Brinker International (EAT)

• Market cap: $6.4B
• 1 day: 0.40%
• 5 days: 5.67%
• 1 month: 7.74%
• 3 months: 61.39%
• 6 months: 116.72%
• Year to date: 4.69%
• 1 year: 274.73%
• 5 years: 225.99%
• 10 years: 137.20%
• Sector: Consumer Discretionary
• Industry: Eating Places

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 Q3 regulatory filings by fund managers ($100M+ AUM)

89% more first-time investments, than exits

New positions opened: 66 | Existing positions closed: 35

33% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 4 (+1) [Q3]

9% more funds holding

Funds holding: 288 [Q2] → 315 (+27) [Q3]

4% more capital invested

Capital invested by funds: $3.63B [Q2] → $3.78B (+$148M) [Q3]

4% less call options, than puts

Call options by funds: $73.8M | Put options by funds: $76.5M

7% less repeat investments, than reductions

Existing positions increased: 99 | Existing positions reduced: 107

3.76% less ownership

Funds ownership: 112.76% [Q2] → 108.99% (-3.76%) [Q3]

Research analyst outlook

12 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $85 41% downside
• Avg. target: $121 16% downside
• High target: $155 8% upside

12 analyst ratings

• positive: 3 25%
• neutral: 8 67%
• negative: 1 8%

Stifel Chris O'Cull 62% 1-year accuracy 21 / 34 met price target	8% upside $155	Buy Maintained	10 Jan 2025
Barclays Jeffrey Bernstein 45% 1-year accuracy 45 / 100 met price target	1% downside $143	Equal-Weight Maintained	7 Jan 2025
UBS Dennis Geiger 40% 1-year accuracy 8 / 20 met price target	1% upside $146	Neutral Maintained	7 Jan 2025
Morgan Stanley John Glass 28% 1-year accuracy 7 / 25 met price target	20% downside $115	Equal-Weight Upgraded	20 Dec 2024
Wells Fargo Zachary Fadem 66% 1-year accuracy 23 / 35 met price target	10% downside $130	Equal-Weight Upgraded	12 Dec 2024