Brinker International (NYSE:EAT) Price Target Raised to $210.00 at TD Cowen

Brinker International (NYSE:EAT) had its price target lifted by TD Cowen from $170.00 to $210.00 in a research note issued to investors on Monday morning,Benzinga reports. They currently have a buy rating on the restaurant operator’s stock.

EAT has been the topic of several other research reports. Morgan Stanley boosted their price target on Brinker International from $205.00 to $207.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Wells Fargo & Company raised their price objective on Brinker International from $200.00 to $220.00 and gave the company an “overweight” rating in a research note on Thursday, July 16th. Stephens assumed coverage on Brinker International in a report on Friday. They set an “overweight” rating and a $220.00 price objective for the company. Barclays boosted their target price 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. Finally, Zacks Research lowered Brinker International from a “strong-buy” rating to a “hold” rating in a report on Monday, March 23rd. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, Brinker International has an average rating of “Moderate Buy” and a consensus target price of $191.20.

Brinker International Stock Performance

Shares of EAT opened at $195.46 on Monday. The company has a quick ratio of 0.35, a current ratio of 0.40 and a debt-to-equity ratio of 1.05. Brinker International has a 52-week low of $100.30 and a 52-week high of $196.39. The company has a 50-day simple moving average of $157.57 and a 200-day simple moving average of $153.28. The company has a market capitalization of $8.38 billion, a PE ratio of 19.16, a P/E/G ratio of 1.17 and a beta of 1.24.

Brinker International (NYSE:EAT) last released its quarterly earnings data on Wednesday, April 29th. The restaurant operator reported $2.90 EPS for the quarter, topping analysts’ consensus estimates of $2.85 by $0.05. Brinker International had a net margin of 8.07% and a return on equity of 123.22%. The firm had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.47 billion. During the same quarter in the previous year, the firm earned $2.66 earnings per share. The firm’s revenue was up 3.2% on a year-over-year basis. Brinker International has set its FY 2026 guidance at 10.60-10.850 EPS. Equities research analysts predict that Brinker International will post 10.75 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Brinker International

A number of large investors have recently bought and sold shares of EAT. Transamerica Financial Advisors LLC raised its holdings 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. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Brinker International during the third quarter valued at $25,000. Allworth Financial LP boosted 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 last quarter. Salomon & Ludwin LLC increased its position in Brinker International by 45.1% during the 4th 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, CoreCap Advisors LLC increased its position in Brinker International by 33,000.0% during the 2nd quarter. CoreCap Advisors LLC now owns 331 shares of the restaurant operator’s stock worth $56,000 after purchasing an additional 330 shares in the last quarter.

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.