Evercore ISI Group has downgraded Texas Roadhouse Inc (TXRH) to In-Line from Outperform as of September 3, 2025. The current share price stands at $173.40.
This move underscores a shift in sentiment regarding the restaurant chain's outlook, suggesting increased caution. Analysts may be reflecting concerns about competitive pressures, market conditions, or execution risks that could impact the company's performance.
Texas Roadhouse, headquartered in Louisville, Kentucky, operates approximately 780 restaurants across 49 states and 10 foreign countries. The casual dining chain is well-known for its hand-cut steaks, scratch-made food at Bubba’s 33, and fast-casual offerings at Jaggers. As of November 20, 2025, Texas Roadhouse boasts a market capitalization of $11.1 billion, a P/E ratio of 25.32, and a dividend yield of 162.7%.
Upcoming earnings reports are scheduled for August 5, 2026, with an estimated EPS of $1.85 and revenue of $1.7 billion, and May 6, 2026, with an estimated EPS of $1.76 and revenue of $1.6 billion.
Analyst ratings can provide useful insights but represent professional opinions based on various assumptions and estimates that may not always materialize. Investment decisions should consider multiple factors, including company fundamentals and competitive positioning. Analyst views are just one of many inputs to consider when making investment choices.