Texas Roadhouse (NASDAQ:TXRH – Get Free Report) posted its quarterly earnings results on Thursday. The restaurant operator reported $1.26 EPS for the quarter, missing analysts’ consensus estimates of $1.33 by ($0.07), Briefing.com reports. Texas Roadhouse had a return on equity of 30.94% and a net margin of 7.47%. The business had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.27 billion. During the same period in the prior year, the firm posted $0.95 earnings per share. The firm’s revenue for the quarter was up 13.5% on a year-over-year basis.
Texas Roadhouse Trading Up 3.7 %
Shares of Texas Roadhouse stock traded up $6.67 during trading on Friday, hitting $187.57. 956,862 shares of the stock traded hands, compared to its average volume of 769,887. The firm has a market cap of $12.51 billion, a P/E ratio of 33.99, a price-to-earnings-growth ratio of 1.61 and a beta of 0.99. Texas Roadhouse has a 52-week low of $93.79 and a 52-week high of $189.97. The stock’s fifty day simple moving average is $172.00 and its 200 day simple moving average is $168.06.
Texas Roadhouse Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, September 24th. Stockholders of record on Wednesday, September 4th were paid a dividend of $0.61 per share. The ex-dividend date was Wednesday, September 4th. This represents a $2.44 annualized dividend and a dividend yield of 1.30%. Texas Roadhouse’s dividend payout ratio is currently 44.28%.
Analysts Set New Price Targets
Check Out Our Latest Stock Report on TXRH
About Texas Roadhouse
Texas Roadhouse, Inc, together with its subsidiaries, operates casual dining restaurants in the United States and internationally. It also operates and franchises restaurants under the Texas Roadhouse, Bubba's 33, and Jaggers names in 49 states and ten internationally. Texas Roadhouse, Inc was founded in 1993 and is based in Louisville, Kentucky.
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