
Brinker International (EAT) Stock Forecast & Price Target
Brinker International (EAT) Analyst Ratings
Bulls say
Brinker International is a U.S-based casual dining operator, with its primary brand, Chili's Grill & Bar, accounting for 90% of overall sales and profit, and the remaining portion coming from Maggiano's Little Italy. The company is currently trading below historical averages and peer averages, and with strong underlying sales momentum and potential for margin and unit growth, we see a potential for multiple expansion and are upgrading shares from Sector Weight to Overweight with a target price of $177. In addition, the company has taken strategic initiatives centered around menu simplification, operational efficiency, and margin recovery, which could further support its financial performance. Despite potential risks such as the macroeconomic environment and competition in the industry, we are optimistic about the company's outlook.
Bears say
Brinker International is currently trading at a discount compared to its casual dining peers, indicating potential for future multiple expansion. This is supported by the company's steady improvement in customer perceptions and projected outperformance in same store sales. However, potential risks to the industry from changes in the global economic and regulatory environment, as well as competition and rising costs, may hinder the company's growth prospects in the long term. Additionally, with an attractive valuation and expected improvements in sales and margins, it may be wise to reevaluate the stock in the future for potential upside.
This aggregate rating is based on analysts' research of Brinker International and is not a guaranteed prediction by Public.com or investment advice.
Brinker International (EAT) Analyst Forecast & Price Prediction
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