Zacks Research Issues Optimistic Outlook for RRGB Earnings

Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB - Free Report) - Zacks Research upped their Q1 2025 EPS estimates for shares of Red Robin Gourmet Burgers in a research note issued to investors on Monday, May 12th. Zacks Research analyst M. Kaushik now expects that the restaurant operator will post earnings per share of ($0.58) for the quarter, up from their previous estimate of ($0.61). The consensus estimate for Red Robin Gourmet Burgers' current full-year earnings is ($2.94) per share. Zacks Research also issued estimates for Red Robin Gourmet Burgers' Q2 2025 earnings at ($0.35) EPS, Q3 2025 earnings at ($0.79) EPS, Q4 2025 earnings at ($0.27) EPS, FY2025 earnings at ($1.99) EPS, Q1 2026 earnings at ($0.17) EPS, Q2 2026 earnings at ($0.13) EPS, Q3 2026 earnings at ($0.48) EPS, Q4 2026 earnings at ($0.08) EPS, FY2026 earnings at ($0.86) EPS, Q1 2027 earnings at $0.14 EPS and FY2027 earnings at ($0.53) EPS.

Red Robin Gourmet Burgers (NASDAQ:RRGB - Get Free Report) last issued its earnings results on Wednesday, February 26th. The restaurant operator reported ($0.94) earnings per share for the quarter, missing analysts' consensus estimates of ($0.50) by ($0.44). The business had revenue of $285.23 million during the quarter, compared to analysts' expectations of $285.20 million. During the same quarter in the previous year, the company posted ($0.66) earnings per share.

A number of other analysts have also weighed in on RRGB. CL King upgraded shares of Red Robin Gourmet Burgers from a "neutral" rating to a "buy" rating and set a $10.00 target price on the stock in a research report on Thursday, February 27th. StockNews.com downgraded Red Robin Gourmet Burgers from a "hold" rating to a "sell" rating in a report on Saturday, March 8th. One research analyst has rated the stock with a sell rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, Red Robin Gourmet Burgers presently has an average rating of "Moderate Buy" and an average target price of $13.38.

Red Robin Gourmet Burgers Trading Up 1.8%

NASDAQ RRGB traded up $0.06 during trading on Thursday, hitting $3.14. 39,689 shares of the company's stock were exchanged, compared to its average volume of 328,595. The company has a market cap of $55.24 million, a PE ratio of -0.95 and a beta of 2.11. Red Robin Gourmet Burgers has a fifty-two week low of $2.50 and a fifty-two week high of $9.20. The stock's 50 day moving average price is $3.25 and its two-hundred day moving average price is $4.63.

Insider Buying and Selling at Red Robin Gourmet Burgers

In other news, CEO Gerard Johan Hart sold 11,997 shares of the firm's stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $4.46, for a total transaction of $53,506.62. Following the completion of the transaction, the chief executive officer now directly owns 586,737 shares in the company, valued at $2,616,847.02. This trade represents a 2.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In the last ninety days, insiders sold 52,759 shares of company stock worth $227,353. 3.19% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Red Robin Gourmet Burgers

A number of hedge funds have recently bought and sold shares of RRGB. Jump Financial LLC acquired a new stake in Red Robin Gourmet Burgers during the 1st quarter worth about $37,000. XTX Topco Ltd bought a new stake in Red Robin Gourmet Burgers in the first quarter worth approximately $49,000. R Squared Ltd acquired a new position in Red Robin Gourmet Burgers in the fourth quarter valued at approximately $52,000. Dynamic Technology Lab Private Ltd bought a new position in shares of Red Robin Gourmet Burgers during the 1st quarter worth approximately $61,000. Finally, Raymond James Financial Inc. acquired a new stake in shares of Red Robin Gourmet Burgers during the 4th quarter worth approximately $63,000. Institutional investors own 84.04% of the company's stock.

Red Robin Gourmet Burgers Company Profile

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.