We see Texas Roadhouse (TXRH) as having very significant upside potential over the next twelve to 24 months with a $48 price target by this time next year. The company will see a lot of price expansion as domestic growth continues to be strong and the company continues to outperform its competition in most financial metrics. We like buying TXRH at these levels despite lower value on strong growth, cash flow, and relative financial strength and profitability.
Texas Roadhouse sits right at the bottom of our value positive rating level. The company has some solid value indicators and weaknesses in other areas that suggest to us that there...
Only subscribers can access this article, which is part of the PRO research library covering 3,570 different stocks.
Growing numbers of fund managers and other investment professionals subscribe to Seeking Alpha PRO for equity research that is unavailable elsewhere, so they can: