Texas Roadhouse (TXRH)

• Market cap: $10.8B
• 1 day: 0.86%
• 5 days: 0.67%
• 1 month: -5.85%
• 3 months: -9.53%
• 6 months: -11.20%
• Year to date: -10.66%
• 1 year: 8.37%
• 5 years: 248.23%
• 10 years: 360.18%
• Sector: Consumer Discretionary
• Industry: Restaurants

About: Texas Roadhouse Inc is a restaurant company operating predominantly in the casual dining segment. The company manages its restaurant and franchising operations by concept and, as a result, has identified Texas Roadhouse, Bubba's 33, Jaggers, and retail initiatives as separate operating segments. In addition, it has identified Texas Roadhouse and Bubba's 33 as reportable segments. Maximum revenue for the company is generated from the Texas Roadhouse segment, which is a moderately priced, full-service, casual dining restaurant concept offering steaks, a selection of ribs, seafood, chicken, pork chops, pulled pork, vegetable plates, and an assortment of hamburgers, salads, and sandwiches.

Employees: 95,000

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

79% more first-time investments, than exits

New positions opened: 86 | Existing positions closed: 48

19% more repeat investments, than reductions

Existing positions increased: 241 | Existing positions reduced: 202

5% more funds holding

Funds holding: 577 [Q3] → 604 (+27) [Q4]

1% more capital invested

Capital invested by funds: $10.9B [Q3] → $11B (+$101M) [Q4]

1.14% less ownership

Funds ownership: 92.29% [Q3] → 91.14% (-1.14%) [Q4]

33% less funds holding in top 10

Funds holding in top 10: 9 [Q3] → 6 (-3) [Q4]

51% less call options, than puts

Call options by funds: $51M | Put options by funds: $105M

Research analyst outlook

11 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $170 5% upside
• Avg. target: $192 19% upside
• High target: $213 32% upside

11 analyst ratings

• positive: 6 55%
• neutral: 5 45%
• negative: 0 0%

Stifel Chris O'Cull 42% 1-year accuracy 14 / 33 met price target	5% upside $170	Hold Maintained	15 Apr 2025
Baird David Tarantino 50% 1-year accuracy 15 / 30 met price target	11% upside $180	Outperform Maintained	7 Apr 2025
Wedbush Nick Setyan 36% 1-year accuracy 33 / 92 met price target	30% upside $210	Outperform Maintained	28 Mar 2025
JP Morgan John Ivankoe 69% 1-year accuracy 20 / 29 met price target	14% upside $184	Neutral Maintained	20 Mar 2025
Guggenheim Gregory Francfort 43% 1-year accuracy 6 / 14 met price target	24% upside $200	Buy Maintained	27 Feb 2025