Texas Roadhouse (TXRH) Scheduled to Post Quarterly Earnings on Monday

Texas Roadhouse (NASDAQ:TXRH) is scheduled to announce its earnings results after the market closes on Monday, February 19th. Analysts expect the company to announce earnings of $0.37 per share for the quarter.

Texas Roadhouse (NASDAQ TXRH) opened at $54.62 on Monday. The stock has a market capitalization of $3,883.81, a price-to-earnings ratio of 31.57, a PEG ratio of 1.86 and a beta of 0.59. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.63 and a current ratio of 0.69. Texas Roadhouse has a one year low of $40.28 and a one year high of $60.43.

Several research analysts have recently issued reports on TXRH shares. Maxim Group reaffirmed a “buy” rating and set a $55.00 price target on shares of Texas Roadhouse in a research note on Friday, October 20th. Robert W. Baird reaffirmed a “buy” rating and set a $56.00 price target on shares of Texas Roadhouse in a research note on Friday, October 20th. Zacks Investment Research raised Texas Roadhouse from a “hold” rating to a “buy” rating and set a $67.00 price target for the company in a research note on Wednesday, January 31st. Canaccord Genuity reaffirmed a “hold” rating and set a $51.00 price target on shares of Texas Roadhouse in a research note on Sunday, October 22nd. Finally, Oppenheimer reaffirmed a “hold” rating on shares of Texas Roadhouse in a research note on Tuesday, October 31st. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and ten have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $55.45.

In related news, Director Kathy Widmer sold 1,300 shares of the business’s stock in a transaction dated Tuesday, December 12th. The shares were sold at an average price of $50.86, for a total value of $66,118.00. Following the completion of the transaction, the director now owns 10,450 shares of the company’s stock, valued at approximately $531,487. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Wayne Kent Taylor sold 200,000 shares of the business’s stock in a transaction dated Thursday, December 7th. The shares were sold at an average price of $51.09, for a total transaction of $10,218,000.00. Following the completion of the transaction, the chief executive officer now directly owns 3,908,231 shares of the company’s stock, valued at approximately $199,671,521.79. The disclosure for this sale can be found here. Insiders sold a total of 236,174 shares of company stock valued at $12,261,138 in the last three months. 7.40% of the stock is currently owned by corporate insiders.

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About Texas Roadhouse

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.

Earnings History for Texas Roadhouse (NASDAQ:TXRH)

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