Texas Roadhouse Inc (NASDAQ: TXRH) has reported E.P.S. of $1.80 for its second fiscal quarter (ending June 30) versus $1.23 for the same period a year ago — an increase of 46%. Relative to the consensus estimate of $1.62, this was a premium of $0.18. E.P.S. were $5.53 for the latest four quarters through June 30 versus $4.34 for the same period a year ago — an increase of 27%.
Recent Price Action
Texas Roadhouse Inc (NASDAQ: TXRH) stock closed at $166.02 on 7/25/24 after a modest gain of 0.3%. Moreover, this advance was accompanied by exceptionally high trading volume at 210% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -3.2% 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 (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 21 but a very high Power Rating of 88, triggering the Neutral Value Trend Rating.
Rating Review
In light of this encouraging new earnings information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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