Texas Roadhouse, Inc. (NASDAQ:TXRH) Director Kathy Widmer sold 1,300 shares of the business’s stock in a transaction on Tuesday, December 12th. The stock was sold at an average price of $50.86, for a total transaction of $66,118.00. Following the completion of the transaction, the director now directly owns 10,450 shares in the company, valued at approximately $531,487. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Kathy Widmer also recently made the following trade(s):

  • On Thursday, September 21st, Kathy Widmer sold 2,000 shares of Texas Roadhouse stock. The stock was sold at an average price of $47.95, for a total transaction of $95,900.00.

Texas Roadhouse, Inc. (TXRH) traded down $0.52 during trading on Thursday, reaching $51.62. 852,935 shares of the company were exchanged, compared to its average volume of 764,732. The stock has a market capitalization of $3,620.72, a P/E ratio of 27.38, a price-to-earnings-growth ratio of 2.08 and a beta of 0.52. The company has a current ratio of 0.69, a quick ratio of 0.63 and a debt-to-equity ratio of 0.06. Texas Roadhouse, Inc. has a 52 week low of $40.28 and a 52 week high of $53.61.

Texas Roadhouse (NASDAQ:TXRH) last released its quarterly earnings results on Monday, October 30th. The restaurant operator reported $0.43 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.43. The company had revenue of $540.50 million for the quarter, compared to the consensus estimate of $538.15 million. Texas Roadhouse had a net margin of 5.73% and a return on equity of 16.71%. Texas Roadhouse’s revenue was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.36 earnings per share. sell-side analysts anticipate that Texas Roadhouse, Inc. will post 1.93 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Wednesday, December 13th will be paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 1.63%. The ex-dividend date of this dividend is Tuesday, December 12th. Texas Roadhouse’s payout ratio is 48.56%.

Institutional investors have recently added to or reduced their stakes in the stock. YorkBridge Wealth Partners LLC raised its stake in Texas Roadhouse by 4.2% during the second quarter. YorkBridge Wealth Partners LLC now owns 2,159 shares of the restaurant operator’s stock valued at $110,000 after purchasing an additional 87 shares in the last quarter. Creative Planning raised its stake in Texas Roadhouse by 11.2% during the second quarter. Creative Planning now owns 2,223 shares of the restaurant operator’s stock valued at $113,000 after purchasing an additional 224 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Texas Roadhouse by 11.0% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,612 shares of the restaurant operator’s stock valued at $133,000 after purchasing an additional 258 shares in the last quarter. Advisor Group Inc. raised its stake in Texas Roadhouse by 26.8% during the second quarter. Advisor Group Inc. now owns 2,808 shares of the restaurant operator’s stock valued at $143,000 after purchasing an additional 593 shares in the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new stake in Texas Roadhouse during the third quarter valued at $193,000. 86.01% of the stock is currently owned by institutional investors.

Several equities analysts have recently commented on the stock. Barclays lowered their target price on shares of Texas Roadhouse from $56.00 to $55.00 and set an “overweight” rating on the stock in a report on Wednesday, October 18th. Maxim Group reissued a “buy” rating and issued a $55.00 target price on shares of Texas Roadhouse in a report on Friday, October 20th. Robert W. Baird reissued a “buy” rating and issued a $56.00 target price on shares of Texas Roadhouse in a report on Friday, October 20th. Oppenheimer reissued a “hold” rating on shares of Texas Roadhouse in a report on Tuesday, October 31st. Finally, BMO Capital Markets lowered their target price on shares of Texas Roadhouse from $58.00 to $57.00 and set an “outperform” rating on the stock in a report on Tuesday, October 31st. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $51.05.

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Texas Roadhouse Company Profile

Texas Roadhouse, Inc is a restaurant company, which operates in the casual dining segment. The Company offers an assortment of seasoned and aged steaks, all cooked over open grills and all but one hand cut daily on the premises. Its restaurants offer a range of menu items at prices that are designed to appeal to a range of consumer tastes.

Insider Buying and Selling by Quarter for Texas Roadhouse (NASDAQ:TXRH)

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