TXRH Stock Summary and Trading Ideas (Texas Roadhouse | NASDAQ:TXRH)

Texas Roadhouse Inc is a restaurant company operating predominately in the casual dining segment. The company's operating segment includes Texas Roadhouse; Bubba's 33 and others. It generates maximum revenue from the Texas Roadhouse segment.

Texas Roadhouse trades on the NASDAQ stock market under the symbol TXRH.

As of April 19, 2024, TXRH stock price climbed to $150.73 with 598,404 million shares trading.

TXRH has a beta of 0.80, meaning it tends to be less sensitive to market movements. TXRH has a correlation of 0.19 to the broad based SPY ETF.

TXRH has a market cap of $10.07 billion. This is considered a Large Cap stock.

Last quarter Texas Roadhouse reported $1 billion in Revenue and $1.08 earnings per share. This beat revenue expectation by $4 million and exceeded earnings estimates by $.02.

In the last 3 years, TXRH stock traded as high as $157.12 and as low as $68.58.

The top ETF exchange traded funds that TXRH belongs to (by Net Assets): VTI, IJH, VB, VXF, VBK.

TXRH has outperformed the market in the last year with a price return of +40.1% while the SPY ETF gained +21.2%. TXRH has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +27.4% and +0.5%, respectively, while the SPY returned +3.0% and -4.5%, respectively.

TXRH support price is $148.53 and resistance is $152.40 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TXRH stock will trade within this expected range on the day.