BTIG Research Reaffirms “Buy” Rating for Texas Roadhouse (NASDAQ:TXRH)

Texas Roadhouse (NASDAQ:TXRH)‘s stock had its “buy” rating restated by equities research analysts at BTIG Research in a research report issued to clients and investors on Friday,Benzinga reports. They currently have a $200.00 price objective on the restaurant operator’s stock. BTIG Research’s price target indicates a potential upside of 9.57% from the stock’s current price.

Several other research firms have also commented on TXRH. Wells Fargo & Company increased their target price on shares of Texas Roadhouse from $195.00 to $220.00 and gave the company an “overweight” rating in a report on Thursday, January 22nd. Morgan Stanley increased their target price on Texas Roadhouse from $205.00 to $208.00 and gave the company an “overweight” rating in a report on Tuesday, January 20th. Royal Bank Of Canada lowered their price objective on Texas Roadhouse from $185.00 to $175.00 and set a “sector perform” rating for the company in a research report on Friday, November 7th. Stephens cut their target price on shares of Texas Roadhouse from $175.00 to $168.00 and set an “equal weight” rating on the stock in a report on Friday, November 7th. Finally, TD Cowen started coverage on shares of Texas Roadhouse in a research report on Tuesday, January 20th. They set a “buy” rating and a $215.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $197.41.

Texas Roadhouse Stock Down 2.3%

Shares of TXRH stock opened at $182.53 on Friday. The firm has a market cap of $12.07 billion, a P/E ratio of 27.91, a price-to-earnings-growth ratio of 3.05 and a beta of 0.88. The business has a 50-day moving average price of $180.60 and a two-hundred day moving average price of $173.58. Texas Roadhouse has a 12-month low of $148.73 and a 12-month high of $199.99.

Texas Roadhouse (NASDAQ:TXRH) last released its earnings results on Thursday, February 19th. The restaurant operator reported $1.28 earnings per share for the quarter, missing analysts’ consensus estimates of $1.57 by ($0.29). Texas Roadhouse had a return on equity of 30.59% and a net margin of 7.49%.The firm had revenue of $1.48 billion during the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter in the previous year, the firm earned $1.73 EPS. The business’s quarterly revenue was up 3.1% compared to the same quarter last year. As a group, research analysts expect that Texas Roadhouse will post 7.23 EPS for the current fiscal year.

Insider Buying and Selling

In other Texas Roadhouse news, Director Gregory N. Moore sold 1,400 shares of the firm’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $170.00, for a total transaction of $238,000.00. Following the completion of the transaction, the director owned 32,150 shares of the company’s stock, valued at approximately $5,465,500. This trade represents a 4.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Gerald L. Morgan sold 5,000 shares of Texas Roadhouse stock in a transaction dated Tuesday, January 20th. The shares were sold at an average price of $196.00, for a total transaction of $980,000.00. Following the transaction, the chief executive officer directly owned 91,774 shares of the company’s stock, valued at approximately $17,987,704. This trade represents a 5.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 12,400 shares of company stock valued at $2,320,920 over the last ninety days. Company insiders own 0.50% of the company’s stock.

Institutional Investors Weigh In On Texas Roadhouse

Institutional investors and hedge funds have recently made changes to their positions in the company. NewEdge Advisors LLC lifted its holdings in shares of Texas Roadhouse by 12.0% during the first quarter. NewEdge Advisors LLC now owns 2,423 shares of the restaurant operator’s stock valued at $404,000 after purchasing an additional 259 shares in the last quarter. Focus Partners Wealth increased its position in Texas Roadhouse by 23.3% during the first quarter. Focus Partners Wealth now owns 6,124 shares of the restaurant operator’s stock valued at $1,020,000 after acquiring an additional 1,157 shares during the last quarter. Geneos Wealth Management Inc. lifted its holdings in Texas Roadhouse by 36.0% in the first quarter. Geneos Wealth Management Inc. now owns 419 shares of the restaurant operator’s stock valued at $70,000 after acquiring an additional 111 shares during the period. Sivia Capital Partners LLC bought a new position in shares of Texas Roadhouse in the 2nd quarter worth approximately $657,000. Finally, Chicago Partners Investment Group LLC purchased a new stake in Texas Roadhouse during the second quarter valued at approximately $290,000. Institutional investors own 94.82% of the company’s stock.

Key Texas Roadhouse News

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

• Positive Sentiment: Board raised the quarterly dividend to $0.75 (10.3% increase versus prior quarter), supporting income-focused holders and signaling confidence in cash flow. Texas Roadhouse Hikes Dividend Despite Earnings Pressure
• Neutral Sentiment: Revenue grew modestly (+3.1% YoY to $1.48B), showing continued top-line expansion but not enough to meet Street forecasts—mixed signal on demand trends. Texas Roadhouse, Inc. Announces Fourth Quarter 2025 Results
• Neutral Sentiment: Management commentary and the full earnings call transcript are available for detail on margin drivers, promotions, comps and guide—useful for deciding if the miss is one-time or structural. TXRH Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Analyst commentary and vertical analyses are probing valuation and model assumptions (DCF upside debated), indicating possible target/coverage changes that could affect sentiment. Looking At The Texas Roadhouse Narrative As Analyst Targets Shift
• Negative Sentiment: EPS missed estimates: $1.28 reported vs. roughly $1.53–$1.57 consensus, and down from $1.73 a year ago—this profit shortfall is the main near-term driver of the share decline. Texas Roadhouse (TXRH) Misses Q4 Earnings and Revenue Estimates
• Negative Sentiment: Revenue slightly missed Street expectations ($1.48B vs. ~$1.50B est.), reinforcing concerns about traffic/mix and margin pressure despite overall revenue growth. TXRH Q4 Earnings: Key Metrics Versus Estimates

About Texas Roadhouse

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.