Texas Roadhouse, Inc., together with its subsidiaries, operates full-service casual dining restaurants in the United States and internationally. The company operates and franchises its restaurants under the Texas Roadhouse name. It also operates sports restaurants under the Bubbas 33 name. In addition, the company provides supervisory and administrative services for other franchise restaurants. As of May 2, 2016, it owned and operated 495 restaurants in 49 states and 5 countries. The company was founded in 1993 and is based in Louisville, Kentucky.
Analyst Upgrade/Downgrade Update Brokerage firm: Maxim Group Change: Upgrade Previous Rating: Hold Current Rating: Buy Previous Price Target: N/A Current Price Target: $48
Recent Insider Trading: Quite a few shares sold (100,000) by a 10% owner, but a very small % of their position (4.1M after selling).
On the other hand, shares of Texas Roadhouse ($TXRH) may come under pressure after the restaurant chain reported weaker than expected fourth quarter results.
I think near a swing point with the blue trend line Every day for the last week+ has seen persistent volume. The evidence for a swing is supported by the hourly chart (so you see the last quarter-year volume profile) with a low volume node. Weekly chart to see this stock has an uptrend Worries about a peak here are allayed by the recent volume uptick.
This stock is amazing, for a steak restaurant. Right now hoping I can get it on a pull back to below $71 in the next couple of weeks. Ever since the ER where it missed EPS, it's been straight up.
Yeah no Texas Roadhouse at where I live and I have never eaten there, but this is definitely one of the best performing restaurant stocks on my watchlist
