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Are Investors Undervaluing Brinker International (EAT) Right Now?

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While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.

Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.

Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.

Brinker International (EAT - Free Report) is a stock many investors are watching right now. EAT is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock is trading with P/E ratio of 10.27 right now. For comparison, its industry sports an average P/E of 23.78. Over the last 12 months, EAT's Forward P/E has been as high as 13.91 and as low as 9.10, with a median of 10.71.

We also note that EAT holds a PEG ratio of 1.74. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. EAT's industry has an average PEG of 2.11 right now. Over the past 52 weeks, EAT's PEG has been as high as 1.77 and as low as 1.12, with a median of 1.27.

Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. EAT has a P/S ratio of 0.54. This compares to its industry's average P/S of 0.89.

Finally, our model also underscores that EAT has a P/CF ratio of 5.53. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. EAT's P/CF compares to its industry's average P/CF of 17.07. Over the past year, EAT's P/CF has been as high as 7.52 and as low as 4.69, with a median of 5.49.

These are just a handful of the figures considered in Brinker International's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that EAT is an impressive value stock right now.


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