Texas Roadhouse is a restaurant company operating predominately in the casual dining segment. Co.'s restaurants operate as Texas Roadhouse restaurants, Bubba's 33 restaurants and Jaggers restaurants. Texas Roadhouse provides an assortment of seasoned and aged steaks and cooked to order over open grills. Co. also provides its guests a selection of ribs, seafood, chicken, pork chops, pulled pork and vegetable plates, and an assortment of hamburgers, salads and sandwiches. Bubba's 33 is a sports restaurant concept featuring scratch-made food, ice cold beer and signature drinks. Jaggers provides burgers, hand-breaded chicken tenders and chicken sandwiches served with scratch-made sauces. We show 58 historical shares outstanding datapoints in our TXRH shares outstanding history coverage, used to compute TXRH market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TXRH market cap history over the course of time is important for investors
interested in comparing TXRH's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of TXRH versus a peer is one thing; comparing
TXRH market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like TXRH can fluctuate over the course of history.
With this page we aim to empower investors researching TXRH by allowing them to research the TXRH market cap history. |
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Video: The Importance of Market Cap
