Raymond James analyst Brian Vaccaro maintained a Buy rating on Texas Roadhouse (NASDAQ:TXRH) on Wednesday, setting a price target of $108, which is approximately 18.69% above the present share price of $90.99.
Vaccaro expects Texas Roadhouse to post earnings per share (EPS) of $1.08 for the third quarter of 2021.
The current consensus among 14 TipRanks analysts is for a Moderate Buy rating of shares in Texas Roadhouse, with an average price target of $107.69.
The analysts price targets range from a high of $130 to a low of $95.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $898.79 million and a net profit of $89.75 million. The company's market cap is $6.35 billion.
According to TipRanks.com, Raymond James analyst Brian Vaccaro is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 9.8% and a 51.93% success rate.
Texas Roadhouse, Inc. is a full-service, casual dining restaurant chain, which offers assorted seasoned and aged steaks hand-cut daily on the premises and cooked to order over open gas-fired grills. It operates restaurants under the Texas Roadhouse and Aspen Creek names. The firm also offers its guests a selection of ribs, fish, seafood, chicken, pork chops, pulled pork and vegetable plates, an assortment of hamburgers, salads and sandwiches. It also provides supervisory and administrative services for other license and franchise restaurants. The company was founded by W. Kent Taylor on February 17, 1993 and is headquartered in Louisville, KY.