Texas Roadhouse (NASDAQ:TXRH) released its quarterly earnings results on Thursday. The restaurant operator reported $0.61 EPS for the quarter, beating the Zacks’ consensus estimate of $0.52 by $0.09, Briefing.com reports. The firm had revenue of $725.20 million for the quarter, compared to analyst estimates of $713.68 million. Texas Roadhouse had a net margin of 6.33% and a return on equity of 18.67%. The company’s revenue for the quarter was up 19.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.42 earnings per share.
Shares of NASDAQ TXRH opened at $71.52 on Friday. Texas Roadhouse has a 1-year low of $47.52 and a 1-year high of $72.49. The company has a market cap of $4.61 billion, a PE ratio of 26.97, a P/E/G ratio of 2.29 and a beta of 0.58. The company has a current ratio of 0.50, a quick ratio of 0.44 and a debt-to-equity ratio of 0.59. The company has a 50-day moving average of $60.91 and a two-hundred day moving average of $55.66.
In other Texas Roadhouse news, CMO S. Chris Jacobsen sold 2,500 shares of the business’s stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $65.00, for a total value of $162,500.00. Following the completion of the transaction, the chief marketing officer now directly owns 21,950 shares of the company’s stock, valued at $1,426,750. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 5.89% of the company’s stock.
About Texas Roadhouse
Texas Roadhouse, Inc, together with its subsidiaries, operates casual dining restaurants in the United States and internationally. The company operates and franchises Texas Roadhouse and Bubba's 33 restaurants. As of April 29, 2019, it owned and operated approximately 590 restaurants. Texas Roadhouse, Inc was founded in 1993 and is based in Louisville, Kentucky.
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