Texas Roadhouse Inc [TXRH] stock prices are up 1.19% to $174.07 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TXRH shares have gain 2.78% over the last week, with a monthly amount glided 1.14%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
On March 13, 2024, upgrade upgraded it’s rating to Outperform and revised its price target to $175 on the stock. Northcoast downgraded its rating to a Neutral. JP Morgan upgraded its rating to a Neutral but $120 remained the price target by the analyst firm on January 23, 2024. Piper Sandler downgraded its rating to Neutral for this stock on December 01, 2023, but kept the price target unchanged to $110. In a note dated October 19, 2023, Deutsche Bank initiated an Buy rating and provided a target price of $111 on this stock.
The stock price of Texas Roadhouse Inc [TXRH] has been fluctuating between $91.06 and $174.05 over the past year. Currently, Wall Street analysts expect the stock to reach $139.75 within the next 12 months. Texas Roadhouse Inc [NASDAQ: TXRH] shares were valued at $174.07 at the most recent close of the market. An investor can expect a potential drop of -19.72% based on the average TXRH price forecast.
Analyzing the TXRH fundamentals
The Texas Roadhouse Inc [NASDAQ:TXRH] reported sales of 4.78B for trailing twelve months, representing a surge of 12.51%. Gross Profit Margin for this corporation currently stands at 0.15% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 0.29 and Total Capital is 0.19. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.66.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 172.53 points at the first support level, and at 170.98 for the second support level. However, for the 1st resistance point, the stock is sitting at 174.97, and for the 2nd resistance point, it is at 175.86.
Ratios To Look Out For
It’s worth pointing out that Texas Roadhouse Inc [NASDAQ:TXRH]’s Current Ratio is 0.50. As well, the Quick Ratio is 0.45, while the Cash Ratio is 0.31. Considering the valuation of this stock, the price to sales ratio is 2.43, the price to book ratio is 9.64 and price to earnings (TTM) ratio is 35.22.
Transactions by insiders
Recent insider trading involved Morgan Gerald L., CHIEF EXECUTIVE OFFICER, that happened on May 28 ’24 when 15000.0 shares were sold. CHIEF TECHNOLOGY OFFICER, Mujica Hernan E. completed a deal on May 20 ’24 to sell 3000.0 shares. Meanwhile, Director MOORE GREGORY N sold 6300.0 shares on May 09 ’24.
