Texas Roadhouse Inc (NASDAQ:TXRH) insider S. Chris Jacobsen sold 1,000 shares of the firm’s stock in a transaction dated Friday, January 12th. The stock was sold at an average price of $57.96, for a total transaction of $57,960.00. Following the transaction, the insider now owns 18,033 shares of the company’s stock, valued at approximately $1,045,192.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

S. Chris Jacobsen also recently made the following trade(s):

  • On Tuesday, January 9th, S. Chris Jacobsen sold 2,500 shares of Texas Roadhouse stock. The stock was sold at an average price of $56.50, for a total transaction of $141,250.00.

Texas Roadhouse Inc (NASDAQ:TXRH) opened at $57.13 on Wednesday. Texas Roadhouse Inc has a one year low of $40.28 and a one year high of $58.87. The company has a quick ratio of 0.63, a current ratio of 0.69 and a debt-to-equity ratio of 0.06. The stock has a market cap of $4,060.00, a P/E ratio of 33.02, a PEG ratio of 2.09 and a beta of 0.52.

Texas Roadhouse (NASDAQ:TXRH) last posted its earnings results on Monday, October 30th. The restaurant operator reported $0.43 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.43. Texas Roadhouse had a net margin of 5.73% and a return on equity of 16.71%. The company had revenue of $540.50 million during the quarter, compared to analysts’ expectations of $538.15 million. During the same quarter in the previous year, the company posted $0.36 earnings per share. Texas Roadhouse’s quarterly revenue was up 12.2% compared to the same quarter last year. sell-side analysts forecast that Texas Roadhouse Inc will post 1.93 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, December 29th. Stockholders of record on Wednesday, December 13th were paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.47%. The ex-dividend date was Tuesday, December 12th. Texas Roadhouse’s dividend payout ratio (DPR) is currently 48.55%.

Several large investors have recently bought and sold shares of TXRH. Schwab Charles Investment Management Inc. raised its stake in shares of Texas Roadhouse by 6.8% in the second quarter. Schwab Charles Investment Management Inc. now owns 403,939 shares of the restaurant operator’s stock valued at $20,581,000 after acquiring an additional 25,667 shares during the last quarter. Legal & General Group Plc raised its stake in shares of Texas Roadhouse by 30.6% in the second quarter. Legal & General Group Plc now owns 52,692 shares of the restaurant operator’s stock valued at $2,687,000 after acquiring an additional 12,343 shares during the last quarter. Victory Capital Management Inc. raised its stake in shares of Texas Roadhouse by 12.8% in the second quarter. Victory Capital Management Inc. now owns 4,704 shares of the restaurant operator’s stock valued at $240,000 after acquiring an additional 534 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Texas Roadhouse by 11.0% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,612 shares of the restaurant operator’s stock worth $133,000 after purchasing an additional 258 shares during the last quarter. Finally, Principal Financial Group Inc. raised its position in Texas Roadhouse by 5.6% in the 2nd quarter. Principal Financial Group Inc. now owns 277,284 shares of the restaurant operator’s stock worth $14,128,000 after purchasing an additional 14,805 shares during the last quarter. Institutional investors own 85.95% of the company’s stock.

A number of research analysts have commented on the stock. BTIG Research raised their price target on shares of Texas Roadhouse to $67.00 and gave the stock a “reduce” rating in a research note on Tuesday. Barclays raised their price target on shares of Texas Roadhouse from $55.00 to $62.00 and gave the stock an “overweight” rating in a research note on Tuesday. Robert W. Baird restated a “buy” rating and set a $56.00 price target on shares of Texas Roadhouse in a research note on Tuesday, September 19th. Stifel Nicolaus assumed coverage on shares of Texas Roadhouse in a research note on Monday, October 2nd. They set a “buy” rating and a $55.00 price target for the company. Finally, BMO Capital Markets cut their price target on shares of Texas Roadhouse from $58.00 to $57.00 and set an “outperform” rating for the company in a research note on Tuesday, October 31st. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eight have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $53.75.

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Texas Roadhouse Company Profile

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.

Insider Buying and Selling by Quarter for Texas Roadhouse (NASDAQ:TXRH)

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