Stephens Forecasts Strong Price Appreciation for Texas Roadhouse (NASDAQ:TXRH) Stock

Texas Roadhouse (NASDAQ:TXRH) had its target price raised by Stephens from $168.00 to $180.00 in a note issued to investors on Friday, MarketBeat Ratings reports. The firm currently has an “equal weight” rating on the restaurant operator’s stock. Stephens’ target price points to a potential upside of 0.66% from the company’s current price.

A number of other brokerages have also issued reports on TXRH. TD Cowen started coverage on shares of Texas Roadhouse in a research note on Tuesday, January 20th. They set a “buy” rating and a $215.00 price target on the stock. BTIG Research restated a “buy” rating and issued a $200.00 price target on shares of Texas Roadhouse in a research note on Friday. Zacks Research upgraded Texas Roadhouse from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 8th. Wall Street Zen cut Texas Roadhouse from a “hold” rating to a “sell” rating in a report on Saturday, January 3rd. Finally, Barclays set a $188.00 price target on Texas Roadhouse in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and twelve have issued a Hold rating to the company. According to data from MarketBeat, Texas Roadhouse currently has a consensus rating of “Moderate Buy” and an average target price of $196.82.

Texas Roadhouse Trading Down 2.0%

NASDAQ:TXRH opened at $178.82 on Friday. Texas Roadhouse has a 12-month low of $148.73 and a 12-month high of $199.99. The stock’s 50 day simple moving average is $180.81 and its 200-day simple moving average is $173.48. The firm has a market cap of $11.83 billion, a P/E ratio of 29.36, a PEG ratio of 2.92 and a beta of 0.88.

Texas Roadhouse (NASDAQ:TXRH) last issued its quarterly earnings results on Thursday, February 19th. The restaurant operator reported $1.28 earnings per share for the quarter, missing the consensus estimate of $1.53 by ($0.25). The company had revenue of $1.48 billion for the quarter, compared to analyst estimates of $1.50 billion. Texas Roadhouse had a return on equity of 28.05% and a net margin of 6.90%.Texas Roadhouse’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same period in the prior year, the business earned $1.73 earnings per share. Research analysts forecast that Texas Roadhouse will post 7.23 EPS for the current fiscal year.

Insider Transactions at Texas Roadhouse

In related news, CEO Gerald L. Morgan sold 5,000 shares of the stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $196.00, for a total value of $980,000.00. Following the completion of the sale, the chief executive officer directly owned 91,774 shares in the company, valued at approximately $17,987,704. This represents a 5.17% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Hugh J. Carroll sold 1,000 shares of the business’s stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $167.27, for a total value of $167,270.00. Following the transaction, the director owned 1,854 shares in the company, valued at approximately $310,118.58. This represents a 35.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 12,400 shares of company stock worth $2,320,920. 0.50% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Texas Roadhouse

Several hedge funds and other institutional investors have recently bought and sold shares of TXRH. Caldwell Trust Co acquired a new stake in Texas Roadhouse in the second quarter valued at approximately $28,000. Elyxium Wealth LLC acquired a new position in shares of Texas Roadhouse during the fourth quarter worth $25,000. Princeton Global Asset Management LLC purchased a new position in shares of Texas Roadhouse in the fourth quarter valued at $31,000. Measured Wealth Private Client Group LLC acquired a new stake in Texas Roadhouse during the 3rd quarter valued at $33,000. Finally, Garton & Associates Financial Advisors LLC purchased a new stake in Texas Roadhouse during the 4th quarter worth $34,000. 94.82% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Texas Roadhouse

Here are the key news stories impacting Texas Roadhouse this week:

• Positive Sentiment: Company outlook/guide helped calm markets—management’s forward commentary and guidance were framed as constructive, which investors said helped offset the Q4 EPS miss. Investing.com: Outlook offsets earnings miss
• Positive Sentiment: Dividend increase: TXRH raised its quarterly dividend to $0.75 (a ~10.3% raise vs. prior $0.68), boosting yield and shareholder income — a supportive signal for income‑oriented investors. GlobeNewswire: Q4 results & dividend
• Positive Sentiment: Some analysts remain bullish—BTIG reaffirmed a “buy” and a $200 target, signaling upside from some street participants despite the miss. Benzinga: BTIG reaffirms buy
• Positive Sentiment: Stephens raised its price target from $168 to $180 (equal weight), a modest vote of confidence that some firms see value after the quarter. Benzinga: Stephens raises target
• Neutral Sentiment: Explainers and context pieces are circulating that help frame the move—articles examining why TXRH didn’t plunge on a ~25% EPS decline offer context that may limit knee‑jerk selling. Seeking Alpha: Why the stock didn’t drop
• Neutral Sentiment: Analyst/narrative pieces (Zacks/MarketBeat/Yahoo) are re‑pricing the story—investors are parsing same‑store trends, unit growth and DCF upside, producing mixed takes rather than a clear consensus. Zacks: Q4 metrics vs estimates
• Negative Sentiment: Q4 earnings and revenue missed consensus — TXRH reported $1.28 EPS vs. ~$1.53 expected and $1.48B revenue vs. ~$1.50B, a decline from prior year EPS; that shortfall is the primary driver of the intra‑day weakness. MarketBeat: Q4 earnings report
• Negative Sentiment: Margin pressure from higher commodity costs — management flagged rising food/commodity inflation that pulled margins lower, a recurring risk for restaurant operators that can pressure near‑term profitability. Seeking Alpha: Commodity costs hurt margins
• Negative Sentiment: Some analysts trimmed price targets and ratings (Citigroup lowered PT to $184/neutral; Truist trimmed to $186/hold), which can weigh on sentiment even if cuts are modest. Benzinga: Citi and Truist adjustments

Texas Roadhouse Company Profile

Texas Roadhouse, Inc is a casual dining restaurant chain specializing in hand‐cut steaks, fall‐off‐the‐bone ribs, chicken, seafood and house specialties. Each restaurant features a Western‐themed décor, open kitchens and a signature line dance presentation of fresh, made‐from‐scratch sides and breads. The company emphasizes an energetic dining experience, focusing on hospitality, value and a family‐friendly environment.

The concept was created in 1993 by founder Kent Taylor, who sought to combine high‐quality steaks with an approachable, community‐oriented atmosphere.