Texas Roadhouse Inc (NASDAQ: TXRH) kicked off on Monday, up 3.70% from the previous trading day, before settling in for the closing price of $194.90. Over the past 52 weeks, TXRH has traded in a range of $110.88-$203.32.
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A company in the Consumer Cyclical sector has jumped its sales by 14.98% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 40.49%. With a float of $66.38 million, this company’s outstanding shares have now reached $66.79 million.
In an organization with 91000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 14.79%, operating margin of 9.53%, and the pretax margin is 9.18%.
Texas Roadhouse Inc (TXRH) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Restaurants Industry. The insider ownership of Texas Roadhouse Inc is 0.49%, while institutional ownership is 94.74%. The most recent insider transaction that took place on Nov 14 ’24, was worth 303,390. In this transaction CHIEF TECHNOLOGY OFFICER of this company sold 1,500 shares at a rate of $202.26, taking the stock ownership to the 16,342 shares. Before that another transaction happened on Nov 14 ’24, when Company’s Officer proposed sale 1,500 for $202.26, making the entire transaction worth $303,388.
Texas Roadhouse Inc (TXRH) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 1.08 earnings per share (EPS), higher than consensus estimate (set at 1.07) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.99 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 40.49% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 19.97% 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
Take a look at Texas Roadhouse Inc’s (TXRH) current performance indicators. Last quarter, stock had a quick ratio of 0.43. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.68. Likewise, its price to free cash flow for the trailing twelve months is 40.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.82, a number that is poised to hit 1.64 in the next quarter and is forecasted to reach 7.15 in one year’s time.
Technical Analysis of Texas Roadhouse Inc (TXRH)
Let’s dig in a bit further. During the last 5-days, its volume was 0.65 million. That was inferior than the volume of 0.77 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 39.94%. Additionally, its Average True Range was 4.28.
During the past 100 days, Texas Roadhouse Inc’s (TXRH) raw stochastic average was set at 97.44%, which indicates a significant increase from 89.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.37% in the past 14 days, which was higher than the 26.35% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $184.26, while its 200-day Moving Average is $167.31. However, in the short run, Texas Roadhouse Inc’s stock first resistance to watch stands at $204.76. Second resistance stands at $207.41. The third major resistance level sits at $211.78. If the price goes on to break the first support level at $197.74, it is likely to go to the next support level at $193.37. Assuming the price breaks the second support level, the third support level stands at $190.72.
Texas Roadhouse Inc (NASDAQ: TXRH) Key Stats
The company with the Market Capitalisation of 13.65 billion has total of 66,714K Shares Outstanding. Its annual sales at the moment are 4,632 M in contrast with the sum of 304,880 K annual income. Company’s last quarter sales were recorded 1,273 M and last quarter income was 84,410 K.
