News articles about Texas Roadhouse (NASDAQ:TXRH) have trended somewhat positive recently, Accern Sentiment reports. The research firm ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Texas Roadhouse earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave press coverage about the restaurant operator an impact score of 46.2740292828183 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
Shares of Texas Roadhouse (NASDAQ:TXRH) opened at $50.89 on Tuesday. The company has a market cap of $3,659.11, a PE ratio of 27.67, a price-to-earnings-growth ratio of 2.10 and a beta of 0.52. Texas Roadhouse has a 1 year low of $40.28 and a 1 year high of $53.61. The company has a current ratio of 0.69, a quick ratio of 0.63 and a debt-to-equity ratio of 0.06.
Texas Roadhouse (NASDAQ:TXRH) last released its quarterly earnings results on Monday, October 30th. The restaurant operator reported $0.43 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.43. The business had revenue of $540.50 million during the quarter, compared to analyst estimates of $538.15 million. Texas Roadhouse had a net margin of 5.73% and a return on equity of 16.71%. The company’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.36 earnings per share. equities research analysts predict that Texas Roadhouse will post 1.93 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Wednesday, December 13th will be given a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 1.65%. The ex-dividend date of this dividend is Tuesday, December 12th. Texas Roadhouse’s payout ratio is currently 48.56%.
TXRH has been the topic of a number of research analyst reports. Jefferies Group restated a “sell” rating and issued a $40.00 price target on shares of Texas Roadhouse in a report on Thursday, August 31st. Barclays cut their price target on shares of Texas Roadhouse from $56.00 to $55.00 and set an “overweight” rating on the stock in a report on Wednesday, October 18th. Maxim Group upped their price target on shares of Texas Roadhouse from $55.00 to $60.00 and gave the stock a “buy” rating in a report on Tuesday, October 31st. Canaccord Genuity restated a “hold” rating and issued a $51.00 price target on shares of Texas Roadhouse in a report on Sunday, October 22nd. Finally, Zacks Investment Research cut shares of Texas Roadhouse from a “hold” rating to a “sell” rating in a report on Tuesday, October 17th. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of $51.05.
In related news, Director Kathy Widmer sold 2,000 shares of the stock in a transaction that occurred on Thursday, September 21st. The shares were 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 approximately $563,412.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Wayne Kent Taylor sold 200,000 shares of the stock in a transaction that occurred on Thursday, December 7th. The shares were sold at an average price of $51.09, for a total transaction of $10,218,000.00. Following the completion of the transaction, the chief executive officer now directly owns 3,908,231 shares of the company’s stock, valued at $199,671,521.79. The disclosure for this sale can be found here. Insiders sold a total of 205,663 shares of company stock valued at $10,494,632 over the last ninety days. 6.60% of the stock is currently owned by insiders.
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Texas Roadhouse Company Profile
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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