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

$31.61
+1.31 (+4.32 %)
(As of 08/18/2019 04:00 PM ET)
Today's Range
$30.30
Now: $31.61
$31.75
50-Day Range
$29.12
MA: $32.04
$34.88
52-Week Range
$24.57
Now: $31.61
$42.50
Volume311,000 shs
Average Volume335,926 shs
Market Capitalization$409.98 million
P/E Ratio18.27
Dividend YieldN/A
Beta1.13
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. Read More…

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$9.4641 per share
Book Value$29.50 per share

Profitability

Net Income$-6,420,000.00

Miscellaneous

Employees27,283
Market Cap$409.98 million
Next Earnings Date8/20/2019 (Estimated)
OptionableOptionable

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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) announced its quarterly earnings data on Thursday, May, 30th. The restaurant operator reported $0.19 EPS for the quarter, missing the Zacks' consensus estimate of $0.48 by $0.29. The restaurant operator earned $409.87 million during the quarter, compared to the consensus estimate of $408.98 million. Red Robin Gourmet Burgers had a negative net margin of 0.77% and a positive return on equity of 4.14%. The firm's quarterly revenue was down 2.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.69 earnings per share. 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 Tuesday, August 20th 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 Friday, August 23rd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 2016898560.

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

Red Robin Gourmet Burgers updated its FY 2019 earnings guidance on Thursday, May, 30th. The company provided EPS guidance of $1.14-1.77 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.22.

What price target have analysts set for RRGB?

10 Wall Street analysts have issued 1-year target prices for Red Robin Gourmet Burgers' shares. Their predictions range from $28.00 to $50.00. On average, they expect Red Robin Gourmet Burgers' share price to reach $37.75 in the next year. This suggests a possible upside of 19.4% 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?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Red Robin Gourmet Burgers in the last year. There are currently 8 hold ratings and 2 buy ratings 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 outperformed the industry in the past year.  The company reported first-quarter 2019 results, wherein earnings missed the consensus estimate but revenues came almost in line with the same. However, both the metrics declined on a year-over-year basis. The downside can be primarily attributed to soft comparable restaurant revenues due to decline in dine-in traffic. Further, earnings estimates for the current year have been revised downward over the past 7 days. 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 bode well. Particularly, its focus on value offerings and growing off-premise, online ordering business combines to ensure that Red Robin remains affordable." (8/5/2019)
  • 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?

News headlines about RRGB stock have been trending negative this week, according to InfoTrie Sentiment. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public 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 daily sentiment score of -2.3 on InfoTrie's scale. They also assigned news articles about the restaurant operator a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Red Robin Gourmet Burgers.

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), AT&T (T), Celgene (CELG), Ford Motor (F), Vivint Solar (VSLR), Starbucks (SBUX), Martin Midstream Partners (MMLP), QUALCOMM (QCOM) and Tesla (TSLA).

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 number of of retail and institutional investors. Top institutional investors include Price T Rowe Associates Inc. MD (17.78%), BlackRock Inc. (15.07%), Vanguard Group Inc. (6.72%), Investment Counselors of Maryland LLC (4.50%), Prudential Financial Inc. (1.94%) and Morgan Stanley (1.79%). 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 Vintage Capital Management Llc. View Institutional Ownership Trends for Red Robin Gourmet Burgers.

Which major investors are selling Red Robin Gourmet Burgers stock?

RRGB stock was sold by a variety of institutional investors in the last quarter, including BNP Paribas Arbitrage SA, Bank of New York Mellon Corp, Russell Investments Group Ltd., Stephens Inc. AR, Bank of Montreal Can, Schroder Investment Management Group, Schroder Investment Management Group and Pinebridge Investments L.P.. View Insider Buying and Selling for Red Robin Gourmet Burgers.

Which major investors are buying Red Robin Gourmet Burgers stock?

RRGB stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, B. Riley Financial Inc., Nuveen Asset Management LLC, Coatue Management LLC, Vanguard Group Inc., BlackRock Inc., Maverick Capital Ltd. and Price T Rowe Associates Inc. MD. Company insiders that have bought Red Robin Gourmet Burgers stock in the last two years include Carin Stutz, Glenn B Kaufman, Guy J Constant and Vintage Capital Management Llc. 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 $31.61.

How big of a company is Red Robin Gourmet Burgers?

Red Robin Gourmet Burgers has a market capitalization of $409.98 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.View Additional Information About Red Robin Gourmet Burgers.

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:  488 (Vote Outperform)
Underperform Votes:  456 (Vote Underperform)
Total Votes:  944
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 8/18/2019 by MarketBeat.com Staff

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