EAT Surges 69% in 3 Months: Is the Stock Still Attractive?

Brinker International (EAT) has surged 69.4% over three months as its Chili's brand demonstrates strong turnaround momentum with 6% comparable-sales growth, 1.5% traffic increases, and successful menu innovations like the Big Crispy Chicken Sandwich. The company projects fiscal 2027 EPS of $12.60-$13.40 supported by margin expansion, restaurant reimaging, and new-unit growth. Despite strong performance, EAT trades at a reasonable 17.32X forward P/E, below industry averages and comparable restaurant peers.