Brinker International (NYSE:EAT) Price Target Raised to $160.00 at JPMorgan Chase & Co.

Brinker International (NYSE:EAT) had its price objective upped by analysts at JPMorgan Chase & Co. from $155.00 to $160.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm presently has an “overweight” rating on the restaurant operator’s stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 11.55% from the company’s previous close.

EAT has been the subject of a number of other reports. Citigroup raised Brinker International from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $144.00 to $176.00 in a research note on Tuesday, November 25th. UBS Group cut their price target on shares of Brinker International from $165.00 to $144.00 and set a “neutral” rating on the stock in a research note on Monday, October 27th. Mizuho started coverage on shares of Brinker International in a research note on Tuesday, October 28th. They issued an “outperform” rating and a $155.00 price objective for the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Brinker International in a research note on Monday. Finally, Barclays reduced their target price on shares of Brinker International from $145.00 to $135.00 and set an “equal weight” rating on the stock in a report on Thursday, October 30th. Ten analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $167.72.

Brinker International Trading Up 5.2%

EAT stock traded up $7.08 during mid-day trading on Thursday, hitting $143.43. 685,186 shares of the company were exchanged, compared to its average volume of 1,507,251. Brinker International has a 12-month low of $100.30 and a 12-month high of $192.21. The firm has a market capitalization of $6.37 billion, a P/E ratio of 14.88, a PEG ratio of 0.97 and a beta of 1.35. The business has a fifty day simple moving average of $127.12 and a 200-day simple moving average of $149.22. The company has a quick ratio of 0.29, a current ratio of 0.35 and a debt-to-equity ratio of 1.53.

Brinker International (NYSE:EAT) last issued its quarterly earnings data on Wednesday, October 29th. The restaurant operator reported $1.93 EPS for the quarter, topping the consensus estimate of $1.76 by $0.17. The firm had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.32 billion. Brinker International had a net margin of 7.94% and a return on equity of 164.66%. The business’s revenue for the quarter was up 18.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.95 EPS. Brinker International has set its FY 2026 guidance at 9.900-10.50 EPS. On average, equities research analysts predict that Brinker International will post 8.3 earnings per share for the current fiscal year.

Institutional Trading of Brinker International

Several large investors have recently bought and sold shares of the company. Concord Wealth Partners acquired a new stake in shares of Brinker International during the 2nd quarter worth about $25,000. Allworth Financial LP lifted its stake in shares of Brinker International by 105.8% in the second quarter. Allworth Financial LP now owns 142 shares of the restaurant operator’s stock worth $26,000 after acquiring an additional 73 shares in the last quarter. AdvisorNet Financial Inc bought a new position in Brinker International during the 2nd quarter valued at $33,000. Twin Peaks Wealth Advisors LLC acquired a new stake in Brinker International during the second quarter valued at approximately $34,000. Finally, Caitong International Asset Management Co. Ltd bought a new position in Brinker International during the third quarter worth $25,000.

Brinker International Company Profile

Brinker International, Inc, together with its subsidiaries, engages in the ownership, development, operation, and franchising of casual dining restaurants in the United States and internationally. It operates and franchises Chili's Grill & Bar and Maggiano's Little Italy restaurant brands.