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

198.79

Mkt cap

13B

Volume

783K

High

201.24

P/E Ratio

33.78

52-wk high

201.24

Low

196.49

Div yield

0.01

52-wk low

101.73

Wedbush analyst Nick Setyan has reiterated an Outperform rating on Texas Roadhouse (NASDAQ:TXRH) and maintained a price target of $120 for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 3:46 pm

Insiders at Texas Roadhouse, CME Group, Walmart, and Las Vegas Sands have recently sold shares. Texas Roadhouse CEO sold shares after a weak earnings report, while CME Group's insider sold following strong earnings. Walmart's insider sale came after a report of sales growth, and Las Vegas Sands' principal stockholder sold a significant stake following a stock offering announcement.

Portfolio Pulse from Lisa Levin

December 06, 2023 | 12:57 pm

Piper Sandler analyst Brian Mullan downgraded Texas Roadhouse Inc (NASDAQ:TXRH) to Neutral from Overweight after the stock achieved the $110 price target. The downgrade reflects a balanced risk-reward following TXRH's strong performance since mid-October. The analyst remains cautious about the Full Service restaurant sector for 2024 due to industry challenges. TXRH's Q3 EPS missed estimates, but sales slightly beat forecasts. Shares are currently trading up at $114.13.

Portfolio Pulse from Lekha Gupta

December 01, 2023 | 7:51 pm

Within the last quarter, 8 analysts have provided ratings for Texas Roadhouse (NASDAQ:TXRH), with 3 bullish, 1 somewhat bullish, and 4 indifferent. The average 12-month price target is $113.75, with a high of $124.00 and a low of $99.00, representing a 2.66% decrease from the previous target of $116.86. Analysts' ratings are a reflection of their forecasts and beliefs about the stock's future performance.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 7:00 pm

Wedbush analyst Nick Setyan has maintained an Outperform rating on Texas Roadhouse (NASDAQ:TXRH) and increased the price target from $110 to $120.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 2:15 pm

Piper Sandler analyst Brian Mullan has downgraded Texas Roadhouse (TXRH) from Overweight to Neutral and set a price target of $110. This reflects a change in the analyst's outlook on the stock, suggesting a more cautious stance on its future performance.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 11:50 am

Texas Roadhouse (NASDAQ:TXRH) announced a quarterly dividend of 55 cents per share, with the ex-dividend date set for Tuesday. Shareholders must own the stock before this date to be eligible for the dividend, which will be paid on December 26, 2023. The stock is expected to open 55 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 2:45 pm

Five consumer discretionary stocks are considered overbought based on their RSI values, which may signal a potential short-term decline. Newegg Commerce (NEGG) authorized a share repurchase program, Superior Group of Companies (SGC) reported strong Q3 earnings, TAL Education Group (TAL) exceeded quarterly expectations, Texas Roadhouse (TXRH) had weaker Q3 earnings but solid sales growth, and Rover Group (ROVR) posted strong Q3 results and raised FY23 guidance.

Portfolio Pulse from Lisa Levin

November 29, 2023 | 1:16 pm

Truist Securities analyst Jake Bartlett maintains a 'Buy' rating on Texas Roadhouse (NASDAQ:TXRH) but lowers the price target from $129 to $124.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 3:06 pm

Morgan Stanley analyst Brian Harbour has maintained an Equal-Weight rating on Texas Roadhouse (NASDAQ:TXRH) and raised the price target from $106 to $110.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 1:50 pm

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