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.

Many analysts weighed in on price targets for TXRH. The most optimistic 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. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0.96 percent. That number becomes 3.92 percent if we expand the time horizon to include the past 3 months instead of just one. 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 have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of TXRH to grow at a rate of 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. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. TXRH has a PEG ratio of 2.14.

In the last 52-weeks, TXRH has achieved a high of 51.91 and a low of 37.23. Currently the stock is 32.72 percent higher than its low, 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 market cap of TXRH is $3.59 billion. TXRH will post this quarters earnings in days, on 0000-00-00.