Texas Roadhouse, Inc. with ticker code (TXRH) have now 22 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $209.00 and $155.00 calculating the mean target price we have $184.55. Given that the stocks previous close was at $174.61 this would indicate that there is a potential upside of 5.7%. It’s also worth noting that there is a 50 day moving average of $170.15 and the 200 day moving average is $141.62. The company has a market cap of 11.56B. The stock price is currently at: $173.13 USD
The potential market cap would be $12,221,727,847 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 31.42, revenue per share of $74.08 and a 10.09% return on assets.
Texas Roadhouse, Inc. is a restaurant company, which operates predominately in the casual dining segment. The Company owns and operates approximately 597 restaurants and franchised an additional 100 restaurants in 49 states and ten foreign countries. It operates approximately 552 Texas Roadhouse restaurants, 40 as Bubba’s 33 restaurants and five as Jaggers restaurants. Texas Roadhouse is a full-service, casual dining restaurant concept offering an assortment of specially seasoned and aged steaks hand-cut daily on the premises and cooked to order over open grills. Bubba’s 33 is a family-friendly restaurant concept featuring scratch-made food for all with a rock ‘n’ roll, ice-cold beer and signature drinks. Bubba’s 33’s menu features burgers, pizza and wings, as well as a variety of appetizers, sandwiches and dinner entrees. Jaggers is a fast-casual restaurant concept offering burgers, hand-breaded chicken tenders and chicken sandwiches served with scratch-made sauces.
