Is Brinker International Stock a Buy?

Casual dining restaurant operator Brinker International (NYSE: EAT) took the COVID-19 shutdown orders on the chin. The company canceled its full-year guidance projections, drew down all of its available revolving debt to stabilize the balance sheet, and buckled up for a wild ride. The stock fell as much as 82% year to date in March before recovering to a 36% drop in mid-June. By comparison, the S&P 500 market barometer is trading just 6% lower in 2020.

Is the company behind the well-known restaurant chains Chili's and Maggiano's Little Italy a good buy at these historically low prices? Let's have a look.

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Source Fool.com