Brinker International, Inc. (NYSE: EAT) closed the day trading at $47.91 down -0.60% from the previous closing price of $48.20. In other words, the price has decreased by -$0.29 from its previous closing price. On the day, 833422 shares were traded.
Ratios:
For a better understanding of EAT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 93.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.29. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 2.12B and an Enterprise Value of 4.19B. As of this moment, Brinker’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.02, and their Forward P/E ratio for the next fiscal year is 11.79. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.50. Its current Enterprise Value per Revenue stands at 0.99 whereas that against EBITDA is 11.06.
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 46.45, while the 200-Day Moving Average is calculated to be 38.62.
Shares Statistics:
Over the past 3-months, EAT traded about 1.29M shares per day on average, while over the past 10 days, EAT traded about 1.3M shares per day. 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 104.07% stake in the company. Shares short for EAT as of Mar 28, 2024 were 5.85M with a Short Ratio of 4.85, compared to 6.08M on Feb 29, 2024. Therefore, it implies a Short% of Shares Outstanding of 13.23% and a Short% of Float of 23.70%.
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 Mar 26, 2020 with an ex-dividend date of Mar 05, 2020. Stock splits for the company last occurred on Dec 01, 2006 when the company split stock in a 3:2 ratio.
Earnings Estimates
Current recommendations for the stock of the company come from 18 analysts. On average, analysts expect EPS of $1.14 for the current quarter, with a high estimate of $1.23 and a low estimate of $1.06, while EPS last year was $1.23. The consensus estimate for the next quarter is $1.26, with high estimates of $1.39 and low estimates of $1.16.
Analysts are recommending an EPS of between $3.88 and $3.54 for the fiscal current year, implying an average EPS of $3.67. EPS for the following year is $4.04, with 19 analysts recommending between $4.5 and $3.74.
Revenue Estimates
A total of 17 analysts have provided revenue estimates for EAT’s current fiscal year. The highest revenue estimate was $4.34B, while the lowest revenue estimate was $4.31B, resulting in an average revenue estimate of $4.33B. In the same quarter a year ago, actual revenue was $4.13B, up 4.90% from the average estimate. Based on 17 analysts’ estimates, the company’s revenue will be $4.48B in the next fiscal year. The high estimate is $4.53B and the low estimate is $4.38B. The average revenue growth estimate for next year is up 3.40% from the average revenue estimate for this year.
