Zacks Research Comments on Red Robin Gourmet Burgers, Inc.’s FY2026 Earnings (NASDAQ:RRGB)

Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) – Equities research analysts at Zacks Research cut their FY2026 EPS estimates for Red Robin Gourmet Burgers in a note issued to investors on Thursday, September 12th. Zacks Research analyst M. Kaushik now anticipates that the restaurant operator will post earnings per share of $0.32 for the year, down from their previous estimate of $0.37. The consensus estimate for Red Robin Gourmet Burgers’ current full-year earnings is ($2.18) per share.

RRGB has been the topic of a number of other research reports. Benchmark dropped their target price on shares of Red Robin Gourmet Burgers from $18.00 to $16.00 and set a “buy” rating on the stock in a research report on Tuesday, August 20th. Lake Street Capital dropped their target price on shares of Red Robin Gourmet Burgers from $17.00 to $16.00 and set a “buy” rating on the stock in a research report on Friday, August 23rd. Finally, Craig Hallum dropped their target price on shares of Red Robin Gourmet Burgers from $15.00 to $11.50 and set a “buy” rating on the stock in a research report on Friday, August 23rd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $13.13.

Red Robin Gourmet Burgers Stock Up 5.8 %

NASDAQ:RRGB opened at $3.26 on Friday. Red Robin Gourmet Burgers has a 12 month low of $2.97 and a 12 month high of $12.80. The firm has a market cap of $51.35 million, a price-to-earnings ratio of -1.85 and a beta of 2.74. The company’s 50 day moving average is $4.89 and its 200-day moving average is $6.39.

Red Robin Gourmet Burgers (NASDAQ:RRGB) last issued its quarterly earnings data 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 company had revenue of $300.15 million for the quarter, compared to analysts’ expectations of $295.57 million. During the same quarter in the previous year, the firm posted ($0.24) earnings per share.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Victory Capital Management Inc. lifted its position in Red Robin Gourmet Burgers by 1.9% during the 2nd quarter. Victory Capital Management Inc. now owns 110,850 shares of the restaurant operator’s stock valued at $839,000 after purchasing an additional 2,078 shares during the period. PNC Financial Services Group Inc. lifted its holdings in Red Robin Gourmet Burgers by 57.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 6,791 shares of the restaurant operator’s stock valued at $85,000 after buying an additional 2,491 shares during the period. Headlands Technologies LLC bought a new position in Red Robin Gourmet Burgers in the first quarter valued at approximately $25,000. Quarry LP bought a new position in Red Robin Gourmet Burgers in the second quarter valued at approximately $25,000. Finally, RK Capital Management LLC boosted its stake in Red Robin Gourmet Burgers by 1.6% in the fourth quarter. RK Capital Management LLC now owns 397,000 shares of the restaurant operator’s stock valued at $4,951,000 after acquiring an additional 6,100 shares during the last quarter. 84.04% of the stock is owned by institutional investors.

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.