TEXAS ROADHOUSE (TXRH)
EARNINGS RELEASE - AUGUST 3 (AMC)
THIS QTR: EPS: -.63/share REV: 843.6/M
LAST QTR: EPS: .58/share ACTUAL: .23/share (MISS)
NEXT QTR: EPS: -.05/share REV: 586.9/M
FULL YR: EPS: -.02/share REV: 2,370/M
BEAT/MISS RECORD: 83% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) -6.19, 9.25, 22.06
EXPECTED JUMP MOVE THIS QUARTER: 15%
*** With market volatility at extremes there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before trading
Links To Latest News and Headlines
TACO vs. TXRH: Which Stock Is the Better Value Option?
Texas Roadhouse (NASDAQ: TXRH) has over 600 restaurants, primarily under its namesake banner. Its focus on high-quality food at attractive prices is deceptively simple. As these initiatives took effect and authorities eased restrictions, Texas Roadhouse’s results improved.
Starbucks (NASDAQ: SBUX), Texas Roadhouse (NASDAQ: TXRH), and Domino’s Pizza (NYSE: DPZ) are all companies that will thrive after the pandemic and are top buys going into 2021. Starbucks got absolutely crushed when the pandemic started as its core customer base began to work from home and dining rooms were shut down. Comparable sales declined 40% and the company reported a loss in the fiscal third quarter of 2020 that ended June 28, but Starbucks quickly met changing consumer behavior with an accelerated rollout of curbside pickup and new locations in suburban areas.
Texas Roadhouse’s (NASDAQ:TXRH) stock is up by a considerable 27% over the past three months. However, we decided to…
If you’re wondering whether you should buy or sell stocks, the data clearly points to a single conclusion.
StockJumpers analysis and trade plans are finalized and uploaded generally one house before market cloase (3PM EST) for most events unless noticed.
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We love trading TXRH and have done so every quarter for years with high accuracy. The data suggests an up move post release, however it may not be trustworthy with the fundamentals and potential losses being forecast in any guidance which will determine the outcome of the move.
OUR TRADE PLAN:
ENTRY: HOLD (BUY)
STOP LOSS: N/A
INITIAL PROFIT TARGET: —
TRADE ASSIST: N/A
POST RELEASE ACTION:
There is a significant amount of data behind the scenes involved in the analysis and trade plan tab above, that does not get put into the report. Too much information for traders often confuses things – so this is stripped down to only what is needed to make the best possible decision(s) on trading the trajectory.