After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Yahoo Finance discussed the stock recently as it posted Texas Roadhouse, Inc. Announces Fourth Quarter 2023 Results.
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Stocks Info
This NASDAQ-listed company operates within the Restaurants industry segment, falling under the Consumer Cyclical sector. The current market capitalization of Texas Roadhouse Inc is $9.86B. A total of 2.8 million shares were traded on the day, compared to an average of 811.84K shares.
Insider Activity
Insider trades can also provide insight into a stock’s future direction. 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 5 BUYs and 15 SELLs from insiders. Insiders purchased 27,900 shares during that period but sold 35,725.
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 income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Texas Roadhouse Inc pays an annual dividend of $2.20, resulting in a dividend yield of 1.49%, and it has a price to earnings (P/E) ratio of 32.54. TXRH’s most recent ex-dividend date was 3/12/2024 when it declared a $0.61 quarterly dividend that was paid in cash on 3/26/2024. Previously, the company paid the dividend on 12/26/2023 with an ex-dividend date of 12/5/2023. The TXRH stock dividend was $0.55 per share in cash.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for TXRH in the last 3 months, the mean price target is $144.30 with high estimates of $165.00 and low estimates of $110.00. In terms of 52-week highs and lows, TXRH has a high of $136.02 and a low of $91.06.
As of this writing, TXRH has an earnings estimate of $1.44 per share for the current quarter. EPS was calculated based on a consensus of 22 estimates, with a high estimate of $1.54 per share and a lower estimate of $1.36. The company reported an EPS of $0.95 in the last quarter, which was -10.40% lower than expectations of $1.06.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. 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
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. 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 3.91.
