Brinker International (NYSE:EAT) Updates FY 2027 Earnings Guidance

Brinker International (NYSE:EAT) issued an update on its FY 2027 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 12.600-13.400 for the period, compared to the consensus EPS estimate of 12.470. The company issued revenue guidance of $6.2 billion-$6.3 billion, compared to the consensus revenue estimate of $6.1 billion.

Wall Street Analyst Weigh In

EAT has been the subject of a number of research reports. Morgan Stanley upped their price objective on shares of Brinker International from $205.00 to $207.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. TD Cowen lifted their target price on shares of Brinker International from $170.00 to $210.00 and gave the stock a “buy” rating in a research report on Monday, July 20th. Wells Fargo & Company boosted their price target on shares of Brinker International from $200.00 to $220.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Citigroup upped their price target on shares of Brinker International from $189.00 to $227.00 and gave the company a “buy” rating in a research report on Tuesday, July 28th. Finally, UBS Group lifted their price objective on Brinker International from $190.00 to $260.00 and gave the stock a “buy” rating in a report on Monday. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, Brinker International currently has an average rating of “Moderate Buy” and an average price target of $196.75.

Brinker International Stock Performance

NYSE:EAT opened at $220.86 on Wednesday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.35 and a current ratio of 0.40. Brinker International has a fifty-two week low of $100.30 and a fifty-two week high of $232.47. The firm has a market cap of $9.47 billion, a PE ratio of 21.65, a price-to-earnings-growth ratio of 1.35 and a beta of 1.23. The business has a 50 day moving average price of $180.87 and a 200-day moving average price of $159.07.

Hedge Funds Weigh In On Brinker International

Hedge funds and other institutional investors have recently made changes to their positions in the business. UBS Group AG boosted its stake in Brinker International by 155.2% during the third quarter. UBS Group AG now owns 1,464,389 shares of the restaurant operator’s stock worth $185,509,000 after acquiring an additional 890,593 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its position in shares of Brinker International by 27.7% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,393,604 shares of the restaurant operator’s stock valued at $176,542,000 after buying an additional 301,912 shares during the last quarter. Two Sigma Investments LP increased its holdings in Brinker International by 58.6% in the 3rd quarter. Two Sigma Investments LP now owns 932,954 shares of the restaurant operator’s stock worth $118,187,000 after buying an additional 344,539 shares in the last quarter. Samlyn Capital LLC raised its position in Brinker International by 104.9% in the 3rd quarter. Samlyn Capital LLC now owns 878,584 shares of the restaurant operator’s stock worth $111,299,000 after buying an additional 449,871 shares during the last quarter. Finally, Morgan Stanley lifted its stake in Brinker International by 2.1% during the 4th quarter. Morgan Stanley now owns 653,927 shares of the restaurant operator’s stock valued at $93,852,000 after acquiring an additional 13,312 shares during the period.

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.