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) released its quarterly earnings results on Tuesday, August, 8th. The company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.10. The firm earned $315.80 million during the quarter, compared to the consensus estimate of $315.69 million. Red Robin Gourmet Burgers had a net margin of 0.64% and a return on equity of 8.00%. The company's revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.75 EPS. View Red Robin Gourmet Burgers' Earnings History.

Red Robin Gourmet Burgers is scheduled to release their next quarterly earnings announcement on Tuesday, October, 31st 2017. View Earnings Estimates for Red Robin Gourmet Burgers.

Red Robin Gourmet Burgers issued an update on its third quarter earnings guidance on Tuesday, August, 8th. The company provided earnings per share (EPS) guidance of $0.20-$0.30 for the period, compared to the Thomson Reuters consensus estimate of $0.55.

10 equities research analysts have issued twelve-month price targets for Red Robin Gourmet Burgers' shares. Their forecasts range from $52.00 to $85.00. On average, they anticipate Red Robin Gourmet Burgers' stock price to reach $72.67 in the next year. View Analyst Ratings for Red Robin Gourmet Burgers.

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

• 1. According to Zacks Investment Research, "Red Robin’s second-quarter 2017 adjusted earnings of $0.61 per share topped the Zacks Consensus Estimate by 19.6% but fell 18.7% year over year due to lower margins. Revenues rose 3.3% year over year to $315.8 million and topped the consensus mark by 0.3%. Additionally, initiatives undertaken to improve sales and regain market share as the year progresses, bode well. Also, efforts to strengthen the brand via menu innovation, focus on increasing service speed, effective marketing strategy, 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 and increased investments in initiatives are likely to hurt profits. Moreover, a challenging retail environment in the U.S. restaurants space could harm revenue growth. Notably, shares of the company have also underperformed the industry year to date." (8/10/2017)
• 2. 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)
• 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)

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 a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.29%), Dimensional Fund Advisors LP (8.39%), Daruma Capital Management LLC (6.62%), Ameriprise Financial Inc. (5.90%), Vanguard Group Inc. (5.48%) and Alliancebernstein L.P. (3.78%). 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 Cramer Rosenthal Mcglynn LLC, Thomson Horstmann & Bryant Inc., Thompson Siegel & Walmsley LLC, Wells Fargo & Company MN, American Century Companies Inc., State of Wisconsin Investment Board, Kennedy Capital Management 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 bought by a variety of institutional investors in the last quarter, including Daruma Capital Management LLC, Monarch Partners Asset Management LLC, Falcon Point Capital LLC, Castleark Management LLC, Emerald Advisers Inc. PA, Russell Investments Group Ltd., Emerald Mutual Fund Advisers Trust and Parametric Portfolio Associates LLC. 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 $62.90.