Bank of America just raised its EUR/USD forecast
In a recent stock transaction, Douglas N. Comings, Senior Vice President and Chief Operating Officer of Chili’s, a part of Brinker International Inc . (NYSE:EAT), sold shares worth approximately $2.06 million. The sale, which took place on February 13, involved 12,931 shares of common stock at an average price of $159.57 per share. The transaction comes as Brinker’s stock has shown remarkable performance, with a 253% return over the past year and the company maintaining a GREAT financial health score according to InvestingPro analysis.
In addition to the sale, Comings executed stock options, acquiring 9,150 shares at prices ranging from $38.51 to $43.35, totaling approximately $361,785. Following these transactions, Comings holds 34,383 shares directly. With Brinker’s current market capitalization of $7.38 billion and a P/E ratio of 28, InvestingPro analysis indicates the stock is currently trading above its Fair Value.
These transactions were disclosed in a Form 4 filing with the Securities and Exchange Commission (SEC), providing insight into the stock activities of company insiders. For comprehensive analysis and additional insights, investors can access the detailed Pro Research Report available on InvestingPro, which covers over 1,400 US stocks including Brinker International.
In other recent news, Brinker International has been the focus of several analyst firms following its robust financial performance. Stifel analysts have revised their price target for Brinker International to $200, citing the company’s successful turnaround efforts that have significantly enhanced the customer experience and perception of the Chili’s brand.
Similarly, BMO Capital Markets raised its price target from $125.00 to $150.00 following Brinker’s announcement of its second-quarter earnings for fiscal year 2025, which surpassed estimates with earnings per share (EPS) of $2.80. Brinker’s financial performance was buoyed by stronger-than-anticipated comparable sales at Chili’s and improved restaurant margins.
In other developments, BofA Securities increased the price target on Brinker International shares to $195, highlighting the benefits of the company’s turnaround efforts. Meanwhile, JPMorgan revised its price target to $160, acknowledging the strong performance of the Chili’s brand in the second quarter of 2025 and the continued momentum into the third quarter.
Lastly, Citi raised its price target on Brinker International to $185, recognizing the company’s successful implementation of improved food quality, service, atmosphere, and marketing strategies at Chili’s restaurants. Despite these positive developments, Citi analyst Jon Tower cautioned that the growth story is primarily based on one-year comparable sales, as the company’s unit growth is minimal.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.