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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 $154.27, up 1.35% from the previous day, and has increased 47.53% in one year. It has overperformed other stocks in the Restaurants industry by 0.06 percentage points. Texas Roadhouse stock is currently +69.42% from its 52-week low of $91.06, and -1.81% from its 52-week high of $157.12.

At the moment, there are 66.83M shares of TXRH outstanding. The market capitalization of TXRH is $10.31B. In the last 24 hours, 536,106 TXRH shares were traded.

How to Buy Texas Roadhouse Stock

Wondering how to invest in Texas Roadhouse stock? Here's how.
  1. 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.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your investment account: Choose your method of payment and add your info.
  4. 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).
  5. 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.
  6. 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.

A brokerage account allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 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.

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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:

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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 Price
$154.27
1w %
-0.14%
1y %
47.53%
5y %
151.83%
P/E
33.83x
P/B
9.03x
P/S
2.23x
PEG
2.84x
Revenue
$4.63B
Earnings
$304.88M
Fore. Rev. Growth
9.97%
Fore. Earn. Growth
11.9%
Market Cap
$10.31B
Next Earnings
May 2, 2024
Next Dividend
N/A

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 33.83x, relative to Restaurants industry P/E ratio of 49.6x
  • TXRH could be undervalued based on its P/B ratio of 9.03x, relative to Restaurants industry P/B ratio of -396.26x
  • TXRH could be overvalued based on its PEG ratio of 2.84x

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 $564.98M allows it to safely service it's debt of $770.89M.
  • TXRH earnings of $346.54M 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 1.43.
  • 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 6.6% 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

Andrew Strelzik, a top 11% analyst from BMO Capital maintains TXRH with a hold rating and raises their TXRH price target from $110.00 to $130.00, on Feb 16, 2024.

Jake Bartlett, a top 1% analyst from Truist Securities maintains TXRH with a strong buy rating and raises their TXRH price target from $137.00 to $152.00, on Feb 16, 2024.

Joshua Long, a top 3% analyst from Stephens & Co. maintains TXRH with a hold rating and raises their TXRH price target from $105.00 to $135.00, on Feb 16, 2024.

An analyst from Wedbush maintains TXRH with a buy rating and raises their TXRH price target from $145.00 to $160.00, on Feb 16, 2024.

Nick Setyan, a top 10% analyst from Wedbush maintains TXRH with a buy rating and raises their TXRH price target from $130.00 to $145.00, on Feb 7, 2024.

You can dig deeper into what analysts are projecting on the Texas Roadhouse stock forecast page.

TXRH Momentum

SMA10
152.99
SMA20
151.68
SMA50
140.39
SMA100
127.23
SMA200
115.92
MACD
3.4
MACD Signal
4.12
MACD Histogram
-0.72
RSI
66.11
Stochastic %K
57.25
Stochastic %D
55.16
StochRSI %K
14.17
StochRSI %D
6.6

TXRH Performance Numbers

Last year, TXRH earnings were $304.88M. In the last five year, TXRH's earnings have gone up by 15.59% per year. This was slower than the Restaurants industry average of 15.93%.

Last year, TXRH revenue was $4.63B. Over the past five year, TXRH's revenue has increased by 13.51% per year. This was faster than the Restaurants industry average of 9.1%.

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.

Donna E. Epps, Director of TXRH, was the latest TXRH insider to sell. They sold $100,479.90 worth of TXRH shares on Mar 7, 2024.

Dig into more about who owns TXRH stock here.

Does TXRH stock generate passive income?

Texas Roadhouse pays a dividend of 1.46%, 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 $14.65 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.

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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.

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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:

  1. Decide where to buy Texas Roadhouse stock
  2. Create a brokerage account
  3. Deposit funds into your investment account
  4. Research Texas Roadhouse stock
  5. Make your TXRH trade
  6. Get updates on your investment in TXRH

If you are looking for a brokerage account, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep an eye on your investment in Texas Roadhouse, click the button below.

NASDAQ: TXRH
$154.27+2.05 (+1.35%)
Updated Mar 27, 2024
Open eToro Account
NASDAQ: TXRH
$154.27+2.05 (+1.35%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Texas Roadhouse share?

As of Mar 27, 2024, it costs $154.27 to buy one share of Texas Roadhouse stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.648 shares of TXRH.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Texas Roadhouse stock?

According to 11 Wall Street analysts who monitor Texas Roadhouse, their consensus recommendation is to buy Texas Roadhouse stock.

What is the best way to buy Texas Roadhouse stock?

One way to place an order for Texas Roadhouse stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.