Brinker InternationalEAT
Market Cap: $3.11B
About: Brinker International Inc operates casual dining restaurants under the brand's Chili Grill and Bar (Chili's) and Maggiano's Little Italy (Maggiano's). Chili's falls in the Bar and Grill category of casual dining. Its menu features Fresh Mex and Fresh Tex favorites including signature items such as slow-smoked baby back ribs, craft burgers, fajitas, and bottomless chips and salsa paired with tableside guacamole. Maggiano's is an Italian restaurant brand with a full lunch and dinner menu offering chef-prepared, such as appetizers, chicken, seafood, veal and prime steaks, and desserts. The company generates maximum revenue from Chili's segment.
Employees: 68,852
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
100% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 32
43% more capital invested
Capital invested by funds: $2.47B [Q1] → $3.54B (+$1.07B) [Q2]
29% more call options, than puts
Call options by funds: $85.1M | Put options by funds: $66.2M
23% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 82
13% more funds holding
Funds holding: 255 [Q1] → 287 (+32) [Q2]
2.49% less ownership
Funds ownership: 112.64% [Q1] → 110.15% (-2.49%) [Q2]
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
11 analyst ratings
B of A Securities Katherine Griffin 0% 1-year accuracy 0 / 2 met price target | 9%downside $63 | Underperform Maintained | 15 Aug 2024 |
Keybanc Eric Gonzalez 44% 1-year accuracy 12 / 27 met price target | 4%upside $72 | Overweight Upgraded | 15 Aug 2024 |
Wells Fargo Jon Tower 66% 1-year accuracy 19 / 29 met price target | 28%downside $50 | Underweight Maintained | 15 Aug 2024 |
Barclays Jeffrey Bernstein 51% 1-year accuracy 29 / 57 met price target | 5%downside $66 | Equal-Weight Maintained | 15 Aug 2024 |
Evercore ISI Group David Palmer 55% 1-year accuracy 11 / 20 met price target | 0%downside $69 | In-Line Maintained | 15 Aug 2024 |
Financial journalist opinion
Based on 45 articles about EAT published over the past 30 days