Texas Roadhouse (NASDAQ:TXRH) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, February 19th. Analysts expect Texas Roadhouse to post earnings of $0.40 per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.
Shares of TXRH opened at $64.00 on Tuesday. Texas Roadhouse has a one year low of $54.32 and a one year high of $75.24. The stock has a market capitalization of $4.54 billion, a price-to-earnings ratio of 32.49, a PEG ratio of 2.11 and a beta of 0.71.
Several research analysts have commented on the stock. Royal Bank of Canada decreased their target price on shares of Texas Roadhouse to $74.00 and set an “outperform” rating for the company in a report on Wednesday, October 17th. Zacks Investment Research upgraded shares of Texas Roadhouse from a “sell” rating to a “hold” rating in a report on Thursday, October 18th. Gordon Haskett assumed coverage on shares of Texas Roadhouse in a report on Thursday, October 18th. They issued an “underperform” rating and a $60.00 target price for the company. Maxim Group decreased their target price on shares of Texas Roadhouse to $66.00 and set a “positive” rating for the company in a report on Tuesday, October 30th. Finally, Wedbush decreased their price target on shares of Texas Roadhouse from $67.00 to $62.00 and set a “neutral” rating for the company in a report on Tuesday, October 30th. Four analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $65.00.
In related news, President Scott Matthew Colosi sold 6,741 shares of the firm’s stock in a transaction that occurred on Wednesday, January 9th. The shares were sold at an average price of $63.22, for a total transaction of $426,166.02. Following the transaction, the president now owns 68,202 shares of the company’s stock, valued at $4,311,730.44. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 5.89% of the company’s stock.
Texas Roadhouse Company Profile
Texas Roadhouse, Inc, together with its subsidiaries, operates casual dining restaurants in the United States and internationally. The company operates and franchises Texas Roadhouse and Bubba's 33 restaurants. As of October 29, 2018, it owned and operated approximately 575 restaurants. Texas Roadhouse, Inc was founded in 1993 and is based in Louisville, Kentucky.
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