NASDAQ:RRGB

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

$8.21

-0.04 (-0.48%)

(As of 09/25/2023 ET)

Compare

Today's Range: $8.04
▼
$8.32
50-Day Range: $8.21
▼
$15.60
52-Week Range: $5.35
▼
$16.50

Volume: 241,994 shs
Average Volume: 375,327 shs
Market Capitalization: $130.79 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $22.00

Red Robin Gourmet Burgers MarketRank™ Forecast

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 168.0% Upside
$22.00 Price Target
Short Interest: Healthy
17.99% of Float Sold Short
Dividend Strength: N/A
Sustainability: -2.79
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: Acquiring Shares
$884,747 Bought Last Quarter
Proj. Earnings Growth: Growing
From ($1.12) to ($0.53) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.95 out of 5 stars

Retail/Wholesale Sector

146th out of 209 stocks

Eating Places Industry

34th out of 40 stocks

3.2

Analyst's Opinion

Consensus Rating
Red Robin Gourmet Burgers has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $22.00, Red Robin Gourmet Burgers has a forecasted upside of 168.0% from its current price of $8.21.
Amount of Analyst Coverage
Red Robin Gourmet Burgers has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
17.99% 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 7.1.
Change versus previous month
Short interest in Red Robin Gourmet Burgers has recently decreased by 10.60%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

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.

1.3

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Red Robin Gourmet Burgers has received a -32.58% net impact score from Upright. The largest negative impact of Red Robin Gourmet Burgers in category "Physical diseases" seems to be driven mostly by its "Fast food hamburgers", "Soft drinks", and "Dessert foods" products. See details.
Environmental Sustainability
The Environmental Impact score for Red Robin Gourmet Burgers is -2.79.

1.1

News and Social Media Coverage

Search Interest
24 people have searched for RRGB on MarketBeat in the last 30 days. This is an increase of 380% compared to the previous 30 days.
MarketBeat Follows
4 people have added Red Robin Gourmet Burgers to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Red Robin Gourmet Burgers insiders have bought more of their company's stock than they have sold. Specifically, they have bought $884,747.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 2.20% of the stock of Red Robin Gourmet Burgers is held by insiders.
Percentage Held by Institutions
94.11% 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.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Red Robin Gourmet Burgers are expected to grow in the coming year, from ($1.12) to ($0.53) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Red Robin Gourmet Burgers is -2.33, 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 -2.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Red Robin Gourmet Burgers has a P/B Ratio of 24.15. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Red Robin Gourmet Burgers (NASDAQ:RRGB) Stock

Red Robin Gourmet Burgers, Inc., together with its subsidiaries, develops, operates, and franchises casual-dining restaurants, in North America and one Canadian province. The company's restaurants primarily offer burgers and pizza, appetizers, salads, soups, other entrees, desserts, wings, milkshakes, alcoholic and non-alcoholic specialty drinks, cocktails, wine, and beers. Red Robin Gourmet Burgers, Inc. was founded in 1969 and is based in Greenwood Village, Colorado.

RRGB Price History

30 days | 90 days | 365 days | Advanced Chart

RRGB Stock News Headlines

September 25, 2023 | finance.yahoo.com

Red Robin (RRGB) Stock Sinks As Market Gains: What You Should Know

September 13, 2023 | finance.yahoo.com

Red Robin (RRGB) Outpaces Stock Market Gains: What You Should Know

September 25, 2023 | Altimetry (Ad)

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September 8, 2023 | gurufocus.com

Insider Buying: Jyoti Lynch Acquires 10,000 Shares of Red Robin Gourmet Burgers Inc (RRGB)

September 7, 2023 | finance.yahoo.com

Red Robin (RRGB) Dips More Than Broader Markets: What You Should Know

September 5, 2023 | finance.yahoo.com

Red Robin Gourmet Burgers, Inc. to Participate in Upcoming Investor Conferences

September 5, 2023 | finance.yahoo.com

Red Robin Gourmet Burgers Insiders Added US$1.4m Of Stock To Their Holdings

August 31, 2023 | finance.yahoo.com

Red Robin Gourmet Burgers, Inc. Completes Second Sale-Leaseback Transaction With Essential Properties Realty Trust, Inc.

September 25, 2023 | Behind the Markets (Ad)

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August 25, 2023 | benzinga.com

Red Robin Gourmet Burgers 10% Owner Trades Company's Stock

August 25, 2023 | gurufocus.com

Archon Capital Management LLC Boosts Stake in Red Robin Gourmet Burgers Inc

August 23, 2023 | finance.yahoo.com

Red Robin (RRGB) Loses -27.4% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

August 21, 2023 | finance.yahoo.com

Is Rover Group (ROVR) Outperforming Other Retail-Wholesale Stocks This Year?

August 21, 2023 | finance.yahoo.com

Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) Q2 2023 Earnings Call Transcript

August 20, 2023 | seekingalpha.com

RRGB Company Calendar

Last Earnings: 8/17/2023
Today: 9/25/2023
Next Earnings (Estimated): 11/01/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Eating places
Sub-Industry: Restaurants
Sector: Retail/Wholesale
Current Symbol: NASDAQ:RRGB
CUSIP: 75689M10
CIK: 1171759
Web: www.redrobin.com
Phone: (303) 846-6000
Fax: 303-846-6094
Employees: 24,335
Year Founded: 1969

Price Target and Rating

Average Stock Price Forecast: $22.00
High Stock Price Forecast: $22.00
Low Stock Price Forecast: $22.00
Forecasted Upside/Downside: +168.3%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($3.52)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-77,800,000.00
Net Margins: -4.32%
Pretax Margin: -4.29%
Return on Equity: -232.98%
Return on Assets: -4.58%

Debt

Debt-to-Equity Ratio: 62.16
Current Ratio: 0.54
Quick Ratio: 0.41

Sales & Book Value

Annual Sales: $1.27 billion
Price / Sales: 0.10
Cash Flow: $4.16 per share
Price / Cash Flow: 1.97
Book Value: $0.34 per share
Price / Book: 24.12

Miscellaneous

Outstanding Shares: 15,930,000
Free Float: 15,579,000
Market Cap: $130.63 million
Optionable: Optionable
Beta: 2.91

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Key Executives

Mr. Gerard J. Hart (Age 65)
CEO, Director & Pres
Comp: $2.2M

Mr. Todd Wilson (Age 45)
Exec. VP & CFO
Comp: $468.72k

Ms. Sarah A. Mussetter (Age 44)
Exec. VP, Chief Legal Officer & Sec.
Comp: $436.88k

Ms. Cheri L. Kinder (Age 55)
VP & Chief Accounting Officer

Deena DePhillips
VP of Technology

Mr. Kevin E. Mayer (Age 53)
Chief Marketing Officer

Mr. Mark Simpson
Interim Chief People Officer

Ms. Denny Marie Post (Age 65)
Advisor

Jason Rusk
Chief Bus. Devel. Officer

Mr. Michael L. Kaplan J.D. (Age 54)
Sec.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

RRGB Stock - Frequently Asked Questions

Should I buy or sell Red Robin Gourmet Burgers stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Red Robin Gourmet Burgers in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" RRGB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RRGB, but not buy additional shares or sell existing shares.
View RRGB analyst ratings or view top-rated stocks.
What is Red Robin Gourmet Burgers' stock price forecast for 2023?: 3 brokers have issued 12-month target prices for Red Robin Gourmet Burgers' shares. Their RRGB share price forecasts range from $22.00 to $22.00. On average, they anticipate the company's share price to reach $22.00 in the next twelve months. This suggests a possible upside of 168.3% from the stock's current price.
View analysts price targets for RRGB or view top-rated stocks among Wall Street analysts.
How have RRGB shares performed in 2023?: Red Robin Gourmet Burgers' stock was trading at $5.58 on January 1st, 2023. Since then, RRGB stock has increased by 47.0% and is now trading at $8.20.
View the best growth stocks for 2023 here.
When is Red Robin Gourmet Burgers' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our RRGB earnings forecast.
How were Red Robin Gourmet Burgers' earnings last quarter?: Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) released its quarterly earnings results on Thursday, August, 17th. The restaurant operator reported ($0.24) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.55) by $0.31. The restaurant operator had revenue of $298.65 million for the quarter, compared to analysts' expectations of $295.30 million. Red Robin Gourmet Burgers had a negative net margin of 4.32% and a negative trailing twelve-month return on equity of 232.98%.
What ETF holds Red Robin Gourmet Burgers' stock ?: AdvisorShares Restaurant ETF holds 8,500 shares of RRGB stock, representing 4.31% of its portfolio.
What guidance has Red Robin Gourmet Burgers issued on next quarter's earnings?: Red Robin Gourmet Burgers issued an update on its FY 2023 earnings guidance on Thursday, August, 17th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.30B-, compared to the consensus revenue estimate of $1.31 billion.
What is Paul Murphy III's approval rating as Red Robin Gourmet Burgers' CEO?: 116 employees have rated Red Robin Gourmet Burgers Chief Executive Officer Paul Murphy III on Glassdoor.com. Paul Murphy III has an approval rating of 56% among the company's employees. This puts Paul Murphy III in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Red Robin Gourmet Burgers own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Red Robin Gourmet Burgers investors own include Rite Aid (RAD), AT&T (T), Energy Transfer (ET), Carnival Co. & (CCL), Ford Motor (F), Starbucks (SBUX), CVS Health (CVS), Walt Disney (DIS), General Electric (GE) and QUALCOMM (QCOM).
What is Red Robin Gourmet Burgers' stock symbol?: Red Robin Gourmet Burgers trades on the NASDAQ under the ticker symbol "RRGB."
Who are Red Robin Gourmet Burgers' major shareholders?: Red Robin Gourmet Burgers' stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.26%), RK Capital Management LLC (2.13%), Geode Capital Management LLC (1.94%), State Street Corp (1.62%), Acadian Asset Management LLC (1.50%) and Renaissance Technologies LLC (1.44%). Insiders that own company stock include Allison A Page, Archon Capital Management Llc, Geoffrey Wayne Davis, Gerard Johan Hart, Joshua Todd Wilson, Jyoti A Lynch, Kristi A Belhumeur, Lynn S Schweinfurth, Michael Buchmeier, Paul J B Murphy III and Thomas G Conforti.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Red Robin Gourmet Burgers' stock price today?: One share of RRGB stock can currently be purchased for approximately $8.20.
How much money does Red Robin Gourmet Burgers make?: Red Robin Gourmet Burgers (NASDAQ:RRGB) has a market capitalization of $130.63 million and generates $1.27 billion in revenue each year. The restaurant operator earns $-77,800,000.00 in net income (profit) each year or ($3.52) on an earnings per share basis.
How many employees does Red Robin Gourmet Burgers have?: The company employs 24,335 workers across the globe.
Does Red Robin Gourmet Burgers have any subsidiaries?: The following companies are subsidiares of Red Robin Gourmet Burgers: Red Robin International Inc.
Read More
How can I contact Red Robin Gourmet Burgers?: Red Robin Gourmet Burgers' mailing address is 6312 S. Fiddlers Green Circle Suite 200N, Greenwood Village CO, 80111. The official website for the company is www.redrobin.com. The restaurant operator can be reached via phone at (303) 846-6000, via email at investor@redrobin.com, or via fax at 303-846-6094.

This page (NASDAQ:RRGB) was last updated on 9/25/2023 by MarketBeat.com Staff

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