Texas Roadhouse Inc 2016 Q4 Institutional Investor Sentiment Worse Than Expected

July 17, 2017 - By Stephen Andrade

 Texas Roadhouse Inc  2016 Q4 Institutional Investor Sentiment  Worse Than Expected

Sentiment for Texas Roadhouse Inc (NASDAQ:TXRH)

Texas Roadhouse Inc (NASDAQ:TXRH) institutional sentiment decreased to 0.89 in Q4 2016. Its down -0.28, from 1.17 in 2016Q3. The ratio has dropped, as 119 investment managers opened new and increased stock positions, while 134 decreased and sold equity positions in Texas Roadhouse Inc. The investment managers in our partner’s database now have: 60.66 million shares, down from 61.72 million shares in 2016Q3. Also, the number of investment managers holding Texas Roadhouse Inc in their top 10 stock positions increased from 2 to 3 for an increase of 1. Sold All: 44 Reduced: 90 Increased: 78 New Position: 41.

Texas Roadhouse, Inc. is a restaurant company, which operates in the casual dining segment. The company has market cap of $3.56 billion. The Firm offers an assortment of seasoned and aged steaks, all cooked over open grills and all but one hand cut daily on the premises. It has a 31.33 P/E ratio. The Company’s restaurants offer a range of menu items at prices that are designed to appeal to a range of consumer tastes.

About 119,776 shares traded. Texas Roadhouse Inc (NASDAQ:TXRH) has risen 11.22% since July 17, 2016 and is uptrending. It has underperformed by 5.48% the S&P500.

Wall Street await Texas Roadhouse Inc (NASDAQ:TXRH) to release earnings on August, 7. Analysts forecast earnings per share of $0.52, up exactly $0.05 or 10.64 % from 2014’s $0.47 EPS. The expected TXRH’s profit could reach $36.77 million giving the stock 24.20 P/E in the case that $0.52 earnings per share is reported. After posting $0.61 EPS for the previous quarter, Texas Roadhouse Inc’s analysts now forecast -14.75 % negative EPS growth.

Sib Llc holds 8.91% of its portfolio in Texas Roadhouse Inc for 228,748 shares. Motley Fool Asset Management Llc owns 315,429 shares or 3.38% of their US portfolio. Moreover, Rr Partners Lp has 2.74% invested in the company for 1.13 million shares. The Delaware-based Kalmar Investments Inc De has invested 1.94% in the stock. Oak Ridge Investments Llc, a Illinois-based fund reported 928,365 shares.#img1#

Since January 1, 0001, it had 0 insider buys, and 7 insider sales for $2.08 million activity.

Texas Roadhouse Inc (NASDAQ:TXRH) Ratings Coverage

Ratings analysis reveals 36% of Texas Roadhouse Inc.’s analysts are positive. Out of 14 Wall Street analysts rating Texas Roadhouse Inc., 5 give it “Buy”, 1 “Sell” rating, while 8 recommend “Hold”. The lowest target is $38 while the high is $56. The stock’s average target of $44.07 is -12.46% below today’s ($50.34) share price. TXRH was included in 30 notes of analysts from August 5, 2015. RBC Capital Markets maintained Texas Roadhouse Inc (NASDAQ:TXRH) rating on Tuesday, November 3. RBC Capital Markets has “Sector Perform” rating and $41 target. The rating was maintained by Maxim Group with “Buy” on Wednesday, December 7. The stock has “Outperform” rating by Robert W. Baird on Tuesday, March 14. The firm earned “Sector Weight” rating on Thursday, September 29 by KeyBanc Capital Markets. RBC Capital Markets maintained Texas Roadhouse Inc (NASDAQ:TXRH) on Tuesday, February 23 with “Sector Perform” rating. Maxim Group downgraded the shares of TXRH in report on Monday, July 18 to “Hold” rating. The company was maintained on Wednesday, February 22 by Maxim Group. The firm has “Neutral” rating by UBS given on Tuesday, November 3. Telsey Advisory Group initiated the stock with “Outperform” rating in Tuesday, September 29 report. The rating was downgraded by Jefferies on Tuesday, July 26 to “Underperform”.

More news for Texas Roadhouse Inc (NASDAQ:TXRH) were recently published by: Fool.com, which released: “3 Ways Texas Roadhouse Inc Is Beating the Restaurant Recession” on May 03, 2017. Nasdaq.com‘s article titled: “Texas Roadhouse, Inc. to Announce Second Quarter Earnings on July 31, 2017” and published on July 10, 2017 is yet another important article.

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