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Main » Red Robin 1Q same-store sales fall 1.2%

Red Robin 1Q same-store sales fall 1.2%

18 May 2017

It increased, as 17 investors sold Red Robin Gourmet Burgers, Inc. shares while 52 reduced holdings. Given its history, traders can expect light trading in the issue immediately following its quarterly earnings announcement. (NASDAQ:RRGB) during the first quarter, according to its most recent filing with the SEC. (RRGB) has the trading volume of 4.78 Million shares with the average trading volume of 983910 shares. Red Robin Gourmet Burgers's revenue for the quarter was up 4.1% compared to the same quarter previous year.

Percent of time added to extended-hours losses: 42.9%.

On 2/24/2017 Guy J. Constant, CFO, bought 5,000 with an average share price of $47.30 per share and the total transaction amounting to $236,500.00. (NASDAQ:RRGB) to report earnings on May, 16 for the fiscal quarter ending Mar 2017. The correct version of this report can be accessed at https://www.thecerbatgem.com/2017/05/17/analysts-anticipate-red-robin-gourmet-burgers-inc-rrgb-will-post-earnings-of-0-58-per-share-updated.html. A beta approximates the overall volatility of a security's returns against the returns of a relevant benchmark (usually the S&P 500 is used). Moreover, Deutsche Bancorporation Ag has 0% invested in Red Robin Gourmet Burgers, Inc. -Earnings Decline (Y-o-Y): -34.2% -EPS (Q1): $0.89 vs. $1.27 a year ago. The company has market cap of $19.67 million. The stock has an average rating of "Hold" and a consensus target price of $61.14. Maxim Group increased their price objective on Red Robin Gourmet Burgers from $70.00 to $75.00 and gave the company a "buy" rating in a research report on Thursday, May 11th. Ameriprise Financial Inc. now owns 770,351 shares of the restaurant operator's stock valued at $45,027,000 after buying an additional 682,062 shares in the last quarter. The firm has a 50-day moving average of $58.81 and a 200 day moving average of $53.08. During the same quarter a year ago, the firm posted $1.27 earnings per share. Standpoint Research lowered shares of Red Robin Gourmet Burgers from a "buy" rating to a "hold" rating in a report on Tuesday, March 28th. Its Current ratio for most recent quarter of 0.70. Important factors to focus when evaluating a stock's present and future value are the 52 week price high and low levels.

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Zacks offers analysts with an Average Broker Rating (or ABR), basing it on sell-side recommendations.

While a beat and raise in the 1Q is being viewed positively by the market, we continue to see the longer-term bull case in RRGB being driven by margin enhancement (as EBITDA margins continue to trail peers) and sales improvement, largely driven by off-premise (where RRGB's ~5.5% of sales trails the category's mid-teens mix). North Star Management accumulated 100 shares or 0% of the stock. KeyCorp also issued estimates for Red Robin Gourmet Burgers' FY2017 earnings at $2.70 EPS. The stock was trading on above-average volume.

05/17/2016 - Red Robin Gourmet Burgers, Inc. was downgraded to " by analysts at KeyBanc.

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02/22/2017 - Red Robin Gourmet Burgers, Inc. had its " rating reiterated by analysts at Stephens. (NASDAQ:RRGB) hit a new 52-week high and has $69.32 target or 4.00% above today's $66.65 share price. State Of Alaska Department Of Revenue stated it has 0.01% of its portfolio in Red Robin Gourmet Burgers, Inc.

Bancorporation Of America Corp De has 0% invested in Red Robin Gourmet Burgers, Inc. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Red Robin Gourmet Burgers, Inc. with MarketBeat.com's FREE daily email newsletter. 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.

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Red Robin 1Q same-store sales fall 1.2%