Texas Roadhouse (NASDAQ:TXRH) Price Target Raised to $195.00

Texas Roadhouse (NASDAQ:TXRH) had its price target hoisted by research analysts at Citigroup from $189.00 to $195.00 in a research report issued on Friday, Benzinga reports. The brokerage currently has a “neutral” rating on the restaurant operator’s stock. Citigroup‘s price objective would suggest a potential upside of 6.05% from the company’s previous close.

TXRH has been the subject of a number of other reports. BMO Capital Markets reissued a “market perform” rating and set a $190.00 target price on shares of Texas Roadhouse in a research note on Friday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $235.00 price target on shares of Texas Roadhouse in a research note on Monday, August 3rd. Seaport Research Partners assumed coverage on shares of Texas Roadhouse in a report on Wednesday, September 16th. They issued a “buy” rating and a $195.00 price target for the company. Robert W. Baird upgraded shares of Texas Roadhouse to a “strong-buy” rating in a report on Monday, August 24th. Finally, UBS Group increased their price objective on shares of Texas Roadhouse from $210.00 to $235.00 and gave the stock a “buy” rating in a research report on Monday, August 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Texas Roadhouse presently has an average rating of “Moderate Buy” and an average price target of $208.04.

Texas Roadhouse Trading Down 4.1%

Shares of Texas Roadhouse stock traded down $7.91 during trading hours on Friday, hitting $183.88. The company’s stock had a trading volume of 1,867,609 shares, compared to its average volume of 1,091,587. The company has a market capitalization of $12.07 billion, a PE ratio of 29.42, a price-to-earnings-growth ratio of 2.13 and a beta of 0.81. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.46 and a quick ratio of 0.39. The stock has a 50 day moving average of $173.05 and a 200 day moving average of $179.11. Texas Roadhouse has a 12 month low of $153.82 and a 12 month high of $216.30.

Texas Roadhouse (NASDAQ:TXRH) last released its quarterly earnings data on Thursday, November 5th. The restaurant operator reported $1.36 earnings per share for the quarter, missing the consensus estimate of $1.46 by ($0.10). Texas Roadhouse had a net margin of 6.63% and a return on equity of 27.20%. The business had revenue of $1.57 billion for the quarter, compared to the consensus estimate of $1.58 billion. During the same quarter last year, the firm earned $1.25 EPS. The company’s revenue for the quarter was up 9.5% on a year-over-year basis. Analysts predict that Texas Roadhouse will post 6.48 earnings per share for the current year.

Insider Buying and Selling at Texas Roadhouse

In related news, Director Gregory Moore sold 3,000 shares of Texas Roadhouse stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $208.32, for a total value of $624,960.00. Following the sale, the director owned 26,900 shares of the company’s stock, valued at approximately $5,603,808. This trade represents a 10.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Gerald Morgan sold 15,000 shares of the business’s stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $202.17, for a total value of $3,032,550.00. Following the completion of the sale, the chief executive officer owned 80,970 shares in the company, valued at $16,369,704.90. The trade was a 15.63% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 19,970 shares of company stock valued at $4,061,808 in the last 90 days. 0.50% of the stock is currently owned by corporate insiders.

Institutional Trading of Texas Roadhouse

A number of institutional investors have recently made changes to their positions in the business. Eurizon Capital SGR S.p.A. lifted its stake in shares of Texas Roadhouse by 38.1% during the 3rd quarter. Eurizon Capital SGR S.p.A. now owns 975 shares of the restaurant operator’s stock worth $154,000 after buying an additional 269 shares during the last quarter. R Squared Ltd acquired a new position in Texas Roadhouse in the 3rd quarter valued at about $414,000. Machina Capital S.A.S. acquired a new position in Texas Roadhouse in the 3rd quarter valued at about $643,000. Bahl & Gaynor LLC grew its stake in Texas Roadhouse by 2.7% in the 3rd quarter. Bahl & Gaynor LLC now owns 346,038 shares of the restaurant operator’s stock valued at $54,100,000 after buying an additional 9,095 shares during the last quarter. Finally, Lido Advisors LLC raised its holdings in Texas Roadhouse by 0.8% in the 3rd quarter. Lido Advisors LLC now owns 7,528 shares of the restaurant operator’s stock valued at $1,177,000 after acquiring an additional 59 shares during the period. Institutional investors own 94.82% of the company’s stock.

Texas Roadhouse News Roundup

Here are the key news stories impacting Texas Roadhouse this week:

• Positive Sentiment: Bank of America raised its price target to $227 from $225 and maintained a Buy rating; TD Cowen lifted its target to $213 from $195 and also rated the shares Buy. Bank of America analyst coverage
• Positive Sentiment: The company declared a quarterly dividend of $0.75 per share, equivalent to $3.00 annually and a yield of about 1.6%. Third-quarter results and dividend announcement
• Neutral Sentiment: Texas Roadhouse reported 4.3% same-store sales growth and 9.5% revenue growth year over year, though traffic was softer. Long-term investor takeaways
• Neutral Sentiment: RBC, Wells Fargo and Morgan Stanley lowered their price targets, but retained Outperform, Overweight and Buy ratings, respectively—signaling continued optimism alongside more cautious expectations.
• Negative Sentiment: Third-quarter EPS of $1.36 missed the $1.46 consensus, while revenue of $1.57 billion was slightly below the $1.58 billion estimate. The earnings shortfall and softer traffic are likely weighing on the shares. Third-quarter earnings report

About Texas Roadhouse

Texas Roadhouse, Inc (NASDAQ: TXRH) operates full-service casual dining restaurants under the Texas Roadhouse, Bubba’s 33 and Jaggers brands. Its restaurants serve made-from-scratch meals centered on hand-cut steaks, ribs, chicken, seafood, burgers and other American-style dishes, along with freshly baked rolls and a selection of beverages.

Founded in 1993, Texas Roadhouse began with its first restaurant in Clarksville, Indiana. The company’s restaurant network includes company-owned and franchised locations across the United States, as well as international locations.