Zacks Research Has Negative Forecast for RRGB Q4 Earnings

Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) – Investment analysts at Zacks Research cut their Q4 2026 earnings estimates for shares of Red Robin Gourmet Burgers in a report issued on Tuesday, February 11th. Zacks Research analyst M. Kaushik now expects that the restaurant operator will post earnings per share of $0.44 for the quarter, down from their prior forecast of $0.47. The consensus estimate for Red Robin Gourmet Burgers’ current full-year earnings is ($2.93) per share.

Red Robin Gourmet Burgers Price Performance

RRGB stock opened at $5.17 on Thursday. Red Robin Gourmet Burgers has a 1 year low of $2.97 and a 1 year high of $10.61. The firm has a market capitalization of $89.92 million, a PE ratio of -1.57 and a beta of 2.65. The business has a 50 day simple moving average of $5.57 and a 200-day simple moving average of $5.14.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Quantbot Technologies LP acquired a new position in shares of Red Robin Gourmet Burgers in the 3rd quarter valued at $34,000. R Squared Ltd purchased a new stake in Red Robin Gourmet Burgers in the 4th quarter valued at about $52,000. Raymond James Financial Inc. acquired a new position in Red Robin Gourmet Burgers in the fourth quarter valued at about $63,000. Barclays PLC lifted its position in Red Robin Gourmet Burgers by 489.6% in the fourth quarter. Barclays PLC now owns 12,270 shares of the restaurant operator’s stock valued at $67,000 after buying an additional 10,189 shares during the last quarter. Finally, Wolverine Trading LLC purchased a new position in Red Robin Gourmet Burgers during the third quarter worth about $55,000. 84.04% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Red Robin Gourmet Burgers

In other news, insider Jumana Capital Investments Llc purchased 800,454 shares of the business’s stock in a transaction dated Tuesday, December 3rd. The stock was acquired at an average price of $5.19 per share, for a total transaction of $4,154,356.26. Following the acquisition, the insider now directly owns 1,614,906 shares of the company’s stock, valued at approximately $8,381,362.14. This represents a 98.28 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.19% of the stock is owned by company insiders.

Red Robin Gourmet Burgers Company Profile

Red Robin Gourmet Burgers, Inc, together with its subsidiaries, develops, operates, and franchises casual-dining restaurants, in North America and one Canadian province. Its restaurants primarily offer burgers and pizza, appetizers, salads, soups, other entrees, desserts, wings, milkshakes, alcoholic and non-alcoholic specialty drinks, cocktails, wine, and beers.