Red Robin Gourmet Burgers (RRGB) to Release Earnings on Wednesday

Red Robin Gourmet Burgers (NASDAQ:RRGB) will likely be issuing its earnings results after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of ($0.50) per share and revenue of $285.20 million for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Red Robin Gourmet Burgers Price Performance

Shares of NASDAQ:RRGB opened at $4.70 on Tuesday. The company has a 50 day moving average of $5.51 and a 200-day moving average of $5.10. Red Robin Gourmet Burgers has a one year low of $2.97 and a one year high of $9.34. The stock has a market cap of $81.74 million, a price-to-earnings ratio of -1.43 and a beta of 2.65.

Insiders Place Their Bets

In related news, insider Jumana Capital Investments Llc bought 800,454 shares of Red Robin Gourmet Burgers stock in a transaction on Tuesday, December 3rd. The shares were purchased at an average price of $5.19 per share, for a total transaction of $4,154,356.26. Following the completion of the acquisition, the insider now owns 1,614,906 shares in the company, 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 document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 3.19% of the company’s stock.

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.