Texas Roadhouse Inc (NASDAQ: TXRH) has experienced a rise in its stock price by 0.07 compared to its previous closing price of 156.76. However, the company has seen a gain of 4.26% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-23 that Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
Is It Worth Investing in Texas Roadhouse Inc (NASDAQ: TXRH) Right Now?
Texas Roadhouse Inc (NASDAQ: TXRH) has a price-to-earnings ratio that is above its average at 34.56x. The stock has a 36-month beta value of 1.02. Opinions on the stock are mixed, with 4 analysts rating it as a “buy,” 4 as “overweight,” 11 as “hold,” and 0 as “sell.”
The public float for TXRH is 66.45M, and at present, short sellers hold a 2.70% of that float. On April 26, 2024, the average trading volume of TXRH was 772.85K shares.
TXRH’s Market Performance
TXRH’s stock has seen a 4.26% increase for the week, with a 3.05% rise in the past month and a 27.57% gain in the past quarter. The volatility ratio for the week is 1.90%, and the volatility levels for the past 30 days are at 1.92% for Texas Roadhouse Inc. The simple moving average for the past 20 days is 3.53% for TXRH’s stock, with a 30.92% simple moving average for the past 200 days.
Analysts’ Opinion of TXRH
Many brokerage firms have already submitted their reports for TXRH stocks, with Stephens repeating the rating for TXRH by listing it as a “Equal-Weight.” The predicted price for TXRH in the upcoming period, according to Stephens is $150 based on the research report published on April 12, 2024 of the current year 2024.
Robert W. Baird gave a rating of “Outperform” to TXRH, setting the target price at $175 in the report published on March 13th of the current year.
TXRH Trading at 4.65% from the 50-Day Moving Average
After a stumble in the market that brought TXRH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.05% of loss for the given period.
Volatility was left at 1.92%, however, over the last 30 days, the volatility rate increased by 1.90%, as shares surge +1.69% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.03% upper at present.
During the last 5 trading sessions, TXRH rose by +4.26%, which changed the moving average for the period of 200-days by +37.68% in comparison to the 20-day moving average, which settled at $151.65. In addition, Texas Roadhouse Inc saw 28.34% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TXRH starting from EPPS DONNA E, who sale 670 shares at the price of $149.97 back on Mar 07 ’24. After this action, EPPS DONNA E now owns 4,142 shares of Texas Roadhouse Inc, valued at $100,480 using the latest closing price.
Tobin Regina A., the PRESIDENT of Texas Roadhouse Inc, sale 3,064 shares at $150.07 during a trade that took place back on Mar 05 ’24, which means that Tobin Regina A. is holding 15,261 shares at $459,814 based on the most recent closing price.
Stock Fundamentals for TXRH
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.15 for the gross margin
The net margin for Texas Roadhouse Inc stands at 0.07. The total capital return value is set at 0.16. Equity return is now at value 28.30, with 10.47 for asset returns.
Based on Texas Roadhouse Inc (TXRH), the company’s capital structure generated 0.4 points at debt to capital in total, while cash flow to debt ratio is standing at 0.73. The debt to equity ratio resting at 0.68. The interest coverage ratio of the stock is 335.48.
Currently, EBITDA for the company is 538.1 million with net debt to EBITDA at 1.29. When we switch over and look at the enterprise to sales, we see a ratio of 2.41. The receivables turnover for the company is 26.4for trailing twelve months and the total asset turnover is 1.51. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.48.
Conclusion
To sum up, Texas Roadhouse Inc (TXRH) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
