News headlines about Brinker International (NYSE:EAT) have been trending somewhat positive this week, Accern Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Brinker International earned a news impact score of 0.13 on Accern’s scale. Accern also gave news stories about the restaurant operator an impact score of 44.7031010859565 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Shares of Brinker International (EAT) traded down $1.14 during trading hours on Friday, reaching $38.84. The company had a trading volume of 1,252,124 shares, compared to its average volume of 1,372,578. Brinker International has a 52 week low of $29.50 and a 52 week high of $50.41. The company has a debt-to-equity ratio of -2.51, a quick ratio of 0.28 and a current ratio of 0.34. The stock has a market cap of $1,850.68, a P/E ratio of 14.02, a PEG ratio of 1.25 and a beta of 0.24.
Brinker International (NYSE:EAT) last posted its earnings results on Wednesday, November 1st. The restaurant operator reported $0.42 earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.01). The firm had revenue of $739.40 million for the quarter, compared to analysts’ expectations of $749.05 million. Brinker International had a negative return on equity of 30.36% and a net margin of 4.39%. The firm’s revenue was down 2.5% on a year-over-year basis. During the same quarter last year, the company posted $0.49 EPS. equities research analysts anticipate that Brinker International will post 3.21 earnings per share for the current fiscal year.
Several research analysts have issued reports on EAT shares. Zacks Investment Research lowered Brinker International from a “buy” rating to a “hold” rating in a report on Wednesday, October 18th. Maxim Group reiterated a “buy” rating and set a $49.00 price target on shares of Brinker International in a report on Tuesday, September 12th. Canaccord Genuity reiterated a “hold” rating and set a $40.00 price target on shares of Brinker International in a report on Thursday, December 21st. BMO Capital Markets reissued a “hold” rating on shares of Brinker International in a research report on Monday, November 6th. Finally, ValuEngine downgraded Brinker International from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $40.50.
In other news, SVP Charles A. Lousignont sold 3,364 shares of the company’s stock in a transaction on Thursday, November 9th. The stock was sold at an average price of $33.00, for a total value of $111,012.00. Following the completion of the sale, the senior vice president now directly owns 15,074 shares in the company, valued at approximately $497,442. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Wyman Roberts sold 33,683 shares of the stock in a transaction on Tuesday, December 5th. The stock was sold at an average price of $37.88, for a total value of $1,275,912.04. Following the completion of the sale, the insider now owns 137,572 shares of the company’s stock, valued at approximately $5,211,227.36. The disclosure for this sale can be found here. Corporate insiders own 1.91% of the company’s stock.
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Brinker International Company Profile
Brinker International, Inc is engaged in the ownership, operation, development, and franchising of the Chili’s Grill & Bar (Chili’s) and Maggiano’s Little Italy (Maggiano’s) restaurant brands. The Company’s Chili’s operates Bar & Grill category of casual dining. Chili’s menu features authentic Fresh Mex and Fresh Tex cuisine, including signature items, such as Baby Back Ribs smoked in-house, Hand-Crafted Burgers served with house-made garlic dill pickles, Mix and Match Fajitas, Tableside Guacamole and house-made Chips and Salsa.
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