Brinker International, Inc. (EAT) concluded trading on Thursday at a closing price of $45.30, with 2.84 million shares of worth about $128.79 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 34.62% during that period and on April 18, 2024 the price saw a gain of about 2.79%. Currently the company’s common shares owned by public are about 44.60M shares, out of which, 43.51M shares are available for trading.
However, the stock later moved at a day high price of 47.03, or with a gain of 2.79%. Stock saw a price change of -2.89% in past 5 days and over the past one month there was a price change of -3.08%. Year-to-date (YTD), EAT shares are showing a performance of 4.91% which increased to 18.52% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $28.23 but also hit the highest price of $51.72 during that period. The average intraday trading volume for Brinker International, Inc. shares is 1.31 million. The stock is currently trading -4.09% below its 20-day simple moving average (SMA20), while that difference is down -3.05% for SMA50 and it goes to 16.40% higher than SMA200.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Brinker International, Inc. (NYSE: EAT) currently have 44.60M outstanding shares and institutions hold larger chunk of about 103.70% of that.
The stock has a current market capitalization of $2.00B and its 3Y-monthly beta is at 2.49. PE ratio of stock for trailing 12 months is 13.26, while it has posted earnings per share of $3.42 in the same period. Its PEG reads 0.81 and has Quick Ratio of 0.21. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for EAT, volatility over the week remained 4.08% while standing at 3.77% over the month.
Stock’s fiscal year EPS is expected to rise by 30.11% while it is estimated to increase by 11.06% in next year. EPS is likely to grow at an annualized rate of 16.45% for next 5-years, compared to annual growth of -3.47% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Gordon Haskett on January 16, 2024 offering a Buy rating for the stock and assigned a target price of $48 to it. Coverage by Morgan Stanley stated Brinker International, Inc. (EAT) stock as an Underweight in their note to investors on January 16, 2024, suggesting a price target of $36 for the stock. On October 18, 2023, Raymond James Upgrade their recommendations, while on September 29, 2023, Stifel Upgrade their ratings for the stock with a price target of $45. Stock get a Neutral rating from Piper Sandler on July 18, 2023.
