Brinker International (NYSE:EAT) Issues Quarterly Earnings Results, Beats Expectations By $1.43 EPS

Brinker International (NYSE:EAT) posted its quarterly 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 negative return on equity of 839.19% and a net margin of 4.11%. Brinker International updated its FY 2025 guidance to 7.500-8.000 EPS.

Brinker International Trading Up 15.7 %

Shares of NYSE EAT traded up $24.35 during trading hours on Wednesday, reaching $178.96. The stock had a trading volume of 1,639,315 shares, compared to its average volume of 1,084,449. The business’s fifty day moving average price is $135.89 and its two-hundred day moving average price is $100.11. The firm has a market cap of $7.95 billion, a price-to-earnings ratio of 43.40, a P/E/G ratio of 1.56 and a beta of 2.52. Brinker International has a 52-week low of $40.12 and a 52-week high of $180.00. The company has a current ratio of 0.32, a quick ratio of 0.26 and a debt-to-equity ratio of 63.54.

Insider Buying and Selling at Brinker International

In other Brinker International news, CFO Michaela M. Ware sold 3,753 shares of the firm’s stock in a transaction dated Thursday, October 31st. The shares were sold at an average price of $103.02, for a total transaction of $386,634.06. Following the transaction, the chief financial officer now owns 23,071 shares of the company’s stock, valued at approximately $2,376,774.42. This trade represents a 13.99 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.72% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

EAT has been the subject of a number of research reports. Piper Sandler upped their target price on shares of Brinker International from $62.00 to $97.00 and gave the stock a “neutral” rating in a research report on Monday, November 4th. Bank of America lifted their target price on Brinker International from $97.00 to $110.00 and gave the stock a “neutral” rating in a report on Thursday, October 31st. BMO Capital Markets raised their price target on Brinker International from $105.00 to $125.00 and gave the company a “market perform” rating in a report on Monday. Wells Fargo & Company increased their target price on Brinker International from $130.00 to $145.00 and gave the company an “equal weight” rating in a research report on Thursday, January 23rd. Finally, Morgan Stanley raised shares of Brinker International from an “underweight” rating to an “equal weight” rating and raised their target price for the company from $70.00 to $115.00 in a report on Friday, December 20th. Sixteen equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, Brinker International currently has a consensus rating of “Hold” and a consensus price target of $111.29.

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.