Brinker International, Inc. (NYSE: EAT) is 43.82% higher on its value in year-to-date trading and has touched a low of $28.23 and a high of $63.80 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 $62.39 in the last trading session, with the day’s loss setting it -0.29%.
Currently trading at $62.10, the stock is 17.83% and 25.02% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.77 million and changing -0.46% at the moment leaves the stock 53.86% off its SMA200. EAT registered 63.03% gain for a year compared to 6-month gain of 82.54%.
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The stock witnessed a 37.15% loss in the last 1 month and extending the period to 3 months gives it a 41.20%, and is 7.29% 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 3.24% over the week and 3.41% over the month.
Brinker International, Inc. (EAT) has around 64323 employees, a market worth around $2.76B and $4.28B in sales. Current P/E ratio is 18.43 and Fwd P/E is 14.25. Profit margin for the company is 3.55%. Distance from 52-week low is 119.98% and -2.66% from its 52-week high. The company has generated returns on investments over the last 12 months (8.20%).
The EPS is expected to grow by 38.51% this year
The shares outstanding are 44.60M, and float is at 43.77M with Short Float at 17.47%.
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 40,050 shares of the company’s common stock on May 13 ’24 at a price of $60.45 per share for a total of $2.42 million. Following the sale, the insider now owns 66286.0 shares.
Brinker International, Inc. disclosed in a document filed with the SEC on Feb 02 ’24 that Taylor Joseph G (EVP & CFO) sold a total of 24,163 shares of the company’s common stock. The trade occurred on Feb 02 ’24 and was made at $44.97 per share for $1.09 million. Following the transaction, the insider now directly holds 56661.0 shares of the EAT stock.
Still, SEC filings show that on Dec 12 ’23, Taylor Joseph G (EVP & CFO) disposed off 5,000 shares at an average price of $41.21 for $0.21 million. The insider now directly holds 66,286 shares of Brinker International, Inc. (EAT).
