What is Zacks Research's Estimate for RRGB Q2 Earnings?

Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB - Free Report) - Equities researchers at Zacks Research upped their Q2 2025 EPS estimates for Red Robin Gourmet Burgers in a research note issued on Tuesday, January 28th. Zacks Research analyst M. Kaushik now forecasts that the restaurant operator will earn ($0.34) per share for the quarter, up from their previous estimate of ($0.35). The consensus estimate for Red Robin Gourmet Burgers' current full-year earnings is ($2.93) per share. Zacks Research also issued estimates for Red Robin Gourmet Burgers' FY2025 earnings at ($1.74) EPS and FY2026 earnings at ($0.33) EPS.

Red Robin Gourmet Burgers Price Performance

NASDAQ RRGB traded down $0.03 during mid-day trading on Friday, reaching $5.92. The stock had a trading volume of 149,620 shares, compared to its average volume of 291,427. The stock has a market cap of $102.95 million, a PE ratio of -1.80 and a beta of 2.65. Red Robin Gourmet Burgers has a 1 year low of $2.97 and a 1 year high of $11.03. The company has a fifty day moving average price of $5.57 and a 200 day moving average price of $5.15.

Insiders Place Their Bets

In related news, insider Jumana Capital Investments Llc purchased 800,454 shares of Red Robin Gourmet Burgers stock in a transaction dated Tuesday, December 3rd. The stock was purchased at an average cost of $5.19 per share, for a total transaction of $4,154,356.26. Following the completion of the purchase, the insider now directly owns 1,614,906 shares of the company's stock, valued at $8,381,362.14. The trade was a 98.28 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 3.19% of the company's stock.

Institutional Investors Weigh In On Red Robin Gourmet Burgers

Several institutional investors and hedge funds have recently added to or reduced their stakes in RRGB. GSA Capital Partners LLP lifted its holdings in shares of Red Robin Gourmet Burgers by 482.8% during the 3rd quarter. GSA Capital Partners LLP now owns 634,961 shares of the restaurant operator's stock valued at $2,800,000 after buying an additional 526,016 shares during the period. Bleakley Financial Group LLC bought a new position in Red Robin Gourmet Burgers in the third quarter valued at about $537,000. Verition Fund Management LLC purchased a new position in Red Robin Gourmet Burgers in the third quarter worth about $1,082,000. Millennium Management LLC bought a new stake in shares of Red Robin Gourmet Burgers during the 2nd quarter valued at about $2,777,000. Finally, Geode Capital Management LLC increased its position in shares of Red Robin Gourmet Burgers by 12.2% during the 3rd quarter. Geode Capital Management LLC now owns 194,316 shares of the restaurant operator's stock valued at $857,000 after purchasing an additional 21,062 shares during the last quarter. Hedge funds and other institutional investors own 84.04% of the company's stock.

About Red Robin Gourmet Burgers

Red Robin Gourmet Burgers, Inc, together with its subsidiaries, develops, operates, and franchises casual-dining restaurants, in North America and one Canadian province. Its restaurants primarily offer burgers and pizza, appetizers, salads, soups, other entrees, desserts, wings, milkshakes, alcoholic and non-alcoholic specialty drinks, cocktails, wine, and beers.