On Oct 26, major Wall Street analysts update their ratings for $Texas Roadhouse (TXRH.US)$, with price targets ranging from $185 to $205.
Morgan Stanley analyst Brian Harbour maintains with a hold rating, and adjusts the target price from $200 to $205.
BofA Securities analyst Sara Senatore maintains with a buy rating.
Evercore analyst David Palmer maintains with a buy rating, and maintains the target price at $200.
Oppenheimer analyst Brian Bittner maintains with a hold rating.
RBC Capital analyst Logan Reich maintains with a hold rating, and adjusts the target price from $175 to $185.
Furthermore, according to the comprehensive report, the opinions of $Texas Roadhouse (TXRH.US)$'s main analysts recently are as follows:
Texas Roadhouse delivered a robust financial performance this quarter, which, while in line with forecasts, still stands out. This leads to a modest increase in projections, with the expectation that they will surpass the prevailing market consensus.
The company's Q3 performance was robust despite not meeting earnings expectations due to headwinds from labor and taxes.
Texas Roadhouse's Q3 results showcased continued robust same-store sales momentum and restaurant margin growth. The outlook for 2025 commodities was more favorable than expected, which is promising. The company is experiencing strong traffic gains and has seen accelerating trends to date, despite challenging economic conditions and tougher comparisons. There is optimism for sustained leading traffic momentum, potential for earnings growth over multiple years, and a return to sustainable margins in the 17%-18% range.
Texas Roadhouse demonstrated robust momentum with comps that quickened throughout the quarter, and customer traffic that saw an approximate 100 bps increase into October. The company is also witnessing improvements in labor productivity, with labor hour growth and traffic growth remaining below 30% in the third quarter, fostering operational leverage.
The company's third-quarter earnings did not meet expectations due to increased depreciation and amortization, taxes, and insurance adjustments. Despite these challenges, the company has demonstrated commendable comparable sales growth. However, there is caution regarding the stock's high multiple and the suggestion that the consensus earnings per share forecast for 2025 may be overly optimistic.
Here are the latest investment ratings and price targets for $Texas Roadhouse (TXRH.US)$ from 5 analysts:
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美東時間10月26日,多家華爾街大行更新了$德州公路酒吧 (TXRH.US)$的評級,目標價介於185美元至205美元。
摩根士丹利分析師Brian Harbour維持持有評級,並將目標價從200美元上調至205美元。
美銀證券分析師Sara Senatore維持買入評級。
Evercore分析師David Palmer維持買入評級,維持目標價200美元。
奧本海默控股分析師Brian Bittner維持持有評級。
加皇資本市場分析師Logan Reich維持持有評級,並將目標價從175美元上調至185美元。
此外,綜合報道,$德州公路酒吧 (TXRH.US)$近期主要分析師觀點如下:
德州公路酒吧在本季度取得了強勁的財務業績,與預測相符,仍然脫穎而出。這導致了對預期的適度增加,預計他們將超過當前市場共識。
儘管未達到盈利預期,但該公司第三季度業績表現強勁,受勞動力和稅收風險的影響。
德州公路酒吧第三季度的結果展現了持續強勁的同店銷售勢頭和餐廳利潤增長。2025年商品前景比預期更爲有利,令人鼓舞。儘管經濟條件嚴峻,難度較大,但公司正在經歷強勁的客流增長,迄今爲止一直看到加速的趨勢。對於持續領先的客流勢頭,未來多年盈利增長潛力和恢復至17%-18%區間可持續利潤的樂觀態度。
德州公路酒吧展示了強勁的動力,同店比在整個季度內加快,顧客流量在10月增加了約100個點子。公司也正在見證勞動生產力的改善,第三季度勞動小時增長和客流增長保持在30%以下,促進了運營槓桿效應。
由於折舊與攤銷、稅收和保險調整增加,公司第三季度盈利未達預期。儘管面臨這些挑戰,公司展示了值得稱讚的可比銷售增長。然而,對於股票的高倍數存在謹慎,認爲2025年每股盈利共識預測可能過於樂觀。
以下爲今日5位分析師對$德州公路酒吧 (TXRH.US)$的最新投資評級及目標價:
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