At the time of writing, Brinker International, Inc. [EAT] stock is trading at $66.69, up 3.25%. 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 4.60% over the last week, with a monthly amount drifted -2.01%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Brinker International, Inc. [NYSE: EAT] stock has seen the most recent analyst activity on July 08, 2024, when Raymond James downgraded its rating to a Outperform and also boosted its price target to $82.50 from $62. Previously, Argus upgraded its rating to Buy on May 21, 2024, and kept the price target unchanged to $72. On January 16, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $48 on the stock. Morgan Stanley downgraded its rating to a Underweight but stick to its price target of $36 on January 16, 2024. Raymond James upgraded its rating to a Strong Buy and reduced its price target to $40 on October 18, 2023. Stifel upgraded its rating to Buy for this stock on September 29, 2023, and upped its price target to $45. In a note dated July 18, 2023, Piper Sandler initiated an Neutral rating and provided a target price of $40 on this stock.
For the past year, the stock price of Brinker International, Inc. fluctuated between $28.23 and $76.02. Currently, Wall Street analysts expect the stock to reach $49.4 within the next 12 months. Brinker International, Inc. [NYSE: EAT] shares were valued at $66.69 at the most recent close of the market. An investor can expect a potential drop of -25.93% based on the average EAT price forecast.
Analyzing the EAT fundamentals
According to Brinker International, Inc. [NYSE:EAT], the company’s sales were 4.28B for trailing twelve months, which represents an 3.43% jump. Gross Profit Margin for this corporation currently stands at 0.13% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is -1.33 and Total Capital is 0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -20.29.
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 64.78 points at the first support level, and at 62.86 for the second support level. However, for the 1st resistance point, the stock is sitting at 67.90, and for the 2nd resistance point, it is at 69.11.
Ratios To Look Out For
It is important to note that Brinker International, Inc. [NYSE:EAT] has a current ratio of 0.30. In addition, the Quick Ratio stands at 0.14 and the Cash Ratio stands at 0.03. Considering the valuation of this stock, the price to sales ratio is 0.69 and price to earnings (TTM) ratio is 19.79.
Transactions by insiders
Recent insider trading involved Comings Douglas N., SVP & COO, Chili’s, that happened on Jun 05 ’24 when 2953.0 shares were sold. SVP, Chief Legal Officer, Fuller Daniel S completed a deal on May 30 ’24 to sell 3611.0 shares. Meanwhile, SVP & COO, Chili’s Comings Douglas N. sold 10000.0 shares on May 29 ’24.
