Brinker International (NYSE:EAT) Now Covered by Analysts at TD Cowen

TD Cowen started coverage on shares of Brinker International (NYSE:EAT) in a report published on Tuesday, MarketBeat.com reports. The firm issued a buy rating and a $192.00 target price on the restaurant operator’s stock.

EAT has been the subject of a number of other research reports. Morgan Stanley reduced their price objective on Brinker International from $161.00 to $160.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 22nd. Wells Fargo & Company upped their price target on shares of Brinker International from $160.00 to $175.00 and gave the company an “overweight” rating in a research report on Wednesday, December 17th. Stifel Nicolaus decreased their price target on shares of Brinker International from $215.00 to $200.00 and set a “buy” rating for the company in a research note on Friday, October 24th. BMO Capital Markets raised their price objective on shares of Brinker International from $140.00 to $170.00 and gave the stock a “market perform” rating in a research report on Tuesday, January 6th. Finally, Barclays upped their target price on shares of Brinker International from $135.00 to $166.00 and gave the company an “equal weight” rating in a report on Wednesday, January 7th. Twelve analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $178.89.

Brinker International Stock Performance

NYSE EAT opened at $159.54 on Tuesday. The company has a fifty day moving average of $145.82 and a two-hundred day moving average of $144.36. The company has a market capitalization of $7.09 billion, a PE ratio of 16.55, a P/E/G ratio of 1.08 and a beta of 1.34. Brinker International has a 1 year low of $100.30 and a 1 year high of $192.21. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.35 and a quick ratio of 0.29.

Brinker International (NYSE:EAT) last posted its earnings results on Wednesday, October 29th. The restaurant operator reported $1.93 earnings per share for the quarter, beating the consensus estimate of $1.76 by $0.17. The business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.32 billion. Brinker International had a return on equity of 164.66% and a net margin of 7.94%.The business’s quarterly revenue was up 18.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.95 EPS. Brinker International has set its FY 2026 guidance at 9.900-10.50 EPS. As a group, analysts expect that Brinker International will post 8.3 earnings per share for the current year.

Institutional Trading of Brinker International

Hedge funds have recently made changes to their positions in the company. UBS Group AG increased its stake in shares of Brinker International by 155.2% during the third quarter. UBS Group AG now owns 1,464,389 shares of the restaurant operator’s stock worth $185,509,000 after acquiring an additional 890,593 shares during the period. Congress Asset Management Co. acquired a new stake in Brinker International in the fourth quarter valued at about $80,518,000. Norges Bank purchased a new stake in Brinker International in the 2nd quarter valued at approximately $98,731,000. Arrowstreet Capital Limited Partnership increased its position in Brinker International by 86.4% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,091,692 shares of the restaurant operator’s stock worth $196,865,000 after purchasing an additional 506,087 shares during the period. Finally, Samlyn Capital LLC increased its position in Brinker International by 104.9% during the 3rd quarter. Samlyn Capital LLC now owns 878,584 shares of the restaurant operator’s stock worth $111,299,000 after purchasing an additional 449,871 shares during the period.

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.