Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
In the latest session, Brinker International, Inc. (NYSE: EAT) closed at $54.95 up 2.52% from its previous closing price of $53.60. In other words, the price has increased by $2.52 from its previous closing price. On the day, 2.38 million shares were traded. EAT stock price reached its highest trading level at $55.69 during the session, while it also had its lowest trading level at $53.02.
Ratios:
For a deeper understanding of Brinker International, Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 107.07 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.57. For the most recent quarter (mrq), Quick Ratio is recorded 0.21 and its Current Ratio is at 0.30.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 2444752896 and an Enterprise Value of 4321184768. As of this moment, Brinker’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.29, and their Forward P/E ratio for the next fiscal year is 12.83. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.57. Its current Enterprise Value per Revenue stands at 1.009 whereas that against EBITDA is 10.473.
Stock Price History:
Over the past 52 weeks, EAT has reached a high of $54.68, while it has fallen to a 52-week low of $28.23. The 50-Day Moving Average of the stock is 16.06%, while the 200-Day Moving Average is calculated to be 39.45%.
Shares Statistics:
For the past three months, EAT has traded an average of 1.36M shares per day and 1721910 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 103.63% stake in the company. Shares short for EAT as of 1713139200 were 7380286 with a Short Ratio of 5.45, compared to 1710460800 on 6247684. Therefore, it implies a Short% of Shares Outstanding of 7380286 and a Short% of Float of 29.89.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 3.47.
