The price-to-earnings ratio for Texas Roadhouse Inc (NASDAQ: TXRH) is above average at 32.85x. The 36-month beta value for TXRH is also noteworthy at 1.00. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 7 rating it as “overweight,” 16 rating it as “hold,” and 0 rating it as “sell.”
The public float for TXRH is 66.34M, and at present, short sellers hold a 3.04% of that float. The average trading volume of TXRH on November 01, 2024 was 691.68K shares.
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TXRH) stock’s latest price update
The stock of Texas Roadhouse Inc (NASDAQ: TXRH) has decreased by -1.46 when compared to last closing price of 193.95.Despite this, the company has seen a gain of 5.65% in its stock price over the last five trading days. fxempire.com reported 2024-10-30 that Strong earnings and guidance from Texas Roadhouse, Inc. (TXRH) have shares of the casual dining company sizzling.
TXRH’s Market Performance
TXRH’s stock has risen by 5.65% in the past week, with a monthly rise of 7.23% and a quarterly rise of 15.04%. The volatility ratio for the week is 2.47% while the volatility levels for the last 30 days are 1.93% for Texas Roadhouse Inc. The simple moving average for the past 20 days is 5.06% for TXRH’s stock, with a 18.36% 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 9.67% 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 -2.63% of loss for the given period.
Volatility was left at 1.93%, however, over the last 30 days, the volatility rate increased by 2.47%, as shares surge +8.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.68% upper at present.
During the last 5 trading sessions, TXRH rose by +5.65%, which changed the moving average for the period of 200-days by +61.69% in comparison to the 20-day moving average, which settled at $181.92. In addition, Texas Roadhouse Inc saw 56.36% 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 Jones Wayne L., who sale 700 shares at the price of $174.00 back on Jul 30 ’24. After this action, Jones Wayne L. now owns 500 shares of Texas Roadhouse Inc, valued at $121,800 using the latest closing price.
MOORE GREGORY N, the Director of Texas Roadhouse Inc, sale 2,000 shares at $171.64 during a trade that took place back on Jul 29 ’24, which means that MOORE GREGORY N is holding 39,050 shares at $343,280 based on the most recent closing price.
Stock Fundamentals for TXRH
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.15 for the gross margin
The net margin for Texas Roadhouse Inc stands at 0.08. The total capital return value is set at 0.21. Equity return is now at value 32.35, with 14.29 for asset returns.
Based on Texas Roadhouse Inc (TXRH), the company’s capital structure generated 0.38 points at debt to capital in total, while cash flow to debt ratio is standing at 0.86. The debt to equity ratio resting at 0.61. The interest coverage ratio of the stock is 1913.37.
Currently, EBITDA for the company is 538.1 million with net debt to EBITDA at 0.94. When we switch over and look at the enterprise to sales, we see a ratio of 2.62. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.49.
Conclusion
In summary, Texas Roadhouse Inc (TXRH) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing 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.
