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

October 13, 2017 - By Richard Conner

 Analysts See $0.29 EPS for Red Robin Gourmet Burgers, Inc. (RRGB)
Investors sentiment decreased to 1.33 in 2017 Q2. Its down 0.16, from 1.49 in 2017Q1. It worsened, 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.
Usa Portformulas stated it has 0.11% of its portfolio in Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB). Panagora Asset reported 0% of its portfolio in Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB). Geode Cap Ltd Company accumulated 109,080 shares. Switzerland-based Swiss National Bank has invested 0% in Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB). Moreover, Ameriprise has 0.02% invested in Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB). Pinebridge Invests Ltd Partnership reported 0.03% of its portfolio in Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB). Wellington Group Limited Liability Partnership reported 322,044 shares or 0% of all its holdings. Driehaus Cap Mngmt Limited Com holds 0.25% in Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) or 103,430 shares. State Board Of Administration Of Florida Retirement System has 10,320 shares for 0% of their portfolio. Blackrock stated it has 1.58 million shares. Pennsylvania-based Vantage Inv Advsrs Ltd Co has invested 0% in Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB). Pnc Fin Services Grp Incorporated invested in 0% or 636 shares. Scopus Asset L P reported 0.23% of its portfolio in Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB). Art Advisors Ltd Liability owns 0.09% invested in Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) for 26,200 shares. Addison Clark Limited Liability Corp accumulated 35,874 shares.

Since May 26, 2017, it had 0 buys, and 3 sales for $846,747 activity. Another trade for 4,800 shares valued at $346,224 was sold by Howell Richard J. Aiken Robert Blaine Jr also sold $211,523 worth of Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) shares.

Analysts await Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) to report earnings on November, 1. They expect $0.29 earnings per share, 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 earnings per share 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. As per Tuesday, February 16, the company rating was maintained by Jefferies. The stock of Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) has “Hold” rating given on Monday, September 7 by Zacks. Stephens maintained the shares of RRGB in report on Friday, October 21 with “Overweight” rating. The firm has “Hold” rating by Jefferies given on Tuesday, August 8. The stock has “Hold” rating by Jefferies on Tuesday, July 26. The firm earned “Buy” rating on Friday, June 17 by Maxim Group. As per Thursday, September 28, the company rating was maintained by Canaccord Genuity. As per Thursday, August 27, the company rating was downgraded by Zacks. The stock of Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) has “Neutral” rating given on Wednesday, December 14 by Bank of America. The firm earned “Buy” rating on Friday, May 26 by Canaccord Genuity.

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: Fool.com which released: “Why Red Robin Gourmet Burgers, Inc. Stock Jumped 22.7% in May” on June 09, 2017, also Fool.com with their article: “Why Red Robin Gourmet Burgers, Inc. Fell 11% in September” published on October 09, 2016, Prnewswire.com published: “Red Robin Gourmet Burgers and Brews Debuts 1969 Lager and Hop Salt Seasoning …” on October 02, 2017. More interesting news about Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) were released by: Seekingalpha.com and their article: “Red Robin Gourmet Burgers (RRGB) Q2 2017 Results – Earnings Call Transcript” published on August 09, 2017 as well as Fool.com‘s news article titled: “Why Red Robin Gourmet Burgers, Inc. Stock Jumped 28% in March” with publication date: April 11, 2017.

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