Evercore ISI Group has upgraded Brinker International Inc (EAT) to Outperform from In-Line, signaling a more optimistic outlook on the company’s future. This upgrade reflects a shift in analyst sentiment, possibly due to improved fundamentals or better-than-expected business performance.
Brinker International, headquartered in Dallas, Texas, operates and franchises over 1,600 restaurants, including the popular Chili's Grill & Bar and Maggiano's Little Italy brands. With a market capitalization of $5.7 billion, the company reported a trailing twelve-month price-to-earnings ratio of 17.47 and earnings per share of 7.09.
Upcoming earnings reports are on the horizon, with estimates of $2.98 per share on revenues of $1.5 billion expected on August 11, 2026, and $2.92 per share on the same revenue figure anticipated on April 27, 2026.
Analyst ratings, such as this upgrade, provide valuable insights, yet they should be considered alongside company fundamentals, competitive positioning, and individual financial objectives. As analyst opinions can vary and change over time, they serve as just one component in the investment decision-making process.