Brinker International (EAT)
Brinker International (EAT), operator of Chili’s and Maggianos Little Italy, has bucked the downtrend in casual dining to scratch out respectable profit and sales growth, but now the stock is starting to look a bit pricey.
EAT stock is up 14% so far this year and 56% over the last 52 weeks. That has EAT stock trading at a whopping 30% premium to its own five-year average by forward price-to-earnings, according to Thomson Reuters Stock Reports. EAT stock also trades at an 11% premium to its five-year average on a trailing earnings basis, and by nearly 5% when looking at price-earnings-to-growth. Price-to-sales figures are also flashing warnings signs, as the current ratio of 17.6 is well above the five-year average of 13.5.
Like DNKN stock, EAT stock has plenty of people betting on a fall, as nearly 5% of the float is sold short.