Are you interested in TXRH shares or wants to add them to your portfolio?
We will use this article to help you answer important questions about TXRH stock.
We will also conduct a 10-year price forecast for Texas Roadhouse Stock (TXRH) to guide your investment decision.
What is TXRH Stock?
TXRH Stock is a capital raising instrument of Texas Roadhouse Inc., through which shares of the company are traded in the NASDAQ exchange under the ticker symbol ‘TXRH’.
It operates restaurants under the Texas Roadhouse and Aspen Creek names and provides supervisory and services for licensed and franchise restaurants.
Founded by W. Kent Taylor on February 17, 1993 with headquarters in Louisville, Kentucky, United State, the company focused on full restaurant services.
In October 2004, Roadhouse became a listed company. The company trades shares in the NASDAQ exchange under the ticker NASDAQ:TXRH, opening with $17.50 IPO.
Does TXRH Stock Pay Dividend?
Yes, annual dividend is 1.97% while quarterly dividend amount is $ 0.46 per share. TXRH has paid a dividend within the past 3 months.
Why is TXRH Stock down Today?
There is general price inflation, especially on essential food. TXRH stock is due to inflationary pressure on beef prices. Concerns that inflation may encroach on consumers’ spending power could lead them to forgo expenses like eating at the restaurants.
What is the Future of TXRH Stock?
The TXRH commands a long term growth potential and may growth into bullish curve in the long term.
TXRH has a market cap of $6.36 billion and generates $3.46 billion in revenue each year. The restaurant operator earns $245.29 million in net income (profit) each year or $3.66 on an earnings per share basis.
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TXRH stock was traded at $89.28 at the beginning of 2022. Since then, TXRH shares value has increased by 4.5% and is now trading at $93.33.
Its profit is expected to grow by 54% over the next couple of years, making the future look bright for Texas Roadhouse because higher cash flow for the company is also expected which should cause a higher share valuation.
Will TXRH Stock Go Up?
Penworld Analysts have issued 12-month target prices for Texas Roadhouse’s shares, and the TXRH share price forecasts range approximately from $88.00 to $125.00.
On average, they predict the TXRH price to reach $106.50 in the next year.
This is an upside of 14.11% from the stock’s current price. We conclude, based on expert analysis that TXRH stock is likely to go up.
Is TXRH Stock a Good Buy Now?
The consensus among Wall Street analysts is that investors should “buy” TXRH shares.
Healthy fundamental variables suggest some growth prospect for TXRH. And this demonstrates its potential to perform above its competitors.
It currently has a Growth Score of A and received a consensus rating of Buy.
The average rating score is 2.72, and is based on 15 buy ratings, 1 hold ratings, and no sell ratings.
16 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for TXRH in the last twelve months. There are currently 1 hold ratings and 15 buy ratings for the stock.
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How You Can Buy TXRH Stock – Step-By-Step Guide
You can buy Texas Roadhouse shares through online brokerage account.
To buy TXRH, you need to follow the steps below:
Step 1: Compare Trading Platforms
This will help you make a good choice of brokerage that suits your investment target. Use some comparison tables to help you find a brokerage platform that suits your investment goal.
Step 2: Open Your Brokerage Account.
You must open a trading account with your chosen brokerage firm. Make sure the broker has access to the NASDAQ exchange.
Complete an application form online with your details and follow other procedures that may be prescribed by your broker.
Step 3: Confirm Your Payment Details.
Then, pay minimum deposit into the account in USD or you deposit sufficient money into your account so that you can trade with strong financial leverage.
Crosscheck to make sure your payment detail is correct before you make such deposit via appropriate payment means.
Step 4: Research the Stock
Conduct a research online to locate the stock you want to buy. Find the stock by name or ticker symbol, in this case – TXRH- and research it before deciding if it is a good investment for you at the time.
Step 5: Purchase Now or Later
Buy your preferred quantity of TXRH stock with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
Step 6: Monitor Your Albertsons TXRH Investment.
Optimize your portfolio by tracking your stock regularly so as to know when your investment target is attained and to know when to change investment strategy.
TXRH Stock Price Prediction 2022, 2023-2033
We applied Moving Average (MA) and Discounted Cash Flow (DCF) Models to the TXRH stock historical price/volume data.
We further evaluated the fundamentals of Texas Roadhouse (TXRH) stock to arrive at the following point price predictions.
TXRH Stock Price Prediction 2022
TXRH price is estimated to reach maximum at $112.47 by the end of 2022.
The price is estimated to drop to as low as $84.70.
Average price of TXRH is estimated at $98.59. This means the value of TXRH will reach $98.00 per share by the end of the year. Average price volatility is measured at 32.67%.
TXRH Stock Price Prediction 2023
The price of TXRH is expected to reach as high as 125.62 while the minimum value is estimated at $88.75 in the year 2023.
The average price is estimated as $107.18. We conclude that TXRH price will reach $107.00 per share in the year, as the average price volatility is measured 30.06%.
TXRH Stock Price Prediction 2024
Experts predict TXRH stock to reach a maximum trading value at $138.19 and the minimum price is projected to hit $93.80 in 2024.
Average price of TXRH is estimated at $115.60, meaning TXRH will trade at about $115.00 per share in the year. Average price volatility is measured at 34.03%.
TXRH Stock Price Prediction 2025
The year 2025 is expected to close with $145.97 as maximum and a minimum price value of $99.34.
The average price of TXRH is $122.65, with average price volatility at 33.10%. We conclude that TXRH will reach $122.00 per share in the year.
TXRH Stock Price Prediction 2026
Technical analysis by our stock experts put the range of values of TXRH in 2026 at $110.08 minimum and $158.30 maximum.
Average price of TXRH is estimated at $134.19. Average price volatility is measured at 30.16% in the year. We conclude that TXRH will trade at $134.00 per share in the year.
TXRH Stock Price Prediction 2027
In view of the projected growing fundamental of TXRH, we expect the price to maintain upside in the long term.
The price is expected to go up to a minimum of $118.76 and reaches maximum at $175.41. Average price is estimated at $147.08 in 2027 with average price volatility measured at 35.17%.
There is evidence that TXRH will trade at $147.00 per share in 2027 (by the next 5 years). We conclude that TXRH will grow by 57.59% through the next 5 years.
TXRH Stock Price Prediction 2028
In 2028 TXRH is projected to reach a maximum of $189.30 and a minimum of $130.56.
Average trading price of TXRH is estimated at $159.93, with about 30.37% average price volatility for the year. We therefore conclude that TXRH stock will trade at about $160.00 per share in year.
TXRH Stock Price Prediction 2029
Given that TXRH carries long term positive signal, we expect some upward price spiral.
In 2029 we project $136.25 minimum price and $205.64 maximum price.
Average TXRH price is estimated at $170.94, with average price volatility measured at 29.31%. We conclude that TXRH will trade at about $170.00 per share in the year.
TXRH Stock Price Prediction 2030
Experts predict that TXRH will reach maximum at $239.50 by the year 2030, with minimum price value expected at $142.79.
Average price of TXRH is estimated at $191.14, with average price volatility measured at 30.11%. We conclude that TXRH will trade at $191.00 per share in the year 2030.
TXRH Stock Price Prediction 2031
It is estimated that TXRH stock will trade between $149.12 and $271.33 by the end of 2031
On the average, TXRH price is estimated at $210.22. We conclude that TXRH will trade at about $210.00 per share in 2031; with average price volatility estimated at 31.29% during the year.
TXRH Stock Price Prediction 2032
In 2032, minimum projection is $158.38 and maximum price estimated at $297.51.
On the average, the price of TXRH is estimated at $227.94 in 2032; with average price volatility measured at 35.12%. There is evidence will trade at $227.00 per share in the year.
TXRH Stock Price Prediction 2033
Both technical and fundamental analyses of (NASDAQ:TXRH) by stock experts show that the price of TXRH will reach $172.10 minimum and $329.85 maximum.
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Average price of TXRH is estimated at $250.97; with average price volatility measured at 30.15%.
We conclude that, in the next 10 years, TXRH will trade at about $250.00 per share, which is about 168.90%% increase from today’s price of $93.33.