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Benchmark Co. Maintains Texas Roadhouse(TXRH.US) With Hold Rating

Futu News ·  Oct 28 20:31  · Ratings

Benchmark Co. analyst Todd Brooks maintains $Texas Roadhouse (TXRH.US)$ with a hold rating.

According to TipRanks data, the analyst has a success rate of 38.2% and a total average return of -2.0% over the past year.

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Furthermore, according to the comprehensive report, the opinions of $Texas Roadhouse (TXRH.US)$'s main analysts recently are as follows:

  • Texas Roadhouse's recent financial performance was notably strong, even if it aligned with expectations. This has led to a slight increase in forecasts, which continue to be more optimistic than the broader market consensus.

  • The company's third-quarter performance was described as 'very strong', despite not meeting earnings expectations due to labor and tax challenges.

  • Texas Roadhouse's Q3 outcomes exhibited continued strong momentum in same-store sales and an expansion of restaurant margins. The 2025 commodity guidance was more favorable than expected. Observations point to robust gains in traffic, coupled with accelerating trends quarter-to-date, despite challenging economic conditions and more strenuous comparisons. There is a belief in the sustained momentum in customer traffic, the potential for multiyear earnings growth, and a return to sustainable margins of 17%-18%, all of which underpin the prospects for upside.

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.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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