Zacks Research Brokers Decrease Earnings Estimates for EAT

Brinker International, Inc. (NYSE:EAT) – Equities research analysts at Zacks Research reduced their Q2 2028 earnings estimates for shares of Brinker International in a research note issued to investors on Tuesday, March 24th. Zacks Research analyst Team now forecasts that the restaurant operator will earn $3.24 per share for the quarter, down from their previous forecast of $3.30. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Brinker International’s current full-year earnings is $8.30 per share.

EAT has been the topic of a number of other reports. UBS Group upped their target price on Brinker International from $175.00 to $190.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. JPMorgan Chase & Co. lifted their price target on Brinker International from $187.00 to $190.00 and gave the company an “overweight” rating in a research report on Monday, March 16th. Piper Sandler boosted their price objective on Brinker International from $140.00 to $166.00 and gave the stock a “neutral” rating in a report on Thursday, January 29th. Citigroup upped their price objective on shares of Brinker International from $187.00 to $190.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Finally, Mizuho raised their target price on shares of Brinker International from $155.00 to $175.00 and gave the company an “outperform” rating in a research note on Friday, January 9th. Thirteen equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, Brinker International currently has an average rating of “Moderate Buy” and an average target price of $186.61.

Brinker International Trading Down 3.1%

Shares of EAT stock opened at $146.93 on Thursday. The company has a market capitalization of $6.40 billion, a PE ratio of 14.86, a price-to-earnings-growth ratio of 1.07 and a beta of 1.34. Brinker International has a 52-week low of $100.30 and a 52-week high of $187.12. The business’s fifty day moving average is $152.51 and its 200 day moving average is $142.10. 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 released its quarterly 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. The firm had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.41 billion. Brinker International had a net margin of 7.98% and a return on equity of 134.92%. The business’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same period in the previous year, the business earned $2.80 EPS. Brinker International has set its FY 2026 guidance at 1.045-10.850 EPS.

Institutional Investors Weigh In On Brinker International

Hedge funds and other institutional investors have recently modified their holdings of the stock. Hsbc Holdings PLC boosted its holdings in Brinker International by 155.9% during the 4th quarter. Hsbc Holdings PLC now owns 33,416 shares of the restaurant operator’s stock valued at $4,803,000 after acquiring an additional 20,356 shares during the period. Invesco Ltd. increased its stake in Brinker International by 0.9% in the 4th quarter. Invesco Ltd. now owns 564,633 shares of the restaurant operator’s stock worth $81,036,000 after purchasing an additional 5,064 shares during the period. Mercer Global Advisors Inc. ADV increased its stake in Brinker International by 51.4% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 12,880 shares of the restaurant operator’s stock worth $1,849,000 after purchasing an additional 4,372 shares during the period. Mackenzie Financial Corp lifted its position in Brinker International by 111.8% in the fourth quarter. Mackenzie Financial Corp now owns 6,258 shares of the restaurant operator’s stock valued at $892,000 after purchasing an additional 3,304 shares during the last quarter. Finally, Empowered Funds LLC lifted its position in Brinker International by 422.2% in the fourth quarter. Empowered Funds LLC now owns 58,637 shares of the restaurant operator’s stock valued at $8,416,000 after purchasing an additional 47,409 shares during the last quarter.

Insider Activity at Brinker International

In related news, CMO George S. Felix sold 10,431 shares of Brinker International stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $161.00, for a total value of $1,679,391.00. Following the transaction, the chief marketing officer owned 8,064 shares in the company, valued at $1,298,304. This trade represents a 56.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Aaron M. White sold 7,000 shares of the business’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $165.00, for a total transaction of $1,155,000.00. Following the completion of the sale, the executive vice president directly owned 42,756 shares of the company’s stock, valued at $7,054,740. This represents a 14.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 97,678 shares of company stock worth $15,700,372 in the last 90 days. Corporate insiders own 1.43% of the company’s stock.

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.