Texas Roadhouse Inc. ($TXRH) Stock Forecast: Down 1.8% Today

What is Texas Roadhouse Inc.?

Texas Roadhouse (TXRH) is a popular American chain restaurant known for its hand-cut steaks, ribs, and freshly baked bread. The company has been experiencing strong growth and positive market sentiment.

Why is Texas Roadhouse Inc. going down?

TXRH stock is down 1.8% on Jan 6, 2025 15:41

• The bearish movement in TXRH stock today could be attributed to profit-taking by investors after a significant 47% increase in 2024.
• Despite being considered a solid growth stock with strong same-store sales growth and operational enhancements, the stock might have been overvalued, leading to a correction.
• Investors might be cautious about the stock's future performance, especially after hitting all-time highs, prompting them to sell off their positions.
• It is essential for investors to closely monitor any upcoming financial reports or market developments to gauge the stock's potential for a rebound in the near future.

TXRH Price Chart

TXRH Technical Analysis

TXRH News

Should Investors Buy Brinker International ( EAT ) Stock Near All-Time Highs?

Hitting fresh all-time highs of nearly $140 a share on Friday, Brinker International (EAT) stock has now soared over +240% in the last year.

https://www.zacks.com/commentary/2391858/should-investors-buy-brinker-international-eat-stock-near-all-time-highs

Texas Roadhouse Stock Up 47% in 2024: Will the Rally Continue in 2025?

TXRH benefits from strong same-store sales growth, strategic unit expansion and operational enhancements.

https://www.zacks.com/stock/news/2389906/texas-roadhouse-stock-up-47-in-2024-will-the-rally-continue-in-2025

Is Texas Roadhouse ( TXRH ) a Solid Growth Stock? 3 Reasons to Think "Yes"

Texas Roadhouse (TXRH) could produce exceptional returns because of its solid growth attributes.

https://www.zacks.com/stock/news/2389644/is-texas-roadhouse-txrh-a-solid-growth-stock-3-reasons-to-think-yes

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Texas Roadhouse Inc. Price History

06.00.2025 - TXRH Stock was down 1.8%

• The bearish movement in TXRH stock today could be attributed to profit-taking by investors after a significant 47% increase in 2024.
• Despite being considered a solid growth stock with strong same-store sales growth and operational enhancements, the stock might have been overvalued, leading to a correction.
• Investors might be cautious about the stock's future performance, especially after hitting all-time highs, prompting them to sell off their positions.
• It is essential for investors to closely monitor any upcoming financial reports or market developments to gauge the stock's potential for a rebound in the near future.

19.08.2024 - TXRH Stock was up 5.1%

• TXRH stock has increased by 35% year-to-date, reflecting its emphasis on value, strategic expansion, and menu pricing discipline.
• In comparison to other retail-wholesale stocks like Petco Health & Wellness (WOOF), TXRH has demonstrated superior performance this year, highlighting its strong market position.
• The positive movement in TXRH may be due to investors' optimism about its growth potential and effective navigation of sector challenges.
• Positioned on a strong foundation with a clear growth strategy, TXRH seems to have attracted investor interest, leading to its impressive market performance today.

16.01.2024 - TXRH Stock was up 9.1%

• Texas Roadhouse witnessed significant bullish activity during the recent trading session.
• The company's fourth-quarter results surpassed expectations, displaying a remarkable 15.3% year-over-year increase in revenue which outperformed market consensus.
• This positive earnings report, combined with the substantial revenue growth, can be credited for the optimistic market movement.
• Moreover, Texas Roadhouse received an upgraded price target of $120, signifying favorable sentiment and signaling potential future expansion.

23.05.2023 - TXRH Stock was up 1.6%

• Despite the slowdown in the restaurant industry due to inflation and consumer spending, TXRH had a strong bullish movement.
• The positive movement could be attributed to the bullish market sentiment on the restaurant industry as a whole, as seen in the good growth prospects ahead for TXRH.
• Additionally, the strong performance of Darden Restaurants (DRI), which owns popular chains such as Olive Garden and LongHorn Steakhouse, could have had a spillover effect on TXRH's stock.
• The analyst's perspective on DRI's strong Q4 performance could have also influenced the bullish sentiment on TXRH.

16.01.2024 - TXRH Stock was up 8.9%

• Bullish Movement
• Strong fourth-quarter results, with revenue beating expectations and comparable restaurant sales showing growth.
• Earnings per share exceeded market estimates, indicating positive financial performance.
• The positive earnings surprise and revenue growth likely contributed to the bullish movement in the stock.
• Investor confidence in Texas Roadhouse's ability to perform well in the restaurant industry is evident from the market's reaction.

31.04.2024 - TXRH Stock was down 0.3%

• The CEO of Texas Roadhouse selling shares worth over $2.5 million could have signaled a lack of confidence in the company's future prospects, leading to a bearish sentiment among investors.
• The insider selling activity, combined with overall market uncertainty, might have contributed to the downward pressure on TXRH stock.
• Despite being mentioned as a solid restaurant stock to buy on growing sales, the insider selling and broader market conditions likely overshadowed any positive sentiment, resulting in the bearish movement of Texas Roadhouse's stock today.

16.01.2024 - TXRH Stock was up 10.5%

• During recent financial discussions, Texas Roadhouse impressed with its strong growth trajectory and expansion plans, possibly reflecting in the positive movement of its stock.
• The company's fourth-quarter results surpassed expectations, with a remarkable year-over-year revenue increase of 15.3% and a noteworthy growth in comparable restaurant sales.
• The stock enjoyed a surge, potentially influenced by favorable analyst sentiment indicated by a raised price target of $120.
• While the general market sentiment was mixed with a decline in U.S. stocks and the Dow Jones index, Texas Roadhouse stood out as a notable exception, exhibiting a substantial upward movement on Friday.

18.01.2024 - TXRH Stock was up 10.5%

• Texas Roadhouse (TXRH) experienced a strong bullish movement today.
• The bullish trend can be attributed to the company's promising future expansion plans and strong growth outlook as highlighted in its recent earnings call.
• Additionally, the stock received a price target boost to $120, further boosting investor confidence in its potential.
• The upbeat earnings report and positive market sentiment towards the restaurant industry also contributed to TXRH's upward momentum.

17.01.2024 - TXRH Stock was up 10.5%

• Texas Roadhouse experienced a bullish movement today due to several positive factors:
• Strong growth and expansion plans discussed during recent communications have boosted investor confidence.
• Analysts raised the price target for the stock to $120, reflecting optimism about its future performance.
• The announcement of a $0.61 dividend likely attracted income-seeking investors to the company.
• Overall, market sentiment towards Texas Roadhouse seems highly positive, leading to an increase in the stock price despite a wider market downturn.

27.09.2023 - TXRH Stock was up 5.2%

• The bullish movement in TXRH stock today can be attributed to the following factors:
• 1. Strong Q3 Earnings Call: Despite missing earnings estimates, the company's revenue exceeded expectations, indicating positive growth potential. This news likely instilled confidence in investors, leading to the bullish movement.
• 2. Outperforming the Industry: Despite the stock underperforming the market and the industry this year, there are signs of Texas Roadhouse outperforming its competitors. This could have sparked investor optimism and contributed to the bullish movement.
• 3. Sales Below Analyst Estimates: While the company reported sales below analyst estimates in Q3, the impact on the stock was not as negative as anticipated. This could be due to investors focusing on other positive aspects of the earnings report, such as revenue growth.
• 4. Overall Market Sentiment: The bullish movement in TXRH stock could also be influenced by positive market sentiment and investor confidence in the restaurant industry as a whole.
• In conclusion, despite some mixed news regarding earnings and sales, Texas Roadhouse's bullish movement today can be attributed to positive revenue growth, potential outperformance in the industry, and overall market sentiment.

26.06.2024 - TXRH Stock was up 5.2%

• Texas Roadhouse (TXRH) experienced a strong bullish movement today following its impressive Q2 earnings performance.
• BMO increased its target for Texas Roadhouse shares, showing confidence in the company's outlook.
• Texas Roadhouse exceeded analyst estimates for both earnings per share ($1.79 vs. $1.64) and revenue ($1.34 billion vs. $1.34 billion).
• The favorable earnings outcomes and outperformance of estimates suggest robust financial performance and growth prospects for Texas Roadhouse, resulting in heightened investor interest and a bullish market response.