Red Robin Gourmet Burgers Company Profile (NASDAQ:RRGB)

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

Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) posted its quarterly earnings results on Tuesday, May, 16th. The company reported $0.89 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.58 by $0.31. The company had revenue of $418.60 million for the quarter, compared to the consensus estimate of $416.48 million. Red Robin Gourmet Burgers had a net margin of 0.69% and a return on equity of 8.73%. The firm's revenue was up 4.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.27 EPS. View Red Robin Gourmet Burgers' Earnings History.

Red Robin Gourmet Burgers updated its FY17 earnings guidance on Tuesday, May, 16th. The company provided earnings per share (EPS) guidance of $2.80-3.10 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.76.

10 brokers have issued 12 month target prices for Red Robin Gourmet Burgers' stock. Their predictions range from $52.00 to $90.00. On average, they expect Red Robin Gourmet Burgers' share price to reach $74.78 in the next twelve months. View Analyst Ratings for Red Robin Gourmet Burgers.

Here are some recent quotes from research analysts about Red Robin Gourmet Burgers stock:

• 1. Maxim Group analysts commented, "We maintain our Buy rating and $80 price target on Red Robin Gourmet Burgers (RRGB) following the company’s investor day conference held earlier today in Denver. We believe the key points from the conference were as follows: (1) focusing on margin expansion; (2) increasing off-premise sales; (3) shifting development toward franchising and away from malls; and (4) boosting shareholder returns." (5/23/2017)
• 2. According to Zacks Investment Research, "Red Robin’s shares have outpaced the Zacks classified Retail-Restaurants industry over the past three months. The company’s first-quarter 2017 adjusted earnings of $0.89 per share topped the Zacks Consensus Estimate by 53.4% but fell 29.9% year over year due to lower comps and margins. Revenues rose 4.1% year over year to $418.6 million and beat the consensus mark by 0.4%. It also raised its earnings guidance for 2017. However, Red Robin expects the current challenging operating environment to continue affecting business in the first-half 2017. Even so, initiatives undertaken to improve sales and regain market share as the year progresses, bodes well. Efforts to strengthen the brand via menu innovation, remodeling programs and continued focus on off-premise, online ordering business are encouraging. Yet, a slowdown in company’s 2017 unit growth plan could weigh on its revenues while higher labor costs are likely to hurt profits." (5/19/2017)
• 3. Canaccord Genuity analysts commented, "We also note that guidance implies hockey-stick performance in 2H17. We are increasing our PT to $62 (from $52), which is based on ~7x our 2018 EBITDA estimate of $163.7 million." (5/17/2017)
• 4. Bank of America Corporation analysts commented, "Low valuation is a risk to our call, but low margins leave the company exposed to sharp corrections if sales remain weak." (9/13/2016)

Some companies that are related to Red Robin Gourmet Burgers include Domino's Pizza Group PLC. (DOM), Sonic Corp. (SONC), Wingstop (WING), Del Taco Restaurants (TACO), Carrols Restaurant Group (TAST), Fogo de Chao (FOGO), Noodles & Company (NDLS), Jamba (JMBA), Papa Murphy's Holdings (FRSH), Country Syl Ckng Restaurant Chain Co Ltd (CCSC) and Popeyes Louisiana Kitchen (PLKI).

Red Robin Gourmet Burgers' management team includes the folowing people:

• Pattye L. Moore, Independent Chairman of the Board
• Denny Marie Post, President, Chief Executive Officer, Director
• Guy J. Constant, Chief Financial Officer, Executive Vice President, Chief Accounting Officer, Principal Accounting Officer
• Carin L. Stutz, Chief Operating Officer, Executive Vice President
• Michael Furlow, Senior Vice President, Chief Information Officer
• Jonathan A. Muhtar, Senior Vice President, Chief Marketing Officer
• Michael L. Kaplan, Senior Vice President, Secretary and Chief Legal Officer
• Cathy Cooney, Senior Vice President, Chief People Officer
• Les L. Lehner, Senior Vice President of Real Estate and Development
• Jeff Melnick, Senior Vice President-Operations

Red Robin Gourmet Burgers' stock is owned by many different of institutional and retail investors. Top institutional investors include Peregrine Capital Management LLC (1.35%), Smith Graham & Co. Investment Advisors LP (0.98%), Russell Investments Group Ltd. (0.95%), Aperio Group LLC (0.09%), Nisa Investment Advisors LLC (0.07%) and Campbell & CO Investment Adviser LLC (0.07%). Company insiders that own Red Robin Gourmet Burgers stock include Carin Stutz, Glenn B Kaufman, Guy J Constant, Robert Blaine Aiken Jr, Stephen E Carley, Stuart B Brown and Stuart I Oran. View Institutional Ownership Trends for Red Robin Gourmet Burgers.

Red Robin Gourmet Burgers' stock was sold by a variety of institutional investors in the last quarter, including Thomson Horstmann & Bryant Inc. and Smith Graham & Co. Investment Advisors LP. Company insiders that have sold Red Robin Gourmet Burgers stock in the last year include Glenn B Kaufman, Robert Blaine Aiken Jr and Stuart B Brown. View Insider Buying and Selling for Red Robin Gourmet Burgers.

Red Robin Gourmet Burgers' stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Campbell & CO Investment Adviser LLC, Aperio Group LLC, Peregrine Capital Management LLC, Acadian Asset Management LLC and State of Alaska Department of Revenue. Company insiders that have bought Red Robin Gourmet Burgers stock in the last two years include Carin Stutz, Glenn B Kaufman, Guy J Constant, Stephen E Carley and Stuart B Brown. View Insider Buying and Selling for Red Robin Gourmet Burgers.

Shares of Red Robin Gourmet Burgers can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Red Robin Gourmet Burgers stock can currently be purchased for approximately $63.15.