Brinker International (EAT) Receiving Somewhat Positive News Coverage, Accern Reports

News coverage about Brinker International (NYSE:EAT) has trended somewhat positive this week, according to Accern. Accern scores the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Brinker International earned a daily sentiment score of 0.19 on Accern’s scale. Accern also gave news articles about the restaurant operator an impact score of 46.8994621822499 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

EAT has been the subject of several research reports. Zacks Investment Research lowered Brinker International from a “hold” rating to a “sell” rating in a report on Tuesday, January 2nd. Maxim Group reissued a “buy” rating and set a $49.00 price objective on shares of Brinker International in a report on Thursday, November 2nd. ValuEngine lowered Brinker International from a “buy” rating to a “hold” rating in a report on Sunday, December 31st. Canaccord Genuity reissued a “hold” rating and set a $40.00 price objective on shares of Brinker International in a report on Thursday, December 21st. Finally, Royal Bank of Canada reissued a “hold” rating and set a $39.00 price objective on shares of Brinker International in a report on Wednesday, January 24th. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and five have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $41.08.

Brinker International (NYSE EAT) opened at $32.88 on Friday. Brinker International has a twelve month low of $29.50 and a twelve month high of $45.81. The company has a debt-to-equity ratio of -2.47, a current ratio of 0.43 and a quick ratio of 0.38. The company has a market capitalization of $1,523.89, a price-to-earnings ratio of 12.55, a PEG ratio of 0.71 and a beta of 0.12.

Brinker International (NYSE:EAT) last posted its quarterly earnings results on Tuesday, January 30th. The restaurant operator reported $0.87 EPS for the quarter, topping the Zacks’ consensus estimate of $0.72 by $0.15. Brinker International had a negative return on equity of 30.98% and a net margin of 4.10%. The firm had revenue of $766.40 million during the quarter, compared to analyst estimates of $773.84 million. During the same period last year, the company earned $0.71 earnings per share. The business’s revenue for the quarter was down .6% on a year-over-year basis. research analysts anticipate that Brinker International will post 3.43 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 29th. Stockholders of record on Friday, March 9th will be issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 4.62%. The ex-dividend date of this dividend is Thursday, March 8th. Brinker International’s payout ratio is currently 58.02%.

In other news, Director Andres Tinajero sold 200,000 shares of the firm’s stock in a transaction on Thursday, January 18th. The stock was sold at an average price of $0.57, for a total value of $114,000.00. Also, VP Michaela M. Ware sold 830 shares of the firm’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $34.08, for a total value of $28,286.40. Following the completion of the transaction, the vice president now directly owns 8,181 shares of the company’s stock, valued at $278,808.48. The disclosure for this sale can be found here. Insiders sold 234,513 shares of company stock valued at $1,418,198 over the last ninety days. Corporate insiders own 1.91% of the company’s stock.

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Brinker International Company Profile

Brinker International, Inc is engaged in the ownership, operation, development, and franchising of the Chili’s Grill & Bar (Chili’s) and Maggiano’s Little Italy (Maggiano’s) restaurant brands. The Company’s Chili’s operates Bar & Grill category of casual dining. Chili’s menu features authentic Fresh Mex and Fresh Tex cuisine, including signature items, such as Baby Back Ribs smoked in-house, Hand-Crafted Burgers served with house-made garlic dill pickles, Mix and Match Fajitas, Tableside Guacamole and house-made Chips and Salsa.

Insider Buying and Selling by Quarter for Brinker International (NYSE:EAT)

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