2016 Q4 Sentiment Texas Roadhouse Inc (NASDAQ:TXRH)

July 17, 2017 - By Richard Conner

  2016 Q4 Sentiment Texas Roadhouse Inc (NASDAQ:TXRH)

Sentiment for Texas Roadhouse Inc (NASDAQ:TXRH)

Texas Roadhouse Inc (NASDAQ:TXRH) institutional sentiment decreased to 0.89 in Q4 2016. Its down -0.28, from 1.17 in 2016Q3. The ratio dived, as 119 funds increased or started new positions, while 134 cut down and sold their positions in Texas Roadhouse Inc. The funds in our partner’s database now have: 60.66 million shares, down from 61.72 million shares in 2016Q3. Also, the number of funds holding Texas Roadhouse Inc in their top 10 positions increased from 2 to 3 for an increase of 1. Sold All: 44 Reduced: 90 Increased: 78 New Position: 41.

Texas Roadhouse, Inc. is a restaurant company, which operates in the casual dining segment. The company has market cap of $3.56 billion. The Firm offers an assortment of seasoned and aged steaks, all cooked over open grills and all but one hand cut daily on the premises. It has a 31.33 P/E ratio. The Company’s restaurants offer a range of menu items at prices that are designed to appeal to a range of consumer tastes.

About 119,776 shares traded. Texas Roadhouse Inc (NASDAQ:TXRH) has risen 11.22% since July 17, 2016 and is uptrending. It has underperformed by 5.48% the S&P500.

Analysts expect Texas Roadhouse Inc (NASDAQ:TXRH) to report $0.52 EPS on August, 7.They anticipate $0.05 EPS change or 10.64 % from last quarter’s $0.47 EPS. TXRH’s profit would be $36.78 million giving it 24.20 P/E if the $0.52 EPS is correct. After having $0.61 EPS previously, Texas Roadhouse Inc’s analysts see -14.75 % EPS growth.

Sib Llc holds 8.91% of its portfolio in Texas Roadhouse Inc for 228,748 shares. Motley Fool Asset Management Llc owns 315,429 shares or 3.38% of their US portfolio. Moreover, Rr Partners Lp has 2.74% invested in the company for 1.13 million shares. The Delaware-based Kalmar Investments Inc De has invested 1.94% in the stock. Oak Ridge Investments Llc, a Illinois-based fund reported 928,365 shares.#img1#

Since January 1, 0001, it had 0 insider purchases, and 7 sales for $2.08 million activity.

Texas Roadhouse Inc (NASDAQ:TXRH) Ratings Coverage

Ratings analysis reveals 36% of Texas Roadhouse Inc.’s analysts are positive. Out of 14 Wall Street analysts rating Texas Roadhouse Inc., 5 give it “Buy”, 1 “Sell” rating, while 8 recommend “Hold”. The lowest target is $38 while the high is $56. The stock’s average target of $44.07 is -12.46% below today’s ($50.34) share price. TXRH was included in 30 notes of analysts from August 5, 2015. As per Tuesday, September 29, the company rating was initiated by Telsey Advisory Group. The firm has “Hold” rating given on Wednesday, August 5 by Deutsche Bank. The rating was upgraded by KeyBanc Capital Markets to “Overweight” on Monday, October 19. BMO Capital Markets upgraded the shares of TXRH in report on Thursday, June 22 to “Outperform” rating. The firm has “Sell” rating given on Friday, June 2 by Jefferies. The rating was downgraded by Jefferies on Tuesday, July 26 to “Underperform”. Telsey Advisory Group downgraded the shares of TXRH in report on Tuesday, July 26 to “Market Perform” rating. The rating was maintained by Maxim Group on Wednesday, December 7 with “Buy”. As per Monday, April 18, the company rating was downgraded by Raymond James. Barclays Capital maintained Texas Roadhouse Inc (NASDAQ:TXRH) on Tuesday, February 23 with “Overweight” rating.

More news for Texas Roadhouse Inc (NASDAQ:TXRH) were recently published by: Fool.com, which released: “3 Ways Texas Roadhouse Inc Is Beating the Restaurant Recession” on May 03, 2017. Nasdaq.com‘s article titled: “Texas Roadhouse, Inc. to Announce Second Quarter Earnings on July 31, 2017” and published on July 10, 2017 is yet another important article.

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