Shares of the operator of restaurant chains Chili's Grill & Bar and Maggiano's Little Italy have depreciated by 9.88% over the course of the past month, underperforming the Retail-Wholesale sector's loss of 1.16% and the S&P 500's gain of 1.96%. The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus ...

DALLAS, July 22, 2024 /PRNewswire/ -- Brinker International, Inc. (NYSE: EAT) has scheduled its earnings conference call at 10 a.m. Eastern Time on Wednesday, August 14, 2024, to review fourth quarter fiscal 2024 earnings, which will be announced before the market opens on August 14, 2024. The company may also provide other business updates. The live audio webcast can be accessed through Brinker's investor relations website at https://investors.brinker.com/events/event-details/q4-2024-brinker-international- ...

Investors should note, however, that a negative Earnings ESP reading is not indicative of an earnings miss, but a negative value does reduce the predictive power of this metric. For the last reported quarter, Brinker International came out with earnings of $1.24 per share versus the Zacks Consensus Estimate of $1.15 per share, representing a surprise of 7.83%. For the previous quarter, the company was expected to post earnings of $0.94 per share and it actually produced earnings of $0.99 per share, deliveri ...

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions. The most recent trading session ended with Brinker International (EAT) standing at $66.50, reflecting a +1.96% shift from the previouse t ...

The price trend for Brinker International (EAT) has been bearish lately and the stock has lost 8.2% over the past two weeks. However, the formation of a hammer chart pattern in its last trading session indicates that the stock could witness a trend reversal soon, as bulls might have gained significant control over the price to help it find support. While the formation of a hammer pattern is a technical indication of nearing a bottom with potential exhaustion of selling pressure, rising optimism among Wall S ...

We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. Usually, a stock is considered oversold when its RSI reading falls below 30. Technically, every stock oscillates between being overbought and oversold irrespective of the quality of their fundamentals. And the beauty of RSI is that it helps you quickly and e ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. However, it isn't easy to find a great growth stock. That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. Our proprietary system currently recommends Brinker International (EAT) as one su ...

There is a better way, though. Look for stocks that are discounted relative to the market in terms of price, free cash flow (FCF) and earnings growth potential. They will indicate that, although the market is downgrading their value, the company still has the wherewithal to come back strong. Discount retailer Target (NYSE:TGT) is the country's sixth-largest retailer. Not being atop the heap means those above it apply considerable competitive pressure. After rebounding from missteps a decade ago, the mass me ...

Kinross Gold Corporation (KGC) : This gold mining company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.1% over the last 60 days. Zai Lab Limited (ZLAB) : This biopharmaceutical company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.6% over the last 60 days. Brinker International, Inc. (EAT) : This casual dining restaurant company has a Zacks Rank #1 and witnessed the Zacks Consensus Estim ...

Staying true to its commitment to quality, Maggiano's is improving ingredients in key recipes, sourcing trusted products from high-quality purveyors. From vine-ripened tomatoes cultivated exclusively for Maggiano's marinara sauce to the carefully selected heavy cream and Asiago cheese that create the rich, velvety flavor of the Alfredo sauce, this emphasis on premium ingredients reflects Maggiano's enduring dedication to taste and quality. This long-held standard of quality is also reflected in Maggiano's t ...