Media stories about Brinker International (NYSE:EAT) have been trending somewhat positive recently, Accern Sentiment reports. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Brinker International earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned news headlines about the restaurant operator an impact score of 46.0105817016632 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the headlines that may have effected Accern Sentiment’s analysis:
- Brinker International (EAT) Given Average Recommendation of “Hold” by Analysts (americanbankingnews.com)
- Brinker International (EAT) Rating Lowered to Hold at Zacks Investment Research (americanbankingnews.com)
- Chili’s teases new burgers by going #Underground (nrn.com)
- Notable Tuesday Option Activity: EAT, MAS, DXC (nasdaq.com)
- Does Brinker International Inc’s (NYSE:EAT) Past Performance Indicate A Weaker Future? (finance.yahoo.com)
NYSE EAT opened at $39.87 on Thursday. Brinker International has a 52 week low of $29.50 and a 52 week high of $45.81. The stock has a market cap of $1,823.30, a PE ratio of 12.46, a price-to-earnings-growth ratio of 1.05 and a beta of 0.06. The company has a quick ratio of 0.38, a current ratio of 0.43 and a debt-to-equity ratio of -2.47.
Brinker International (NYSE:EAT) last released its quarterly earnings results on Tuesday, January 30th. The restaurant operator reported $0.87 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.72 by $0.15. Brinker International had a net margin of 4.10% and a negative return on equity of 30.98%. The firm had revenue of $766.40 million during the quarter, compared to analyst estimates of $773.84 million. During the same quarter in the prior year, the firm earned $0.71 EPS. The business’s revenue for the quarter was down .6% compared to the same quarter last year. sell-side analysts forecast that Brinker International will post 3.44 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Thursday, March 29th. Stockholders of record on Friday, March 9th were given a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 3.81%. The ex-dividend date of this dividend was Thursday, March 8th. Brinker International’s payout ratio is currently 47.50%.
A number of equities analysts recently issued reports on the stock. Barclays upped their price target on shares of Brinker International from $41.00 to $42.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 24th. Zacks Investment Research cut shares of Brinker International from a “hold” rating to a “sell” rating in a research note on Tuesday, January 2nd. Canaccord Genuity reiterated a “hold” rating and issued a $40.00 price target on shares of Brinker International in a research note on Thursday, December 21st. Maxim Group restated a “buy” rating and set a $52.00 target price (up previously from $49.00) on shares of Brinker International in a research note on Thursday, January 25th. Finally, ValuEngine cut shares of Brinker International from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and five have issued a buy rating to the company. Brinker International presently has a consensus rating of “Hold” and an average target price of $41.00.
In other news, VP Michaela M. Ware sold 830 shares of the company’s stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $34.08, for a total transaction of $28,286.40. Following the completion of the sale, the vice president now owns 8,181 shares of the company’s stock, valued at approximately $278,808.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.91% of the stock is owned by corporate insiders.
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Brinker International Company Profile
Brinker International, Inc, together with its subsidiaries, owns, develops, operates, and franchises casual dining restaurants worldwide. As of June 28, 2017, it owned, operated, or franchised 1,674 restaurants comprising 1,622 restaurants under the Chili's Grill & Bar brand name; and 52 restaurants under the Maggiano's Little Italy brand name.
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