Texas Roadhouse Inc (NASDAQ: TXRH) is 38.56% higher on its value in year-to-date trading and has touched a low of $91.06 and a high of $174.05 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TXRH stock was last observed hovering at around $170.03 in the last trading session, with the day’s loss setting it -0.67%.
Currently trading at $169.36, the stock is -0.22% and 3.74% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.06 million and changing -0.39% at the moment leaves the stock 29.54% off its SMA200. TXRH registered 56.71% gain for a year compared to 6-month gain of 43.88%.
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The stock witnessed a 0.58% loss in the last 1 month and extending the period to 3 months gives it a 9.63%, and is -1.37% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.89% over the week and 1.95% over the month.
Texas Roadhouse Inc (TXRH) has around 91000 employees, a market worth around $11.31B and $4.78B in sales. Current P/E ratio is 34.27 and Fwd P/E is 25.59. Profit margin for the company is 6.94%. Distance from 52-week low is 85.99% and -2.69% from its 52-week high. The company has generated returns on investments over the last 12 months (16.81%).
The EPS is expected to grow by 31.55% this year
The shares outstanding are 66.79M, and float is at 66.45M with Short Float at 2.50%.
Texas Roadhouse Inc (TXRH) Insider Activity
The most recent transaction is an insider sale by Morgan Gerald L., the company’s CHIEF EXECUTIVE OFFICER. SEC filings show that Morgan Gerald L. sold 15,000 shares of the company’s common stock on May 28 ’24 at a price of $171.70 per share for a total of $2.58 million. Following the sale, the insider now owns 77847.0 shares.
Texas Roadhouse Inc disclosed in a document filed with the SEC on May 20 ’24 that Mujica Hernan E. (CHIEF TECHNOLOGY OFFICER) sold a total of 3,000 shares of the company’s common stock. The trade occurred on May 20 ’24 and was made at $168.60 per share for $0.51 million. Following the transaction, the insider now directly holds 17842.0 shares of the TXRH stock.
Still, SEC filings show that on May 09 ’24, MOORE GREGORY N (Director) disposed off 6,300 shares at an average price of $166.69 for $1.05 million. The insider now directly holds 41,050 shares of Texas Roadhouse Inc (TXRH).
