Brinker International Inc. (NYSE: EAT) has reported E.P.S. of $0.86 for its first fiscal quarter (ending September 30) versus $0.16 for the same period a year ago — an increase of 438%. For the latest four quarters through September 30, E.P.S. were $4.19 compared to $3.16 a year ago — an increase of 33%.
Recent Price Action
Brinker International Inc. (NYSE: EAT) stock closed at $104.25 on 10/30/24 after a very large increase of 7.5%. Moreover, exceptionally high trading volume at 245% of normal accompanied the advance. The stock has risen 12.2% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be below the cost of capital, EAT is expected to be a major Value Eraser.
Brinker International has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Brinker International has a very high Power Rating of 88 and a very high Appreciation Score of 89, producing the Highest Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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