JPMorgan Chase & Co. Issues Positive Forecast for Brinker International (NYSE:EAT) Stock Price

Brinker International (NYSE:EAT) had its target price hoisted by JPMorgan Chase & Co. from $187.00 to $190.00 in a research note issued to investors on Monday,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the restaurant operator’s stock.

A number of other equities research analysts have also recently commented on EAT. Citigroup increased their target price on Brinker International from $187.00 to $190.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Raymond James Financial raised Brinker International from a “market perform” rating to an “outperform” rating and set a $195.00 price target for the company in a report on Wednesday, January 21st. TD Cowen assumed coverage on Brinker International in a research report on Tuesday, January 20th. They issued a “buy” rating and a $192.00 price objective on the stock. Weiss Ratings lowered Brinker International from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, March 10th. Finally, Mizuho lifted their price objective on Brinker International from $155.00 to $175.00 and gave the stock an “outperform” rating in a research report on Friday, January 9th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $186.61.

Brinker International Stock Performance

Shares of EAT opened at $144.12 on Monday. Brinker International has a 12-month low of $100.30 and a 12-month high of $187.12. The stock has a market cap of $6.28 billion, a P/E ratio of 14.57, a PEG ratio of 1.02 and a beta of 1.34. The company has a current ratio of 0.36, a quick ratio of 0.31 and a debt-to-equity ratio of 1.19. The company has a 50-day moving average of $154.81 and a two-hundred day moving average of $142.59.

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

Insider Buying and Selling

In other news, CMO George S. Felix sold 10,431 shares of Brinker International stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $161.00, for a total value of $1,679,391.00. Following the completion of the sale, the chief marketing officer owned 8,064 shares of the company’s stock, valued at $1,298,304. The trade was a 56.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Harriet Edelman sold 8,400 shares of the company’s stock in a transaction on Thursday, January 29th. The shares were sold at an average price of $159.00, for a total value of $1,335,600.00. Following the completion of the transaction, the director owned 21,004 shares of the company’s stock, valued at $3,339,636. The trade was a 28.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 97,678 shares of company stock worth $15,700,372 in the last three months. 1.43% of the stock is currently owned by insiders.

Institutional Trading of Brinker International

A number of hedge funds have recently added to or reduced their stakes in the business. Allworth Financial LP increased its stake in shares of Brinker International by 105.8% during the 2nd 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. Transamerica Financial Advisors LLC boosted its position in shares of Brinker International by 570.4% in the fourth quarter. Transamerica Financial Advisors LLC now owns 181 shares of the restaurant operator’s stock worth $26,000 after acquiring an additional 154 shares during the last quarter. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Brinker International in the second quarter worth approximately $34,000. Caitong International Asset Management Co. Ltd purchased a new stake in Brinker International in the third quarter valued at approximately $25,000. Finally, Salomon & Ludwin LLC purchased a new stake in Brinker International in the third quarter valued at approximately $26,000.

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.