Red Robin Gourmet Burgers, Inc. (RRGB) Analysts See $0.29 EPS

October 13, 2017 - By Henry Gaston

 Red Robin Gourmet Burgers, Inc. (RRGB) Analysts See $0.29 EPS
Investors sentiment decreased to 1.33 in 2017 Q2. Its down 0.16, from 1.49 in 2017Q1. It dived, as 20 investors sold Red Robin Gourmet Burgers, Inc. shares while 50 reduced holdings. 41 funds opened positions while 52 raised stakes. 16.00 million shares or 1.08% less from 16.18 million shares in 2017Q1 were reported.
Trexquant Invest Lp reported 5,210 shares or 0.09% of all its holdings. Benjamin F Edwards holds 0.02% in Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) or 2,127 shares. Two Sigma Limited holds 0.05% or 4,101 shares. Smith Graham Com Advsr Lp holds 126,137 shares or 0.89% of its portfolio. Public Employees Retirement Of Ohio holds 0% or 1,871 shares. 371,337 are held by Hood River Cap Ltd Limited Liability Company. Invesco Ltd reported 92,210 shares. The New York-based New York State Common Retirement Fund has invested 0% in Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB). Advisory Serv has 0.08% invested in Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB). Zurcher Kantonalbank (Zurich Cantonalbank) reported 0% in Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB). American Century holds 230,859 shares. Mason Street Limited Liability Com invested 0.01% in Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB). 21,500 were accumulated by Millrace Asset Grp Incorporated. Tiaa Cref Inv Mgmt Ltd Limited Liability Company invested 0% in Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB). Daruma Management Ltd Co invested in 856,225 shares.

Since May 26, 2017, it had 0 insider purchases, and 3 insider sales for $846,747 activity. 4,000 shares were sold by Kaufman Glenn B., worth $289,000. Aiken Robert Blaine Jr had sold 2,946 shares worth $211,523.

Analysts await Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) to report earnings on November, 1. They expect $0.29 EPS, down 23.68 % or $0.09 from last year’s $0.38 per share. RRGB’s profit will be $3.75M for 55.22 P/E if the $0.29 EPS becomes a reality. After $0.61 actual EPS reported by Red Robin Gourmet Burgers, Inc. for the previous quarter, Wall Street now forecasts -52.46 % negative EPS growth. The stock decreased 0.77% or $0.5 during the last trading session, reaching $64.05. About 277,245 shares traded. Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) has risen 52.55% since October 14, 2016 and is uptrending. It has outperformed by 35.85% the S&P500.

Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) Ratings Coverage

Among 9 analysts covering Red Robin Gourmet Burgers (NASDAQ:RRGB), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Red Robin Gourmet Burgers had 31 analyst reports since August 27, 2015 according to SRatingsIntel. The company was maintained on Monday, September 11 by Jefferies. Bank of America upgraded Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) on Wednesday, May 17 to “Buy” rating. The stock of Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) earned “Buy” rating by Maxim Group on Friday, February 12. The company was downgraded on Thursday, August 27 by Zacks. The stock of Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) earned “Hold” rating by Jefferies on Tuesday, June 20. BTIG Research upgraded Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) on Wednesday, August 9 to “Buy” rating. As per Tuesday, February 16, the company rating was maintained by Jefferies. The firm has “Buy” rating given on Thursday, January 12 by Maxim Group. Canaccord Genuity upgraded Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) on Friday, May 26 to “Buy” rating. Zacks upgraded it to “Hold” rating and $91 target in Monday, August 31 report.

Red Robin Gourmet Burgers, Inc., together with its subsidiaries, primarily develops, operates, and franchises full-service restaurants in North America and focuses on serving selection of gourmet burgers. The company has market cap of $828.02 million. The Company’s menu features a line of gourmet burgers, which it makes from ground beef, as well as its line of Red’s Tavern Double Burgers and its Red Robin’s line of half-pound Angus beef burgers with various toppings. It has a 98.57 P/E ratio. The Firm also offers burgers made from chicken breasts, fish fillets, turkey patties, as well as vegetarian and vegan options.

More notable recent Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) news were published by: Seekingalpha.com which released: “Red Robin: Still Building An Empty Nest” on April 17, 2017, also Prnewswire.com with their article: “Red Robin Gourmet Burgers and Brews Debuts 1969 Lager and Hop Salt Seasoning …” published on October 02, 2017, Seekingalpha.com published: “Keep Selling Red Robin Gourmet Burgers” on May 08, 2017. More interesting news about Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) were released by: Fool.com and their article: “Why Red Robin Gourmet Burgers, Inc. Stock Jumped 28% in March” published on April 11, 2017 as well as Fool.com‘s news article titled: “Why Red Robin Gourmet Burgers, Inc. Stock Jumped 22.7% in May” with publication date: June 09, 2017.

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