Saturday, April 4, 2020

Brinker International Inc. (EAT) Stock trading around $42.52 per share: What’s Next?

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Brinker International Inc. (NYSE:EAT) stock went on an upward path that rose over 0.54% on Tuesday, amounting to a one-week price increase of more than 0.64%. Over the last 12 months, EAT stock dropped by -12.55%. The one-year EAT stock forecast points to a potential downside of -0.13, with the average price target set at $48.18 per share. The average equity rating for EAT stock is currently 2.60, trading closer to a bullish pattern in the stock market.

The market cap for EAT stock reached $1.60 billion, with 37.70 million shares outstanding and 36.78 million shares in the current float. Compared to the average trading volume of 770.88K shares, EAT reached a trading volume of 594648 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Brinker International Inc. (EAT):

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EAT shares is $48.23 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EAT stock is a recommendation set at 2.60. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Goldman have made an estimate for Brinker International Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 12, 2019. The new note on the price target was released on December 10, 2019, representing the official price target for Brinker International Inc. stock. Previously, the target price had yet another raise from $39 to $54, while Piper Jaffray kept a Overweight rating on EAT stock. On October 31, 2019, analysts increased their price target for EAT shares from 47 to 54.

The Average True Range (ATR) for Brinker International Inc. is set at 0.92, with the Price to Sales ratio for EAT stock in the period of the last 12 months amounting to 0.49. Price to Cash per share for the same quarter was set at 0.77. Price to Free Cash Flow for EAT in the course of the last twelve months was 47.29 with Quick ratio for the last quarter at 0.30.

EAT Stock Performance Analysis:

Brinker International Inc. (EAT) gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.64. With this latest performance, EAT shares gained by 0.28% in over the last four-week period, additionally plugging by 6.73% over the last 6 months – not to mention a drop of -12.55% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for EAT stock in for the last two-week period is set at 49.97, with the RSI for the last a single of trading hit 53.26, and the three-weeks RSI is set at 49.30 for Brinker International Inc. (EAT). The present Moving Average for the last 50 days of trading for this stock 43.48, while it was recorded at 42.48 for the last single week of trading, and 41.48 for the last 200 days.

Insight into Brinker International Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Brinker International Inc. (EAT) shares currently have an operating margin of +6.78 and a Gross Margin at +11.66. Brinker International Inc.’s Net Margin is presently recorded at +4.81.

Return on Total Capital for EAT is now 35.60, given the latest momentum, and Return on Invested Capital for the company is 25.61. Return on Assets sitting at 11.51. Additionally, EAT Total Debt to Total Capital is recorded at 277.63, with Total Debt to Total Assets ending up at 93.71. Long-Term Debt to Total Capital now at 275.42.

Reflecting on the efficiency of the workforce at the company, Brinker International Inc. (EAT) managed to generate an average of $2,759 per employee. Receivables Turnover for the company is 52.21 with a Total Asset Turnover recorded at a value of 2.39. Brinker International Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.30 and a Current Ratio set at 0.30.

EAT Stock EPS

With the latest financial reports released by the company, Brinker International Inc. posted 0.89/share EPS, while the average EPS was predicted by analysts to be reported at 0.89/share. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for EAT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Brinker International Inc. go to 4.55%.

Brinker International Inc. (EAT) Insider Position Details

There are presently around $1,962 million, in the hands of institutional investors. The top three institutional holders of EAT stocks are: VANGUARD GROUP INC with ownership of 7,316,079, which is approximately 3.568% of the company’s market cap and around 0.80% of the total institutional ownership; BLACKROCK INC., holding 4,533,508 shares of the stock with an approximate value of $191.72 million in EAT stocks shares; and LSV ASSET MANAGEMENT, currently with $120.84 million in EAT stock with ownership of nearly -5.54% of the company’s market capitalization.

Positions in Brinker International Inc. stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 106 institutional holders increased their position in Brinker International Inc. (NYSE:EAT) by around 6,189,933 shares. Additionally, 157 investors decreased positions by around 6,551,550 shares, while 51 investors held positions by with 33,653,721 shares. The mentioned changes placed institutional holdings at 46,395,204 shares, according to the latest SEC report filing. EAT stock had 35 new institutional investments in for a total of 3,046,133 shares, while 38 institutional investors sold positions of 1,031,301 shares during the same period.

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