Texas Roadhouse (TXRH) to Release Quarterly Earnings on Monday
Texas Roadhouse (NASDAQ:TXRH) is scheduled to announce its Q413 earnings results on Monday, February 24th. Analysts expect the company to announce earnings of $0.24 per share and revenue of $367.48 million for the quarter.
Texas Roadhouse (NASDAQ:TXRH) opened at 26.35 on Friday. Texas Roadhouse has a one year low of $18.62 and a one year high of $29.07. The stock has a 50-day moving average of $25.53 and a 200-day moving average of $26.2. The company has a market cap of $1.859 billion and a price-to-earnings ratio of 23.40.
A number of research firms have recently commented on TXRH. Analysts at Raymond James upgraded shares of Texas Roadhouse from an “outperform” rating to a “strong-buy” rating in a research note on Monday, February 10th. They now have a $29.00 price target on the stock. They noted that the move was a valuation call. On the ratings front, analysts at Longbow Research initiated coverage on shares of Texas Roadhouse in a research note on Friday, February 7th. They set a “buy” rating on the stock. Finally, analysts at UBS AG initiated coverage on shares of Texas Roadhouse in a research note on Wednesday, January 8th. They set a “neutral” rating on the stock. Eight equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $28.46.
Texas Roadhouse, Inc (NASDAQ:TXRH) is a full-service restaurant chain.
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