Brinker International (NYSE:EAT) Updates 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.

Analysts Set New Price Targets

A number of research firms recently weighed in on EAT. BMO Capital Markets downgraded Brinker International from an “outperform” rating to a “market perform” rating and lifted their price target for the company from $80.00 to $105.00 in a research note on Thursday. Barclays lifted their price target on Brinker International from $76.00 to $95.00 and gave the company an “equal weight” rating in a research note on Thursday. Argus downgraded Brinker International from a “buy” rating to a “hold” rating in a research note on Tuesday, October 1st. Bank Of America (Bofa) lifted their price target on Brinker International from $94.00 to $97.00 in a research note on Tuesday. Finally, UBS Group lifted their price target on Brinker International from $70.00 to $94.00 and gave the company a “neutral” rating in a research note on Thursday, October 17th. 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’s stock. Based on data from MarketBeat.com, Brinker International has an average rating of “Hold” and a consensus target price of $84.19.

Brinker International Price Performance

Shares of NYSE EAT traded up $2.23 during trading on Friday, reaching $104.94. The company had a trading volume of 1,846,232 shares, compared to its average volume of 1,457,531. Brinker International has a twelve month low of $33.03 and a twelve month high of $107.15. The stock has a market capitalization of $4.70 billion, a PE ratio of 25.60, a price-to-earnings-growth ratio of 1.71 and a beta of 2.51. The stock has a 50-day moving average price of $81.21 and a two-hundred day moving average price of $69.98. The company has a current ratio of 0.32, a quick ratio of 0.32 and a debt-to-equity ratio of 63.54.

Brinker International (NYSE:EAT) last announced its quarterly earnings data on Wednesday, October 30th. The restaurant operator reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.26. The business had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.10 billion. Brinker International had a negative return on equity of 839.19% and a net margin of 4.11%. The business’s revenue for the quarter was up 12.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.28 earnings per share. As a group, sell-side analysts predict that Brinker International will post 4.78 earnings per share for the current year.

Insider Activity

In other news, CFO Michaela M. Ware sold 3,753 shares of Brinker International stock in a transaction on Thursday, October 31st. The stock was sold at an average price of $103.02, for a total value of $386,634.06. Following the completion of the sale, the chief financial officer now owns 23,071 shares of the company’s stock, valued at $2,376,774.42. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.72% of the company’s stock.

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.