Red Robin Gourmet Burgers (NASDAQ:RRGB) 1Q17 earnings; Beats Street View
- Author: Zachary Reyes May 19, 2017,
May 19, 2017, 12:48
It has by 0.00% the S&P500.
The biggest institutional shareholders in Red Robin Gourmet Burgers, Inc. include T. Rowe Price Associates, Inc. which owns 2 million shares in the company valued at $116.61 million. Using the following ratings scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell and 5.0 Strong Sell, analysts have an average recommendation of 1.00. The 6 months bullish chart indicates low risk for the $906.30M company. The 1-year high was reported on May, 17 by Barchart.com. The lowest price target is presently $41 and the analyst with the most aggressive opinion sees the stock going to $65.
About 530,796 shares traded or 23.65% up from the average. Standpoint Research cut shares of Red Robin Gourmet Burgers from a "buy" rating to a "hold" rating in a report on Tuesday, March 28th. (NASDAQ:RRGB) for 137,901 shares.
Investors sentiment increased to 1.1 in Q4 2016. Its down 0.16, from 1.08 in 2016Q3. Moreover, Electron Capital Partners Llc has 1.92% invested in the company for 428,294 shares. 21 funds opened positions while 35 raised stakes. Deutsche Bancorporation Ag, a Germany-based fund reported 32,649 shares.
Credit Suisse Ag holds 0% or 29,770 shares. 43,203 were accumulated by Bangor Retail Bank. Roberts Glore Il has invested 0.23% in AllianceBernstein Holding LP (NYSE:AB).
Over that same historical period, when shares of RRGB dropped in the extended-hours in reaction to its earnings announcement, history shows that 42.9% of the time (3 events) the stock dropped further, adding to the extended-hours losses by an average of 5.4% by the following regular session close.
Shares of Colgate-Palmolive climbed 6% after the company's chief executive officer made comments that suggested that he would be receptive to a potential takeover bid from a would-be acquirer.
Zacks offers analysts with an Average Broker Rating (or ABR), basing it on sell-side recommendations. The lowest target is $140 while the high is $176. They now have a Dollars 75 price target on the stock. For the last quarter, the stock has performed -4.00%. The stock has "Overweight" rating by Stephens on Friday, October 21. Maxim Group initiated it with "Buy" rating and $103 target in Friday, September 11 report. Credit Suisse upgraded Federal Realty Investment Trust (NYSE:FRT) rating on Thursday, August 20. The stock's market capitalization is 745.71M. The company was upgraded on Wednesday, December 14 by Bank of America. While the company's share hit the 52 week high on 05/17/17 stationing the value of $60.90.
Price to Earning P/E ratio and Forward P/E stand at 88.15 and 22.17 respectively.
Following U.S. election volatility some analysts have updated their recommended target prices on shares of Red Robin Gourmet Burgers, Inc. Therefore 67% are positive. Finally, Jefferies Group LLC reiterated a "hold" rating and issued a $52.00 target price on shares of Red Robin Gourmet Burgers in a research report on Tuesday, April 4th. The company was downgraded on Tuesday, September 13 by Bank of America. The stock has gained more than 36% since the start of the year. Red Robin Gourmet Burgers had a net margin of 2.49% and a return on equity of 11.87%. (NASDAQ:RRGB) earned "Buy" rating by Maxim Group on Thursday, January 7. Ameriprise Financial Inc. raised its stake in shares of Red Robin Gourmet Burgers by 772.5% in the first quarter. They now have a Dollars 55 price target on the stock. The firm has "Hold" rating given on Monday, August 31 by Zacks.
3/2/2017-Canaccord Genuity Reiterated Rating of Hold. STUTZ CARIN bought $52,690 worth of Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) for 15,137 shares.
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 a market cap of $934.63M and its 12 month revenue was nearly $1.30B. Red Robin Gourmet Burgers, Inc. It has a 82.33 P/E ratio. The Firm also offers burgers made from chicken breasts, fish fillets, turkey patties, as well as vegetarian and vegan options.