NASDAQ:RRGBRed Robin Gourmet Burgers Stock Price, Forecast & News

Red Robin Gourmet Burgers' stock was trading at $11.37 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, RRGB shares have decreased by 25.2% and is now trading at $8.51. View which stocks have been most impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Red Robin Gourmet Burgers in the last year. There are currently 1 sell rating, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Red Robin Gourmet Burgers.

Red Robin Gourmet Burgers is scheduled to release its next quarterly earnings announcement on Friday, August 28th 2020. View our earnings forecast for Red Robin Gourmet Burgers.

Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) released its earnings results on Wednesday, June, 10th. The restaurant operator reported ($6.66) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.61) by $5.05. The restaurant operator earned $306.07 million during the quarter, compared to analysts' expectations of $305.96 million. Red Robin Gourmet Burgers had a negative net margin of 15.10% and a negative return on equity of 25.04%. View Red Robin Gourmet Burgers' earnings history.

Red Robin Gourmet Burgers issued an update on its first quarter 2020 After-Hours earnings guidance on Friday, May, 29th. The company provided EPS guidance of for the period. The company issued revenue guidance of $306.1-306.1 million, compared to the consensus revenue estimate of $340.99 million.

8 brokerages have issued 1-year price targets for Red Robin Gourmet Burgers' stock. Their forecasts range from $10.00 to $42.00. On average, they anticipate Red Robin Gourmet Burgers' share price to reach $22.71 in the next twelve months. This suggests a possible upside of 166.9% from the stock's current price. View analysts' price targets for Red Robin Gourmet Burgers.

Press coverage about RRGB stock has trended neutral on Sunday, according to InfoTrie. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Red Robin Gourmet Burgers earned a daily sentiment score of 0.1 on InfoTrie's scale. They also assigned media stories about the restaurant operator a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an effect on the stock's share price in the near term. View the latest news about Red Robin Gourmet Burgers.

Red Robin Gourmet Burgers saw a increase in short interest in June. As of June 30th, there was short interest totaling 3,740,000 shares, an increase of 8.4% from the June 15th total of 3,450,000 shares. Based on an average trading volume of 1,060,000 shares, the short-interest ratio is presently 3.5 days. Currently, 31.2% of the shares of the company are short sold. View Red Robin Gourmet Burgers' Current Options Chain.

Some companies that are related to Red Robin Gourmet Burgers include Mcdonald's (MCD), Starbucks (SBUX), Chipotle Mexican Grill (CMG), Yum! Brands (YUM), Domino's Pizza (DPZ), Darden Restaurants (DRI), Dunkin Brands Group (DNKN), Wendys (WEN), Texas Roadhouse (TXRH), Papa John's Int'l (PZZA), Cracker Barrel Old Country Store (CBRL), Jack in the Box (JACK), Brinker International (EAT), Cheesecake Factory (CAKE) and Bloomin' Brands (BLMN). View all competitors.

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), AT&T (T), Carnival (CCL), Ford Motor (F), NVIDIA (NVDA), Starbucks (SBUX), CVS Health (CVS), Delta Air Lines (DAL) and Gilead Sciences (GILD).

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

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, Robinhood, Fidelity, and Charles Schwab.

One share of RRGB stock can currently be purchased for approximately $8.51.

Red Robin Gourmet Burgers has a market capitalization of $109.86 million and generates $1.32 billion in revenue each year. The restaurant operator earns $-7,900,000.00 in net income (profit) each year or $0.62 on an earnings per share basis. Red Robin Gourmet Burgers employs 24,586 workers across the globe.

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

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