Texas Roadhouse Inc (NASDAQ: TXRH) is -1.10% lower on its value in year-to-date trading and has touched a low of $128.24 and a high of $206.04 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TXRH stock was last observed hovering at around $181.16 in the last trading session, with the day’s loss setting it -2.71%.
Currently trading at $178.45, the stock is -1.11% and -3.99% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.15 million and changing -1.50% at the moment leaves the stock 1.41% off its SMA200. TXRH registered 38.82% gain for a year compared to 6-month gain of 7.18%. The firm has a 50-day simple moving average (SMA 50) of $186.1506 and a 200-day simple moving average (SMA200) of $175.83646.
The stock witnessed a -1.39% loss in the last 1 month and extending the period to 3 months gives it a -3.75%, and is -2.30% 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 2.73% over the week and 2.42% over the month.
Texas Roadhouse Inc (TXRH) has around 91000 employees, a market worth around $11.91B and $5.10B in sales. Current P/E ratio is 30.66 and Fwd P/E is 24.89. Profit margin for the company is 7.65%. Distance from 52-week low is 39.15% and -13.39% from its 52-week high. The company has generated returns on investments over the last 12 months (18.48%).
with sales reaching $1.41B over the same period.The EPS is expected to grow by 40.67% this year, but quarterly earnings will post 15.46% year-over-year. Quarterly sales are estimated to grow 21.30% in year-over-year returns.
776.0 institutions hold shares in Texas Roadhouse Inc (TXRH), with institutional investors hold 94.84% of the company’s shares. The shares outstanding are 66.71M, and float is at 66.35M with Short Float at 2.65%. Institutions hold 94.32% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 6.58 million shares valued at $1.13 billion. The investor’s holdings represent 9.8409 of the TXRH Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 6.51 million shares valued at $1.12 billion to account for 9.7434 of the shares outstanding. The other top investors are INVESCO LTD. which holds 2.08 million shares representing 3.1134 and valued at over $357.34 million, while STATE STREET CORP holds 2.9085 of the shares totaling 1.94 million with a market value of $333.83 million.
Texas Roadhouse Inc (TXRH) Insider Activity
The most recent transaction is an insider sale by Colson Christopher C., the company’s CHIEF LEGAL & ADMIN OFFICER. SEC filings show that Colson Christopher C. sold 1,370 shares of the company’s common stock on Jan 10 ’25 at a price of $179.46 per share for a total of $0.25 million. Following the sale, the insider now owns 10000.0 shares.
Still, SEC filings show that on Nov 14 ’24, Mujica Hernan E. (CHIEF TECHNOLOGY OFFICER) disposed off 1,500 shares at an average price of $202.26 for $0.3 million. The insider now directly holds 16,342 shares of Texas Roadhouse Inc (TXRH).
