operator’s stock valued at $56,000 after purchasing an additional 330 shares during the period. Global Retirement Partners LLC purchased a new position in Brinker International during the 2nd quarter valued at $71,000. Finally, Parkside Financial Bank & Trust increased its position in Brinker International by 881.2% during the 2nd quarter. Parkside Financial Bank & Trust now owns 471 shares of the restaurant operator’s stock valued at $79,000 after purchasing an additional 423 shares during the period.

More Brinker International News

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

• Positive Sentiment: Brinker issued fiscal 2027 EPS guidance of $13.30–$13.90, above the $13.26 analyst consensus. The company’s strong first-quarter results, including accelerating Chili’s traffic, also supported investor optimism. Brinker International advances on strong Q1 results and raised outlook
• Positive Sentiment: Analysts broadly raised their views following the results. Wells Fargo lifted its target to $285, Baird to $280, Citigroup to $277, TD Cowen to $270, Morgan Stanley to $262 and KeyCorp to $258; the firms maintained bullish ratings such as “buy,” “overweight” or “outperform.” Wells Fargo analyst recommendations
• Positive Sentiment: Zacks highlighted Brinker as a strong growth stock, reinforcing the investment case based on its growth-oriented metrics. Why Brinker International is a strong growth stock
• Neutral Sentiment: Fiscal 2027 revenue guidance of $6.2 billion–$6.3 billion is broadly in line with expectations, although its midpoint is slightly below the $6.3 billion consensus estimate.
• Negative Sentiment: CEO Kevin Hochman sold 40,000 EAT shares for approximately $8.8 million, reducing his ownership by 27.66%. While the transaction does not necessarily indicate a change in business fundamentals, the sizable insider sale can weigh on sentiment. SEC insider ownership filing

Brinker International Company Profile

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.