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

In the past three months, 14 analysts have rated Texas Roadhouse (NASDAQ:TXRH), with a mix of bullish and indifferent sentiments. The average 12-month price target has increased by 4.38% to $183.93. Analysts have adjusted their ratings and price targets, reflecting positive financial performance, including a 14.51% revenue growth rate and strong profitability metrics.

Portfolio Pulse from Benzinga Insights

September 24, 2024 | 7:01 pm

Wedbush analyst Nick Setyan has reiterated an Outperform rating for Texas Roadhouse (NASDAQ:TXRH) and maintained a price target of $190.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 6:05 pm

Hotel, restaurant, and leisure stocks are seeing a rise in share prices following the Federal Reserve's decision to cut interest rates, which is expected to enhance consumer spending.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 7:36 pm

The article highlights unusual options activity in the Consumer Discretionary sector, focusing on large trades by 'whales' in companies like TSLA, AMZN, BABA, PDD, RIVN, VFS, H, ETSY, ANF, and TXRH. These trades indicate varying market sentiments, with some bullish and others bearish.

Portfolio Pulse from Benzinga Insights

September 06, 2024 | 5:35 pm

Shares of hotel, restaurant, and leisure companies are trading lower amid overall market weakness on US economic concerns.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 3:03 pm

Shares of hotel, restaurant, and leisure companies are trading lower due to overall market weakness following weak US data.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 6:27 pm

Texas Roadhouse (NYSE:TXRH) has seen a 4.76% increase in its short percent of float, now at 2.64%. This indicates a rise in bearish sentiment, although it remains below the peer group average of 10.37%.

Portfolio Pulse from Benzinga Insights

July 30, 2024 | 7:00 pm

JP Morgan analyst John Ivankoe maintains a Neutral rating on Texas Roadhouse (NASDAQ:TXRH) but lowers the price target from $184 to $180.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 3:02 pm

Top Wall Street analysts have updated their outlooks on several major stocks. Notable changes include Deutsche Bank upgrading Northrop Grumman (NOC) and increasing its price target, Piper Sandler downgrading Charles Schwab (SCHW) and cutting its price target, and Pivotal Research boosting Charter Communications' (CHTR) price target. Other companies with updated price targets include Texas Roadhouse (TXRH), Cognex (CGNX), Longeveron (LGVN), Data I/O (DAIO), The Trade Desk (TTD), argenx (ARGX), and Monolithic Power Systems (MPWR).

Portfolio Pulse from Avi Kapoor

July 29, 2024 | 11:34 am

Stephens & Co. analyst Jim Salera maintains an Equal-Weight rating on Texas Roadhouse (NASDAQ:TXRH) and raises the price target from $170 to $176.

Portfolio Pulse from Benzinga Newsdesk

July 29, 2024 | 9:58 am

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