Streetbeat News

TXRH

Texas Roadhouse, Inc.

https://www.texasroadhouse.com

Industry

Restaurants

Texas Roadhouse, Inc., together with its subsidiaries, operates casual dining restaurants in the United States and internationally. The company operates and franchises restaurants under the Texas Roadhouse, Bubba's 33, and Jaggers names. As of December 28, 2021, it operated 566 domestic restaurants and 101 franchise restaurants. Texas Roadhouse, Inc. was founded in 1993 and is based in Louisville, Kentucky.

Open

193.72

Mkt cap

13B

Volume

435K

High

194.56

P/E Ratio

33.07

52-wk high

203.32

Low

192.39

Div yield

0.01

52-wk low

110.88

Baird analyst David Tarantino has maintained an Outperform rating on Texas Roadhouse and raised the price target from $190 to $205.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 12:27 pm

Morgan Stanley analyst John Glass maintains an Equal-Weight rating on Texas Roadhouse (NASDAQ:TXRH) and raises the price target from $200 to $205.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 11:44 am

Texas Roadhouse reported Q3 2024 earnings per share of $1.26, missing the analyst estimate of $1.31. Sales were $1.273 billion, slightly below the $1.274 billion estimate, but up 13.46% from last year.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 8:05 pm

B of A Securities has maintained a Buy rating on Texas Roadhouse and increased its price target from $206 to $234, indicating confidence in the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 5:57 pm

In the last three months, 13 analysts have provided ratings for Texas Roadhouse (NASDAQ:TXRH), with a mix of bullish and somewhat bullish sentiments. The average 12-month price target has increased by 4.4% to $188.08. Analysts have raised their price targets, reflecting positive sentiment towards the company's financial performance, including a 14.51% revenue growth rate and strong profitability metrics.

Portfolio Pulse from Benzinga Insights

October 15, 2024 | 4:01 pm

Evercore ISI Group has maintained an 'Outperform' rating on Texas Roadhouse and raised its price target from $195 to $200, indicating a positive outlook for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 1:24 pm

Texas Roadhouse's short interest has decreased by 9.41%, with 2.04 million shares sold short, representing 3.08% of its float. This is lower than its peers' average short interest of 11.10%. The decrease in short interest may indicate a more bullish sentiment towards the stock.

Portfolio Pulse from Benzinga Insights

October 10, 2024 | 6:30 pm

Truist Securities has maintained a Buy rating on Texas Roadhouse and increased the price target from $196 to $202, indicating confidence in the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 2:32 pm

Citigroup analyst Jon Tower maintains a Buy rating on Texas Roadhouse and raises the price target from $192 to $201.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 4:15 pm

Guggenheim analyst Gregory Francfort has maintained a Buy rating on Texas Roadhouse (NASDAQ:TXRH) and raised the price target from $190 to $195.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 5:00 pm

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