Brinker International's Average Brokerage Recommendation Suggests Buy, but Zacks Rank Says Hold

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Summary · why it matters

Wall Street analysts have an average brokerage recommendation of 1.59 for Brinker International, approximating between Strong Buy and Buy, based on 23 brokerage firms. Of those, 15 are Strong Buy and two are Buy, accounting for 65.2% and 8.7% of all recommendations respectively. However, the Zacks Rank for Brinker International is #3 (Hold), driven by an unchanged consensus earnings estimate of $10.75 for the current year over the past month. Zacks Investment Research cautions that brokerage recommendations often carry a positive bias and may not reliably predict stock price movements, whereas the Zacks Rank is based on earnings estimate revisions and has a stronger correlation with near-term price performance.

Impact on assets 1

Consumer Discretionary▲
Brinker International Inc
EAT
± MixedCapitalrelevance

Brokerage recommendations suggest Buy but Zacks Rank says Hold due to unchanged earnings estimates, creating mixed signals.