How Have the Numbers Shaped Up for Texas Roadhouse (NASDAQ:TXRH)

Earnings results for Texas Roadhouse (NASDAQ:TXRH)

Texas Roadhouse, Inc. is expected* to report earnings on 04/29/2021 after market close. The report will be for the fiscal Quarter ending Mar 2021. According to Zacks Investment Research, based on 11 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.59. The reported EPS for the same quarter last year was $0.23.

Texas Roadhouse last issued its quarterly earnings results on February 18th, 2021. The restaurant operator reported $0.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.49 by $0.21. The firm had revenue of $637.99 million for the quarter, compared to analysts’ expectations of $678.05 million. Texas Roadhouse has generated $2.46 earnings per share over the last year and currently has a price-to-earnings ratio of 129.2. Texas Roadhouse has confirmed that its next quarterly earnings report will be published on Thursday, April 29th, 2021.

Analyst Opinion on Texas Roadhouse (NASDAQ:TXRH)

22 Wall Street analysts have issued ratings and price targets for Texas Roadhouse in the last 12 months. Their average twelve-month price target is $86.68, predicting that the stock has a possible downside of 13.99%. The high price target for TXRH is $110.00 and the low price target for TXRH is $50.00. There are currently 1 sell rating, 15 hold ratings, 5 buy ratings and 1 strong buy rating for the stock, resulting in a consensus rating of “Hold.”

Texas Roadhouse has received a consensus rating of Hold. The company’s average rating score is 2.27, and is based on 5 buy ratings, 15 hold ratings, and 1 sell rating. According to analysts’ consensus price target of $86.68, Texas Roadhouse has a forecasted downside of 14.0% from its current price of $100.78. Texas Roadhouse has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: Texas Roadhouse (NASDAQ:TXRH)

Texas Roadhouse does not currently pay a dividend. Texas Roadhouse does not have a long track record of dividend growth.

Insiders buying/selling: Texas Roadhouse (NASDAQ:TXRH)

In the past three months, Texas Roadhouse insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $10,386,397.00 in company stock. Only 6.16% of the stock of Texas Roadhouse is held by insiders. 91.73% of the stock of Texas Roadhouse is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Texas Roadhouse (NASDAQ:TXRH

Earnings for Texas Roadhouse are expected to grow by 283.82% in the coming year, from $0.68 to $2.61 per share. The P/E ratio of Texas Roadhouse is 129.21, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.88. The P/E ratio of Texas Roadhouse is 129.21, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 36.55. Texas Roadhouse has a PEG Ratio of 3.10. PEG Ratios above 1 indicate that a company could be overvalued. Texas Roadhouse has a P/B Ratio of 7.51. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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