Red Robin Gourmet Burgers (RRGB) Stock Price, News & Analysis

Company Overview

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. The company was founded in 1969 and is based in Englewood, Colorado.

Key Stats

• Today's Range: $3.77 to $3.96
• 50-Day Range: $3.04 to $6.36
• 52-Week Range: $2.97 to $12.80
• Volume: 541,269 shs
• Average Volume: 792,268 shs
• Market Capitalization: $62.06 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $13.13
• Consensus Rating: Moderate Buy

Red Robin Gourmet Burgers Stock Analysis - MarketRank™

Red Robin Gourmet Burgers scored higher than 78% of companies evaluated by MarketBeat, and ranked 88th out of 207 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Red Robin Gourmet Burgers has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Red Robin Gourmet Burgers has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Red Robin Gourmet Burgers are expected to grow in the coming year, from ($2.37) to ($1.29) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Red Robin Gourmet Burgers is -2.24, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Red Robin Gourmet Burgers is -2.24, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

14.56% of the float of Red Robin Gourmet Burgers has been sold short.

Short Interest Ratio / Days to Cover

Red Robin Gourmet Burgers has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Red Robin Gourmet Burgers has recently decreased by 10.48%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Red Robin Gourmet Burgers does not currently pay a dividend.

Dividend Growth

Red Robin Gourmet Burgers does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 1.3 / 5
• Environmental Score: -2.79

Percentage of Shares Shorted

14.56% of the float of Red Robin Gourmet Burgers has been sold short.

Short Interest Ratio / Days to Cover

Red Robin Gourmet Burgers has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Red Robin Gourmet Burgers has recently decreased by 10.48%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.08

News Sentiment

Red Robin Gourmet Burgers has a news sentiment score of 0.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 13 news articles for Red Robin Gourmet Burgers this week, compared to 2 articles on an average week.

Search Interest

Only 11 people have searched for RRGB on MarketBeat in the last 30 days. This is a decrease of -66% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Red Robin Gourmet Burgers to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Red Robin Gourmet Burgers insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 3.19% of the stock of Red Robin Gourmet Burgers is held by insiders.

Percentage Held by Institutions

84.04% of the stock of Red Robin Gourmet Burgers is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

RRGB Stock Analysis - Frequently Asked Questions

How have RRGB shares performed this year?

Red Robin Gourmet Burgers' stock was trading at $12.47 at the start of the year. Since then, RRGB shares have decreased by 68.4% and is now trading at $3.94.
View the best growth stocks for 2024 here.

How were Red Robin Gourmet Burgers' earnings last quarter?

Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) issued its earnings results on Thursday, August, 22nd. The restaurant operator reported ($0.48) earnings per share for the quarter, missing analysts' consensus estimates of ($0.41) by $0.07. The restaurant operator earned $300.15 million during the quarter, compared to analysts' expectations of $295.57 million.

Does Red Robin Gourmet Burgers have any subsidiaries?

Red Robin Gourmet Burgers subsidiaries include these companies: Red Robin International Inc.

Who are Red Robin Gourmet Burgers' major shareholders?

Red Robin Gourmet Burgers' top institutional shareholders include First Eagle Investment Management LLC (6.42%), Pacific Ridge Capital Partners LLC (5.81%), Acuitas Investments LLC (3.89%) and Marshall Wace LLP (2.35%). Insiders that own company stock include Archon Capital Management Llc, Gerard Johan Hart, Joshua Todd Wilson, Allison A Page, Thomas G Conforti, Jyoti A Lynch and Geoffrey Wayne Davis.
View institutional ownership trends.

How do I buy shares of Red Robin Gourmet Burgers?

Shares of RRGB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Red Robin Gourmet Burgers own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Red Robin Gourmet Burgers investors own include Rite Aid (RAD), AT&T (T), Energy Transfer (ET), Carnival Co. & (CCL), Ford Motor (F), Starbucks (SBUX) and CVS Health (CVS).

Company Calendar

• Last Earnings: 8/22/2024
• Today: 9/20/2024
• Next Earnings (Estimated): 11/06/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Retail/Wholesale
• Industry: Eating places
• Sub-Industry: Restaurants
• Current Symbol: NASDAQ:RRGB
• CUSIP: 75689M10
• CIK: 1171759
• Web: www.redrobin.com
• Phone: (303) 846-6000
• Fax: 303-846-6094
• Employees: 22,516
• Year Founded: 1969

Price Target and Rating

• Average Stock Price Target: $13.13
• High Stock Price Target: $16.00
• Low Stock Price Target: $9.00
• Potential Upside/Downside: +233.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.76)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-21,230,000.00
• Net Margins: -3.20%
• Pretax Margin: -3.18%
• Return on Equity: N/A
• Return on Assets: -5.83%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.45
• Quick Ratio: 0.30

Sales & Book Value

• Annual Sales: $1.30 billion
• Price / Sales: 0.05
• Cash Flow: $3.55 per share
• Price / Cash Flow: 1.11
• Book Value: ($1.32) per share
• Price / Book: -2.98

Miscellaneous

• Outstanding Shares: 15,750,000
• Free Float: 15,184,000
• Market Cap: $62.06 million
• Optionable: Optionable
• Beta: 2.74