The leading market experts have placed a mean price target of $44.88 on Texas Roadhouse, Inc. (NASDAQ:TXRH) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.38 a share for the upcoming quarter and $1.75 for the current fiscal. Technical View The technical analysis of Texas Roadhouse, Inc. plainly substantiates that the 50-day moving average of Texas Roadhouse, Inc. is $45.78, and stock is hovering 0.59 or +1.29% distant from $45.78. It is noted that the 200-day MA is $41.95, and Texas Roadhouse, Inc. stock is $4.42 or +10.53% off from this point. Texas Roadhouse, Inc. (NASDAQ:TXRH) 52-week high is $47.33 and the 52-week low is $31.55. This explains if the stock moves $-0.96, it will post a 52-week high. In event of $+46.97% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Texas Roadhouse, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Texas Roadhouse, Inc. (NASDAQ:TXRH) ratio came in at 32.89. The stock last ended the trading session at $46.37 and registered a market cap of $3.26B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Texas Roadhouse, Inc. (NASDAQ:TXRH) PEG ratio is at 1.37.
1 Chart Pattern Every Investor Should Know