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Here is Why Growth Investors Should Buy Brinker International (EAT) Now
Brinker InternationalBrinker International(US:EAT) ZACKSยท2024-07-12 17:46

Core Viewpoint - Brinker International (EAT) is identified as a strong growth stock due to its favorable growth metrics and positive earnings estimate revisions, making it an attractive option for growth investors [2][6][7]. Earnings Growth - The historical EPS growth rate for Brinker International is 4.4%, but projected EPS growth for this year is expected to be 12.3%, significantly outperforming the industry average of 5% [10]. Asset Utilization - Brinker International has an impressive sales-to-total-assets (S/TA) ratio of 1.72, indicating that the company generates $1.72 in sales for every dollar in assets, compared to the industry average of 0.97, showcasing higher efficiency [4][11]. Sales Growth - The company's sales are projected to grow by 3.1% this year, which is above the industry average growth rate of 2.7% [12]. Earnings Estimate Revisions - Current-year earnings estimates for Brinker International have been revised upward, with the Zacks Consensus Estimate increasing by 1.9% over the past month, indicating positive momentum [5][13]. Overall Assessment - Brinker International has earned a Growth Score of A and holds a Zacks Rank 1, suggesting it is a potential outperformer and a solid choice for growth investors [6][7].