Red Robin Gourmet Burgers (RRGB) to Release Quarterly Earnings on Tuesday
Red Robin Gourmet Burgers (NASDAQ:RRGB) will be issuing its Q114 quarterly earnings data on Tuesday, May 20th. Analysts expect the company to announce earnings of $0.72 per share and revenue of $334.80 million for the quarter. Parties interested in registering for the company’s conference call can do so using this link.
Shares of Red Robin Gourmet Burgers (NASDAQ:RRGB) opened at 61.94 on Monday. Red Robin Gourmet Burgers has a 52-week low of $46.11 and a 52-week high of $86.83. The stock has a 50-day moving average of $67.60 and a 200-day moving average of $71.7. The company has a market cap of $892.2 million and a P/E ratio of 28.06.
A number of analysts have recently weighed in on RRGB shares. Analysts at Zacks reiterated a “neutral” rating on shares of Red Robin Gourmet Burgers in a research note on Thursday, April 3rd. They now have a $76.00 price target on the stock. Finally, analysts at Raymond James raised their price target on shares of Red Robin Gourmet Burgers from $80.00 to $90.00 in a research note on Tuesday, February 18th. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Red Robin Gourmet Burgers presently has a consensus rating of “Buy” and an average target price of $83.00.
Red Robin Gourmet Burgers, Inc (NASDAQ:RRGB) together with its subsidiaries, is a casual dining restaurant chain focused on serving gourmet burgers.
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