Red Robin Gourmet Burgers, Inc. to Post FY2025 Earnings of ($1.17) Per Share, Zacks Research Forecasts (NASDAQ:RRGB)

Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB – Get Rating) – Investment analysts at Zacks Research issued their FY2025 earnings per share (EPS) estimates for shares of Red Robin Gourmet Burgers in a research note issued on Tuesday, March 14th. Zacks Research analyst M. Kaushik anticipates that the restaurant operator will post earnings of ($1.17) per share for the year. The consensus estimate for Red Robin Gourmet Burgers’ current full-year earnings is ($1.21) per share.

RRGB has been the subject of several other reports. CL King initiated coverage on Red Robin Gourmet Burgers in a research report on Tuesday, December 20th. They issued a “neutral” rating for the company. Jefferies Financial Group lowered Red Robin Gourmet Burgers from a “buy” rating to a “hold” rating in a research report on Wednesday, December 21st. Benchmark upgraded Red Robin Gourmet Burgers from a “hold” rating to a “buy” rating and set a $14.00 price objective for the company in a research report on Wednesday, March 1st. Finally, StockNews.com started coverage on Red Robin Gourmet Burgers in a research report on Thursday. They issued a “hold” rating for the company. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $14.00.

Red Robin Gourmet Burgers Price Performance

Shares of RRGB opened at $12.02 on Thursday. The company has a debt-to-equity ratio of 37.80, a quick ratio of 0.43 and a current ratio of 0.55. The stock has a 50 day simple moving average of $9.58 and a 200 day simple moving average of $8.12. Red Robin Gourmet Burgers has a 52-week low of $5.35 and a 52-week high of $18.47. The firm has a market capitalization of $192.20 million, a PE ratio of -2.45 and a beta of 2.72.

Institutional Investors Weigh In On Red Robin Gourmet Burgers

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Pacific Ridge Capital Partners LLC bought a new stake in Red Robin Gourmet Burgers in the 3rd quarter valued at $983,000. Commonwealth Equity Services LLC bought a new stake in Red Robin Gourmet Burgers in the 4th quarter valued at $118,000. Connor Clark & Lunn Investment Management Ltd. raised its stake in Red Robin Gourmet Burgers by 24.1% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 63,563 shares of the restaurant operator’s stock valued at $355,000 after acquiring an additional 12,362 shares during the period. TD Asset Management Inc raised its stake in Red Robin Gourmet Burgers by 41.6% in the 4th quarter. TD Asset Management Inc now owns 29,926 shares of the restaurant operator’s stock valued at $167,000 after acquiring an additional 8,798 shares during the period. Finally, Hsbc Holdings PLC bought a new stake in Red Robin Gourmet Burgers in the 3rd quarter valued at $96,000. Institutional investors own 68.27% of the company’s stock.

Insider Buying and Selling at Red Robin Gourmet Burgers

In other news, CEO Gerard Johan Hart bought 25,000 shares of the business’s stock in a transaction on Friday, March 10th. The shares were purchased at an average price of $11.99 per share, for a total transaction of $299,750.00. Following the purchase, the chief executive officer now owns 183,656 shares of the company’s stock, valued at approximately $2,202,035.44. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. In related news, insider Joshua Todd Wilson acquired 10,000 shares of the company’s stock in a transaction dated Friday, March 3rd. The shares were bought at an average price of $11.22 per share, for a total transaction of $112,200.00. Following the purchase, the insider now directly owns 55,395 shares in the company, valued at approximately $621,531.90. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Gerard Johan Hart acquired 25,000 shares of the company’s stock in a transaction dated Friday, March 10th. The shares were bought at an average price of $11.99 per share, for a total transaction of $299,750.00. Following the purchase, the chief executive officer now owns 183,656 shares in the company, valued at $2,202,035.44. The disclosure for this purchase can be found here. In the last quarter, insiders have bought 36,751 shares of company stock worth $431,946. Corporate insiders own 3.30% of the company’s stock.

Red Robin Gourmet Burgers Company Profile

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Red Robin Gourmet Burgers, Inc develops, operates, and franchises full-service restaurants North America. It serves a variety of salads, soups, appetizers, other entrees, desserts, signature alcoholic and non-alcoholic beverages. The company was founded in September 1969 and is headquartered in Englewood, CO.