Brinker International (NYSE:EAT) Given New $190.00 Price Target at JPMorgan Chase & Co.

Brinker International (NYSE:EAT) had its price objective raised by equities researchers at JPMorgan Chase & Co. from $187.00 to $190.00 in a research note issued on Monday,Benzinga reports. The brokerage currently has an “overweight” rating on the restaurant operator’s stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 31.47% from the stock’s previous close.

A number of other equities analysts have also recently issued reports on the stock. The Goldman Sachs Group upped their price target on shares of Brinker International from $180.00 to $200.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Wolfe Research assumed coverage on shares of Brinker International in a research note on Monday, March 9th. They set an “outperform” rating and a $184.00 price objective for the company. BMO Capital Markets lifted their target price on shares of Brinker International from $140.00 to $170.00 and gave the stock a “market perform” rating in a report on Tuesday, January 6th. Piper Sandler upped their target price 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, Mizuho increased their price target 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. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $186.61.

Brinker International Trading Up 0.3%

Shares of NYSE EAT traded up $0.50 during midday trading on Monday, hitting $144.52. 808,296 shares of the company traded hands, compared to its average volume of 1,276,863. Brinker International has a 12-month low of $100.30 and a 12-month high of $187.12. The firm has a market cap of $6.29 billion, a P/E ratio of 14.60, a P/E/G ratio of 1.02 and a beta of 1.34. The stock has a 50-day moving average price of $154.92 and a 200 day moving average price of $142.67. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.31 and a current ratio of 0.36.

Brinker International (NYSE:EAT) last announced its earnings results on Wednesday, January 28th. The restaurant operator reported $2.87 EPS for the quarter, beating analysts’ consensus estimates of $2.53 by $0.34. Brinker International had a net margin of 7.98% and a return on equity of 134.92%. The firm had revenue of $1.45 billion for the quarter, compared to analysts’ expectations of $1.41 billion. During the same quarter in the previous year, the business posted $2.80 EPS. 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, analysts expect that Brinker International will post 8.3 earnings per share for the current year.

Insider Buying and Selling

In related news, Director James C. Katzman sold 447 shares of Brinker International stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $164.19, for a total value of $73,392.93. Following the completion of the sale, the director directly owned 28,994 shares in the company, valued at approximately $4,760,524.86. This trade represents a 1.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ramona Hood sold 400 shares of the business’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $161.32, for a total value of $64,528.00. Following the completion of the transaction, the director directly owned 9,066 shares of the company’s stock, valued at approximately $1,462,527.12. This trade represents a 4.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 97,678 shares of company stock worth $15,700,372 in the last three months. 1.43% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Brinker International

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd purchased a new stake in Brinker International during the 3rd quarter valued at $25,000. Allworth Financial LP boosted its stake in shares of Brinker International by 105.8% in the 2nd 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 last quarter. Salomon & Ludwin LLC bought a new stake in shares of Brinker International in the third quarter worth $26,000. Transamerica Financial Advisors LLC increased its position in Brinker International by 570.4% during the fourth quarter. Transamerica Financial Advisors LLC now owns 181 shares of the restaurant operator’s stock valued at $26,000 after acquiring an additional 154 shares during the last quarter. Finally, Twin Peaks Wealth Advisors LLC purchased a new stake in Brinker International during the second quarter valued at $34,000.

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.