Texas Roadhouse (TXRH) Stock Price, News & Analysis

Company Overview

Texas Roadhouse, Inc., together with its subsidiaries, operates casual dining restaurants in the United States and internationally. It also operates and franchises restaurants under the Texas Roadhouse, Bubba's 33, and Jaggers names in 49 states and ten internationally. Texas Roadhouse, Inc. was founded in 1993 and is based in Louisville, Kentucky.

Key Stats

• Today's Range: $192.29 to $193.67
• 50-Day Range: $161.85 to $200.59
• 52-Week Range: $109.86 to $203.32
• Volume: 512,234 shs
• Average Volume: 816,299 shs
• Market Capitalization: $12.90 billion
• P/E Ratio: 33.23
• Dividend Yield: 1.26%
• Price Target: $189.00
• Consensus Rating: Hold

Texas Roadhouse Stock Analysis - MarketRank™

Texas Roadhouse scored higher than 83% of companies evaluated by MarketBeat, and ranked 74th out of 215 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

Texas Roadhouse has received a consensus rating of Hold. The company's average rating score is 2.48, and is based on 11 buy ratings, 12 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Texas Roadhouse has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 12.99%

Earnings Growth

Earnings for Texas Roadhouse are expected to grow by 12.99% in the coming year, from $6.39 to $7.22 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Texas Roadhouse is 33.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.33.

Price to Earnings Ratio vs. Sector

The P/E ratio of Texas Roadhouse is 33.23, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 117.17.

Price to Earnings Growth Ratio

Texas Roadhouse has a PEG Ratio of 1.65. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Texas Roadhouse has a P/B Ratio of 9.75. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.65% of the float of Texas Roadhouse has been sold short.

Short Interest Ratio / Days to Cover

Texas Roadhouse has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Texas Roadhouse has recently decreased by 12.87%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Texas Roadhouse pays a meaningful dividend of 1.26%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Texas Roadhouse does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Texas Roadhouse is 41.92%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Texas Roadhouse will have a dividend payout ratio of 33.80% next year. This indicates that Texas Roadhouse will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.65% of the float of Texas Roadhouse has been sold short.

Short Interest Ratio / Days to Cover

Texas Roadhouse has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Texas Roadhouse has recently decreased by 12.87%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.90

News Sentiment

Texas Roadhouse has a news sentiment score of 0.90. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 21 news articles for Texas Roadhouse this week, compared to 11 articles on an average week.

Search Interest

Only 8 people have searched for TXRH on MarketBeat in the last 30 days. This is a decrease of -47% compared to the previous 30 days.

MarketBeat Follows

24 people have added Texas Roadhouse to their MarketBeat watchlist in the last 30 days. This is an increase of 71% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Texas Roadhouse insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $422,743.00 in company stock.

Percentage Held by Insiders

Only 0.50% of the stock of Texas Roadhouse is held by insiders.

Percentage Held by Institutions

94.82% of the stock of Texas Roadhouse is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TXRH Stock Analysis - Frequently Asked Questions

How have TXRH shares performed this year?

Texas Roadhouse's stock was trading at $122.23 at the beginning of the year. Since then, TXRH shares have increased by 58.2% and is now trading at $193.41.
View the best growth stocks for 2024 here.

How were Texas Roadhouse's earnings last quarter?

Texas Roadhouse, Inc. (NASDAQ:TXRH) announced its quarterly earnings data on Thursday, October, 24th. The restaurant operator reported $1.26 earnings per share for the quarter, missing analysts' consensus estimates of $1.32 by $0.06. Texas Roadhouse's quarterly revenue was up 13.5% on a year-over-year basis.

Does Texas Roadhouse have any subsidiaries?

Texas Roadhouse subsidiaries include these companies: Armadillo, Roadhouse-Creek of NJ, Roadhouse Enterprises, Roadhouse Private Beverage Club of Pelham, SRC of Anne Arundel County, SRC of Kansas, Strategic Restaurant Concepts, and others.

Who are Texas Roadhouse's major shareholders?

Texas Roadhouse's top institutional investors include State Street Corp (2.97%), Geode Capital Management LLC (1.80%), Barclays PLC (1.77%) and Geneva Capital Management LLC (1.38%). Insiders that own company stock include Gerald L Morgan, Gregory N Moore, James R Zarley, S Chris Jacobsen, Hernan E Mujica, Kathy Widmer, Regina A Tobin, Curtis Warfield, Christopher C Colson, Tonya Robinson and Donna E Epps.
View institutional ownership trends.

How do I buy shares of Texas Roadhouse?

Shares of TXRH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Texas Roadhouse own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Texas Roadhouse investors own include NVIDIA (NVDA), Meta Platforms (META), Humana (HUM), American Water Works (AWK), Broadcom (AVGO), TotalEnergies (TTE) and Salesforce (CRM).

Company Calendar

• Ex-Dividend for 9/24 Dividend: 9/04/2024
• Dividend Payable: 9/24/2024
• Last Earnings: 10/24/2024
• Today: 11/20/2024
• Ex-Dividend for 12/31 Dividend: 12/10/2024
• Dividend Payable: 12/31/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/20/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Retail/Wholesale
• Industry: Eating places
• Sub-Industry: Restaurants
• Current Symbol: NASDAQ:TXRH
• CUSIP: 88268110
• CIK: 1289460
• Web: www.texasroadhouse.com
• Phone: (502) 426-9984
• Fax: 502-426-3274
• Employees: 91,000
• Year Founded: 1993

Price Target and Rating

• Average Stock Price Target: $189.00
• High Stock Price Target: $234.00
• Low Stock Price Target: $136.00
• Potential Upside/Downside: -2.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.48
• Research Coverage: 23 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $5.82
• Trailing P/E Ratio: 33.23
• Forward P/E Ratio: 30.27
• P/E Growth: 1.69
• Net Income: $304.88 million
• Net Margins: 7.65%
• Pretax Margin: 9.18%
• Return on Equity: 31.33%
• Return on Assets: 13.69%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.49
• Quick Ratio: 0.43

Sales & Book Value

• Annual Sales: $4.63 billion
• Price / Sales: 2.79
• Cash Flow: $6.70 per share
• Price / Cash Flow: 28.87
• Book Value: $17.33 per share
• Price / Book: 11.16

Miscellaneous

• Outstanding Shares: 66,710,000
• Free Float: 66,380,000
• Market Cap: $12.90 billion
• Optionable: Optionable
• Beta: 0.98