EAT Stock Summary and Trading Ideas (Brinker International | NYSE:EAT)

Brinker International Inc operates casual dining restaurants under the brand's Chili Grill and Bar (Chili's) and Maggiano's Little Italy (Maggiano's). Chili's falls in the Bar and Grill category of casual dining. Its menu features Fresh Mex and Fresh Tex favorites including signature items such as slow-smoked baby back ribs, craft burgers, fajitas, and bottomless chips and salsa paired with tableside guacamole. Maggiano's is an Italian restaurant brand with a full lunch and dinner menu offering chef-prepared, such as appetizers, chicken, seafood, veal and prime steaks, and desserts. The company generates maximum revenue from Chili's segment.

Brinker International trades on the NYSE stock market under the symbol EAT.

As of December 27, 2024, EAT stock price declined to $131.90 with 342,120 million shares trading.

EAT has a beta of 0.68, meaning it tends to be less sensitive to market movements. EAT has a correlation of 0.04 to the broad based SPY ETF.

EAT has a market cap of $5.90 billion. This is considered a Mid Cap stock.

Last quarter Brinker International reported $1 billion in Revenue and $.95 earnings per share. This beat revenue expectation by $39 million and exceeded earnings estimates by $.27.

In the last 3 years, EAT traded as high as $137.86 and as low as $21.47.

The top ETF exchange traded funds that EAT belongs to (by Net Assets): IJR, VTI, IWM, VB, VBR.

EAT has outperformed the market in the last year with a price return of +197.6% while the SPY ETF gained +25.9%. EAT has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +71.7% and +3.5%, respectively, while the SPY returned +3.7% and -1.8%, respectively.

EAT support price is $133.39 and resistance is $140.83 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EAT shares will trade within this expected range on the day.