Brinker International (NYSE:EAT) Updates FY25 Earnings Guidance

Brinker International (NYSE:EAT) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided EPS guidance of $4.35-4.75 for the period, compared to the consensus EPS estimate of $4.80. The company issued revenue guidance of $4.55-4.62 billion, compared to the consensus revenue estimate of $4.53 billion. Brinker International also updated its FY 2025 guidance to 4.350-4.750 EPS.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. Wedbush raised their price target on Brinker International from $56.00 to $68.00 and gave the company a neutral rating in a research note on Tuesday, July 30th. BMO Capital Markets raised their target price on shares of Brinker International from $55.00 to $65.00 and gave the company an outperform rating in a research note on Wednesday, May 1st. JPMorgan Chase & Co. upped their price target on shares of Brinker International from $48.00 to $62.00 and gave the stock an overweight rating in a research report on Tuesday, May 28th. Bank of America increased their price target on shares of Brinker International from $51.00 to $58.00 and gave the company an underperform rating in a research note on Wednesday, July 17th. Finally, UBS Group upped their target price on shares of Brinker International from $46.00 to $50.00 and gave the company a neutral rating in a report on Wednesday, April 24th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of Hold and an average price target of $57.34.

Brinker International Stock Up 2.7 %

Brinker International stock opened at $70.32 on Wednesday. Brinker International has a twelve month low of $28.23 and a twelve month high of $76.02. The stock has a market cap of $3.13 billion, a P/E ratio of 20.87, a P/E/G ratio of 0.63 and a beta of 2.52. The company’s 50-day moving average price is $67.60 and its two-hundred day moving average price is $56.89.

Insider Transactions at Brinker International

In related news, Director Prashant Ranade sold 1,100 shares of the business’s stock in a transaction on Friday, May 17th. The stock was sold at an average price of $62.47, for a total value of $68,717.00. Following the completion of the sale, the director now directly owns 17,039 shares in the company, valued at approximately $1,064,426.33. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, Director Prashant Ranade sold 1,100 shares of the firm’s stock in a transaction dated Friday, May 17th. The shares were sold at an average price of $62.47, for a total transaction of $68,717.00. Following the transaction, the director now directly owns 17,039 shares of the company’s stock, valued at $1,064,426.33. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, COO Douglas N. Comings sold 10,000 shares of the business’s stock in a transaction dated Wednesday, May 29th. 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 for this sale can be found here. Over the last quarter, insiders have sold 17,664 shares of company stock worth $1,216,601. Company insiders own 1.50% of the company’s stock.

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.