Citigroup downgrades Texas Roadhouse Inc (TXRH) rating to a Neutral

Texas Roadhouse Inc’s filing revealed that its Director EPPS DONNA E unloaded Company’s shares for reported $0.15 million on May 23 ’25. In the deal valued at $186.52 per share,800 shares were sold. As a result of this transaction, EPPS DONNA E now holds 4,632 shares worth roughly $0.9 million.

Then, EPPS DONNA E bought 800 shares, generating $149,216 in total proceeds.

Before that, MOORE GREGORY N sold 1,000 shares. Texas Roadhouse Inc shares valued at $187,620 were divested by the Director at a price of $187.62 per share. As a result of the transaction, MOORE GREGORY N now holds 38,050 shares, worth roughly $7.41 million.

Citigroup downgraded its Texas Roadhouse Inc [TXRH] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in late January from “an Equal-weight” to “an Overweight”. Gordon Haskett also remained covering TXRH and has decreased its forecast on January 08, 2025 with a “Hold” recommendation from previously “Buy” rating. Goldman started covering the stock on December 05, 2024. It rated TXRH as “a Neutral”.

Price Performance Review of TXRH

On Monday, Texas Roadhouse Inc [NASDAQ:TXRH] saw its stock fall -0.28% to $194.67. Over the last five days, the stock has gained 2.46%. Texas Roadhouse Inc shares have risen nearly 7.89% since the year began. Nevertheless, the stocks have risen 15.44% over the past one year. While a 52-week high of $206.04 was reached on 05/27/25, a 52-week low of $148.73 was recorded on 04/07/25. SMA at 50 days reached $174.41, while 200 days put it at $178.62.

Levels Of Support And Resistance For TXRH Stock

The 24-hour chart illustrates a support level at 192.13, which if violated will result in even more drops to 189.58. On the upside, there is a resistance level at 196.24. A further resistance level may holdings at 197.80. The Relative Strength Index (RSI) on the 14-day chart is 64.92, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.76, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 39.50%. Stochastics %K at 71.06% indicates the stock is a holding.

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