Red Robin Gourmet Burgers, Inc. (RRGB) Analysts See $0.55 EPS

January 21, 2018 - By Marie Mckinney

 Red Robin Gourmet Burgers, Inc. (RRGB) Analysts See $0.55 EPS
Investors sentiment decreased to 1.26 in 2017 Q3. Its down 0.07, from 1.33 in 2017Q2. It dropped, as 29 investors sold Red Robin Gourmet Burgers, Inc. shares while 39 reduced holdings. 31 funds opened positions while 55 raised stakes. 16.20 million shares or 1.24% more from 16.00 million shares in 2017Q2 were reported.
Fincl Bank Of Montreal Can reported 0% in Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB). Thomson Horstmann Bryant Inc holds 3,439 shares. Moreover, Alliancebernstein Lp has 0.03% invested in Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB). Guggenheim Cap Ltd owns 48,890 shares. Weiss Multi invested in 85,923 shares. Schwab Charles Investment has 108,191 shares for 0.01% of their portfolio. Voya Invest Lc, a Georgia-based fund reported 6,548 shares. Thrivent For Lutherans holds 7,860 shares. Susquehanna Intl Grp Inc Ltd Liability Partnership, a Pennsylvania-based fund reported 3,743 shares. The New York-based Highbridge Capital Mngmt Ltd Llc has invested 0.11% in Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB). 3,600 are held by Numeric Invsts Limited Co. Ameritas Prtnrs invested in 0% or 1,090 shares. J Goldman And Lp holds 0.04% or 11,576 shares. Quantitative Systematic Strategies Llc owns 6,554 shares. Winslow Evans & Crocker Inc, Massachusetts-based fund reported 1,000 shares.

Analysts expect Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) to report $0.55 EPS on February, 20.They anticipate $0.20 EPS change or 57.14 % from last quarter’s $0.35 EPS. RRGB’s profit would be $7.11M giving it 23.98 P/E if the $0.55 EPS is correct. After having $0.21 EPS previously, Red Robin Gourmet Burgers, Inc.’s analysts see 161.90 % EPS growth. The stock increased 0.48% or $0.25 during the last trading session, reaching $52.75. About 437,349 shares traded. Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) has risen 52.55% since January 21, 2017 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 39 analyst reports since August 27, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Saturday, September 5 by Jefferies. The firm has “Buy” rating given on Wednesday, August 9 by BTIG Research. The firm has “Strong Buy” rating given on Wednesday, August 9 by Raymond James. The firm has “Buy” rating given on Wednesday, May 17 by Bank of America. The firm has “Buy” rating by Canaccord Genuity given on Friday, November 3. The firm earned “Hold” rating on Tuesday, July 26 by Jefferies. The firm has “Overweight” rating by Stephens given on Friday, October 21. Maxim Group downgraded the stock to “Hold” rating in Tuesday, November 7 report. Maxim Group initiated it with “Buy” rating and $103 target in Friday, September 11 report. The company was maintained on Thursday, September 28 by Canaccord Genuity.

Red Robin Gourmet Burgers, Inc., together with its subsidiaries, develops, operates, and franchises casual-dining and fast-casual restaurants in the United States and Canada. The company has market cap of $682.37 million. As of November 14, 2017, it operated approximately 570 Red Robin restaurants. It has a 55.01 P/E ratio.

More notable recent Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) news were published by: Prnewswire.com which released: “Red Robin Gourmet Burgers and Brews Introduces Resolution-Friendly Gourmet …” on January 02, 2018, also Nasdaq.com with their article: “Bear of the Day: Red Robin Gourmet Burger (RRGB)” published on November 21, 2017, Fool.com published: “Why Red Robin Gourmet Burgers, Inc. Stock Skyrocketed Today” on May 17, 2017. More interesting news about Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) were released by: Seekingalpha.com and their article: “Keep Selling Red Robin Gourmet Burgers” published on May 08, 2017 as well as Fool.com‘s news article titled: “Why Red Robin Gourmet Burgers, Inc. Stock Plummeted Today” with publication date: November 07, 2017.

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