Texas Roadhouse (NASDAQ:TXRH) Given New $205.00 Price Target at Stephens

Texas Roadhouse (NASDAQ:TXRH) had its price objective raised by Stephens from $180.00 to $205.00 in a research note issued to investors on Friday morning, MarketBeat reports. They currently have an equal weight rating on the restaurant operator’s stock.

Other equities analysts have also issued reports about the stock. Piper Sandler raised their price objective on shares of Texas Roadhouse from $190.00 to $192.00 and gave the company a “neutral” rating in a research report on Monday, May 11th. Morgan Stanley reissued an “overweight” rating and issued a $201.00 price target on shares of Texas Roadhouse in a report on Friday, May 8th. Weiss Ratings restated a “buy (b-)” rating on shares of Texas Roadhouse in a research report on Friday, May 29th. JPMorgan Chase & Co. increased their price objective on Texas Roadhouse from $182.00 to $188.00 and gave the stock a “neutral” rating in a research report on Thursday, May 14th. Finally, UBS Group lifted their price objective on Texas Roadhouse from $210.00 to $235.00 and gave the company a “buy” rating in a research note on Monday. Ten research analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the stock. According to data from MarketBeat.com, Texas Roadhouse presently has an average rating of “Hold” and a consensus price target of $207.71.

Texas Roadhouse Price Performance

Shares of NASDAQ TXRH opened at $208.00 on Friday. The stock has a market cap of $13.67 billion, a PE ratio of 33.28, a price-to-earnings-growth ratio of 2.30 and a beta of 0.79. Texas Roadhouse has a fifty-two week low of $153.82 and a fifty-two week high of $213.26. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.40 and a current ratio of 0.46. The stock has a fifty day moving average of $187.54 and a 200-day moving average of $178.90.

Texas Roadhouse (NASDAQ:TXRH) last issued its quarterly earnings data on Thursday, August 6th. The restaurant operator reported $1.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.83 by $0.02. Texas Roadhouse had a return on equity of 27.57% and a net margin of 6.63%.The business had revenue of $1.68 billion for the quarter, compared to analysts’ expectations of $1.67 billion. During the same quarter in the prior year, the firm posted $1.86 EPS. The firm’s quarterly revenue was up 11.1% on a year-over-year basis. Equities research analysts anticipate that Texas Roadhouse will post 6.45 earnings per share for the current year.

Texas Roadhouse Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 1st will be given a dividend of $0.75 per share. The ex-dividend date is Tuesday, September 1st. This represents a $3.00 annualized dividend and a yield of 1.4%. Texas Roadhouse’s payout ratio is presently 47.92%.

Insiders Place Their Bets

In related news, Director Curtis Warfield sold 2,640 shares of the company’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $183.05, for a total value of $483,252.00. Following the completion of the transaction, the director directly owned 5,361 shares in the company, valued at approximately $981,331.05. The trade was a 33.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Gregory N. Moore sold 1,250 shares of the stock in a transaction on Monday, May 11th. The shares were sold at an average price of $178.14, for a total value of $222,675.00. Following the completion of the transaction, the director directly owned 30,900 shares in the company, valued at approximately $5,504,526. This represents a 3.89% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 6,154 shares of company stock worth $1,115,864. 0.50% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Texas Roadhouse

A number of hedge funds and other institutional investors have recently modified their holdings of TXRH. Elyxium Wealth LLC bought a new stake in Texas Roadhouse in the 4th quarter worth approximately $25,000. Basecamp Wealth Advisors LLC raised its stake in shares of Texas Roadhouse by 5,033.3% during the first quarter. Basecamp Wealth Advisors LLC now owns 154 shares of the restaurant operator’s stock worth $25,000 after acquiring an additional 151 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new position in shares of Texas Roadhouse during the third quarter worth approximately $33,000. Garton & Associates Financial Advisors LLC bought a new stake in shares of Texas Roadhouse in the 4th quarter worth approximately $34,000. Finally, TD Private Client Wealth LLC lifted its holdings in shares of Texas Roadhouse by 137.5% in the 4th quarter. TD Private Client Wealth LLC now owns 266 shares of the restaurant operator’s stock worth $44,000 after acquiring an additional 154 shares during the last quarter. 94.82% of the stock is currently owned by hedge funds and other institutional investors.

Key Texas Roadhouse News

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

• Positive Sentiment: Texas Roadhouse reported second-quarter revenue of $1.68 billion, up 11.1% year over year and slightly above the $1.67 billion consensus estimate. Adjusted earnings of $1.85 per share exceeded the widely cited $1.83 consensus estimate. Texas Roadhouse Announces Second Quarter 2026 Results
• Positive Sentiment: Analysts responded favorably to the results and cited increased sales and restaurant traffic. TD Cowen raised its price target from $205 to $230 and maintained a Buy rating, while BTIG lifted its target from $200 to $220 and also assigned a Buy rating. Analysts Raise Forecasts After Q2 Results
• Positive Sentiment: The board declared a quarterly dividend of $0.75 per share, payable September 29 to shareholders of record September 1. The dividend provides an annualized yield of approximately 1.4%.
• Neutral Sentiment: Stephens raised its price target from $180 to $205 but retained an Equal Weight rating, indicating that the firm sees limited upside at current levels.
• Negative Sentiment: Second-quarter EPS declined from $1.86 a year earlier to $1.85. In addition, one Zacks measure compared results with a higher $1.90 consensus estimate and characterized the quarter as a modest miss, highlighting uncertainty around the earnings beat. Texas Roadhouse Q2 Earnings Report

Texas Roadhouse Company Profile

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.