Brinker International Inc. (EAT): Consumer Cyclical sector is gaining shares

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Brinker International Inc. (NYSE:EAT) changes shares on Friday trading session, with a change of 8.20% or $1.97 shares. The trading starts at $25.69 and closed at $24.02 throughout the day. The trading session low price was $23.785 and day high was $26.12 on Friday, June 12. After the session, the Consumer Cyclical sector daily volume shifted to 2.58 million while its average volume is 3.68M. In other hand, the EAT market cap reached to $1.08B. While, its current target price is $25.99 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -9.98% and up 37.44% for month. Its quarterly performance was 51.46% above, while its half year performance is down -36.72%. EAT yearly performance stood at negative -35.27% and fall -38.12% for year-to-date. Current recommendation for Brinker International Inc. is 2.60.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. EAT EPS (TTM) for 12-month is 3.15. EPS for this year is 36.70%, while for the next year its value is 1.38. Its EPS Q/Q reached -37.70%. It has an EPS of 11.90% up for past five years and for the next five years will be down -10.59%.

Vanguard Group, Inc. (The), Blackrock Inc. and Lsv Asset Management are the top three holders in Brinker International Inc. (EAT) stock. On Mar 30, 2020, Vanguard Group, Inc. (The) has 5.64 million shares which valued 67.72 million. On Mar 30, 2020, Blackrock Inc. owned 4.38 million shares which valued at 52.63 million. On Mar 30, 2020, Lsv Asset Management has a total of 2.68 million shares which valued at 32.17 million. In the end, Lsv Asset Management have 5.96% shares outstanding of Brinker International Inc. (EAT) on Mar 30, 2020. The insider ownership moved to 1.00% and institutional holding shifted to 82.00%.

The company posted an EPS (TTM) of 3.15. According to the most recent quarter report on (Jun 2020), 21 analysts estimated an average EPS of -1.51, while 1.36 EPS posted a year ago period. Analyst Estimated EPS for EAT published in the report was -3.15–0.27 during the same period. Comparing with last year, the average estimated EPS was 1.36 which is higher than 1.28 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for EAT fall -24.27% for period of 200 days. SMA for 50 days was 26.47% which is showing green signal, while SMA-20 was 0.97%. The moving average value for Brinker International Inc. (EAT) is 30.19 and 23.83 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in EAT stock. On Mar 11, Baltes Kelly C., EVP, President of Maggiano’s, bought 1,000 trading shares at the cost of $21.59, which valued at 21590.0. On Mar 09, Baltes Kelly C., EVP, President of Maggiano’s, bought 1,000 shares at the cost of $25.29, with total shares of 6,500. On Mar 06, Baltes Kelly C., EVP, President of Maggiano’s, bought 500 shares at the cost of 29.20. After this transaction, Baltes Kelly C. total shares reached to 5,500 which valued at 14600.0.