Market Recap: Brinker International, Inc. (EAT)’s Positive Momentum, Closing at 66.50

Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The closing price of Brinker International, Inc. (NYSE: EAT) was $66.50 for the day, up 0.23% from the previous closing price of $66.35. In other words, the price has increased by $0.23 from its previous closing price. On the day, 1.36 million shares were traded. EAT stock price reached its highest trading level at $67.965 during the session, while it also had its lowest trading level at $66.01.

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 190.88 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.17. For the most recent quarter (mrq), Quick Ratio is recorded 0.14 and its Current Ratio is at 0.30.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Raymond James on July 08, 2024, Downgraded its rating to Outperform and sets its target price to $82.50 from $62 previously.

On May 21, 2024, Argus Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $72.

Gordon Haskett Upgraded its Hold to Buy on January 16, 2024, while the target price for the stock was maintained at $48.

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 Jun 05 ’24 when Comings Douglas N. sold 2,953 shares for $72.97 per share. The transaction valued at 215,480 led to the insider holds 38,164 shares of the business.

Fuller Daniel S sold 3,611 shares of EAT for $249,303 on May 30 ’24. The SVP, Chief Legal Officer now owns 34,764 shares after completing the transaction at $69.04 per share. On May 29 ’24, another insider, Comings Douglas N., who serves as the SVP & COO, Chili’s of the company, sold 10,000 shares for $68.31 each. As a result, the insider received 683,100 and left with 38,164 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 2958618368 and an Enterprise Value of 4974619136. As of this moment, Brinker’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.73, and their Forward P/E ratio for the next fiscal year is 14.28. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.96. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.69. Its current Enterprise Value per Revenue stands at 1.162 whereas that against EBITDA is 12.019.

Stock Price History:

The Beta on a monthly basis for EAT is 2.52, which has changed by 0.6959959 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. Over the past 52 weeks, EAT has reached a high of $76.02, while it has fallen to a 52-week low of $28.23. The 50-Day Moving Average of the stock is -1.61%, while the 200-Day Moving Average is calculated to be 37.59%.

Shares Statistics:

EAT traded an average of 1.56M shares per day over the past three months and 1893070 shares per day over the past ten days. A total of 44.60M shares are outstanding, with a floating share count of 43.73M. Insiders hold about 1.72% of the company’s shares, while institutions hold 110.91% stake in the company. Shares short for EAT as of 1719532800 were 7073349 with a Short Ratio of 4.54, compared to 1717113600 on 7878914. Therefore, it implies a Short% of Shares Outstanding of 7073349 and a Short% of Float of 28.34.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 3.47. The current Payout Ratio is 0.00% for EAT, which recently paid a dividend on 2020-03-05 with an ex-dividend date of 1583366400. Stock splits for the company last occurred on 2006-12-01 when the company split stock in a 3:2 ratio.

Most Popular