Impact of Brokerage Rating on Brinker International, Inc.(EAT)

Many Brinker International, Inc.(EAT) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Brinker International was Reiterated by Maxim Group on Jan 26, 2017 to Buy, Lowers Price Target to $ 54 from a previous price target of $58 .Brinker International was Reiterated by Telsey Advisory Group on Jan 26, 2017 to Market Perform, Lowers Price Target to $ 49 from a previous price target of $52 .Brinker International was Downgraded by Morgan Stanley to Underweight on Jan 17, 2017. Brinker International was Downgraded by Telsey Advisory Group on Jan 4, 2017 to Market Perform, Lowers Price Target to $ 52 from a previous price target of $60 .

Company has reported several Insider transactions to the SEC, on Feb 13, 2017, Kelli Valade (EVP & President of Chilis) sold 10,500 shares at 45.81 per share price.On Nov 21, 2016, Steve Provost (Pres., Maggianos Little Italy) sold 9,728 shares at 53.91 per share price.On Nov 10, 2016, Joseph G Taylor (VP, Inv. Rel. & Treasurer) sold 1,500 shares at 51.69 per share price.

Brinker International Last issued its quarterly earnings results on Jan 25, 2017. The company reported $0.71 EPS for the quarter, missing the analyst consensus estimate by $ -0.03. Analyst had a consensus of $0.74. The company had revenue of $771.00 million for the quarter, compared to analysts expectations of $787.83 million. The companys revenue was down -2.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.78 EPS.

Brinker International, Inc. (NYSE:EAT) has received a short term rating of strong sell from experts at Zacks with a rank of 5. The stock has been rated an average of 3.02 by 15 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 10 Brokerage Firms have advised hold. 2 Analysts have rated it as strong sell. A sell rating was given by 1 analyst.

Brinker International, Inc. (NYSE:EAT): The mean estimate for the short term price target for Brinker International, Inc. (NYSE:EAT) stands at $48.46 according to 11 Analysts. The higher price target estimate for the stock has been calculated at $55 while the lower price target estimate is at $43.

Brinker International, Inc. (NYSE:EAT) rose 0.26% or 0.12 points on Tuesday and made its way into the gainers of the day. After trading began at $45.41 the stock was seen hitting $45.8366 as a peak level and $45.07 as the lowest level. The stock ended up at $45.67. The daily volume was measured at 868,558 shares. The 52-week high of the share price is $55.84 and the 52-week low is $43.18. The company has a market cap of $2,232 million.

Brinker International either owns, operates, franchises, or is involved in the ownership of restaurants under the names Chilis Grill & Bar, Romanos Macaroni Grill, On The Border Mexican Grill & Cantina, Maggianos Little Italy, Cozymels Coastal Grill, Corner Bakery Cafe, Big Bowl Asian Kitchen, and Rockfish Seafood Grill.


Share this post

Leave a Reply