Share on StockTwits

Texas Roadhouse (NASDAQ:TXRH)‘s stock had its “hold” rating reaffirmed by equities researchers at Deutsche Bank in a research report issued on Tuesday. They currently have a $26.00 price objective on the stock, up from their previous price objective of $25.00. Deutsche Bank’s price target indicates a potential upside of 3.83% from the stock’s previous close.

Texas Roadhouse (NASDAQ:TXRH) traded down 0.36% during mid-day trading on Tuesday, hitting $24.95. The stock had a trading volume of 1,316,373 shares. Texas Roadhouse has a 52-week low of $22.87 and a 52-week high of $29.07. The stock’s 50-day moving average is $25.59 and its 200-day moving average is $25.4. The company has a market cap of $1.739 billion and a price-to-earnings ratio of 22.14.

Texas Roadhouse (NASDAQ:TXRH) last posted its quarterly earnings results on Monday, August 4th. The company reported $0.33 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.33. The company had revenue of $395.36 million for the quarter, compared to the consensus estimate of $394.31 million. During the same quarter in the prior year, the company posted $0.28 earnings per share. The company’s quarterly revenue was up 12.3% on a year-over-year basis. Analysts expect that Texas Roadhouse will post $1.26 EPS for the current fiscal year.

Separately, analysts at RBC Capital initiated coverage on shares of Texas Roadhouse in a research note on Tuesday, May 27th. They set an “outperform” rating and a $6.00 price target on the stock. Five 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. The company currently has a consensus rating of “Buy” and a consensus price target of $26.73.

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

Receive News & Ratings for Texas Roadhouse Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Texas Roadhouse Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.