When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Brinker International (EAT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Brinker International is rated a "buy" with a $188 price target, supported by strong Chili's performance and expected macro tailwinds. EAT has outperformed peers, with Chili's comparable sales up 21.4% and operating margins rising 270 bps to 16.2%. Despite sector headwinds, EAT maintains robust free cash flow, low leverage (
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Brinker International (EAT) reached $149.48 at the closing of the latest trading day, reflecting a -1.35% change compared to its last close.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
EAT's Chili's posted 13% traffic growth, beating the industry again - management says gains are structural, driven by everyday value and repeat guests.
Brinker International (EAT) could produce exceptional returns because of its solid growth attributes.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.