Texas Roadhouse (NASDAQ:TXRH) Price Target Lowered to $184.00 at Citigroup

Texas Roadhouse (NASDAQ:TXRH) had its price target dropped by analysts at Citigroup from $190.00 to $184.00 in a report issued on Friday,Benzinga reports. The firm presently has a “neutral” rating on the restaurant operator’s stock. Citigroup’s price target would indicate a potential upside of 2.90% from the company’s previous close.

A number of other research firms have also commented on TXRH. Sanford C. Bernstein set a $185.00 price objective on shares of Texas Roadhouse in a research note on Wednesday, January 7th. Royal Bank Of Canada cut their price target on shares of Texas Roadhouse from $185.00 to $175.00 and set a “sector perform” rating on the stock in a report on Friday, November 7th. Barclays set a $188.00 price objective on shares of Texas Roadhouse in a research note on Friday. TD Cowen assumed coverage on shares of Texas Roadhouse in a research note on Tuesday, January 20th. They set a “buy” rating and a $215.00 target price on the stock. Finally, Mizuho raised their target price on Texas Roadhouse from $190.00 to $200.00 and gave the stock an “outperform” rating in a research report on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and twelve have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $196.82.

Texas Roadhouse Stock Down 2.0%

NASDAQ:TXRH traded down $3.71 during trading hours on Friday, reaching $178.82. 2,814,863 shares of the company’s stock were exchanged, compared to its average volume of 1,029,868. The company has a market capitalization of $11.83 billion, a P/E ratio of 27.34, a price-to-earnings-growth ratio of 3.05 and a beta of 0.88. Texas Roadhouse has a 12 month low of $148.73 and a 12 month high of $199.99. The business’s 50-day simple moving average is $180.60 and its two-hundred day simple moving average is $173.58.

Texas Roadhouse (NASDAQ:TXRH) last released its quarterly earnings data on Thursday, February 19th. The restaurant operator reported $1.28 earnings per share for the quarter, missing the consensus estimate of $1.53 by ($0.25). The company had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.50 billion. Texas Roadhouse had a return on equity of 30.59% and a net margin of 7.49%.The business’s revenue was up 3.1% compared to the same quarter last year. During the same period in the prior year, the business earned $1.73 earnings per share. As a group, sell-side analysts anticipate that Texas Roadhouse will post 7.23 earnings per share for the current fiscal year.

Insider Transactions at Texas Roadhouse

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

Hedge Funds Weigh In On Texas Roadhouse

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TXRH. Elyxium Wealth LLC bought a new stake in Texas Roadhouse in the fourth quarter worth approximately $25,000. Caldwell Trust Co bought a new position in shares of Texas Roadhouse during the 2nd quarter valued at $28,000. Princeton Global Asset Management LLC bought a new position in shares of Texas Roadhouse during the 4th quarter valued at $31,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Texas Roadhouse in the 3rd quarter valued at $33,000. Finally, Garton & Associates Financial Advisors LLC bought a new stake in Texas Roadhouse in the fourth quarter worth $34,000. Institutional investors own 94.82% of the company’s stock.

Texas Roadhouse News Roundup

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

• Positive Sentiment: Management’s forward outlook was described as strong and helped offset the Q4 earnings miss, which supported the stock earlier in the session. Texas Roadhouse stock rises as strong outlook offsets fourth-quarter earnings miss
• Positive Sentiment: The board raised the quarterly dividend to $0.75 (10.3% increase), yielding ~1.7% annualized — a shareholder‑friendly move that supports investor confidence despite near‑term margin pressure. (Record/ex‑dividend dates announced with the earnings release.) Press Release
• Positive Sentiment: BTIG reaffirmed its buy rating and a $200 price target, signaling some analysts remain constructive on longer‑term growth/return potential. BTIG note via Benzinga
• Neutral Sentiment: Stephens raised its price target from $168 to $180 and kept an equal‑weight rating — a modest upgrade but not a strong endorsement. Stephens note via The Fly
• Negative Sentiment: Q4 results missed consensus: EPS $1.28 vs. $1.57 estimate and revenue $1.48B vs. $1.50B — a ~25% EPS decline year‑over‑year — which is the primary reason for today’s weakness. Earnings summary / call
• Negative Sentiment: Management warned that higher commodity costs are pressuring margins and will weigh on near‑term profitability; investors will watch cost trends closely. Seeking Alpha: commodity costs
• Negative Sentiment: Analyst sentiment is mixed: Truist trimmed its target to $186 and kept a hold rating, signaling limited near‑term upside from some shops despite other bullish calls. Truist note (via TickerReport)

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.