Q1 2025 EPS Estimates for Red Robin Gourmet Burgers, Inc. Reduced by Zacks Research (NASDAQ:RRGB)

Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) – Research analysts at Zacks Research cut their Q1 2025 EPS estimates for shares of Red Robin Gourmet Burgers in a note issued to investors on Wednesday, August 21st. Zacks Research analyst M. Kaushik now anticipates that the restaurant operator will earn ($0.07) per share for the quarter, down from their previous forecast of $0.05. The consensus estimate for Red Robin Gourmet Burgers’ current full-year earnings is ($1.79) per share. Zacks Research also issued estimates for Red Robin Gourmet Burgers’ Q2 2025 earnings at ($0.06) EPS and FY2025 earnings at ($0.72) EPS.

Several other equities research analysts have also issued reports on the stock. Lake Street Capital reduced their target price on shares of Red Robin Gourmet Burgers from $17.00 to $16.00 and set a “buy” rating for the company in a report on Friday. Craig Hallum cut their target price on shares of Red Robin Gourmet Burgers from $15.00 to $11.50 and set a “buy” rating for the company in a report on Friday. Finally, Benchmark reduced their price objective on Red Robin Gourmet Burgers from $18.00 to $16.00 and set a “buy” rating on the stock in a research note on Tuesday, August 20th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Red Robin Gourmet Burgers presently has an average rating of “Hold” and a consensus price target of $13.13.

Red Robin Gourmet Burgers Price Performance

Shares of RRGB stock opened at $4.34 on Monday. The firm has a fifty day moving average price of $6.08 and a 200-day moving average price of $7.03. The company has a market cap of $68.07 million, a price-to-earnings ratio of -2.47 and a beta of 2.75. Red Robin Gourmet Burgers has a 1 year low of $3.92 and a 1 year high of $12.80.

Red Robin Gourmet Burgers (NASDAQ:RRGB) last released its quarterly earnings results on Thursday, August 22nd. The restaurant operator reported ($0.48) earnings per share for the quarter, missing the consensus estimate of ($0.41) by ($0.07). The firm had revenue of $300.15 million during the quarter, compared to analysts’ expectations of $295.57 million. During the same quarter last year, the firm earned ($0.24) earnings per share.

Hedge Funds Weigh In On Red Robin Gourmet Burgers

A number of large investors have recently bought and sold shares of RRGB. Victory Capital Management Inc. increased its stake in shares of Red Robin Gourmet Burgers by 4.6% during the fourth quarter. Victory Capital Management Inc. now owns 62,550 shares of the restaurant operator’s stock valued at $780,000 after buying an additional 2,750 shares during the period. First Eagle Investment Management LLC boosted its position in Red Robin Gourmet Burgers by 17.7% during the fourth quarter. First Eagle Investment Management LLC now owns 889,413 shares of the restaurant operator’s stock valued at $11,091,000 after purchasing an additional 133,787 shares in the last quarter. Panagora Asset Management Inc. grew its stake in Red Robin Gourmet Burgers by 35.5% in the fourth quarter. Panagora Asset Management Inc. now owns 44,794 shares of the restaurant operator’s stock valued at $559,000 after purchasing an additional 11,730 shares during the last quarter. Pacific Ridge Capital Partners LLC lifted its position in shares of Red Robin Gourmet Burgers by 23.0% during the fourth quarter. Pacific Ridge Capital Partners LLC now owns 637,588 shares of the restaurant operator’s stock valued at $7,951,000 after buying an additional 119,351 shares during the last quarter. Finally, Campbell & CO Investment Adviser LLC boosted its holdings in shares of Red Robin Gourmet Burgers by 109.5% in the 4th quarter. Campbell & CO Investment Adviser LLC now owns 82,028 shares of the restaurant operator’s stock valued at $1,023,000 after buying an additional 42,875 shares in the last quarter. Hedge funds and other institutional investors own 84.04% 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.