Texas Roadhouse, Inc. s trend and data analysis indicates that the stock price has dropped -10.14% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 13.12% . Looking at the past 52 week period, the stock price is up at 3.96% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Texas Roadhouse, Inc. has a positive value of 14.54 compared to overall market.Texas Roadhouse, Inc. is having a Relative Strength Index of 54.77 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Stocks of Texas Roadhouse, Inc. (NASDAQ:TXRH) rallied by 6.72% during the past week but lost 8.48% on a 4-week basis. The company has outperformed the S&P 500 by 6.47% in the past week but underperformed the index by 9.52% in the last 4 weeks.
Company shares have received an average consensus rating of Hold for the current week Texas Roadhouse, Inc. (NASDAQ:TXRH) : On Friday heightened volatility was witnessed in Texas Roadhouse, Inc. (NASDAQ:TXRH) which led to swings in the share price. The stock opened for trading at $43.5 and hit $44.52 on the upside , eventually ending the session at $44.15, with a gain of 3.2% or 1.37 points. The heightened volatility saw the trading volume jump to 1,877,990 shares. The 52-week high of the share price is $50.51 and the company has a market cap of $3,123 million. The 52-week low of the share price is at $37.23 .
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Texas Roadhouse Inc was Upgraded by Robert W. Baird on Mar 14, 2017 to Outperform, Price Target of the shares are set at $48.Texas Roadhouse Inc was Reiterated by Maxim Group on Feb 22, 2017 to Buy, Lowers Price Target to $ 52 from a previous price target of $56 .Texas Roadhouse Inc was Upgraded by Morgan Stanley to Equal-Weight on Jan 17, 2017.
Company has reported several Insider transactions to the SEC, on Feb 21, 2017, Scott Matthew Colosi (President and CFO) sold 12,377 shares at 48.21 per share price.On Nov 14, 2016, Wayne Kent Taylor (Chairman, CEO) sold 100,000 shares at 44.55 per share price.On Nov 10, 2016, S. Chris Jacobsen (Chief Marketing Officer) sold 5,996 shares at 42.00 per share price.
Texas Roadhouse Inc Last issued its quarterly earnings results on Feb 21, 2017. The company reported $0.29 EPS for the quarter, missing the analyst consensus estimate by $ -0.09. Analyst had a consensus of $0.38. The company had revenue of $484.71 million for the quarter, compared to analysts expectations of $497.25 million. The companys revenue was up 6.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.32 EPS.
Texas Roadhouse is a growing, moderately priced, full service restaurant chain. They offer an assortment of specially seasoned and aged steaks hand-cut daily in every restaurant and cooked to order over open gas-fired grills. They also offer their customers, whom they call their guests, a selection of ribs, fish, chicken and vegetable plates, an assortment of hamburgers, salads and sandwiches.