Brinker International (NYSE:EAT) Coverage Initiated at DA Davidson

Research analysts at DA Davidson initiated coverage on shares of Brinker International (NYSE:EAT) in a report issued on Friday, Marketbeat.com reports. The firm set a “neutral” rating and a $155.00 price target on the restaurant operator’s stock. DA Davidson’s price target indicates a potential upside of 15.12% from the company’s current price.

EAT has been the topic of several other research reports. Raymond James Financial upgraded Brinker International from a “market perform” rating to an “outperform” rating and set a $195.00 price target on the stock in a research note on Wednesday, January 21st. Zacks Research upgraded Brinker International from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 4th. BMO Capital Markets increased their price target on shares of Brinker International from $140.00 to $170.00 and gave the stock a “market perform” rating in a report on Tuesday, January 6th. JPMorgan Chase & Co. raised their price target on shares of Brinker International from $177.00 to $187.00 and gave the stock an “overweight” rating in a research report on Thursday, January 29th. Finally, TD Cowen initiated coverage on shares of Brinker International in a report on Tuesday, January 20th. They issued a “buy” rating and a $192.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Brinker International currently has an average rating of “Moderate Buy” and a consensus target price of $186.59.

Brinker International Price Performance

EAT opened at $134.64 on Friday. The firm has a market capitalization of $5.86 billion, a PE ratio of 13.61, a price-to-earnings-growth ratio of 0.95 and a beta of 1.34. The business’s 50-day moving average is $155.33 and its two-hundred day moving average is $143.22. Brinker International has a 1 year low of $100.30 and a 1 year high of $187.12. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.36 and a quick ratio of 0.31.

Brinker International (NYSE:EAT) last announced its earnings results on Wednesday, January 28th. The restaurant operator reported $2.87 earnings per share for the quarter, beating the consensus estimate of $2.53 by $0.34. The company had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.41 billion. Brinker International had a net margin of 7.98% and a return on equity of 134.92%. Brinker International’s revenue was up 6.9% compared to the same quarter last year. During the same period last year, the firm earned $2.80 earnings per share. Brinker International has set its FY 2026 guidance at 1.045-10.850 EPS. Research analysts anticipate that Brinker International will post 8.3 earnings per share for the current fiscal year.

Insider Buying and Selling at Brinker International

In other news, Director Ramona Hood sold 400 shares of Brinker International stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $161.32, for a total value of $64,528.00. Following the sale, the director directly owned 9,066 shares of the company’s stock, valued at $1,462,527.12. The trade was a 4.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Aaron M. White sold 7,000 shares of the firm’s stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $165.00, for a total transaction of $1,155,000.00. Following the completion of the transaction, the executive vice president directly owned 42,756 shares in the company, valued at approximately $7,054,740. This represents a 14.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 97,678 shares of company stock valued at $15,700,372. Corporate insiders own 1.43% of the company’s stock.

Hedge Funds Weigh In On Brinker International

A number of institutional investors have recently bought and sold shares of the company. Allworth Financial LP increased its position in shares of Brinker International by 105.8% during the second quarter. Allworth Financial LP now owns 142 shares of the restaurant operator’s stock valued at $26,000 after acquiring an additional 73 shares during the last quarter. GPS Wealth Strategies Group LLC raised its position in Brinker International by 52.1% in the second quarter. GPS Wealth Strategies Group LLC now owns 219 shares of the restaurant operator’s stock valued at $39,000 after purchasing an additional 75 shares during the period. Rezny Wealth Management Inc. raised its position in Brinker International by 0.8% in the fourth quarter. Rezny Wealth Management Inc. now owns 11,738 shares of the restaurant operator’s stock valued at $1,685,000 after purchasing an additional 92 shares during the period. Salomon & Ludwin LLC lifted its stake in Brinker International by 45.1% during 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 in the last quarter. Finally, New Age Alpha Advisors LLC boosted its position in shares of Brinker International by 4.8% during the fourth quarter. New Age Alpha Advisors LLC now owns 2,047 shares of the restaurant operator’s stock worth $294,000 after buying an additional 94 shares during the period.

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.