Wedbush Brokers Cut Earnings Estimates for Texas Roadhouse, Inc. (NASDAQ:TXRH)

Texas Roadhouse, Inc. (NASDAQ:TXRH) – Analysts at Wedbush decreased their Q2 2025 earnings estimates for shares of Texas Roadhouse in a research note issued to investors on Tuesday, September 24th. Wedbush analyst N. Setyan now forecasts that the restaurant operator will post earnings of $1.82 per share for the quarter, down from their prior estimate of $1.92. Wedbush currently has a “Outperform” rating and a $190.00 price target on the stock. The consensus estimate for Texas Roadhouse’s current full-year earnings is $6.32 per share. Wedbush also issued estimates for Texas Roadhouse’s Q4 2025 earnings at $1.61 EPS.

A number of other analysts have also issued reports on the stock. BMO Capital Markets boosted their target price on shares of Texas Roadhouse from $145.00 to $155.00 and gave the company a “market perform” rating in a research note on Friday, July 26th. Truist Financial boosted their price objective on shares of Texas Roadhouse from $185.00 to $196.00 and gave the company a “buy” rating in a research report on Friday, July 26th. Bank of America raised their target price on shares of Texas Roadhouse from $189.00 to $205.00 and gave the stock a “buy” rating in a research report on Wednesday, July 17th. Guggenheim boosted their price target on Texas Roadhouse from $190.00 to $195.00 and gave the company a “buy” rating in a report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Texas Roadhouse from $190.00 to $193.00 and gave the stock a “buy” rating in a report on Tuesday, July 16th. Thirteen analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat, Texas Roadhouse has an average rating of “Hold” and an average target price of $172.95.

Texas Roadhouse Stock Up 0.7 %

Shares of Texas Roadhouse stock opened at $178.33 on Friday. The stock’s fifty day moving average is $168.10 and its two-hundred day moving average is $164.38. Texas Roadhouse has a 52 week low of $91.06 and a 52 week high of $180.69. The company has a market capitalization of $11.89 billion, a PE ratio of 36.10, a price-to-earnings-growth ratio of 1.59 and a beta of 0.99.

Texas Roadhouse (NASDAQ:TXRH) last released its earnings results on Thursday, July 25th. The restaurant operator reported $1.79 EPS for the quarter, beating analysts’ consensus estimates of $1.64 by $0.15. Texas Roadhouse had a return on equity of 30.94% and a net margin of 7.47%. The firm had revenue of $1.34 billion for the quarter, compared to analysts’ expectations of $1.34 billion. During the same quarter in the prior year, the firm posted $1.22 earnings per share. The company’s quarterly revenue was up 14.5% on a year-over-year basis.

Institutional Investors Weigh In On Texas Roadhouse

Several institutional investors have recently bought and sold shares of TXRH. Benjamin F. Edwards & Company Inc. increased its position in shares of Texas Roadhouse by 12.9% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 743 shares of the restaurant operator’s stock worth $128,000 after purchasing an additional 85 shares in the last quarter. Gries Financial LLC increased its position in Texas Roadhouse by 6.5% during the 2nd quarter. Gries Financial LLC now owns 1,876 shares of the restaurant operator’s stock valued at $322,000 after buying an additional 114 shares in the last quarter. Advisors Asset Management Inc. raised its stake in Texas Roadhouse by 4.8% in the first quarter. Advisors Asset Management Inc. now owns 2,679 shares of the restaurant operator’s stock valued at $414,000 after buying an additional 122 shares during the last quarter. Signaturefd LLC boosted its holdings in Texas Roadhouse by 8.0% in the second quarter. Signaturefd LLC now owns 1,883 shares of the restaurant operator’s stock worth $323,000 after acquiring an additional 140 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Texas Roadhouse in the second quarter worth about $25,000. 94.82% of the stock is currently owned by institutional investors and hedge funds.

Texas Roadhouse Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 24th. Investors of record on Wednesday, September 4th were given a dividend of $0.61 per share. The ex-dividend date of this dividend was Wednesday, September 4th. This represents a $2.44 dividend on an annualized basis and a yield of 1.37%. Texas Roadhouse’s payout ratio is 49.39%.

About Texas Roadhouse

Texas Roadhouse, Inc, together with its subsidiaries, operates casual dining restaurants in the United States and internationally. It also operates and franchises restaurants under the Texas Roadhouse, Bubba's 33, and Jaggers names in 49 states and ten internationally. Texas Roadhouse, Inc was founded in 1993 and is based in Louisville, Kentucky.