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The closing price of Brinker International, Inc. (NYSE: EAT) was $44.07 for the day, down -2.67% from the previous closing price of $45.28. In other words, the price has decreased by -$2.67 from its previous closing price. On the day, 1.14 million shares were traded. EAT stock price reached its highest trading level at $45.78 during the session, while it also had its lowest trading level at $43.37.
Ratios:
Our analysis of EAT’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 85.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.22. For the most recent quarter (mrq), Quick Ratio is recorded 0.21 and its Current Ratio is at 0.36.
On January 16, 2024, Morgan Stanley Downgraded its rating to Underweight which previously was Equal-Weight but kept the price unchanged to $36.
Raymond James Upgraded its Outperform to Strong Buy on October 18, 2023, whereas the target price for the stock was revised from $45 to $40.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 02 ’24 when Taylor Joseph G sold 24,163 shares for $44.97 per share. The transaction valued at 1,086,514 led to the insider holds 56,661 shares of the business.
Taylor Joseph G sold 5,000 shares of EAT for $206,050 on Dec 12 ’23. The EVP & CFO now owns 66,286 shares after completing the transaction at $41.21 per share. On Dec 11 ’23, another insider, Comings Douglas N., who serves as the SVP & COO, Chili’s of the company, sold 14,951 shares for $40.76 each. As a result, the insider received 609,403 and left with 37,604 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EAT now has a Market Capitalization of 1949088256 and an Enterprise Value of 4018689280. As of this moment, Brinker’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.90, and their Forward P/E ratio for the next fiscal year is 10.79. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46. Its current Enterprise Value per Revenue stands at 0.947 whereas that against EBITDA is 9.906.
Stock Price History:
Over the past 52 weeks, EAT has reached a high of $51.72, while it has fallen to a 52-week low of $28.23. The 50-Day Moving Average of the stock is -5.69%, while the 200-Day Moving Average is calculated to be 13.35%.
Shares Statistics:
EAT traded an average of 1.31M shares per day over the past three months and 1336110 shares per day over the past ten days. A total of 44.60M shares are outstanding, with a floating share count of 43.51M. Insiders hold about 1.63% of the company’s shares, while institutions hold 103.70% stake in the company. Shares short for EAT as of 1711584000 were 5852221 with a Short Ratio of 4.46, compared to 1709164800 on 6077005. Therefore, it implies a Short% of Shares Outstanding of 5852221 and a Short% of Float of 23.7.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 3.47.
Earnings Estimates
The current market rating for Brinker International, Inc. (EAT) reflects the collective analysis of Energy Transfer LP analysts closely monitoring its performance.The consensus estimate for the next quarter is $358.32, with high estimates of $24.99 and low estimates of $310.18.
