How to Buy Texas Roadhouse Stock
Texas Roadhouse Inc
Texas Roadhouse, Inc. , together with its subsidiaries, operates casual dining restaurants in the United States and internationally.
Texas Roadhouse stock last closed at $112.05, down 0.69% from the previous day, and has increased 14.08% in one year. It has underperformed other stocks in the Restaurants industry by 0.02 percentage points. Texas Roadhouse stock is currently +23.98% from its 52-week low of $90.38, and -5.17% from its 52-week high of $118.16.
At the moment, there are 66.78M shares of TXRH outstanding. The market capitalization of TXRH is $7.48B. In the last 24 hours, 660,564 TXRH shares were traded.
How to Buy Texas Roadhouse Stock
Wondering how to invest in Texas Roadhouse stock? Here's how.
- Decide where to buy Texas Roadhouse stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you decide where to buy Texas Roadhouse stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Choose your method of payment and add your info.
- Research Texas Roadhouse stock: The Texas Roadhouse ticker symbol is TXRH. Is Texas Roadhouse stock a good investment? Should you buy shares of TXRH? How do TXRH's underlying business fundamentals look? Do top analysts think Texas Roadhouse is a good buy? Why has TXRH's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if TXRH is a good stock to buy).
- Make your TXRH trade: Decide if you will purchase TXRH shares at the current market price or use a limit order to purchase TXRH shares at a particular price.
- Get updates on your investment in TXRH: Create a watchlist to monitor your investment in Texas Roadhouse stock.
Step 1: Decide where to buy Texas Roadhouse stock
You need an online brokerage account in order to access the NASDAQ market and buy TXRH stock.
Our recommended brokerage: eToro
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Get $10 towards your share purchase by creating an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the right brokerage, you'll need to fill out some personal info so you are able to invest in TXRH today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to open your new trading account.
- Submit your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have created your account on our top ranked stock market app, you need to deposit funds:
Check out the video below for more details depositing money into your new investment account.
Step 4: Research Texas Roadhouse stock
After you have identified the best place to buy Texas Roadhouse stock, it's critical to evaluate their stock before you buy, so you actually comprehend the risk as well as the opportunity.
Texas Roadhouse stock quick numbers
TXRH Fundamentals
WallStreetZen was built to help part-time investors perform more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on TXRH's stock page.
Is TXRH stock properly valued?
Analysts use many financial metrics, analyses, models, and charts to gauge TXRH's intrinsic value.
Using relative valuations ratios:
- TXRH could be undervalued based on its P/E ratio of 25.58x, relative to Restaurants industry P/E ratio of 40.85x
- TXRH could be undervalued based on its P/B ratio of 6.78x, relative to Restaurants industry P/B ratio of -395.75x
- TXRH could be overvalued based on its PEG ratio of 2.61x
You can access additional valuation research on TXRH's stock here.
Is TXRH a healthy company?
Passed Health Checks:
- TXRH's operating cash flow of $507.41M allows it to safely service it's debt of $757.35M.
- TXRH earnings of $332.31M is not enough to cover its interest payments.
Failed Health Checks:
- There are more long-term liabilities than short-term assets on the TXRH balance sheet.
- TXRH has a relatively high debt to equity ratio of 1.29.
- Total TXRH debt is higher than 5 years ago, relative to shareholder equity.
- There are more short-term liabilities than short-term assets on the TXRH balance sheet.
- TXRH profit margin has gone down from 6.7% to 6.5% in the past year.
Is it a good time to buy Texas Roadhouse stock, according to Wall Street analysts?
Out of 11 sell side analysts who research TXRH, the consensus analyst rating on TXRH is a Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
Latest TXRH Analyst Upgrades/Downgrades
Joshua Long, a top 5% analyst from Stephens & Co. reiterates TXRH with a hold rating and maintains their TXRH price target from $115.00 to $115.00, on Aug 31, 2023.
Gregory Francfort, a top 17% analyst from Guggenheim reiterates TXRH with a strong buy rating and maintains their TXRH price target from $130.00 to $130.00, on Aug 23, 2023.
Nick Setyan, a top 18% analyst from Wedbush reiterates TXRH with a buy rating and maintains their TXRH price target from $123.00 to $123.00, on Jul 28, 2023.
Sara Senatore, a bottom 13% analyst from Bank of America maintains TXRH with a strong buy rating and raises their TXRH price target from $125.00 to $144.00, on Jul 21, 2023.
Brian Mullan, a top 6% analyst from Piper Sandler initiates coverage on TXRH with a strong buy rating and announces their TXRH price target of $126.00, on Jul 18, 2023.
You can dig deeper into what analysts are projecting on the Texas Roadhouse stock forecast page.
TXRH Momentum
TXRH Performance Numbers
Last year, TXRH earnings were $292.32M. In the last five year, TXRH's earnings have gone up by 14.87% per year. This was faster than the Restaurants industry average of 14.34%.
Last year, TXRH revenue was $4.48B. Over the past five year, TXRH's revenue has increased by 13.31% per year. This was faster than the Restaurants industry average of 8.28%.
Dig into TXRH's earnings and revenue performance here.
Latest Insiders Trades at TXRH
Over the past year, insiders at TXRH have sold more shares than they have bought.
Gerald L. Morgan, CHIEF EXECUTIVE OFFICER of TXRH, was the latest TXRH insider to sell. They sold $562,700.00 worth of TXRH shares on Nov 24, 2023.
Dig into more about who owns TXRH stock here.
Does TXRH stock generate passive income?
Texas Roadhouse pays a dividend of 1.88%, compared to the Restaurants industry's average dividend yield of 2.65%. If you owned $1,000 worth of TXRH stock, you would have been paid $18.83 last year.
Texas Roadhouse dividend payments have consistently grown over the past decade and have remained stable.
Find more analysis about Texas Roadhouse dividend yield and history here.
What do other traders have to say about TXRH?
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your TXRH trade
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally the best for newer investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount, use a limit order.
Hit the Open Trade button and eToro will place the order.
If you need additional assistance buying stocks on eToro, watch the helpful video below:
Step 6: Get updates on your investment in TXRH
Now that you own some shares in TXRH, you'll want to stay up-to-date on your investment.
Add TXRH to a watchlist to get the latest updates about your TXRH stock.
TXRH Feed
How to Buy Stock in Texas Roadhouse
To reiterate, here are the 6 steps to buy stock in Texas Roadhouse:
- Decide where to buy Texas Roadhouse stock
- Create a brokerage account
- Deposit funds into your investment account
- Research Texas Roadhouse stock
- Make your TXRH trade
- Get updates on your investment in TXRH
If you are looking for a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep an eye on your investment in Texas Roadhouse, click the button below.
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