Brinker International (NYSE:EAT) Issues FY 2025 Earnings Guidance

Brinker International (NYSE:EAT) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 5.200-5.500 for the period, compared to the consensus earnings per share estimate of 4.830. The company issued revenue guidance of $4.7 billion-$4.8 billion, compared to the consensus revenue estimate of $4.6 billion.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on EAT. Wells Fargo & Company raised their target price on Brinker International from $85.00 to $95.00 and gave the company an “underweight” rating in a report on Thursday. Wedbush restated a “neutral” rating and set a $68.00 price objective on shares of Brinker International in a research note on Thursday, August 15th. Citigroup upped their target price on Brinker International from $83.00 to $110.00 and gave the company a “neutral” rating in a research report on Thursday. Barclays increased their target price on Brinker International from $76.00 to $95.00 and gave the company an “equal weight” rating in a research note on Thursday. Finally, Bank of America lifted their price target on shares of Brinker International from $97.00 to $110.00 and gave the stock a “neutral” rating in a research note on Thursday. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $84.19.

Brinker International Stock Performance

NYSE:EAT traded up $2.23 during midday trading on Friday, reaching $104.94. 1,846,232 shares of the company traded hands, compared to its average volume of 1,457,531. The firm has a market capitalization of $4.70 billion, a price-to-earnings ratio of 25.60, a price-to-earnings-growth ratio of 1.71 and a beta of 2.51. The company has a fifty day moving average price of $81.21 and a 200 day moving average price of $69.98. The company has a debt-to-equity ratio of 63.54, a current ratio of 0.32 and a quick ratio of 0.32. Brinker International has a twelve month low of $33.03 and a twelve month high of $107.15.

Brinker International (NYSE:EAT) last issued its quarterly earnings data on Wednesday, October 30th. The restaurant operator reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.26. Brinker International had a net margin of 4.11% and a negative return on equity of 839.19%. The firm had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.10 billion. During the same period last year, the firm posted $0.28 EPS. Brinker International’s quarterly revenue was up 12.5% compared to the same quarter last year. On average, analysts expect that Brinker International will post 4.78 EPS for the current fiscal year.

Insider Activity at Brinker International

In other Brinker International news, CFO Michaela M. Ware sold 3,753 shares of Brinker International stock in a transaction that occurred on Thursday, October 31st. The shares were sold at an average price of $103.02, for a total value of $386,634.06. Following the transaction, the chief financial officer now owns 23,071 shares in the company, valued at approximately $2,376,774.42. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 1.72% of the company’s stock.

About Brinker International

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.