NASDAQ:RRGB - Red Robin Gourmet Burgers Stock Price, News, & Analysis

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$31.03 -2.53 (-7.54 %)
(As of 05/24/2019 02:47 AM ET)
Previous Close$33.56
Today's Range$30.87 - $33.40
52-Week Range$25.27 - $54.95
Volume252,300 shs
Average Volume266,716 shs
Market Capitalization$402.40 million
P/E Ratio17.94
Dividend YieldN/A
Beta0.9
Red Robin Gourmet Burgers, Inc., together with its subsidiaries, develops, operates, and franchises full-service and casual-dining restaurants in the United States and Canada. The company's restaurants primarily offer burgers; various appetizers, salads, soups, seafood, and other entrees; and desserts, milkshakes, alcoholic and non-alcoholic specialty drinks, cocktails, wine, and beers. As of December 31, 2018, it operated 484 company-owned restaurants located in 39 states and 2 Canadian provinces; and had 89 casual-dining restaurants operated by franchisees in 16 states. The company was founded in 1969 and is headquartered in Greenwood Village, Colorado.

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Industry, Sector and Symbol

Industry Eating places
Sub-IndustryRestaurants
SectorRetail/Wholesale
Current SymbolNASDAQ:RRGB
CUSIP75689M10
Phone303-846-6000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.34 billion
Cash Flow$8.1230 per share
Book Value$29.50 per share

Profitability

Net Income$-6,420,000.00

Miscellaneous

Employees27,283
Market Cap$402.40 million
Next Earnings Date5/30/2019 (Confirmed)
OptionableOptionable

Red Robin Gourmet Burgers (NASDAQ:RRGB) Frequently Asked Questions

What is Red Robin Gourmet Burgers' stock symbol?

Red Robin Gourmet Burgers trades on the NASDAQ under the ticker symbol "RRGB."

How were Red Robin Gourmet Burgers' earnings last quarter?

Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) posted its earnings results on Tuesday, February, 26th. The restaurant operator reported $0.43 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.38 by $0.05. The restaurant operator had revenue of $306.78 million for the quarter, compared to analysts' expectations of $308.03 million. Red Robin Gourmet Burgers had a negative net margin of 0.48% and a positive return on equity of 5.77%. The business's revenue for the quarter was down 10.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.78 EPS. View Red Robin Gourmet Burgers' Earnings History.

When is Red Robin Gourmet Burgers' next earnings date?

Red Robin Gourmet Burgers is scheduled to release their next quarterly earnings announcement on Thursday, May 30th 2019. View Earnings Estimates for Red Robin Gourmet Burgers.

How can I listen to Red Robin Gourmet Burgers' earnings call?

Red Robin Gourmet Burgers will be holding an earnings conference call on Thursday, May 30th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 3237942423.

What guidance has Red Robin Gourmet Burgers issued on next quarter's earnings?

Red Robin Gourmet Burgers updated its FY19 earnings guidance on Tuesday, February, 26th. The company provided EPS guidance of $1.30-1.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.78. Red Robin Gourmet Burgers also updated its FY 2019 guidance to $1.30-1.70 EPS.

What price target have analysts set for RRGB?

11 brokers have issued twelve-month target prices for Red Robin Gourmet Burgers' shares. Their forecasts range from $31.00 to $75.00. On average, they anticipate Red Robin Gourmet Burgers' stock price to reach $41.50 in the next year. This suggests a possible upside of 33.7% from the stock's current price. View Analyst Price Targets for Red Robin Gourmet Burgers.

What is the consensus analysts' recommendation for Red Robin Gourmet Burgers?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Red Robin Gourmet Burgers in the last year. There are currently 10 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Red Robin Gourmet Burgers.

What are Wall Street analysts saying about Red Robin Gourmet Burgers stock?

Here are some recent quotes from research analysts about Red Robin Gourmet Burgers stock:
  • 1. According to Zacks Investment Research, "Shares of Red Robin have underperformed the industry over the past year. We remain apprehensive of the company’s future performance. In the last-reported quarter, earnings and revenues declined due to decreasing traffic and weakness at in-line mall locations. Also, soft comps and high cost of sales as well as operating expenses are hurting Red Robin’s margins. Further, earnings estimates for the current year have been revised downward over the past 30 days, reflecting analysts’ concern surrounding the company’s earnings potential. However, Red Robin’s efforts to improve sales and regain market share via efficient menu innovation, focus on increasing service speed, effective marketing strategy and remodeling of programs bode well. Particularly, focus on value offerings and growing off-premise, online ordering business combine to ensure that Red Robin remains affordable." (4/22/2019)
  • 2. Maxim Group analysts commented, "We maintain our Hold rating on Red Robin Gourmet Burgers (RRGB) and lower our price target to $25, from $29, following yesterday’s news of the resignation of CEO Denny Marie Post and the release of disappointing preliminary 1Q19 (March) results." (4/4/2019)
  • 3. Canaccord Genuity analysts commented, "We are maintaining our HOLD rating on RRGB following its full Q2 earnings release as dine-in traffic challenges and margin pressures persist. The execution of its team service model (in early ’18) and value focus has led to disappointing results thus far. Accordingly, RRGB will re-invest in training and tweak its Tavern Double offerings/pricing looking forward. While shares are trading at or near an industry-low valuation, a lack of earnings visibility keeps us on the sidelines. We are maintaining our FY18 EPS estimate of $1.81 but lowering our FY19 estimate to $2.03 from $2.15. Our price target remains $42, which is based on ~6.0x our 2019 EBITDA estimate." (8/22/2018)

Has Red Robin Gourmet Burgers been receiving favorable news coverage?

Media headlines about RRGB stock have trended very negative on Friday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Red Robin Gourmet Burgers earned a news impact score of -3.0 on InfoTrie's scale. They also gave media headlines about the restaurant operator a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near term.

Who are some of Red Robin Gourmet Burgers' key competitors?

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), Energy Transfer LP Unit (ET), Ford Motor (F), AT&T (T), Vivint Solar (VSLR), Celgene (CELG), Starbucks (SBUX), Best Buy (BBY), Martin Midstream Partners (MMLP) and CBL & Associates Properties (CBL).

Who are Red Robin Gourmet Burgers' key executives?

Red Robin Gourmet Burgers' management team includes the folowing people:
  • Ms. Pattye L. Moore, Interim Pres, CEO & Chairman (Age 61)
  • Mr. Guy J. Constant, Exec. VP & COO (Age 54)
  • Mr. Michael L. Kaplan, Sr. VP, Chief Legal Officer & Sec. (Age 50)
  • Ms. Denny Marie Post, Advisor (Age 61)
  • Mr. Jonathan A. Muhtar, Exec. VP & Chief Concept Officer (Age 47)

Who are Red Robin Gourmet Burgers' major shareholders?

Red Robin Gourmet Burgers' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.63%), Dimensional Fund Advisors LP (8.40%), BNP Paribas Arbitrage SA (3.49%), Goldman Sachs Group Inc. (3.33%), Elk Creek Partners LLC (2.00%) and Wedge Capital Management L L P NC (1.82%). Company insiders that own Red Robin Gourmet Burgers stock include Carin Stutz, Glenn B Kaufman, Guy J Constant, Pattye L Moore, Richard J Howell and Robert Blaine Aiken Jr. View Institutional Ownership Trends for Red Robin Gourmet Burgers.

Which institutional investors are selling Red Robin Gourmet Burgers stock?

RRGB stock was sold by a variety of institutional investors in the last quarter, including Kennedy Capital Management Inc., Wells Fargo & Company MN, Goldman Sachs Group Inc., Man Group plc, Charles Schwab Investment Management Inc., Parametric Portfolio Associates LLC, Alambic Investment Management L.P. and AQR Capital Management LLC. View Insider Buying and Selling for Red Robin Gourmet Burgers.

Which institutional investors are buying Red Robin Gourmet Burgers stock?

RRGB stock was acquired by a variety of institutional investors in the last quarter, including BNP Paribas Arbitrage SA, Dean Investment Associates LLC, GMT Capital Corp, Bank of Montreal Can, Quantum Capital Management, State of Wisconsin Investment Board, Foundry Partners LLC and California Public Employees Retirement System. Company insiders that have bought Red Robin Gourmet Burgers stock in the last two years include Carin Stutz and Guy J Constant. View Insider Buying and Selling for Red Robin Gourmet Burgers.

How do I buy shares of Red Robin Gourmet Burgers?

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

What is Red Robin Gourmet Burgers' stock price today?

One share of RRGB stock can currently be purchased for approximately $31.03.

How big of a company is Red Robin Gourmet Burgers?

Red Robin Gourmet Burgers has a market capitalization of $402.40 million and generates $1.34 billion in revenue each year. The restaurant operator earns $-6,420,000.00 in net income (profit) each year or $1.73 on an earnings per share basis. Red Robin Gourmet Burgers employs 27,283 workers across the globe.

What is Red Robin Gourmet Burgers' official website?

The official website for Red Robin Gourmet Burgers is http://www.redrobin.com/.

How can I contact Red Robin Gourmet Burgers?

Red Robin Gourmet Burgers' mailing address is 6312 S. Fiddler's Green Circle Suite 200 N, Greenwood Village CO, 80111. The restaurant operator can be reached via phone at 303-846-6000 or via email at [email protected]


MarketBeat Community Rating for Red Robin Gourmet Burgers (NASDAQ RRGB)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  463 (Vote Outperform)
Underperform Votes:  439 (Vote Underperform)
Total Votes:  902
MarketBeat's community ratings are surveys of what our community members think about Red Robin Gourmet Burgers and other stocks. Vote "Outperform" if you believe RRGB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RRGB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/24/2019 by MarketBeat.com Staff

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