Brinker International, Inc (NYSE: EAT) is 204.15% higher on its value in year-to-date trading and has touched a low of $37.25 and a high of $134.00 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 $127.35 in the last trading session, with the day’s gains setting it 3.98%.
Currently trading at $131.33, the stock is 1.72% and 15.36% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.3 million and changing 3.13% at the moment leaves the stock 72.93% off its SMA200. EAT registered 214.94% gain for a year compared to 6-month gain of 84.32%. The firm has a 50-day simple moving average (SMA 50) of $113.8476 and a 200-day simple moving average (SMA200) of $75.94485.
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The stock witnessed a 7.53% loss in the last 1 month and extending the period to 3 months gives it a 71.34%, and is 3.04% 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 4.41% over the week and 3.29% over the month.
Brinker International, Inc (EAT) has around 68852 employees, a market worth around $5.83B and $4.54B in sales. Current P/E ratio is 32.10 and Fwd P/E is 20.33. Profit margin for the company is 4.11%. Distance from 52-week low is 252.56% and -1.99% from its 52-week high. The company has generated returns on investments over the last 12 months (9.86%).
with sales reaching $1.19B over the same period.The EPS is expected to grow by 38.79% this year, but quarterly earnings will post 8.36% year-over-year. Quarterly sales are estimated to grow 11.06% in year-over-year returns.
429.0 institutions hold shares in Brinker International, Inc (EAT), with institutional investors hold 115.88% of the company’s shares. The shares outstanding are 44.40M, and float is at 43.67M with Short Float at 12.07%. Institutions hold 114.20% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 6.86 million shares valued at $496.5 million. The investor’s holdings represent 15.4823 of the EAT Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 5.3 million shares valued at $383.4 million to account for 11.9555 of the shares outstanding. The other top investors are FMR LLC which holds 4.06 million shares representing 9.1748 and valued at over $294.22 million, while FRANKLIN RESOURCES INC holds 5.5421 of the shares totaling 2.46 million with a market value of $177.73 million.
Brinker International, Inc (EAT) Insider Activity
The most recent transaction is an insider sale by White Aaron M, the company’s EVP, Chief People Officer. SEC filings show that White Aaron M sold 1,525 shares of the company’s common stock on Dec 02 ’24 at a price of $130.69 per share for a total of $0.2 million. Following the sale, the insider now owns 38873.0 shares.
Still, SEC filings show that on Nov 22 ’24, Fuller Daniel S (SVP, Chief Legal Officer) disposed off 4,000 shares at an average price of $125.81 for $0.5 million. The insider now directly holds 33,285 shares of Brinker International, Inc (EAT).