For its third fiscal quarter (ending September 30), Texas Roadhouse Inc (NASDAQ: TXRH) has reported a 32% increase in E.P.S. from $0.96 a year ago to $1.27 in the current quarter. For the latest four quarters through September 30, E.P.S. were $5.84 compared to $4.36 a year ago — an increase of 34%.
Recent Price Action
Texas Roadhouse Inc (NASDAQ: TXRH) stock closed at $180.90 on 10/24/24 after an increase of 1.1%. Moreover, this advance was accompanied by exceptionally high trading volume at 234% of normal. Relative to the market the stock has been strong over the last nine months but has declined -1.0% during the last week.
Current PriceTarget Research Rating
TXRH is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Texas Roadhouse has a current Value Trend Rating of C (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Texas Roadhouse has a poor Appreciation Score of 24 but a good Power Rating of 72, and the Low Neutral Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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