One of the most dreaded feelings for an investor is when the stock they just bought is overvalued, or they missed out on an undervalued opportunity by not acting fast enough.

But what if you had the insights to effectively evaluate a company like Brinker International, Inc. before investing? Investing requires a certain perspective to avoid being overly confident in a company or worried about cyclical changes. A smart way to take the guesswork out of knowing when to buy or sell Brinker International, Inc.’s stock is to have the right tools and resources as well as a clear monitoring process.

In this article, we go over a few key elements for understanding Brinker International, Inc.’s stock price such as:

• Current stock price and volume
• Stock price history
• Upgrades and downgrades from analysts
• Stock price momentum as measured by its relative strength

About Brinker International, Inc. (EAT)

Before we jump into Brinker International, Inc.’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Brinker International, Inc. is a casual dining restaurant company. The Company owns, develops, operates and franchises the Chilis Grill & Bar (Chilis) and Maggianos Little Italy (Maggianos) restaurant brands, as well as a virtual brand, Its Just Wings. The Company operates through two segments: Chili’s and Maggiano’s. The Chili’s segment includes the Company-owned Chili’s restaurants, which are principally located in the United States, within the full-service casual dining segment of the industry. The Chili’s segment also has Company-owned restaurants in Canada, and franchised locations in the United States, other countries and two United States territories. The Maggiano’s segment includes the Company-owned Maggiano’s restaurants in the United States as well as its domestic franchise business. The Company owns, operates or franchises approximately 1,600 restaurants in approximately 29 countries and two United States territories.

Want to learn more about Brinker International, Inc.’s stock? Click the button below to subscribe to A+ Investor and get access to everything you need to know about Brinker International, Inc.. The AAII Stock Evaluator puts a company’s grades, charts, news, financials, valuation, ratios, filings and more at your fingertips.

Brinker International, Inc.’s Stock Price as of Market Close

As of September 05, 2023, 4:00 PM CST, Brinker International, Inc.’s stock price was $31.35.

Brinker International, Inc. is down 4.04% from its previous closing price of $32.67.

During the last market session, Brinker International, Inc.’s stock traded between $32.19 and $33.10. Currently, there are 44.40 million shares of Brinker International, Inc. stock available for purchase.

Brinker International, Inc.’s price-earnings (P/E) ratio is currently at 14.5, which is low compared to the Restaurants & Bars industry median of 19.4. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Brinker International, Inc. Stock Price History

Brinker International, Inc.’s (EAT) price is currently down 4.22% so far this month.

During the month of September, Brinker International, Inc.’s stock price has reached a high of $33.10 and a low of $31.05.

Over the last year, Brinker International, Inc. has hit prices as high as $42.12 and as low as $23.94. Year to date, Brinker International, Inc.’s stock is down 14.32%.

Sign Up to Receive a Free Special Report Showing How A+ Grades Can Help You Make Smarter Investment Decisions

What Caused Brinker International, Inc. Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 01, 2023, there were 6 analysts who downgraded Brinker International, Inc.’s stock and 7 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Brinker International, Inc.’s financial health and valuation. It is possible for a stock to appear cheap based on one valuation metric but appear expensive on another. It is also possible for one valuation ratio to be associated with outperforming stocks during certain periods of time but not others.

Therefore, AAII developed a composite valuation to help resolve such issues. AAII’s Value Grade analyzes six distinct variables: price-to-sales (P/S) ratio, price-earnings (P/E) ratio, the ratio of enterprise value to earnings before interest, taxes, depreciation and amortization (EV/EBITDA), shareholder yield, price-to-book-value (P/B) ratio and price-to-free-cash-flow (P/FCF) ratio.

Brinker International, Inc.’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Brinker International, Inc. (EAT) by visiting AAII Stock Evaluator.

Relative Price Strength of Brinker International, Inc.

Relative price strength addresses the relationship between a stock price’s trend and the price trend of the market. This ratio is expressed as a percentage and helps investors understand a company’s momentum as well as its value. You can use relative price strength to select investments that have been outperforming the market or a specific benchmark.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. The weighted four-quarter relative price strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40%, and each of the three previous quarters are given a weighting of 20%.

As of September 01, 2023, Brinker International, Inc. has a weighted four-quarter relative price strength of -0.29%, which translates to a Momentum Score of 64 and is considered to be Strong.

Want to learn more about how Brinker International, Inc. is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

Brinker International, Inc. Stock Price: Bottom Line

As of September 5, 2023, Brinker International, Inc.’s stock price is $31.35, which is down 4.04% from its previous closing price.

At AAII, we stress that investors should never buy or sell a stock solely based on its stock price. Past returns do not guarantee future performance. Therefore, you should consider multiple ratios, fundamentals and analytics before making a decision. Whether you decide it’s a good time to buy or sell Brinker International, Inc.’s stock based on its stock price forecast is ultimately up to you.

It’s important to understand that stock prices are driven by a variety of factors, but ultimately the price at any given moment is due to the supply and demand in the market. Stock price overviews, like the one you just read, only give you a small snapshot of a company’s performance, value and momentum.

By becoming an A+ Investor subscriber, you will have full access to analytics, grades, stock screens, commentary and more so you can invest with confidence.