BTIG Research Reaffirms “Buy” Rating for Texas Roadhouse (NASDAQ:TXRH)

Texas Roadhouse (NASDAQ:TXRH)‘s stock had its “buy” rating reaffirmed by stock analysts at BTIG Research in a note issued to investors on Friday,Benzinga reports. They presently have a $200.00 target price on the restaurant operator’s stock. BTIG Research’s price objective suggests a potential upside of 11.84% from the company’s current price.

Several other analysts also recently weighed in on TXRH. Royal Bank Of Canada decreased their target price on Texas Roadhouse from $185.00 to $175.00 and set a “sector perform” rating for the company in a research report on Friday, November 7th. UBS Group reiterated a “buy” rating on shares of Texas Roadhouse in a report on Monday, November 10th. BMO Capital Markets boosted their price objective on shares of Texas Roadhouse from $155.00 to $170.00 and gave the company a “market perform” rating in a research report on Tuesday, January 6th. Morgan Stanley upped their target price on shares of Texas Roadhouse from $205.00 to $208.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 20th. Finally, Barclays set a $188.00 price objective on Texas Roadhouse in a research note on Friday. One research 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 MarketBeat.com, Texas Roadhouse has a consensus rating of “Moderate Buy” and an average price target of $196.82.

Texas Roadhouse Stock Performance

Shares of Texas Roadhouse stock opened at $178.82 on Friday. The stock has a market capitalization of $11.83 billion, a price-to-earnings ratio of 29.36, a price-to-earnings-growth ratio of 2.92 and a beta of 0.88. Texas Roadhouse has a 52-week low of $148.73 and a 52-week high of $199.99. The company has a fifty day moving average of $180.81 and a 200-day moving average of $173.48.

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

Insider Buying and Selling

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

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of TXRH. Alliancebernstein L.P. boosted its stake in Texas Roadhouse by 14.7% in the third quarter. Alliancebernstein L.P. now owns 3,638,914 shares of the restaurant operator’s stock valued at $604,606,000 after acquiring an additional 466,176 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of Texas Roadhouse by 27.4% during the 4th quarter. AQR Capital Management LLC now owns 2,674,102 shares of the restaurant operator’s stock valued at $443,901,000 after purchasing an additional 575,685 shares during the last quarter. Invesco Ltd. increased its position in Texas Roadhouse by 17.2% during the 2nd quarter. Invesco Ltd. now owns 2,603,729 shares of the restaurant operator’s stock valued at $487,965,000 after buying an additional 382,699 shares in the last quarter. Capital World Investors raised its stake in Texas Roadhouse by 13.4% in the fourth quarter. Capital World Investors now owns 2,537,290 shares of the restaurant operator’s stock valued at $421,190,000 after buying an additional 300,405 shares during the last quarter. Finally, UBS Group AG boosted its holdings in Texas Roadhouse by 60.4% in the fourth quarter. UBS Group AG now owns 1,387,454 shares of the restaurant operator’s stock worth $230,317,000 after acquiring an additional 522,509 shares in the last quarter. Institutional investors own 94.82% of the company’s stock.

Key Stories Impacting 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

About Texas Roadhouse

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.