Texas Roadhouse Inc’s stock (TXRH) continues to rise above its goal

A share price of Texas Roadhouse Inc [TXRH] is currently trading at $182.65, up 0.34%. An important factor to consider is whether the stock is rising or falling in short-term value. The TXRH shares have gain 1.97% over the last week, with a monthly amount glided 0.43%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Texas Roadhouse Inc [NASDAQ: TXRH] stock has seen the most recent analyst activity on January 21, 2025, when Morgan Stanley upgraded its rating to a Overweight and also boosted its price target to $213 from $205. Previously, Gordon Haskett downgraded its rating to Hold on January 08, 2025, and kept the price target unchanged to $192. On December 05, 2024, Goldman initiated with a Neutral rating and assigned a price target of $213 on the stock. The Benchmark Company initiated its recommendation with a Hold. Robert W. Baird upgraded its rating to Outperform for this stock on March 13, 2024, and upped its price target to $175. In a note dated February 20, 2024, Northcoast downgraded an Neutral rating on this stock.

Texas Roadhouse Inc experienced fluctuations in its stock price throughout the past year between $125.58 and $206.04. Currently, Wall Street analysts expect the stock to reach $204.5 within the next 12 months. Texas Roadhouse Inc [NASDAQ: TXRH] shares were valued at $182.65 at the most recent close of the market. An investor can expect a potential return of 11.96% based on the average TXRH price forecast.

Analyzing the TXRH fundamentals

Trailing Twelve Months sales for Texas Roadhouse Inc [NASDAQ:TXRH] were 5.10B which represents 13.48% growth. Gross Profit Margin for this corporation currently stands at 0.15% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.32 and Total Capital is 0.21. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.64.

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 180.96 points at the first support level, and at 179.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 184.67, and for the 2nd resistance point, it is at 186.69.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Texas Roadhouse Inc [NASDAQ:TXRH] is 0.49. On the other hand, the Quick Ratio is 0.43, and the Cash Ratio is 0.3. Considering the valuation of this stock, the price to sales ratio is 2.39, the price to book ratio is 9.31 and price to earnings (TTM) ratio is 31.38.

Transactions by insiders

Recent insider trading involved Colson Christopher C., CHIEF LEGAL & ADMIN OFFICER, that happened on Jan 10 ’25 when 1370.0 shares were sold. Officer, CHRISTOPHER COLSON completed a deal on Jan 10 ’25 to buy 1370.0 shares. Meanwhile, CHIEF TECHNOLOGY OFFICER Mujica Hernan E. sold 1500.0 shares on Nov 14 ’24.

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