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NASDAQ: TXRH
Texas Roadhouse Inc Stock Forecast, Predictions & Price Target

Analyst price target for TXRH

Based on 12 analysts offering 12 month price targets for Texas Roadhouse Inc.
Min Forecast
$109.00+9.34%
Avg Forecast
$119.33+19.7%
Max Forecast
$144.00+44.45%

Should I buy or sell TXRH stock?

Based on 12 analysts offering ratings for Texas Roadhouse Inc.
Buy
Strong Buy
5 analysts 41.67%
Buy
2 analysts 16.67%
Hold
5 analysts 41.67%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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TXRH stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Stephens & Co.
Top 9%
92
HoldReiterates$115.00+15.36%2023-08-31
Guggenheim
Top 20%
81
Strong BuyReiterates$130.00+30.40%2023-08-23
Wedbush
Top 41%
60
BuyReiterates$123.00+23.38%2023-07-28
Bank of America
Bottom 12%
12
Strong BuyMaintains$144.00+44.45%2023-07-21
Piper Sandler
Top 5%
96
Strong BuyInitiates Coverage On$126.00+26.39%2023-07-18
Morgan Stanley
Bottom 7%
7
HoldMaintains$110.00+10.34%2023-07-17
RBC Capital
Bottom 13%
13
HoldMaintains$109.00+9.34%2023-07-12
Wells Fargo
Top 8%
93
HoldInitiates Coverage On$113.00+13.35%2023-06-26
Stifel Nicolaus
Bottom 28%
28
HoldMaintains$110.00+10.34%2023-05-23
Truist Securities
Top 2%
99
Strong BuyMaintains$120.00+20.37%2023-05-05

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Forecast return on equity

Is TXRH forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
28.66%

Forecast return on assets

Is TXRH forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

TXRH earnings growth forecast

How is TXRH forecast to perform vs Restaurants companies and vs the US market?
Company
10.06%
Industry
10.29%
Market
20.3%
TXRH's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
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Forecast Earnings Growth vs Market Forecast
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Forecast Earnings Growth vs Savings Rate Forecast

TXRH revenue growth forecast

How is TXRH forecast to perform vs Restaurants companies and vs the US market?
Company
5.23%
Industry
5.88%
Market
8.17%
TXRH's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
TXRH's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

TXRH vs Restaurant Stocks

TickerPricePrice TargetUp/downsideConsensus
TXRH$99.69$119.33+19.70%Buy
WING$175.46$205.21+16.96%Buy
WEN$20.78$25.35+21.97%Buy
BROS$24.82$33.40+34.57%Hold
CAVA$31.73$48.88+54.03%Buy

Texas Roadhouse Stock Forecast FAQ

Is Texas Roadhouse Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 12 Wall Street analysts covering (NASDAQ: TXRH) stock is to Buy TXRH stock.

Out of 12 analysts, 5 (41.67%) are recommending TXRH as a Strong Buy, 2 (16.67%) are recommending TXRH as a Buy, 5 (41.67%) are recommending TXRH as a Hold, 0 (0%) are recommending TXRH as a Sell, and 0 (0%) are recommending TXRH as a Strong Sell.

If you're new to stock investing, here's how to buy Texas Roadhouse stock.

What is TXRH's forecast return on equity (ROE) for 2023-2026?

(NASDAQ: TXRH) forecast ROE is N/A, which is considered weak.

What is TXRH's Price Target?

According to 12 Wall Street analysts that have issued a 1 year TXRH price target, the average TXRH price target is $119.33, with the highest TXRH stock price forecast at $144.00 and the lowest TXRH stock price forecast at $109.00.

On average, Wall Street analysts predict that Texas Roadhouse's share price could reach $119.33 by Aug 31, 2024. The average Texas Roadhouse stock price prediction forecasts a potential upside of 19.7% from the current TXRH share price of $99.69.

What is TXRH's forecast return on assets (ROA) for 2023-2026?

(NASDAQ: TXRH) forecast ROA is N/A, which is lower than the forecast US Restaurants industry average of N/A.
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