Texas Roadhouse Inc (TXRH) Is Not Likely To Be The Same Tomorrow

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Recently, Yahoo Finance discussed the stock, revealing that Texas Roadhouse, Inc. Announces Quarterly Dividend.

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Stocks Info

Texas Roadhouse Inc is listed on the NASDAQ in the Consumer Cyclical sector while operating in the Restaurants industry. At the end of the last regular session, the stock closed at $118.20 and fluctuated between $118.63 as its day high and $117.13 as its day low. The current market capitalization of Texas Roadhouse Inc is $7.89B. A total of 0.7 million shares were traded on the day, compared to an average of 942.91K shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, TXRH has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 6 BUYs and 16 SELLs from insiders. Insiders purchased 31,100 shares during that period but sold 38,925.

In the most recent transaction, Colson Christopher C. sold 2,011 shares of TXRH for 119.19 per share on Jan 09. After the transaction, the CHIEF LEGAL & ADMIN OFFICER now owns 6,500 company shares. In a previous transaction on Dec 19, Morgan Gerald L. sold 5,000 shares at 118.26 per share. TXRH shares that CHIEF EXECUTIVE OFFICER owns now total 79,824.

Among the insiders who sold shares, Morgan Gerald L. disposed of 5,000 shares on Dec 04 at a per-share price of $115.26. This resulted in the CHIEF EXECUTIVE OFFICER holding 84,824 shares of TXRH after the transaction. In another insider transaction, Morgan Gerald L. sold 5,000 shares at $112.54 per share on Nov 24. Company shares held by the CHIEF EXECUTIVE OFFICER now total 89,824.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Texas Roadhouse Inc pays an annual dividend of $2.20, resulting in a dividend yield of 1.86%, and it has a price to earnings (P/E) ratio of 27.18. TXRH’s most recent ex-dividend date was 12/5/2023 when it declared a $0.55 quarterly dividend that was paid in cash on 12/26/2023. Previously, the company paid the dividend on 9/26/2023 with an ex-dividend date of 9/5/2023. The TXRH stock dividend was $0.55 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for TXRH in the last 3 months, the mean price target is $120.26 with high estimates of $145.00 and low estimates of $100.00. In terms of 52-week highs and lows, TXRH has a high of $124.02 and a low of $91.06.

As of this writing, TXRH has an earnings estimate of $1.07 per share for the current quarter. EPS was calculated based on a consensus of 26 estimates, with a high estimate of $1.19 per share and a lower estimate of $1. The company reported an EPS of $1.22 in the last quarter, which was 1.70% higher than expectations of $1.2.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. TXRH’s latest balance sheet shows that the firm has $335.64M in Cash & Short Term Investments as of fiscal 2021. There were $744.84M in debt and $602.14M in liabilities at the time. Its Book Value Per Share was $16.53, while its Total Shareholder’s Equity was $1.07B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TXRH is Buy with a score of 3.82.

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