Oppenheimer analyst Brian Bittner maintained a Hold rating on Texas Roadhouse (NASDAQ: TXRH) today. The company’s shares opened today at $64.74, close to its 52-week high of $66.77.
According to TipRanks.com, Bittner is a 5-star analyst with an average return of 11.8% and a 71.7% success rate. Bittner covers the Services sector, focusing on stocks such as Restaurant Brands International, Jack In The Box Inc, and Cheesecake Factory.
Texas Roadhouse has an analyst consensus of Moderate Buy, with a price target consensus of $67.33.
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Based on Texas Roadhouse’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $54.54 million. In comparison, last year the company had a net profit of $34.31 million.
Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is negative on the stock.
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Texas Roadhouse, Inc. is a full-service, casual dining restaurant chain, which offers assorted seasoned and aged steaks hand-cut daily on the premises and cooked to order over open gas-fired grills. It operates restaurants under the Texas Roadhouse and Aspen Creek names.
