Brinker International (NYSE:EAT) Issues Quarterly Earnings Results

Brinker International (NYSE:EAT) announced its earnings results on Wednesday. The restaurant operator reported $2.80 EPS for the quarter, topping analysts’ consensus estimates of $1.37 by $1.43, Zacks reports. Brinker International had a net margin of 4.11% and a negative return on equity of 839.19%. Brinker International updated its FY 2025 guidance to 7.500-8.000 EPS.

Brinker International Stock Performance

NYSE:EAT traded up $24.35 during trading hours on Wednesday, reaching $178.96. The company had a trading volume of 1,639,315 shares, compared to its average volume of 1,084,449. The company has a debt-to-equity ratio of 63.54, a current ratio of 0.32 and a quick ratio of 0.26. Brinker International has a 1-year low of $40.12 and a 1-year high of $180.00. The business’s 50 day moving average price is $135.89 and its 200-day moving average price is $100.11. The firm has a market cap of $7.95 billion, a PE ratio of 43.40, a price-to-earnings-growth ratio of 1.56 and a beta of 2.52.

Insider Transactions at Brinker International

In related news, CFO Michaela M. Ware sold 3,753 shares of the stock in a transaction on Thursday, October 31st. The shares were sold at an average price of $103.02, for a total transaction of $386,634.06. Following the sale, the chief financial officer now directly owns 23,071 shares of the company’s stock, valued at approximately $2,376,774.42. This represents a 13.99 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 1.72% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Bank of America boosted their price objective on shares of Brinker International from $97.00 to $110.00 and gave the stock a “neutral” rating in a research note on Thursday, October 31st. Piper Sandler increased their price objective on Brinker International from $62.00 to $97.00 and gave the company a “neutral” rating in a report on Monday, November 4th. BMO Capital Markets raised their price objective on Brinker International from $105.00 to $125.00 and gave the stock a “market perform” rating in a research report on Monday. Raymond James cut Brinker International from an “outperform” rating to a “market perform” rating in a research note on Thursday, October 17th. Finally, Morgan Stanley upgraded Brinker International from an “underweight” rating to an “equal weight” rating and boosted their price target for the stock from $70.00 to $115.00 in a research note on Friday, December 20th. Sixteen research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, Brinker International presently has an average rating of “Hold” and a consensus target price of $111.29.

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.