Brinker International, Inc. [EAT] stock is trading at $46.30, up 1.51%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The EAT shares have gain 3.70% over the last week, with a monthly amount glided 18.23%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
On 13, February 2024, Chili’s Grill & Bar Unveils the Fastest Margarita at Daytona, Challenging Fans to ‘Catch a ‘Rita’ During Race Week. In a post published today on Yahoo Finance, The Chili’s ‘Catch a ‘Rita’ No. 7 Chevrolet celebrates the restaurant’s position as one of the nation’s top destinations for margaritas, just in time for National Margarita Day on Feb. 22.
From an analyst’s perspective:
Brinker International, Inc. [NYSE: EAT] stock has seen the most recent analyst activity on January 16, 2024, when Gordon Haskett upgraded its rating to a Buy but kept the price target unchanged to $48 for it. Previously, Morgan Stanley downgraded its rating to Underweight on January 16, 2024, and kept the price target unchanged to $36. On October 18, 2023, upgrade upgraded it’s rating to Strong Buy and revised its price target to $40 on the stock. Stifel upgraded its rating to a Buy and increased its price target to $45 on September 29, 2023. Piper Sandler initiated its recommendation with a Neutral and recommended $40 as its price target on July 18, 2023. Wells Fargo started tracking with a Underweight rating for this stock on June 26, 2023, and assigned it a price target of $31. In a note dated May 02, 2023, Northcoast initiated an Neutral rating.
Brinker International, Inc. [EAT] stock has fluctuated between $28.23 and $46.51 over the past year. Currently, Wall Street analysts expect the stock to reach $43.31 within the next 12 months. Brinker International, Inc. [NYSE: EAT] shares were valued at $46.30 at the most recent close of the market. An investor can expect a potential drop of -6.46% based on the average EAT price forecast.
Analyzing the EAT fundamentals
Brinker International, Inc. [NYSE:EAT] reported sales of 4.25B for the trailing twelve months, which represents a growth of 5.41%. Gross Profit Margin for this corporation currently stands at -0.03% with Operating Profit Margin at -0.22%, Pretax Profit Margin comes in at -0.24%, and Net Profit Margin reading is -0.51%. To continue investigating profitability, this company’s Return on Assets is posted at -1.53, Equity is -2.61 and Total Capital is -22.65. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -6.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 45.53 points at the first support level, and at 44.76 for the second support level. However, for the 1st resistance point, the stock is sitting at 46.85, and for the 2nd resistance point, it is at 47.40.
Brinker International, Inc. [EAT] reported earnings per share of $0.99 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.95/share, meaning a difference of $0.04 and a surprise factor of 4.20%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.28 per share as compared to estimates of $0.06 per share, a difference of $0.22 representing a surprise of 366.70%.
Ratios To Look Out For
For context, Brinker International, Inc.’s Current Ratio is 0.36. In addition, the Quick Ratio stands at 0.21 and the Cash Ratio stands at 0.05. Considering the valuation of this stock, the price to sales ratio is 0.48 and price to earnings (TTM) ratio is 13.55.
Transactions by insiders
Recent insider trading involved Taylor Joseph G, EVP & CFO, that happened on Feb 02 when 24163.0 shares were sold. EVP & CFO, Taylor Joseph G completed a deal on Dec 12 to sell 5000.0 shares. Meanwhile, SVP & COO, Chili’s Comings Douglas N. sold 14951.0 shares on Dec 11.
