Texas Roadhouse Inc. (NASDAQ:TXRH) went up by 1.56% during the previous trading session, and it is maintaining the win ahead of Tuesday’s trading session. The share price of the Restaurants giant went up by $54.72 to trade ended Tuesday trading at $53.88. This is up from the $53.88 price recorded on Monday’s trading session. Thanks to this latest performance, TXRH is closer to the higher price 52-week target of $78.00 and further from the lowest price target of $31.50. Its performance from the start of the year has also been negative, with TXRH down by -2.84% year-to-date.
Texas Roadhouse Inc. (TXRH) started the day trading at $56.5 and recorded an intraday high of $57.9. It also recorded an intraday low of $54.08 during Tuesday’s trading session. Texas Roadhouse Inc. is a very active stock that recorded a trading volume that is more than 5.48% of the average daily trading volume on Tuesday. The stock’s trading volume on Tuesday was 1957290, which is more than 5.48 of the total average daily trading volume of 1.85 million.
Texas Roadhouse Inc. (NASDAQ:TXRH) 2020 Performance Impressive
The increase in TXRH’s stock price on Tuesday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of TXRH currently stands at $72.49, which is higher than the current trading price of the stock by 24.51%. However, TXRH’s current trading price is -117.57% lower than the 52-week low price of $25.15. In terms of trading volume, Texas Roadhouse Inc. currently experienced healthy participation during the last trading session. 1957290 shares of Texas Roadhouse Inc. were traded on the stock exchange on Tuesday, which is more than 5.48% of the 1.85 million average trading volume of the stock.
The performance of the stock has been positive over the past year. TXRH’s performance over the past one year has seen it surge by 2.34%, while the stock has gone down by -3.49% in the last six months. The quarterly performance of TXRH currently stands at 55.81%, and it is up by 20.32% in the last month. The only negative figure was from the weekly performance, which currently reads -3.95%. At the time of writing TXRH’s report, the company has a total market cap of $3.64B, making it one of the largest publicly-traded companies in the world.Texas Roadhouse Inc. also has over 2526 employees all over the world.
TXRH Insider Activities
For Texas Roadhouse Inc., insiders hold 92.40% of all company shares. The insider transactions over the past six months are up by 3.60%. During that period, insiders bought 155,939 shares in 12 transactions. In that same period, insiders sold 63,713 of their shares in 9 transactions. After these transactions, insiders at Texas Roadhouse Inc. now hold 4.41M shares, which is over 91.13% of the total company stocks. Institutional investors currently hold a large chunk of the TXRH shares, as they control 6.37% of the company’s total stock.
TXRH Fundamental Analysis
For Texas Roadhouse Inc., the stock’s diluted earnings per share (EPS) stands at 1.99. In the coming year, analysts expect the EPS to be 2.08. The EPS growth will up over the next five years to 3.50% after surging by 14.80% in the previous five years. In terms of revenue, Texas Roadhouse Inc.’s quarterly sales (YOY) is shrinking at -0.68, which is lower than the average annual revenue of 14.80% over the past half a decade.
The Return on Investment (ROI) on Texas Roadhouse Inc.’s stock currently stands at 19.60%, and it has a net profit margin of 5.20%. The operating margin of the company is 6.20%, and its gross margin is 68.00%.
TXRH Analysts Prediction
In May 05, 2020, several analysts reiterated their positions on the Texas Roadhouse Inc. stock and predicted its performance to their investors. The analysts at Telsey Advisory Group believe TXRH is still a Market Perform and set the price target between $45 and $50. The BMO Capital Markets also has a Market Perform rating for Texas Roadhouse Inc., predicting the stock price to stay between $55 and $44. Another analyst that has a Outperform rating for TXRH is Wedbush, which set a price target of between $79 and $73.
Analysts at Telsey Advisory Group believe that TXRH is Market Perform, and they have a price target of between $66 and $72. Maxim Group and Maxim Group also believe that Texas Roadhouse Inc.’s stock is outperforming at the moment. TXRH received a positive rating from Telsey Advisory Group, which set a price target of $60-$66 for the stock.
At the moment, Texas Roadhouse Inc.’s Total Debt to Equity ratio stands at 0.00, and they have a long-term Debt to Equity ratio of 0.21.
TXRH Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of TXRH currently stands at 2.26%, while the SMA50 is 12.88%. The biggest one is the SMA200, which is currently reading 3.31% ahead of Tuesday’s trading session. The Relative Strength Index of this stock is 54.40, while its price to earnings ratio (P/E) is 27.53.