Looking for Value? Why It Might Be Time to Try Brinker International (EAT)
Value investing is always a very popular
strategy, and for good reason. After all, who doesn’t want to find
stocks that have low PEs, solid outlooks, and decent
dividends?
Fortunately for investors looking for this combination, we have
identified a strong candidate which may be an impressive value;
Brinker International, Inc. EAT.
Brinker International in Focus
EAT may be an interesting play thanks to its forward PE of 11.8,
its P/S ratio of 0.5, and its decent dividend yield of 3.3%. These
factors suggest that Brinker International is a pretty good value
pick, as investors have to pay a relatively low level for each
dollar of earnings, and that EAT has decent revenue metrics to back
up its earnings.
Brinker International, Inc. PE Ratio (TTM)
Brinker International, Inc. PE Ratio (TTM) | Brinker International, Inc. Quote
But before you think that Brinker International
is just a pure value play, it is important to note that it has been
seeing solid activity on the earnings estimate front as well. For
current year earnings, the consensus has gone up by 2.1% in the
past 30days, thanks to seven upward revisions in the past one month
compared to none lower.
This estimate strength is actually enough to push EAT to a Zacks
Rank #2 (Buy), suggesting it is poised to outperform. You can see
the complete list of today’s Zacks #1 Rank (Strong Buy)
stocks here.
So really, Brinker International is looking great from a number of
angles thanks to its PE below 20, a P/S ratio below one, and a
strong Zacks Rank, meaning that this company could be a great
choice for value investors at this time.
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Brinker International, Inc.
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