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Tuesday, January 31, 2023

Is Brinker International Inc. (NYSE: EAT) The Best Stock To Invest In?

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Brinker International Inc. (EAT) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.76, or -2.01%, to $36.98. The Brinker International Inc. has recorded 25,399 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Chili’s celebrates $100 million raised to benefit St. Jude Children’s Research Hospital.


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Stocks Info

Brinker International Inc. is listed on the NYSE in the Consumer Cyclical sector while operating in the Restaurants industry. At the end of the last regular session, the stock closed at $37.74 and fluctuated between $37.84 as its day high and $36.50 as its day low. The current market capitalization of Brinker International Inc. is $1.61B. A total of 0.88 million shares were traded on the day, compared to an average of 937.28K shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, EAT has seen 9 BUY and 2 SELL insider trades, representing the acquisition of 13,146 and the disposition of 1,000 shares. Over the last 12 months, there were 78 BUYs and 30 SELLs from insiders. Insiders purchased 295,463 shares during that period but sold 66,322.

In the most recent transaction, Comings Douglas N. sold 500 shares of EAT for 31.53 per share on Nov 10. After the transaction, the SVP & COO, Chili’s now owns 32,421 company shares. In a previous transaction on Nov 04, Comings Douglas N. sold 500 shares at 30.26 per share. EAT shares that SVP & Co-COO, Chili’s owns now total 32,921.

Among the insiders who sold shares, Badgley Rick disposed of 10,000 shares on Sep 09 at a per-share price of $29.66. This resulted in the EVP & Chief Admin Officer holding 37,441 shares of EAT after the transaction. In another insider transaction, Comings Douglas N. sold 500 shares at $30.91 per share on May 27. Company shares held by the SVP & Co-COO, Chili’s now total 25,659.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. EAT’s most recent ex-dividend date was 3/5/2020 when it declared a $0.38 quarterly dividend that was paid in cash on 3/26/2020. Previously, the company paid the dividend on 12/26/2019 with an ex-dividend date of 12/5/2019. The EAT stock dividend was $0.38 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for EAT in the last 3 months, the mean price target is $32.69 with high estimates of $43.00 and low estimates of $28.00. In terms of 52-week highs and lows, EAT has a high of $44.03 and a low of $21.47.

As of this writing, EAT has an earnings estimate of -$0.61 per share for the current quarter. EPS was calculated based on a consensus of 18 estimates, with a high estimate of -$0.49 per share and a lower estimate of -$0.65. The company reported an EPS of $0.92 in the last quarter, which was -9.80% lower than expectations of $1.02.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 18 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for EAT is Underweight with a score of 3.24. A total of 2 analysts rated the stock as Buy while 1 rated it as Overweight while 13 rated it as Hold. Among the other participants, 1 thought the stock was Underweight and 1 thought it should be Sold.

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