Texas Roadhouse traded at $169.17 this Tuesday September 15th, decreasing $11.95 or 6.60 percent since the previous trading session. Looking back, over the last four weeks, Texas Roadhouse lost 17.24 percent. Over the last 12 months, its price rose by 2.15 percent. Looking ahead, we forecast Texas Roadhouse to be priced at 177.34 by the end of this quarter and at 166.20 in one year, according to Trading Economics global macro models projections and analysts expectations.
Texas Roadhouse, Inc. is a restaurant company that operates in the casual dining segment. The Company owns and operates approximately 548 restaurants and franchised an additional 99 restaurants in 49 states and ten foreign countries. Of the 548 restaurants it operates approximately 511 as Texas Roadhouse restaurants, 34 as Bubba’s 33 restaurants and three as Jaggers restaurants. Texas Roadhouse is a full-service, casual dining restaurant concept offering an assortment of seasoned and aged steaks hand-cut daily on the premises and cooked to order over open grills. Bubba’s 33 is a family-friendly, sports restaurant concept featuring scratch-made food, ice cold beer and signature drinks. Its menu features burgers, pizza and wings as well as a variety of appetizers, sandwiches and dinner entrees. The Jaggers is a fast-casual restaurant concept offering burgers, hand-breaded chicken tenders and chicken sandwiches served with scratch-made sauces.