In the latest session, Texas Roadhouse Inc. (NASDAQ: TXRH) closed at $111.61 down -0.46% from its previous closing price of $112.13. In other words, the price has decreased by -$0.52 from its previous closing price. On the day, 1064043 shares were traded. TXRH stock price reached its highest trading level at $112.37 during the session, while it also had its lowest trading level at $110.37.
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For a deeper understanding of Texas Roadhouse Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 48.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 63.60. For the most recent quarter (mrq), Quick Ratio is recorded 0.40 and its Current Ratio is at 0.50. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 18 when Morgan Gerald L. sold 2,500 shares for $115.00 per share. The transaction valued at 287,500 led to the insider holds 94,824 shares of the business.
MOORE GREGORY N sold 6,000 shares of TXRH for $654,360 on May 08. The Director now owns 51,050 shares after completing the transaction at $109.06 per share. On Apr 04, another insider, Jacobsen S. Chris, who serves as the CHIEF MARKETING OFFICER of the company, sold 3,487 shares for $110.06 each. As a result, the insider received 383,779 and left with 23,879 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TXRH now has a Market Capitalization of 7.26B and an Enterprise Value of 7.84B. As of this moment, Texas’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.77, and their Forward P/E ratio for the next fiscal year is 20.55. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.59. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.81 while its Price-to-Book (P/B) ratio in mrq is 7.09. Its current Enterprise Value per Revenue stands at 1.87 whereas that against EBITDA is 16.62.
Stock Price History:
Over the past 52 weeks, TXRH has reached a high of $116.72, while it has fallen to a 52-week low of $68.94. The 50-Day Moving Average of the stock is 109.13, while the 200-Day Moving Average is calculated to be 99.59.
For the past three months, TXRH has traded an average of 901.28K shares per day and 1.17M over the past ten days. A total of 67.02M shares are outstanding, with a floating share count of 66.50M. Insiders hold about 0.30% of the company’s shares, while institutions hold 100.26% stake in the company. Shares short for TXRH as of Apr 27, 2023 were 5.92M with a Short Ratio of 5.55M, compared to 5.03M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 8.83% and a Short% of Float of 11.51%.
Dividends & Splits
According to the company, the forward annual dividend rate for TXRH is 2.20, from 1.93 in the trailing year. Against a Trailing Annual Dividend Yield of 1.72%, it implies a Forward Annual Dividend Yield of 1.96%. The current Payout Ratio is 46.10% for TXRH, which recently paid a dividend on Jun 22, 2023 with an ex-dividend date of Jun 05, 2023. Stock splits for the company last occurred on Sep 25, 2005 when the company split stock in a 2:1 ratio.
There are 20 different market analysts currently analyzing its stock. On average, analysts expect EPS of $1.19 for the current quarter, with a high estimate of $1.26 and a low estimate of $1.1, while EPS last year was $1.07. The consensus estimate for the next quarter is $1.1, with high estimates of $1.24 and low estimates of $1.
Analysts are recommending an EPS of between $4.82 and $4.46 for the fiscal current year, implying an average EPS of $4.65. EPS for the following year is $5.43, with 20 analysts recommending between $5.66 and $5.12.
A total of 17 analysts believe the company’s revenue will be $1.16B this quarter.It ranges from a high estimate of $1.18B to a low estimate of $1.13B. As of the current estimate, Texas Roadhouse Inc.’s year-ago sales were $1.02B, an estimated increase of 13.60% from the year-ago figure. For the next quarter, 17 analysts are estimating revenue of $1.11B, an increase of 11.70% less than the figure of $13.60% in the same quarter last year. There is a high estimate of $1.13B for the next quarter, whereas the lowest estimate is $1.09B.
A total of 18 analysts have provided revenue estimates for TXRH’s current fiscal year. The highest revenue estimate was $4.62B, while the lowest revenue estimate was $4.53B, resulting in an average revenue estimate of $4.57B. In the same quarter a year ago, actual revenue was $4.01B, up 13.90% from the average estimate. Based on 18 analysts’ estimates, the company’s revenue will be $4.99B in the next fiscal year. The high estimate is $5.16B and the low estimate is $4.9B. The average revenue growth estimate for next year is up 9.20% from the average revenue estimate for this year.