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 highest price target was 58, implying potential capital gains of 17.39 percent. The most pessimistic price target was 40, which equates to a potential downside 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. The average change in earnings estimates over the last 90 days is 3.92 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.27 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.88 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 2 analysts that decreased their estimates. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.

The growth rate of TXRH's earnings is estimated by analysts to be 14.41 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. TXRH has a PEG ratio of 2.14.

In the trailing 52-weeks, TXRH hit 51.91 at the highest peak, while it's lowest trading point was 37.23. The current market price is above the trailing year's low by 32.72 percent, and below the high by 4.82 percent. 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 will post this quarters earnings in days, on 0000-00-00.