Brinker International (NYSE:EAT – Get Free Report) on Wednesday updated its fiscal year 2025 earnings guidance. The company provided earnings per share (EPS) guidance of $4.35 to $4.75 for the period, compared to the consensus estimate of $4.80. The company provided revenue guidance of $4.55 billion to $4.62 billion, compared to the consensus estimate of $4.53 billion. Brinker International also updated its fiscal year 2025 EPS guidance to $4.350 to $4.750.
Upgrades and downgrades by analysts
Several equities analysts have commented on the stock. Morgan Stanley raised their price target on shares of Brinker International from $42.00 to $50.00 and gave the company an underweight rating in a research report on Tuesday, July 16. Argus upgraded Brinker International shares from a hold rating to a buy rating and set a $72.00 price target on the stock in a research report on Tuesday, May 21. BMO Capital Markets raised their price target on Brinker International shares from $55.00 to $65.00 and gave the company an outperform rating in a research report on Wednesday, May 1. Raymond James downgraded Brinker International shares from a strong-buy rating to an outperform rating and raised their price target on the stock from $62.00 to $82.50 in a research report on Monday, July 8. Finally, Evercore ISI raised their price target on shares of Brinker International from $53.00 to $65.00 and gave the stock an in-line rating in a research report on Wednesday, May 22. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have given the company’s stock a buy rating. According to data from MarketBeat.com, the company has a consensus rating of Hold and an average price target of $57.34.
Check out our latest analysis on Brinker International
Brinker International share price development
Shares of NYSE EAT opened at $63.00 on Thursday. The company’s 50-day moving average is $67.41 and its 200-day moving average is $56.93. Brinker International has a 52-week low of $28.23 and a 52-week high of $76.02. The company has a market cap of $2.80 billion, a P/E ratio of 18.69, a PEG ratio of 0.63 and a beta of 2.52.
Insider activities at Brinker International
In related news, COO Douglas N. Comings sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 29. The shares were sold at an average price of $68.31, for a total value of $683,100.00. Following the transaction, the chief operating officer now directly owns 38,164 shares of the company’s stock, valued at $2,606,982.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, available at this link. In other Brinker International news, COO Douglas N. Comings sold 2,953 shares of the company’s stock in a transaction that occurred on Wednesday, June 5. The shares were sold at an average price of $72.97, for a total value of $215,480.41. Following the completion of the sale, the Chief Operating Officer now owns 38,164 shares of the company’s stock, valued at $2,784,827.08. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC’s website. Also, COO Douglas N. Comings sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 29. The shares were sold at an average price of $68.31, for a total transaction of $683,100.00. Following the completion of the sale, the Chief Operating Officer now directly owns 38,164 shares of the company’s stock, valued at approximately $2,606,982.84. The disclosure regarding this sale can be found here. Insiders have sold 17,664 shares of the company’s stock, valued at $1,216,601 in the last ninety days. Company insiders own 1.50% of the company’s stock.
Brinker International Company Profile
(Get free report)
Brinker International, Inc., together with its subsidiaries, owns, develops, operates and franchises casual dining restaurants in the United States and internationally. The company operates and franchises the Chili’s Grill & Bar and Maggiano’s Little Italy restaurant brands.
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