Loop Capital analyst Alton Stump maintains $Texas Roadhouse (TXRH.US)$ with a buy rating, and maintains the target price at $209.
According to TipRanks data, the analyst has a success rate of 56.8% and a total average return of 3.3% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Texas Roadhouse (TXRH.US)$'s main analysts recently are as follows:
Texas Roadhouse's recent quarterly performance was notably robust, even if it aligned with predictions. Subsequent adjustments have been made to reflect a modestly more optimistic outlook, with projections now sitting above the general market consensus.
The company's Q3 performance was robust despite not meeting earnings expectations due to challenges with labor and taxes.
Texas Roadhouse's third-quarter performance showcased considerable same-store sales growth and an increase in restaurant margins. The outlook for 2025 commodities was more favorable than expected, bolstering confidence. Notably, the company has experienced robust traffic improvements and has maintained positive trends even amidst challenging economic conditions and tougher comparisons. The sustained momentum in customer traffic, coupled with the potential for multiyear earnings growth and achievable margins in the range of 17%-18%, underpin the prospects for appreciation.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
