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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
$86.00-13.1%
Avg Forecast
$102.33+3.41%
Max Forecast
$111.00+12.17%

Should I buy or sell TXRH stock?

Based on 13 analysts offering ratings for Texas Roadhouse Inc.
Buy
Strong Buy
6 analysts 46.15%
Buy
2 analysts 15.38%
Hold
5 analysts 38.46%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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TXRH stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Morgan Stanley
Top 24%
77
HoldMaintains$102.00+3.07%2023-01-18
Raymond James
Top 1%
100
BuyDowngrades$110.00+11.16%2023-01-17
Barclays
Top 10%
91
HoldMaintains$101.00+2.06%2023-01-05
Deutsche Bank
Top 5%
96
HoldDowngrades$101.00+2.06%2022-10-31
Baird
Top 6%
95
HoldMaintains$98.00-0.97%2022-10-28
Stephens & Co.
Top 12%
89
HoldMaintains$86.00-13.10%2022-10-28
Truist Securities
Top 1%
100
Strong BuyMaintains$110.00+11.16%2022-10-28
Wedbush
Top 26%
75
BuyMaintains$111.00+12.17%2022-10-28
Bank of America
Bottom 11%
11
Strong BuyInitiates Coverage On$96.00-2.99%2022-06-27
Citigroup
Top 16%
85
Strong BuyMaintains$103.00+4.08%2022-06-16

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Forecast return on equity

Is TXRH forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
12.46%

Forecast return on assets

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

TXRH earnings per share forecast

What is TXRH's earnings per share in the next 2 years based on estimates from 11 analysts?
Avg 1 year Forecast
$4.54+17.92%
Avg 2 year Forecast
$5.17+34.29%
TXRH's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

TXRH revenue forecast

What is TXRH's revenue in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
$4.3B+10.43%
Avg 2 year Forecast
$4.7B+20.16%
Avg 3 year Forecast
$4.5B+15%
TXRH's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

TXRH earnings growth forecast

How is TXRH forecast to perform vs Restaurants companies and vs the US market?
Company
14.64%
Industry
50.26%
Market
24.23%
TXRH's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
TXRH's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
TXRH's earnings are forecast to... subscribe to Premium to read more.
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
6.6%
Industry
6.22%
Market
9.31%
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$98.96$102.33+3.41%Buy
BROS$36.96$39.50+6.87%Buy
WING$157.83$147.93-6.27%Buy
WEN$21.49$24.44+13.72%Buy
PZZA$89.78$100.46+11.89%Strong Buy

Texas Roadhouse Stock Forecast FAQ

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

The consensus among 13 Wall Street analysts covering (NASDAQ: TXRH) stock is to Buy TXRH stock.

Out of 13 analysts, 6 (46.15%) are recommending TXRH as a Strong Buy, 2 (15.38%) are recommending TXRH as a Buy, 5 (38.46%) 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 earnings growth forecast for 2023-2024?

(NASDAQ: TXRH) Texas Roadhouse's forecast annual earnings growth rate of 14.64% is not forecast to beat the US Restaurants industry's average forecast earnings growth rate of 50.26%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 24.23%.

Texas Roadhouse's earnings in 2023 is $263,007,000.On average, 11 Wall Street analysts forecast TXRH's earnings for 2023 to be $303,792,970, with the lowest TXRH earnings forecast at $277,027,069, and the highest TXRH earnings forecast at $327,882,280.

In 2024, TXRH is forecast to generate $345,949,263 in earnings, with the lowest earnings forecast at $327,882,280 and the highest earnings forecast at $359,332,213.

What is TXRH's revenue growth forecast for 2023-2025?

(NASDAQ: TXRH) Texas Roadhouse's forecast annual revenue growth rate of 6.6% is forecast to beat the US Restaurants industry's average forecast revenue growth rate of 6.22%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.31%.

Texas Roadhouse's revenue in 2023 is $3,900,976,000.On average, 10 Wall Street analysts forecast TXRH's revenue for 2023 to be $288,262,925,725, with the lowest TXRH revenue forecast at $284,018,322,324, and the highest TXRH revenue forecast at $292,277,610,040. On average, 3 Wall Street analysts forecast TXRH's revenue for 2024 to be $313,663,899,034, with the lowest TXRH revenue forecast at $310,866,527,868, and the highest TXRH revenue forecast at $315,537,846,636.

In 2025, TXRH is forecast to generate $300,192,286,789 in revenue, with the lowest revenue forecast at $300,192,286,789 and the highest revenue forecast at $300,192,286,789.

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.

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 $102.33, with the highest TXRH stock price forecast at $111.00 and the lowest TXRH stock price forecast at $86.00.

On average, Wall Street analysts predict that Texas Roadhouse's share price could reach $102.33 by Jan 18, 2024. The average Texas Roadhouse stock price prediction forecasts a potential upside of 3.41% from the current TXRH share price of $98.96.

What is TXRH's Earnings Per Share (EPS) forecast for 2023-2024?

(NASDAQ: TXRH) Texas Roadhouse's current Earnings Per Share (EPS) is $3.85. On average, analysts forecast that TXRH's EPS will be $4.54 for 2023, with the lowest EPS forecast at $4.14, and the highest EPS forecast at $4.90. In 2024, TXRH's EPS is forecast to hit $5.17 (min: $4.90, max: $5.37).

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

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