Last Updated: 15 Sep 2024
Executive Summary
Brinker International Inc. (EAT) is a restaurant operator with a market capitalization of $3.16 billion. The company's fundamentals are strong, with a trailing P/E ratio of 20.7 and an EPS of $3.4. Technically, the stock is in a bullish trend, with a 50-day moving average of $67.15 and a 200-day moving average of $54.79. Analysts are bullish on the stock, with a consensus target price of $66.06 and a majority rating of "Buy." The short-term outlook is positive, with the stock expected to continue its upward trend. The long-term outlook is also positive, with the company expected to continue to grow its earnings and revenue.
Company Overview
Brinker International Inc. owns, develops, operates, and franchises casual dining restaurants in the United States and internationally. The company's brands include Chili's Grill & Bar, Maggiano's Little Italy, and Romano's Macaroni Grill. Brinker is headquartered in Dallas, Texas.
Fundamental Analysis
Brinker International's fundamentals are strong. The company has a trailing P/E ratio of 20.7, which is below the industry average of 24.6. The company's EPS is $3.4, which is up from $3.2 in the previous year. Brinker's revenue is also growing, with a 12.3% increase in the past year. The company's profit margin is 3.52%, which is above the industry average of 2.9%.
Technical Analysis
Brinker International's stock is in a bullish trend. The stock has been trading above its 50-day and 200-day moving averages for the past several months. The stock's relative strength index (RSI) is 65, which indicates that the stock is overbought but still has room to run.
Short Term Outlook
The short-term outlook for Brinker International is positive. The stock is expected to continue its upward trend in the coming months. The company's fundamentals are strong, and the technical analysis is bullish.
Long Term Outlook
The long-term outlook for Brinker International is also positive. The company is expected to continue to grow its earnings and revenue in the coming years. The company's brands are well-known and popular, and the company has a strong track record of success.
Analyst Recommendations
Analysts are bullish on Brinker International. The consensus target price for the stock is $66.06, which is 5.2% above the current price. The majority of analysts have a "Buy" rating on the stock.
