Brinker International (NYSE:EAT) Stock Price Passes Above 200-Day Moving Average – What’s Next?

Brinker International, Inc. (NYSE:EAT)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $142.11 and traded as high as $150.68. Brinker International shares last traded at $146.9190, with a volume of 962,475 shares trading hands.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. BMO Capital Markets increased 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 note on Tuesday, January 6th. TD Cowen initiated coverage on shares of Brinker International in a research report on Tuesday, January 20th. They set a “buy” rating and a $192.00 target price for the company. Mizuho upped their target price on shares of Brinker International from $155.00 to $175.00 and gave the company an “outperform” rating in a report on Friday, January 9th. Piper Sandler lifted their price target on shares of Brinker International from $140.00 to $166.00 and gave the stock a “neutral” rating in a research note on Thursday, January 29th. Finally, Zacks Research raised shares of Brinker International from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $186.61.

Brinker International Trading Up 2.5%

The stock has a fifty day simple moving average of $153.18 and a 200 day simple moving average of $142.11. The firm has a market capitalization of $6.40 billion, a P/E ratio of 14.86, a PEG ratio of 1.01 and a beta of 1.34. The company has a quick ratio of 0.31, a current ratio of 0.36 and a debt-to-equity ratio of 1.19.

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

Insiders Place Their Bets

In other news, CEO Kevin Hochman sold 66,000 shares of the business’s stock in a transaction on Thursday, January 29th. The shares were sold at an average price of $160.31, for a total value of $10,580,460.00. Following the transaction, the chief executive officer owned 129,824 shares of the company’s stock, valued at approximately $20,812,085.44. The trade was a 33.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Michaela M. Ware sold 5,000 shares of the company’s stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $162.40, for a total transaction of $812,000.00. Following the transaction, the executive vice president owned 19,923 shares of the company’s stock, valued at approximately $3,235,495.20. This represents a 20.06% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 97,678 shares of company stock worth $15,700,372 over the last ninety days. 1.43% of the stock is owned by company insiders.

Institutional Trading of Brinker International

A number of institutional investors and hedge funds have recently bought and sold shares of EAT. Allworth Financial LP boosted its holdings 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 purchasing an additional 73 shares during the last quarter. Rezny Wealth Management Inc. increased its holdings in shares of Brinker International by 0.8% in the fourth quarter. Rezny Wealth Management Inc. now owns 11,738 shares of the restaurant operator’s stock worth $1,685,000 after purchasing an additional 92 shares during the last quarter. Salomon & Ludwin LLC lifted its position in shares of Brinker International by 45.1% in the fourth quarter. Salomon & Ludwin LLC now owns 299 shares of the restaurant operator’s stock worth $45,000 after buying an additional 93 shares in the last quarter. New Age Alpha Advisors LLC boosted its stake in 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 valued at $294,000 after buying an additional 94 shares during the last quarter. Finally, Aviva PLC boosted its stake in Brinker International by 2.8% during the fourth quarter. Aviva PLC now owns 4,123 shares of the restaurant operator’s stock valued at $592,000 after buying an additional 112 shares during 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.