EPS for Red Robin Gourmet Burgers, Inc. (RRGB) Expected At $0.55

January 21, 2018 - By Dolores Ford

 EPS for Red Robin Gourmet Burgers, Inc. (RRGB) Expected At $0.55
Investors sentiment decreased to 1.26 in Q3 2017. Its down 0.07, from 1.33 in 2017Q2. It worsened, 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.
Morgan Stanley reported 26,067 shares. Thomson Horstmann And Bryant stated it has 3,439 shares. Janney Montgomery Scott Limited Liability accumulated 8,340 shares. Ubs Asset Americas holds 0% or 17 shares. Falcon Point Capital Limited Liability Corporation reported 160,058 shares. Kbc Group Incorporated Nv has 0.03% invested in Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB). Weiss Multi has invested 0.21% of its portfolio in Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB). Teachers Retirement Systems Of The State Of Kentucky has invested 0% in Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB). 485 were reported by Zurcher Kantonalbank (Zurich Cantonalbank). Sei Company holds 18,557 shares or 0% of its portfolio. Thompson Siegel & Walmsley accumulated 205,716 shares. Amer Gp Inc has 10,204 shares. Public Sector Pension Invest Board holds 0% or 8,087 shares. Bancorporation Of Nova Scotia holds 15,962 shares or 0.01% of its portfolio. Barclays Public Ltd Com accumulated 10,700 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 rating was upgraded by Jefferies on Friday, December 22 to “Buy”. On Wednesday, August 9 the stock rating was maintained by Raymond James with “Strong Buy”. The stock of Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) earned “Overweight” rating by Stephens on Friday, October 21. The rating was upgraded by Canaccord Genuity to “Buy” on Friday, May 26. Jefferies maintained it with “Hold” rating and $6100 target in Tuesday, August 8 report. Jefferies maintained Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) rating on Tuesday, June 20. Jefferies has “Hold” rating and $6100 target. The company was downgraded on Tuesday, September 13 by Bank of America. The company was maintained on Tuesday, October 25 by Maxim Group. The rating was maintained by Canaccord Genuity on Thursday, September 28 with “Buy”. The stock of Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) earned “Buy” rating by Maxim Group on Friday, September 11.

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: Fool.com which released: “Why Red Robin Gourmet Burgers, Inc. Stock Skyrocketed Today” on May 17, 2017, also Seekingalpha.com with their article: “Red Robin Gourmet Burgers (RRGB) Q2 2017 Results – Earnings Call Transcript” published on August 09, 2017, Nasdaq.com published: “Bear of the Day: Red Robin Gourmet Burger (RRGB)” on November 21, 2017. More interesting news about Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) were released by: Prnewswire.com and their article: “Red Robin Gourmet Burgers and Brews Introduces Resolution-Friendly Gourmet …” published on January 02, 2018 as well as Fool.com‘s news article titled: “Why Red Robin Gourmet Burgers, Inc. Stock Plummeted Today” with publication date: November 07, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.