Brinker International, Inc. (NYSE: EAT) is 34.04% higher on its value in year-to-date trading and has touched a low of $28.23 and a high of $58.09 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The EAT stock was last observed hovering at around $56.96 in the last trading session, with the day’s gains setting it 0.92%.
Currently trading at $57.88, the stock is 17.54% and 19.69% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.4 million and changing 1.62% at the moment leaves the stock 45.32% off its SMA200. EAT registered 56.60% gain for a year compared to 6-month gain of 65.28%.
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The stock witnessed a 20.81% loss in the last 1 month and extending the period to 3 months gives it a 31.04%, and is 5.33% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.14% over the week and 3.58% over the month.
Brinker International, Inc. (EAT) has around 64323 employees, a market worth around $2.58B and $4.28B in sales. Current P/E ratio is 17.17 and Fwd P/E is 13.34. Profit margin for the company is 3.55%. Distance from 52-week low is 105.03% and -0.36% from its 52-week high. The company has generated returns on investments over the last 12 months (8.20%).
Brinker International, Inc. quarterly earnings per share for the current quarter are estimated at $1.44 with sales reaching $1.14B over the same period.The EPS is expected to grow by 37.97% this year, but quarterly earnings will post 5.40% year-over-year. Quarterly sales are estimated to grow 5.60% in year-over-year returns.
The shares outstanding are 44.60M, and float is at 43.77M with Short Float at 16.86%.
Brinker International, Inc. (EAT) Insider Activity
The most recent transaction is an insider sale by Taylor Joseph G, the company’s EVP & CFO. SEC filings show that Taylor Joseph G sold 24,163 shares of the company’s common stock on Feb 02 ’24 at a price of $44.97 per share for a total of $1.09 million. Following the sale, the insider now owns 56661.0 shares.
Brinker International, Inc. disclosed in a document filed with the SEC on Dec 12 ’23 that Taylor Joseph G (EVP & CFO) sold a total of 5,000 shares of the company’s common stock. The trade occurred on Dec 12 ’23 and was made at $41.21 per share for $0.21 million. Following the transaction, the insider now directly holds 66286.0 shares of the EAT stock.
Still, SEC filings show that on Dec 11 ’23, Comings Douglas N. (SVP & COO, Chili’s) disposed off 14,951 shares at an average price of $40.76 for $0.61 million. The insider now directly holds 37,604 shares of Brinker International, Inc. (EAT).
