Analyst Ratings for Brinker International Inc. (EAT)Updated: 2017-07-29
Brinker International Inc. (NYSE:EAT) was awarded an average rating of Hold from investment analysts following the stock. Last month, EAT received an average rating of Hold.
A buy rating was issued by 2 analysts, 0 issued an overweight rating, 14 gave a hold rating, 1 gave an underweight rating, and 1 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has decreased by 1.
Investment analysts gave a few price targets for EAT. The highest price target was 54, implying a possible profit of 54.11 percent. The lowest price target was 37, implying potential capital losses of 5.59 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -0.48 percent. That number becomes -0.94 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -0.16 percent. If we look at the last 90 days instead, we find a net average change of -0.16 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 3 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 2 analysts decreased their estimates.
EAT has an estimated earnings growth rate of -1.22 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of EAT is -9.33.
In the trailing 52-weeks, EAT hit 55.84 at the highest peak, while it's lowest trading point was 34.92. The current market price is above the trailing year's low by 0.34 percent, and 37.25 percent below the high. EAT has a P/E ratio of 11.38. Investors typically compare the P/E ratio to a company's peers in the industry. The EAT value stock report compares EAT to some of its peers using value stock charts. The market cap of EAT is $1.78 billion. EAT's next earnings release will be on 0000-00-00, which is days away.