Texas Roadhouse (TXRH) Earns Media Sentiment Rating of 0.15
News coverage about Texas Roadhouse (NASDAQ:TXRH) has been trending somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Texas Roadhouse earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned headlines about the restaurant operator an impact score of 46.7362398555563 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Several research analysts have commented on TXRH shares. Jefferies Group reissued a “sell” rating and set a $40.00 target price on shares of Texas Roadhouse in a research note on Thursday, August 31st. Barclays lowered their target price on Texas Roadhouse from $56.00 to $55.00 and set an “overweight” rating for the company in a research note on Wednesday, October 18th. Maxim Group boosted their target price on Texas Roadhouse from $55.00 to $60.00 and gave the stock a “buy” rating in a research note on Tuesday, October 31st. Canaccord Genuity reissued a “hold” rating and set a $51.00 target price on shares of Texas Roadhouse in a research note on Sunday, October 22nd. Finally, Zacks Investment Research downgraded Texas Roadhouse from a “hold” rating to a “sell” rating in a research note on Tuesday, October 17th. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have assigned a buy rating to the stock. Texas Roadhouse currently has a consensus rating of “Hold” and a consensus target price of $51.05.
Texas Roadhouse (NASDAQ:TXRH) traded down $0.72 during trading hours on Thursday, hitting $50.83. The stock had a trading volume of 780,620 shares, compared to its average volume of 765,636. The company has a market capitalization of $3,680.45, a PE ratio of 27.83, a P/E/G ratio of 2.12 and a beta of 0.52. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.63 and a current ratio of 0.69. Texas Roadhouse has a 52 week low of $40.28 and a 52 week high of $53.61.
Texas Roadhouse (NASDAQ:TXRH) last released its quarterly earnings results on Monday, October 30th. The restaurant operator reported $0.43 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.43. The company had revenue of $540.50 million for the quarter, compared to analysts’ expectations of $538.15 million. Texas Roadhouse had a return on equity of 16.71% and a net margin of 5.73%. The business’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.36 earnings per share. equities analysts forecast that Texas Roadhouse will post 1.93 earnings per share for the current fiscal year.
The company also recently declared a dividend, which will be paid on Friday, December 29th. Stockholders of record on Wednesday, December 13th will be issued a dividend of $0.21 per share. The ex-dividend date is Tuesday, December 12th. Texas Roadhouse’s dividend payout ratio (DPR) is currently 48.56%.
In related news, Director Kathy Widmer sold 2,000 shares of the company’s stock in a transaction that occurred on Thursday, September 21st. The stock was sold at an average price of $47.95, for a total value of $95,900.00. Following the sale, the director now directly owns 11,750 shares in the company, valued at $563,412.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Celia Catlett sold 3,663 shares of the company’s stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $49.34, for a total value of $180,732.42. The disclosure for this sale can be found here. Insiders own 7.40% of the company’s stock.
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About Texas Roadhouse
Texas Roadhouse, Inc is a restaurant company, which operates in the casual dining segment. The Company offers an assortment of seasoned and aged steaks, all cooked over open grills and all but one hand cut daily on the premises. Its restaurants offer a range of menu items at prices that are designed to appeal to a range of consumer tastes.
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