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The most recent trading session ended with Brinker International (EAT) standing at $157.29, reflecting a -0.78% shift from the previouse trading day's closing. This change lagged the S&P 500's 2.03% gain on the day. Meanwhile, the Dow gained 1.23%, and the Nasdaq, a tech-heavy index, added 2.74%.
The operator of restaurant chains Chili's Grill & Bar and Maggiano's Little Italy's shares have seen an increase of 2.85% over the last month, surpassing the Retail-Wholesale sector's loss of 2.36% and the S&P 500's loss of 5.07%.
Analysts and investors alike will be keeping a close eye on the performance of Brinker International in its upcoming earnings disclosure. The company's earnings report is set to go public on April 29, 2025. The company's earnings per share (EPS) are projected to be $2.48, reflecting a 100% increase from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $1.36 billion, up 21.71% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $8.38 per share and a revenue of $5.24 billion, signifying shifts of +104.39% and +18.61%, respectively, from the last year.
Investors should also pay attention to any latest changes in analyst estimates for Brinker International. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.9% higher. Right now, Brinker International possesses a Zacks Rank of #3 (Hold).
Investors should also note Brinker International's current valuation metrics, including its Forward P/E ratio of 18.93. This signifies a discount in comparison to the average Forward P/E of 21.24 for its industry.
It's also important to note that EAT currently trades at a PEG ratio of 0.5. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. By the end of yesterday's trading, the Retail - Restaurants industry had an average PEG ratio of 2.17.