$0.42 EPS Expected for Brinker International, Inc. (EAT)

October 14, 2018 - By Michael Collier

Brinker International, Inc. (NYSE:EAT) LogoInvestors sentiment decreased to 0.74 in 2018 Q2. Its down 0.39, from 1.13 in 2018Q1. It dropped, as 36 investors sold Brinker International, Inc. shares while 103 reduced holdings. 51 funds opened positions while 52 raised stakes. 45.49 million shares or 10.96% less from 51.09 million shares in 2018Q1 were reported.
Ifrah Services stated it has 0.08% of its portfolio in Brinker International, Inc. (NYSE:EAT). 12,423 are held by Robeco Institutional Asset Mgmt Bv. Capital Fund Management holds 0% of its portfolio in Brinker International, Inc. (NYSE:EAT) for 19,946 shares. Farmers And Merchants Investments owns 550 shares. First Mercantile Tru has 1,210 shares. Minnesota-based Us Bank De has invested 0% in Brinker International, Inc. (NYSE:EAT). James Invest Rech invested 0.11% of its portfolio in Brinker International, Inc. (NYSE:EAT). Ny State Teachers Retirement Sys owns 113,233 shares. Chicago Equity Limited Liability Company, Illinois-based fund reported 120,885 shares. Atria Investments Limited Liability Company accumulated 0.07% or 35,026 shares. Moreover, Prelude Capital Mgmt has 0.07% invested in Brinker International, Inc. (NYSE:EAT). Manufacturers Life Ins Comm The holds 0.01% or 100,598 shares in its portfolio. Marshall Wace Llp stated it has 292,121 shares or 0.21% of all its holdings. Element Capital Lc, New York-based fund reported 12,124 shares. Northern Trust Corp reported 0.01% stake.

Since June 13, 2018, it had 0 insider buys, and 4 selling transactions for $784,443 activity. On Wednesday, June 13 DOYLE DAVID ROY sold $180,233 worth of Brinker International, Inc. (NYSE:EAT) or 3,615 shares. 4,224 shares were sold by Valade Kelli, worth $209,477.

Analysts expect Brinker International, Inc. (NYSE:EAT) to report $0.42 EPS on November, 7.They anticipate $0.00 EPS change or 0.00 % from last quarter’s $0.42 EPS. EAT’s profit would be $16.30 million giving it 26.88 P/E if the $0.42 EPS is correct. After having $1.19 EPS previously, Brinker International, Inc.’s analysts see -64.71 % EPS growth. The stock increased 1.03% or $0.46 during the last trading session, reaching $45.16. About 1.87M shares traded or 80.54% up from the average. Brinker International, Inc. (NYSE:EAT) has risen 42.75% since October 14, 2017 and is uptrending. It has outperformed by 27.13% the S&P500.

Brinker International, Inc. (NYSE:EAT) Ratings Coverage

Among 9 analysts covering Brinker International (NYSE:EAT), 2 have Buy rating, 3 Sell and 4 Hold. Therefore 22% are positive. Brinker International had 13 analyst reports since April 18, 2018 according to SRatingsIntel. The stock of Brinker International, Inc. (NYSE:EAT) has “Underweight” rating given on Wednesday, August 15 by Morgan Stanley. Morgan Stanley maintained Brinker International, Inc. (NYSE:EAT) rating on Monday, July 16. Morgan Stanley has “Underweight” rating and $37 target. The stock of Brinker International, Inc. (NYSE:EAT) has “Underperform” rating given on Thursday, August 2 by Bank of America. As per Wednesday, July 18, the company rating was maintained by Barclays Capital. The company was maintained on Wednesday, August 15 by Canaccord Genuity. The company was maintained on Wednesday, April 18 by Maxim Group. The firm has “Outperform” rating by RBC Capital Markets given on Friday, April 27. Canaccord Genuity maintained Brinker International, Inc. (NYSE:EAT) on Thursday, April 19 with “Hold” rating. The stock of Brinker International, Inc. (NYSE:EAT) earned “Underperform” rating by BMO Capital Markets on Monday, September 24. The firm has “Market Perform” rating given on Monday, August 13 by Wells Fargo.

Brinker International, Inc., together with its subsidiaries, owns, develops, operates, and franchises casual dining restaurants worldwide. The company has market cap of $1.75 billion. 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. It has a 16.6 P/E ratio.

Another recent and important Brinker International, Inc. (NYSE:EAT) news was published by Seekingalpha.com which published an article titled: “A Dividend 3 Pack” on September 18, 2018.

Brinker International, Inc. (NYSE:EAT) Institutional Positions Chart

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