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

Texas Roadhouse (NASDAQ:TXRH) had its price target dropped by investment analysts at Citigroup from $190.00 to $184.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has a “neutral” rating on the restaurant operator’s stock. Citigroup’s price target points to a potential upside of 2.90% from the stock’s current price.

TXRH has been the topic of several other reports. KeyCorp reaffirmed a “sector weight” rating on shares of Texas Roadhouse in a report on Friday. Royal Bank Of Canada reduced 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 research report on Friday, November 7th. Stephens lifted their price target on Texas Roadhouse from $168.00 to $180.00 and gave the stock an “equal weight” rating in a research note on Friday. BTIG Research restated a “buy” rating and set a $200.00 price objective on shares of Texas Roadhouse in a research note on Friday. Finally, UBS Group reiterated a “buy” rating on shares of Texas Roadhouse in a research report on Monday, November 10th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and twelve have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $196.82.

Texas Roadhouse Stock Performance

Shares of NASDAQ:TXRH traded down $3.71 during trading on Friday, hitting $178.82. The company’s stock had a trading volume of 2,814,863 shares, compared to its average volume of 1,029,868. The company has a market capitalization of $11.83 billion, a PE ratio of 27.34, a PEG ratio of 3.05 and a beta of 0.88. Texas Roadhouse has a fifty-two week low of $148.73 and a fifty-two week high of $199.99. The stock’s 50-day moving average price is $180.60 and its two-hundred day moving average price is $173.58.

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

Insiders Place Their Bets

In other Texas Roadhouse news, CEO Gerald L. Morgan sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $196.00, for a total value of $980,000.00. Following the sale, the chief executive officer owned 91,774 shares in the company, valued at approximately $17,987,704. This trade represents a 5.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Gregory N. Moore sold 1,400 shares of the business’s stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $5,465,500. This represents a 4.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 12,400 shares of company stock worth $2,320,920. Insiders own 0.50% of the company’s stock.

Institutional Investors Weigh In On Texas Roadhouse

Hedge funds and other institutional investors have recently modified their holdings of the stock. Elyxium Wealth LLC bought a new position in Texas Roadhouse in the 4th quarter valued at about $25,000. Caldwell Trust Co acquired a new position in shares of Texas Roadhouse during the second quarter valued at approximately $28,000. Princeton Global Asset Management LLC bought a new stake in Texas Roadhouse during the fourth quarter worth approximately $31,000. Measured Wealth Private Client Group LLC acquired a new stake in Texas Roadhouse in the third quarter worth approximately $33,000. Finally, Garton & Associates Financial Advisors LLC bought a new position in Texas Roadhouse during the 4th quarter valued at $34,000. 94.82% of the stock is currently owned by institutional investors.

Key Stories Impacting Texas Roadhouse

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.