Brinker International Stock Hits New 52-Week High (EAT)

NEW YORK ( TheStreet) -- Brinker International (NYSE: EAT) hit a new 52-week high Thursday as it is currently trading at $34.26, above its previous 52-week high of $33.98 with 882,309 shares traded as of 10 a.m. ET. Average volume has been 1.3 million shares over the past 30 days.

Brinker International has a market cap of $2.43 billion and is part of the services sector and leisure industry. Shares are up 20.6% year to date as of the close of trading on Wednesday.

Brinker International, Inc. owns, develops, operates, and franchises various restaurant brands primarily in the United States. It operates the restaurants under the Chili's Grill & Bar and Maggiano's Little Italy brand names. The company has a P/E ratio of 20, above the average leisure industry P/E ratio of 18.3 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Brinker International as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full Brinker International Ratings Report.

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