Brinker International (NYSE:EAT) Issues FY25 Earnings Guidance

Brinker International (NYSE:EAT) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $4.35-4.75 for the period, compared to the consensus earnings per share 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.

Brinker International Stock Performance

Shares of NYSE EAT opened at $63.00 on Thursday. The company has a market capitalization of $2.80 billion, a P/E ratio of 18.69, a price-to-earnings-growth ratio of 0.63 and a beta of 2.52. Brinker International has a 52-week low of $28.23 and a 52-week high of $76.02. The company’s 50 day moving average price is $67.41 and its 200-day moving average price is $56.93.

Wall Street Analyst Weigh In

EAT has been the topic of a number of recent analyst reports. Morgan Stanley boosted their price target on shares of Brinker International from $42.00 to $50.00 and gave the stock an underweight rating in a research report on Tuesday, July 16th. Stifel Nicolaus boosted their price target on shares of Brinker International from $62.00 to $90.00 and gave the stock a buy rating in a research report on Tuesday, June 25th. JPMorgan Chase & Co. boosted 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 boosted their target price on shares of Brinker International from $51.00 to $58.00 and gave the company an underperform rating in a research report on Wednesday, July 17th. Finally, BMO Capital Markets boosted their target price on shares of Brinker International from $55.00 to $65.00 and gave the company an outperform rating in a research report on Wednesday, May 1st. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, Brinker International has an average rating of Hold and an average target price of $57.34.

Insider Buying and Selling at Brinker International

In other Brinker International news, SVP Daniel S. Fuller sold 3,611 shares of the business’s stock in a transaction on Thursday, May 30th. The shares were sold at an average price of $69.04, for a total transaction of $249,303.44. Following the completion of the sale, the senior vice president now owns 34,764 shares in the company, valued at approximately $2,400,106.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, COO Douglas N. Comings sold 2,953 shares of the company’s stock in a transaction on Wednesday, June 5th. 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 in the company, valued at approximately $2,784,827.08. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Daniel S. Fuller sold 3,611 shares of the company’s stock in a transaction on Thursday, May 30th. The stock was sold at an average price of $69.04, for a total transaction of $249,303.44. Following the completion of the sale, the senior vice president now owns 34,764 shares of the company’s stock, valued at approximately $2,400,106.56. The disclosure for this sale can be found here. In the last 90 days, insiders sold 17,664 shares of company stock worth $1,216,601. 1.50% of the stock is owned by corporate insiders.

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.