During the recent session, Red Robin Gourmet Burgers Inc (NASDAQ:RRGB)’s traded shares were 0.39 million, with the beta value of the company hitting 2.65. At the last check today, the stock’s price was $6.14, reflecting an intraday gain of 4.05% or $0.24. The 52-week high for the RRGB share is $11.03, that puts it down -79.64 from that peak though still a striking 51.63% gain since the share price plummeted to a 52-week low of $2.97. The company’s market capitalization is $106.76M, and the average intraday trading volume over the past 10 days was 0.27 million shares, and the average trade volume was 293.12K shares over the past three months.

Red Robin Gourmet Burgers Inc (RRGB) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.80. RRGB has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.52.

Red Robin Gourmet Burgers Inc (NASDAQ:RRGB) trade information

Red Robin Gourmet Burgers Inc (RRGB) registered a 4.05% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 4.05% in intraday trading to $6.14, hitting a weekly high. The stock’s 5-day price performance is 10.81%, and it has moved by 15.61% in 30 days. Based on these gigs, the overall price performance for the year is -43.00%. The short interest in Red Robin Gourmet Burgers Inc (NASDAQ:RRGB) is 2.56 million shares and it means that shorts have 9.03 day(s) to cover.

The consensus price target of analysts on Wall Street is $11.5, which implies an increase of 46.61% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $11.5 and $11.5 respectively. As a result, RRGB is trading at a discount of -87.3% off the target high and -87.3% off the low.

Red Robin Gourmet Burgers Inc (RRGB) estimates and forecasts

Statistics show that Red Robin Gourmet Burgers Inc has underperformed its competitors in share price, compared to the industry in which it operates. Red Robin Gourmet Burgers Inc (RRGB) shares have gone up 8.46% during the last six months, with a year-to-date growth rate less than the industry average at -103.47% against 6.20. In the rating firms’ projections, revenue will decrease -4.54% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 285.2M as predicted by 3 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 396.99M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 309.02M and 388.54M respectively. In this case, analysts expect current quarter sales to shrink by -7.71% and then jump by 2.17% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -22.07%. While earnings are projected to return -95.97% in 2025.

RRGB Dividends

Red Robin Gourmet Burgers Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Red Robin Gourmet Burgers Inc (NASDAQ:RRGB)’s Major holders

Red Robin Gourmet Burgers Inc insiders own 16.19% of total outstanding shares while institutional holders control 64.33%, with the float percentage being 76.76%. ARCHON CAPITAL MANAGEMENT LLC is the largest shareholder of the company, while 82.0 institutions own stock in it. As of 2024-06-30, the company held over 1.19 million shares (or 7.6329% of all shares), a total value of $8.99 million in shares.

The next largest institutional holding, with 1.01 million shares, is of FIRST EAGLE INVESTMENT MANAGEMENT, LLC’s that is approximately 6.4738% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $7.62 million.

Also, the Mutual Funds coming in first place with the largest holdings of Red Robin Gourmet Burgers Inc (RRGB) shares are Vanguard Total Stock Market Index Fund and RBB Fund Inc.-Adara Smaller Companies Fund. Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 492.94 shares. This amounts to just over 2.83 percent of the company’s overall shares, with a $3.08 million market value. The same data shows that the other fund manager holds slightly less at 370.36, or about 2.13% of the stock, which is worth about $2.31 million.