Throughout the last three months, 21 analysts have evaluated Texas Roadhouse (NASDAQ:TXRH), offering a diverse set of opinions from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 8 | 3 | 10 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 3 | 0 | 1 | 0 | 0 |
| 2M Ago | 0 | 0 | 2 | 0 | 0 |
| 3M Ago | 4 | 3 | 7 | 0 | 0 |
Analysts have recently evaluated Texas Roadhouse and provided 12-month price targets. The average target is $174.76, accompanied by a high estimate of $205.00 and a low estimate of $145.00. Marking an increase of 8.45%, the current average surpasses the previous average price target of $161.14.
Interpreting Analyst Ratings: A Closer Look
The analysis of recent analyst actions sheds light on the perception of Texas Roadhouse by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Sara Senatore | B of A Securities | Raises | Buy | $205.00 | $189.00 |
| John Glass | Morgan Stanley | Raises | Equal-Weight | $162.00 | $155.00 |
| Brian Mullen | Deutsche Bank | Raises | Buy | $193.00 | $190.00 |
| Jake Bartlett | Truist Securities | Raises | Buy | $185.00 | $183.00 |
| Jake Bartlett | Truist Securities | Raises | Buy | $183.00 | $181.00 |
| Logan Reich | RBC Capital | Raises | Sector Perform | $175.00 | $165.00 |
| John Ivankoe | JP Morgan | Raises | Neutral | $184.00 | $145.00 |
| Chris O'Cull | Stifel | Raises | Hold | $175.00 | $155.00 |
| Jon Tower | Citigroup | Raises | Buy | $183.00 | $178.00 |
| Peter Saleh | BTIG | Raises | Buy | $175.00 | $155.00 |
| Jon Tower | Wells Fargo | Raises | Equal-Weight | $165.00 | $140.00 |
| John Glass | Morgan Stanley | Raises | Equal-Weight | $155.00 | $145.00 |
| Christopher Carril | RBC Capital | Raises | Sector Perform | $165.00 | $145.00 |
| David Palmer | Evercore ISI Group | Raises | Outperform | $175.00 | $160.00 |
| Andrew Strelzik | BMO Capital | Raises | Market Perform | $145.00 | $130.00 |
| Jeffrey Bernstein | Barclays | Raises | Equal-Weight | $160.00 | $138.00 |
| Jake Bartlett | Truist Securities | Raises | Buy | $181.00 | $170.00 |
| Nick Setyan | Wedbush | Raises | Outperform | $180.00 | $170.00 |
| Jim Salera | Stephens & Co. | Raises | Equal-Weight | $164.00 | $150.00 |
| David Tarantino | Baird | Raises | Outperform | $182.00 | $178.00 |
| Jon Tower | Citigroup | Raises | Buy | $178.00 | $162.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Texas Roadhouse. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Texas Roadhouse compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Texas Roadhouse's stock. This comparison reveals trends in analysts' expectations over time.
Capture valuable insights into Texas Roadhouse's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Texas Roadhouse analyst ratings.
Discovering Texas Roadhouse: A Closer Look
Texas Roadhouse Inc is a restaurant company operating predominately in the casual dining segment. The company's operating segment includes Texas Roadhouse; Bubba's 33 and others. It generates maximum revenue from the Texas Roadhouse segment.
Financial Insights: Texas Roadhouse
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Growth: Texas Roadhouse's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue growth rate of approximately 12.51%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Consumer Discretionary sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 8.57%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Texas Roadhouse's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 9.64%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 4.03%, the company showcases effective utilization of assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.66.
The Significance of Analyst Ratings Explained
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.