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

169.79

Mkt cap

11B

Volume

1.2M

High

173.21

P/E Ratio

26.66

52-wk high

206.04

Low

168.49

Div yield

0.01

52-wk low

146.75

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

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

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