Texas Roadhouse (TXRH) – Analysts’ Weekly Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of Texas Roadhouse (NASDAQ: TXRH) in the last few weeks:

• 2/27/2025 – Texas Roadhouse had its price target lowered by analysts at Guggenheim from $205.00 to $200.00. They now have a “buy” rating on the stock.
• 2/21/2025 – Texas Roadhouse had its price target lowered by analysts at Royal Bank of Canada from $200.00 to $180.00. They now have a “sector perform” rating on the stock.
• 2/21/2025 – Texas Roadhouse had its price target lowered by analysts at Wedbush from $220.00 to $200.00. They now have an “outperform” rating on the stock.
• 2/21/2025 – Texas Roadhouse had its price target lowered by analysts at Stifel Nicolaus from $185.00 to $172.00. They now have a “hold” rating on the stock.
• 2/21/2025 – Texas Roadhouse had its price target lowered by analysts at Stephens from $186.00 to $180.00. They now have an “equal weight” rating on the stock.
• 2/21/2025 – Texas Roadhouse had its price target lowered by analysts at Barclays PLC from $194.00 to $178.00. They now have an “equal weight” rating on the stock.
• 2/21/2025 – Texas Roadhouse had its price target raised by analysts at Citigroup Inc. from $212.00 to $213.00. They now have a “buy” rating on the stock.
• 2/21/2025 – Texas Roadhouse had its price target lowered by analysts at Truist Financial Co. from $209.00 to $205.00. They now have a “buy” rating on the stock.
• 2/14/2025 – Texas Roadhouse had its price target lowered by analysts at Stifel Nicolaus from $195.00 to $185.00. They now have a “hold” rating on the stock.
• 1/21/2025 – Texas Roadhouse was upgraded by analysts at Morgan Stanley from an “equal weight” rating to an “overweight” rating. They now have a $213.00 price target on the stock, up previously from $205.00.
• 1/16/2025 – Texas Roadhouse had its “sector perform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $200.00 price target on the stock.
• 1/8/2025 – Texas Roadhouse was downgraded by analysts at Gordon Haskett from a “buy” rating to a “hold” rating. They now have a $192.00 price target on the stock.
• 1/8/2025 – Texas Roadhouse had its price target raised by analysts at Truist Financial Co. from $207.00 to $209.00. They now have a “buy” rating on the stock.

Texas Roadhouse Price Performance

Shares of NASDAQ:TXRH traded down $1.73 during midday trading on Wednesday, hitting $183.26. The company had a trading volume of 206,445 shares, compared to its average volume of 1,145,778. Texas Roadhouse, Inc. has a twelve month low of $146.75 and a twelve month high of $206.04. The stock has a market cap of $12.23 billion, a price-to-earnings ratio of 28.32, a price-to-earnings-growth ratio of 1.23 and a beta of 1.02. The business’s 50-day simple moving average is $178.63 and its 200-day simple moving average is $180.79.

Texas Roadhouse (NASDAQ:TXRH) last posted its quarterly earnings results on Thursday, February 20th. The restaurant operator reported $1.73 EPS for the quarter, topping the consensus estimate of $1.66 by $0.07. Texas Roadhouse had a return on equity of 34.02% and a net margin of 8.07%. The business had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.41 billion. As a group, sell-side analysts forecast that Texas Roadhouse, Inc. will post 7.23 EPS for the current year.

Texas Roadhouse Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 18th will be paid a $0.68 dividend. This is a boost from Texas Roadhouse’s previous quarterly dividend of $0.61. The ex-dividend date is Tuesday, March 18th. This represents a $2.72 annualized dividend and a dividend yield of 1.48%. Texas Roadhouse’s dividend payout ratio is 42.04%.

Insider Transactions at Texas Roadhouse

In other news, CTO Hernan E. Mujica sold 2,050 shares of the business’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $170.66, for a total value of $349,853.00. Following the sale, the chief technology officer now directly owns 17,162 shares of the company’s stock, valued at approximately $2,928,866.92. The trade was a 10.67 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Christopher C. Colson sold 1,370 shares of the company’s stock in a transaction that occurred on Friday, January 10th. The stock was sold at an average price of $179.46, for a total transaction of $245,860.20. Following the completion of the transaction, the insider now owns 10,000 shares in the company, valued at approximately $1,794,600. This represents a 12.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 11,470 shares of company stock worth $2,010,238 in the last 90 days. Insiders own 0.50% of the company’s stock.

Institutional Trading of Texas Roadhouse

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TXRH. Kingsview Wealth Management LLC grew its stake in shares of Texas Roadhouse by 3.1% during the third quarter. Kingsview Wealth Management LLC now owns 1,771 shares of the restaurant operator’s stock worth $313,000 after purchasing an additional 54 shares in the last quarter. Cornerstone Investment Partners LLC increased its stake in Texas Roadhouse by 2.7% in the fourth quarter. Cornerstone Investment Partners LLC now owns 2,159 shares of the restaurant operator’s stock valued at $390,000 after purchasing an additional 56 shares during the last quarter. Lifestyle Asset Management Inc. lifted its position in shares of Texas Roadhouse by 3.9% during the 4th quarter. Lifestyle Asset Management Inc. now owns 1,603 shares of the restaurant operator’s stock worth $289,000 after buying an additional 60 shares during the last quarter. CIBC Asset Management Inc boosted its holdings in shares of Texas Roadhouse by 3.3% in the 3rd quarter. CIBC Asset Management Inc now owns 1,952 shares of the restaurant operator’s stock valued at $345,000 after buying an additional 62 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB grew its position in shares of Texas Roadhouse by 32.2% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 267 shares of the restaurant operator’s stock valued at $48,000 after buying an additional 65 shares during the last quarter. Hedge funds and other institutional investors own 94.82% of the company’s stock.

Texas Roadhouse, Inc, together with its subsidiaries, operates casual dining restaurants in the United States and internationally. It also operates and franchises restaurants under the Texas Roadhouse, Bubba's 33, and Jaggers names in 49 states and ten internationally. Texas Roadhouse, Inc was founded in 1993 and is based in Louisville, Kentucky.