The leading market experts have placed a mean price target of $45.56 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 $1.78 for the current fiscal.
The technical analysis of Texas Roadhouse, Inc. plainly substantiates that the 50-day moving average of Texas Roadhouse, Inc. is $45.71, and stock is trading $-1.68 points away or -3.68% from its 50-day moving average of $45.71. Further it is trading $-0.04 or -0.09% away its 200-day moving average of $44.07. Texas Roadhouse, Inc. (NASDAQ:TXRH) 52-week high is $49.00 and the 52-week low is $33.06.
This explains if the stock moves $-4.97, it will post a 52-week high. In event of +33.18% 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 27.69.
The stock last ended the trading session at $44.03 and registered a market cap of $3.10B. 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 1.31.
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