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Texas Roadhouse, Inc. (TXRH) Reaches $60.91 After 5.00% Up Move; Newell Brands (NWL) Shorts Raised By 5.78%

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The stock of Texas Roadhouse, Inc. (NASDAQ:TXRH) is a huge mover today! The stock increased 2.89% or $1.71 during the last trading session, reaching $60.91. About 293,385 shares traded. Texas Roadhouse, Inc. (NASDAQ:TXRH) has risen 31.38% since May 21, 2017 and is uptrending. It has outperformed by 19.83% the S&P500.The move comes after 8 months positive chart setup for the $4.35B company. It was reported on May, 21 by Barchart.com. We have $63.96 PT which if reached, will make NASDAQ:TXRH worth $217.50 million more.

Newell Brands Inc (NYSE:NWL) had an increase of 5.78% in short interest. NWL’s SI was 37.35M shares in May as released by FINRA. Its up 5.78% from 35.31M shares previously. With 10.28M avg volume, 4 days are for Newell Brands Inc (NYSE:NWL)’s short sellers to cover NWL’s short positions. The SI to Newell Brands Inc’s float is 7.69%. The stock increased 0.82% or $0.22 during the last trading session, reaching $26.53. About 1.53 million shares traded. Newell Brands Inc. (NYSE:NWL) has declined 47.20% since May 21, 2017 and is downtrending. It has underperformed by 58.75% the S&P500.

Texas Roadhouse, Inc., together with its subsidiaries, operates full-service casual dining restaurants in the United States and internationally. The company has market cap of $4.35 billion. The firm operates and franchises its restaurants under the Texas Roadhouse name. It has a 33.1 P/E ratio. It also operates sports restaurants under the BubbaÂ’s 33 name.

Since December 12, 2017, it had 0 buys, and 9 insider sales for $3.67 million activity. Another trade for 1,500 shares valued at $90,000 was sold by Jacobsen S. Chris. $355,569 worth of Texas Roadhouse, Inc. (NASDAQ:TXRH) shares were sold by Catlett Celia. 10,900 shares were sold by ZARLEY JAMES R, worth $619,384. The insider Colosi Scott Matthew sold $1.26 million. The insider WIDMER KATHY sold 1,300 shares worth $66,118.

Among 25 analysts covering Texas Roadhouse Inc. (NASDAQ:TXRH), 9 have Buy rating, 2 Sell and 14 Hold. Therefore 36% are positive. Texas Roadhouse Inc. had 73 analyst reports since August 5, 2015 according to SRatingsIntel. The company was maintained on Monday, April 16 by Morgan Stanley. The stock of Texas Roadhouse, Inc. (NASDAQ:TXRH) earned “Hold” rating by Jefferies on Friday, December 22. RBC Capital Markets maintained the stock with “Hold” rating in Thursday, October 19 report. The rating was maintained by Robert W. Baird on Wednesday, August 30 with “Buy”. The firm has “Market Perform” rating by Telsey Advisory Group given on Wednesday, November 2. The firm has “Sell” rating by Jefferies given on Tuesday, October 10. The rating was maintained by BMO Capital Markets with “Buy” on Monday, July 31. The firm has “Buy” rating by Robert W. Baird given on Sunday, September 17. The company was maintained on Tuesday, August 1 by RBC Capital Markets. The stock of Texas Roadhouse, Inc. (NASDAQ:TXRH) has “Buy” rating given on Thursday, March 15 by Mizuho.

Analysts await Texas Roadhouse, Inc. (NASDAQ:TXRH) to report earnings on July, 30. They expect $0.66 earnings per share, up 24.53% or $0.13 from last year’s $0.53 per share. TXRH’s profit will be $47.14 million for 23.07 P/E if the $0.66 EPS becomes a reality. After $0.76 actual earnings per share reported by Texas Roadhouse, Inc. for the previous quarter, Wall Street now forecasts -13.16% negative EPS growth.

More notable recent Texas Roadhouse, Inc. (NASDAQ:TXRH) news were published by: Globenewswire.com which released: “Texas Roadhouse Names Tonya Robinson Chief Financial Officer” on May 18, 2018, also Nasdaq.com with their article: “Subway’s Store Closures Are Good News for the Restaurant Industry” published on May 19, 2018, Seekingalpha.com published: “Texas Roadhouse: Growth Set To Continue” on May 08, 2018. More interesting news about Texas Roadhouse, Inc. (NASDAQ:TXRH) were released by: Benzinga.com and their article: “Texas Roadhouse’s Upside Potential Is ‘Limited,’ JPMorgan Says In Downgrade” published on May 03, 2018 as well as Benzinga.com‘s news article titled: “Texas Roadhouse’s Risk-Reward Is Balanced, BMO Says In Downgrade” with publication date: April 24, 2018.

Investors sentiment decreased to 1.4 in 2017 Q4. Its down 0.29, from 1.69 in 2017Q3. It fall, as 20 investors sold Texas Roadhouse, Inc. shares while 75 reduced holdings. 61 funds opened positions while 72 raised stakes. 60.90 million shares or 0.49% more from 60.60 million shares in 2017Q3 were reported. Point72 Asset Mgmt Ltd Partnership accumulated 172,300 shares. Barclays Public Limited Co, United Kingdom-based fund reported 15,206 shares. The New York-based Metropolitan Life New York has invested 0.03% in Texas Roadhouse, Inc. (NASDAQ:TXRH). New York-based American Intll Incorporated has invested 0.03% in Texas Roadhouse, Inc. (NASDAQ:TXRH). Koch stated it has 6,458 shares. Arizona State Retirement Sys holds 0.02% or 47,087 shares in its portfolio. Weaver C Barksdale And Assoc holds 0.01% or 230 shares in its portfolio. The Illinois-based Guggenheim Lc has invested 0% in Texas Roadhouse, Inc. (NASDAQ:TXRH). Prudential has 0.08% invested in Texas Roadhouse, Inc. (NASDAQ:TXRH). Asset Mgmt Incorporated holds 3,900 shares. New York-based Paradigm Asset Mngmt Lc has invested 0.04% in Texas Roadhouse, Inc. (NASDAQ:TXRH). Oppenheimer Asset accumulated 25,197 shares or 0.03% of the stock. Verition Fund Mgmt Ltd Llc reported 0.07% of its portfolio in Texas Roadhouse, Inc. (NASDAQ:TXRH). Weiss Multi has invested 0.01% of its portfolio in Texas Roadhouse, Inc. (NASDAQ:TXRH). 29,713 are held by Voya Invest Management.

Among 20 analysts covering Newell Rubbermaid Inc. (NYSE:NWL), 9 have Buy rating, 0 Sell and 11 Hold. Therefore 45% are positive. Newell Rubbermaid Inc. had 66 analyst reports since August 4, 2015 according to SRatingsIntel. UBS maintained Newell Brands Inc. (NYSE:NWL) rating on Monday, May 2. UBS has “Buy” rating and $55 target. BMO Capital Markets maintained the shares of NWL in report on Friday, August 4 with “Hold” rating. The firm has “Outperform” rating by RBC Capital Markets given on Tuesday, September 8. The rating was initiated by Gabelli on Monday, February 8 with “Buy”. The stock has “Hold” rating by BMO Capital Markets on Thursday, January 25. The rating was maintained by Deutsche Bank on Monday, May 2 with “Buy”. The rating was downgraded by Jefferies on Thursday, September 14 to “Hold”. The stock of Newell Brands Inc. (NYSE:NWL) earned “Buy” rating by SunTrust on Wednesday, October 18. The firm has “Buy” rating given on Monday, September 28 by Jefferies. As per Tuesday, October 17, the company rating was maintained by Jefferies.

More notable recent Newell Brands Inc. (NYSE:NWL) news were published by: Seekingalpha.com which released: “Newell Brands: It’s Peace For Our Time” on May 17, 2018, also Seekingalpha.com with their article: “Tracking Carl Icahn’s Portfolio – Q1 2018 Update” published on May 21, 2018, Seekingalpha.com published: “Newell Brands Valuation Shows Potential In Turnaround” on May 01, 2018. More interesting news about Newell Brands Inc. (NYSE:NWL) were released by: Seekingalpha.com and their article: “Newell Brands Is Still Worth The Risk” published on April 23, 2018 as well as Streetinsider.com‘s news article titled: “Carl Icahn Confirms Stake in Newell Rubbermaid (NWL) (more…) – 13F” with publication date: May 15, 2018.

Texas Roadhouse, Inc. (NASDAQ:TXRH) Institutional Positions Chart

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