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.

Several price targets were given for TXRH by the analysts covering the stock. The most optimistic analyst gave a price target of 58, implying potential capital gains of 17.39 percent. The lowest price target was 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.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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. Over the past 30 days, FY earnings estimates have also changed downwards by -0.27 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.88 percent.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 2 analysts increased their quarterly estimates, which can be compared to the 2 analysts that decreased their estimates. Over the same time period, 3 analysts revised their FY earnings estimates upwards, compared to 2 analysts that revised their FY estimates downwards.

TXRH has an estimated earnings growth rate of 14.41 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. 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. The PEG ratio of TXRH is 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 price/earnings 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 stock has a market capitalization of $3.59 billion. TXRH is estimated to release their earnings results for the quarter on 0000-00-00, days from today.