Analyst Ratings for Texas Roadhouse Inc. (TXRH)

Updated: 2017-07-26

Shares of Texas Roadhouse Inc. (NASDAQ:TXRH) have received a consensus rating of Overweight from Wall Street analysts. TXRH had previously received a consensus rating of Overweight a month ago.

19 analysts issued ratings on the stock, where 6 gave TXRH a buy rating, 1 issued an overweight rating, 11 issued a hold rating, 0 gave an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Investment analysts gave a few price targets for TXRH. The most optimistic analyst gave a price target of 58, implying potential capital gains of 17.39 percent. The most pessimistic analyst gave a price target of 40, implying a possible loss of -19.04 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0.96 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 3.92 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.27 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 1.88 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 2 analysts that decreased their estimates. Also over the last month, 3 analysts increased their estimates for the FY earnings, compared to 2 analysts that revised their FY estimates downwards.

Analysts estimate earnings of TXRH to grow at a rate of 14.41 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. TXRH has a PEG ratio of 2.14.

TXRH has a 52-week high of 51.91 and a 52-week low of 37.23. The current market price is above the trailing year's low by 32.72 percent, and 4.82 percent lower than its 52-week high. TXRH has a P/E ratio of 30.88. Investors typically compare the P/E ratio to a company's peers in the industry. The TXRH value stock report compares TXRH to some of its peers using value stock charts. The market cap of TXRH is $3.59 billion. TXRH is estimated to release their earnings results for the quarter on 0000-00-00, days from today.