Wedbush Forecasts Strong Price Appreciation for Texas Roadhouse (NASDAQ:TXRH) Stock

Texas Roadhouse (NASDAQ:TXRH) had its price objective increased by equities researchers at Wedbush from $200.00 to $210.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage currently has an “outperform” rating on the restaurant operator’s stock. Wedbush’s target price points to a potential upside of 22.77% from the stock’s current price. Wedbush also issued estimates for Texas Roadhouse’s Q4 2025 earnings at $1.81 EPS, Q1 2026 earnings at $1.99 EPS, Q2 2026 earnings at $2.08 EPS, Q3 2026 earnings at $1.61 EPS, Q4 2026 earnings at $1.96 EPS and FY2026 earnings at $7.65 EPS.

A number of other research firms also recently issued reports on TXRH. Stephens decreased their price objective on shares of Texas Roadhouse from $186.00 to $180.00 and set an “equal weight” rating for the company in a report on Friday, February 21st. Citigroup raised their price target on shares of Texas Roadhouse from $212.00 to $213.00 and gave the stock a “buy” rating in a research note on Friday, February 21st. Guggenheim dropped their price objective on Texas Roadhouse from $205.00 to $200.00 and set a “buy” rating on the stock in a research note on Thursday, February 27th. Gordon Haskett downgraded Texas Roadhouse from a “buy” rating to a “hold” rating and set a $192.00 target price for the company. in a research report on Wednesday, January 8th. Finally, Truist Financial dropped their price target on Texas Roadhouse from $209.00 to $205.00 and set a “buy” rating on the stock in a research report on Friday, February 21st. Eleven equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $193.36.

Texas Roadhouse Stock Down 2.1 %

Shares of TXRH opened at $171.05 on Friday. The business’s fifty day moving average is $176.36 and its 200 day moving average is $181.65. Texas Roadhouse has a 12-month low of $146.75 and a 12-month high of $206.04. The stock has a market cap of $11.37 billion, a P/E ratio of 26.44, a P/E/G ratio of 1.23 and a beta of 1.00.

Texas Roadhouse (NASDAQ:TXRH) last announced its earnings results on Thursday, February 20th. The restaurant operator reported $1.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.66 by $0.07. Texas Roadhouse had a return on equity of 34.02% and a net margin of 8.07%. The company had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.41 billion. On average, analysts expect that Texas Roadhouse will post 7.23 EPS for the current year.

Insider Activity at Texas Roadhouse

In related news, CTO Hernan E. Mujica sold 2,050 shares of Texas Roadhouse stock in a transaction on Monday, February 24th. The shares were sold at an average price of $170.66, for a total value of $349,853.00. Following the transaction, the chief technology officer now owns 17,162 shares in the company, valued at $2,928,866.92. This trade represents a 10.67 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Curtis Warfield sold 4,190 shares of the company’s stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $178.80, for a total transaction of $749,172.00. Following the sale, the director now owns 10,082 shares of the company’s stock, valued at approximately $1,802,661.60. The trade was a 29.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 17,905 shares of company stock valued at $3,198,367. Corporate insiders own 0.50% of the company’s stock.

Institutional Trading of Texas Roadhouse

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Kingsview Wealth Management LLC raised its holdings in Texas Roadhouse by 3.1% during the 3rd quarter. Kingsview Wealth Management LLC now owns 1,771 shares of the restaurant operator’s stock valued at $313,000 after buying an additional 54 shares during the last quarter. Cornerstone Investment Partners LLC increased its position in shares of Texas Roadhouse by 2.7% in the fourth quarter. Cornerstone Investment Partners LLC now owns 2,159 shares of the restaurant operator’s stock valued at $390,000 after acquiring an additional 56 shares during the period. Lifestyle Asset Management Inc. raised its stake in shares of Texas Roadhouse by 3.9% during the fourth quarter. Lifestyle Asset Management Inc. now owns 1,603 shares of the restaurant operator’s stock valued at $289,000 after acquiring an additional 60 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Texas Roadhouse by 32.2% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 267 shares of the restaurant operator’s stock worth $48,000 after purchasing an additional 65 shares during the period. Finally, Coppell Advisory Solutions LLC grew its stake in shares of Texas Roadhouse by 56.8% in the fourth quarter. Coppell Advisory Solutions LLC now owns 196 shares of the restaurant operator’s stock worth $35,000 after purchasing an additional 71 shares during the last quarter. Institutional investors own 94.82% of the company’s stock.

Texas Roadhouse Company Profile

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.