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Texas Roadhouse (NASDAQ:TXRH) COO Steven L. Ortiz bought 10,881 shares of Texas Roadhouse stock in a transaction dated Tuesday, May 13th. The stock was purchased at an average cost of $24.49 per share, for a total transaction of $266,475.69. Following the completion of the transaction, the chief operating officer now directly owns 270,753 shares of the company’s stock, valued at approximately $6,630,741. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

TXRH has been the subject of a number of recent research reports. Analysts at UBS AG cut their price target on shares of Texas Roadhouse from $27.00 to $26.00 in a research note on Friday, May 9th. Separately, analysts at Wunderlich cut their price target on shares of Texas Roadhouse from $30.00 to $28.00 in a research note on Tuesday, May 6th. They now have a “hold” rating on the stock. Finally, analysts at RBC Capital reiterated a “buy” rating on shares of Texas Roadhouse in a research note on Friday, May 2nd. Five analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $28.15.

Shares of Texas Roadhouse (NASDAQ:TXRH) traded down 1.62% during mid-day trading on Wednesday, hitting $24.36. 340,811 shares of the company’s stock traded hands. Texas Roadhouse has a 52-week low of $22.87 and a 52-week high of $29.07. The stock has a 50-day moving average of $25.1 and a 200-day moving average of $26.23. The company has a market cap of $1.708 billion and a P/E ratio of 21.89.

Texas Roadhouse (NASDAQ:TXRH) last issued its quarterly earnings data on Monday, May 5th. The company reported $0.37 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.39 by $0.02. The company had revenue of $397.10 million for the quarter, compared to the consensus estimate of $394.07 million. During the same quarter in the prior year, the company posted $0.37 earnings per share. The company’s quarterly revenue was up 10.4% on a year-over-year basis. Analysts expect that Texas Roadhouse will post $1.26 EPS for the current fiscal year.

Texas Roadhouse, Inc (NASDAQ:TXRH) is a full-service restaurant chain.

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