Truist Financial Lowers Texas Roadhouse (NASDAQ:TXRH) Price Target to $186.00

Texas Roadhouse (NASDAQ:TXRH) had its target price cut by investment analysts at Truist Financial from $188.00 to $186.00 in a note issued to investors on Friday,Benzinga reports. The brokerage currently has a “hold” rating on the restaurant operator’s stock. Truist Financial’s price objective would suggest a potential upside of 4.14% from the stock’s previous close.

TXRH has been the subject of several other research reports. BMO Capital Markets increased their price objective on shares of Texas Roadhouse from $155.00 to $170.00 and gave the company a “market perform” rating in a report on Tuesday, January 6th. Weiss Ratings reissued a “buy (b-)” rating on shares of Texas Roadhouse in a research note on Monday, December 29th. Wells Fargo & Company raised their price target on Texas Roadhouse from $195.00 to $220.00 and gave the company an “overweight” rating in a report on Thursday, January 22nd. TD Cowen started coverage on Texas Roadhouse in a research note on Tuesday, January 20th. They issued a “buy” rating and a $215.00 price objective on the stock. Finally, Stephens upped their price objective on Texas Roadhouse from $168.00 to $180.00 and gave the stock an “equal weight” rating in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $197.32.

Texas Roadhouse Stock Performance

TXRH traded down $3.93 during trading on Friday, reaching $178.60. 834,738 shares of the company traded hands, compared to its average volume of 964,588. Texas Roadhouse has a 12-month low of $148.73 and a 12-month high of $199.99. The firm has a fifty day simple moving average of $180.60 and a 200 day simple moving average of $173.58. The company has a market cap of $11.81 billion, a P/E ratio of 27.43, a PEG ratio of 3.05 and a beta of 0.88.

Texas Roadhouse (NASDAQ:TXRH) last released its earnings results on Thursday, February 19th. The restaurant operator reported $1.28 EPS for the quarter, missing the consensus estimate of $1.57 by ($0.29). The company had revenue of $1.48 billion during the quarter, compared to analysts’ expectations of $1.50 billion. Texas Roadhouse had a return on equity of 30.59% and a net margin of 7.49%.Texas Roadhouse’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same period last year, the firm posted $1.73 EPS. As a group, sell-side analysts expect that Texas Roadhouse will post 7.23 earnings per share for the current fiscal year.

Insider Transactions at Texas Roadhouse

In other news, Director Gregory N. Moore sold 1,400 shares of the business’s stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $170.00, for a total transaction of $238,000.00. Following the transaction, the director owned 32,150 shares of the company’s stock, valued at approximately $5,465,500. The trade was a 4.17% decrease in their position. The transaction 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 on Thursday, December 4th. The shares were sold at an average price of $167.27, for a total value of $167,270.00. Following the sale, the director owned 1,854 shares in the company, valued at $310,118.58. The trade was a 35.04% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, 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

Large investors have recently made changes to their positions in the company. Evergreen Capital Management LLC raised its position in Texas Roadhouse by 1.7% in the 4th quarter. Evergreen Capital Management LLC now owns 3,644 shares of the restaurant operator’s stock worth $605,000 after purchasing an additional 60 shares during the period. &PARTNERS grew its stake in shares of Texas Roadhouse by 3.5% during the fourth quarter. &PARTNERS now owns 1,820 shares of the restaurant operator’s stock valued at $302,000 after buying an additional 61 shares during the last quarter. Fifth Third Bancorp raised its holdings in shares of Texas Roadhouse by 11.6% in the fourth quarter. Fifth Third Bancorp now owns 644 shares of the restaurant operator’s stock worth $107,000 after buying an additional 67 shares during the period. Beacon Investment Advisors LLC lifted its stake in shares of Texas Roadhouse by 1.4% during the 4th quarter. Beacon Investment Advisors LLC now owns 5,338 shares of the restaurant operator’s stock worth $886,000 after acquiring an additional 72 shares during the last quarter. Finally, Compound Planning Inc. lifted its stake in shares of Texas Roadhouse by 5.6% during the 4th quarter. Compound Planning Inc. now owns 1,408 shares of the restaurant operator’s stock worth $234,000 after acquiring an additional 75 shares during the last quarter. 94.82% of the stock is owned by hedge funds and other institutional investors.

Texas Roadhouse News Roundup

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

• Positive Sentiment: Company raised its quarterly dividend to $0.75 (10.3% increase), boosting yield to ~1.6% and signaling confidence in cash flow — a supportive, shareholder-friendly move. Texas Roadhouse Hikes Dividend Despite Earnings Pressure
• Positive Sentiment: BTIG reaffirmed a “buy” rating and a $200 price target (~9.6% upside from the open), providing bullish analyst support that may limit downside and attract buyers. BTIG Reaffirms Buy on TXRH
• Neutral Sentiment: Stephens raised its price target from $168 to $180 but kept an “equal weight” rating — a modest PT increase that still implies little upside vs. current levels and reflects mixed conviction. Stephens Raises TXRH Price Target
• Neutral Sentiment: Company published Q4 results and the earnings call transcript — useful for digging into margin drivers, comps, guidance color and unit growth, but not a new catalyst by itself. Q4 2025 Earnings Call Transcript
• Negative Sentiment: Q4 EPS of $1.28 missed consensus (~$1.57) and revenue of $1.48B slightly missed estimates; EPS fell from $1.73 a year ago — an earnings miss that explains downward pressure and raises near-term growth/efficiency questions. Zacks: TXRH Misses Q4 Estimates

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.