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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Brinker International (NYSE: EAT) hit a new 52-week high Wednesday as it is currently trading at $38.44, above its previous 52-week high of $37.95 with 96,978 shares traded as of 9:36 a.m. ET. Average volume has been 1.6 million shares over the past 30 days.

Brinker International has a market cap of $2.64 billion and is part of the services sector and leisure industry. Shares are up 20.9% year to date as of the close of trading on Tuesday.

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 18.5, above the S&P 500 P/E ratio of 17.7.

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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 growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Brinker International Ratings Report.

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