Texas Roadhouse, Inc. (NASDAQ:TXRH) declared a dividend on Thursday, December 7th, Fidelity reports. Investors of record on Wednesday, December 13th will be given a dividend of 0.21 per share by the restaurant operator on Friday, December 29th. The ex-dividend date is Tuesday, December 12th.
Texas Roadhouse (TXRH) traded down $0.72 during trading hours on Thursday, reaching $50.83. The company had a trading volume of 780,620 shares, compared to its average volume of 765,636. The stock has a market cap of $3,680.45, a P/E ratio of 27.83, a PEG ratio of 2.12 and a beta of 0.52. The company has a quick ratio of 0.63, a current ratio of 0.69 and a debt-to-equity ratio of 0.06. Texas Roadhouse has a 12-month low of $40.28 and a 12-month high of $53.61.
Texas Roadhouse (NASDAQ:TXRH) last announced its earnings results on Monday, October 30th. The restaurant operator reported $0.43 earnings per share for the quarter, meeting the consensus estimate of $0.43. Texas Roadhouse had a return on equity of 16.71% and a net margin of 5.73%. The company had revenue of $540.50 million for the quarter, compared to the consensus estimate of $538.15 million. During the same period last year, the business posted $0.36 EPS. The company’s revenue was up 12.2% on a year-over-year basis. equities research analysts predict that Texas Roadhouse will post 1.93 EPS for the current fiscal year.
Several research analysts have weighed in on the company. Robert W. Baird reiterated a “buy” rating and issued a $56.00 target price on shares of Texas Roadhouse in a research note on Tuesday, September 19th. BidaskClub upgraded Texas Roadhouse from a “strong sell” rating to a “sell” rating in a research note on Monday, August 14th. Stifel Nicolaus assumed coverage on Texas Roadhouse in a research note on Monday, October 2nd. They issued a “buy” rating and a $55.00 target price on the stock. BMO Capital Markets lowered their target price on Texas Roadhouse from $58.00 to $57.00 and set an “outperform” rating on the stock in a research note on Tuesday, October 31st. Finally, Oppenheimer reiterated a “hold” rating on shares of Texas Roadhouse in a research note on Tuesday, October 31st. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have given a buy rating to the stock. Texas Roadhouse currently has a consensus rating of “Hold” and an average price target of $51.05.
In other news, Director Kathy Widmer sold 2,000 shares of the business’s stock in a transaction on Thursday, September 21st. The stock was sold at an average price of $47.95, for a total value of $95,900.00. Following the completion of the transaction, the director now directly owns 11,750 shares of the company’s stock, valued at $563,412.50. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, General Counsel Celia Catlett sold 3,663 shares of the business’s stock in a transaction on Monday, November 13th. The stock was sold at an average price of $49.34, for a total value of $180,732.42. The disclosure for this sale can be found here. Insiders own 7.40% of the company’s stock.
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About Texas Roadhouse
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.
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