Texas Roadhouse Inc (NASDAQ: TXRH) on Tuesday, soared 0.83% from the previous trading day, before settling in for the closing price of $172.44. Within the past 52 weeks, TXRH’s price has moved between $91.06 and $175.72.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 14.98%. The company achieved an average annual earnings per share of 39.20%. With a float of $66.45 million, this company’s outstanding shares have now reached $66.79 million.
Let’s determine the extent of company efficiency that accounts for 91000 employees.
Texas Roadhouse Inc (TXRH) Breakdown of a Key Holders of the stock
Observing investor behavior towards Restaurants industry stocks is more important than anything else. The insider ownership of Texas Roadhouse Inc is 0.50%, while institutional ownership is 93.46%. The most recent insider transaction that took place on Jul 29 ’24, was worth 343,055. In this transaction Director of this company proposed sale 2,000 shares at a rate of $171.53, taking the stock ownership to the shares. Before that another transaction happened on Jul 29 ’24, when Company’s Director proposed sale 700 for $174.00, making the entire transaction worth $121,800. This insider now owns shares in total.
Texas Roadhouse Inc (TXRH) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 39.20% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 19.31% during the next five years compared to 15.61% growth over the previous five years of trading.
Texas Roadhouse Inc (NASDAQ: TXRH) Trading Performance Indicators
Texas Roadhouse Inc (TXRH) is currently performing well based on its current performance indicators. A quick ratio of 0.45 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.35. Likewise, its price to free cash flow for the trailing twelve months is 37.93.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.51, a number that is poised to hit 1.30 in the next quarter and is forecasted to reach 6.90 in one year’s time.
Technical Analysis of Texas Roadhouse Inc (TXRH)
Looking closely at Texas Roadhouse Inc (NASDAQ: TXRH), its last 5-days average volume was 1.18 million, which is a jump from its year-to-date volume of 0.81 million. As of the previous 9 days, the stock’s Stochastic %D was 73.12%. Additionally, its Average True Range was 4.32.
During the past 100 days, Texas Roadhouse Inc’s (TXRH) raw stochastic average was set at 93.61%, which indicates a significant increase from 87.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.84% in the past 14 days, which was higher than the 21.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $169.96, while its 200-day Moving Average is $140.80. However, in the short run, Texas Roadhouse Inc’s stock first resistance to watch stands at $174.86. Second resistance stands at $175.85. The third major resistance level sits at $177.12. If the price goes on to break the first support level at $172.60, it is likely to go to the next support level at $171.33. Now, if the price goes above the second support level, the third support stands at $170.34.
Texas Roadhouse Inc (NASDAQ: TXRH) Key Stats
Market capitalization of the company is 11.61 billion based on 66,791K outstanding shares. Right now, sales total 4,632 M and income totals 304,880 K. The company made 1,341 M in profit during its latest quarter, and 120,140 K in sales during its previous quarter.
