Brinker International (NYSE:EAT) Stock Rating Upgraded by Raymond James Financial

Brinker International (NYSE:EAT) was upgraded by research analysts at Raymond James Financial from a “market perform” rating to an “outperform” rating in a report released on Wednesday,Benzinga reports.

A number of other equities research analysts have also recently weighed in on the company. Barclays raised their price target on Brinker International from $135.00 to $166.00 and gave the company an “equal weight” rating in a report on Wednesday, January 7th. Morgan Stanley raised shares of Brinker International from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $160.00 to $200.00 in a report on Tuesday. Jefferies Financial Group upped their target price on shares of Brinker International from $125.00 to $155.00 and gave the company a “hold” rating in a research report on Monday, December 15th. JPMorgan Chase & Co. raised their price target on Brinker International from $155.00 to $160.00 and gave the stock an “overweight” rating in a research report on Thursday, December 11th. Finally, Wall Street Zen upgraded Brinker International from a “hold” rating to a “buy” rating in a report on Friday, November 28th. Thirteen analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $178.89.

Brinker International Trading Up 1.2%

NYSE:EAT opened at $159.54 on Wednesday. The company has a quick ratio of 0.29, a current ratio of 0.35 and a debt-to-equity ratio of 1.53. The company’s 50 day moving average is $145.82 and its 200-day moving average is $144.36. The firm has a market cap of $7.09 billion, a price-to-earnings ratio of 16.55, a P/E/G ratio of 1.08 and a beta of 1.34. Brinker International has a 12 month low of $100.30 and a 12 month high of $192.21.

Brinker International (NYSE:EAT) last posted its quarterly earnings results on Wednesday, October 29th. The restaurant operator reported $1.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.17. The company 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 quarterly revenue was up 18.5% on a year-over-year basis. During the same period last year, the business posted $0.95 EPS. Brinker International has set its FY 2026 guidance at 9.900-10.50 EPS. Equities analysts anticipate that Brinker International will post 8.3 EPS for the current year.

Institutional Investors Weigh In On Brinker International

Hedge funds and other institutional investors have recently bought and sold shares of the company. Allworth Financial LP raised its holdings 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 buying an additional 73 shares during the period. GPS Wealth Strategies Group LLC raised its holdings in shares of 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 acquiring an additional 75 shares in the last quarter. Sequoia Financial Advisors LLC lifted its position in shares of Brinker International by 5.9% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 1,462 shares of the restaurant operator’s stock worth $264,000 after purchasing an additional 81 shares during the period. Maryland State Retirement & Pension System boosted its position in Brinker International by 0.7% during the 2nd quarter. Maryland State Retirement & Pension System now owns 13,043 shares of the restaurant operator’s stock valued at $2,352,000 after acquiring an additional 85 shares in the last quarter. Finally, Yousif Capital Management LLC grew its stake in Brinker International by 0.7% in the second quarter. Yousif Capital Management LLC now owns 12,097 shares of the restaurant operator’s stock valued at $2,181,000 after purchasing an additional 85 shares during the last quarter.

Brinker International Company Profile

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.