Red Robin Gourmet Burgers Inc (RRGB) Stock Forecast & Price Target
Red Robin Gourmet Burgers Inc · NASDAQ
$7.52+0.19 (+2.59%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 2 firms covering Red Robin Gourmet Burgers Inc, 2 rate it Buy or better, 0 sit at Hold, and 0 rate it Sell or worse, a strong buy consensus. Targets are tightly clustered, $7.00 to $8.00, so the covering firms are broadly aligned. The average target of $7.50 is roughly in line with the current $7.52. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $-0.37 next quarter toward $0.15 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS2 ratings
Strong Buy
Strong Buy00%
Buy2100%
Hold00%
Sell00%
Strong Sell00%
Based on 2 analysts giving stock ratings to Red Robin Gourmet Burgers Inc.
As of Jul, 2 of 2 firms rate RRGB a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
RRGB EPS & revenue forecast
EPS · NEXT QUARTER
$-0.37
Range $-0.41 – $-0.33 · 4 analysts · -47% YoY
Next period, 4 analysts expect Red Robin Gourmet Burgers Inc to earn $-0.37 a share (range $-0.41 – $-0.33), versus $-0.70 a year earlier. Full-year consensus is $-0.32, growing to $0.15 the year after.
REVENUE · NEXT QUARTER
$250.9M
Range $245.8M – $254.3M · 4 analysts · -5% YoY
Revenue is expected to reach $250.9M (range $245.8M – $254.3M), -5.4% year-over-year. Full-year consensus is $1.2B, rising to $1.1B next year.
Top analysts covering Red Robin Gourmet Burgers Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on RRGB.
#1
Mark Smith
Lake Street · Rank #326
Buy
$16.00+112.8% to target
Overall win rate
32%
+ Follow
#2
Todd M. Brooks
Benchmark · Rank #354
Buy
$8.00+6.4% to target
Overall win rate
26%
+ Follow
#3
Andy Barish
Jefferies
Buy
$7.00-6.9% to target
Coverage
—
+ Follow
#4
JH
Jeremy Hamblin
Craig-Hallum
Buy
$11.50+52.9% to target
Coverage
—
+ Follow
#5
AS
Alexander Slagle
Jefferies
Buy
$7.00-6.9% to target
Coverage
—
+ Follow
RRGB stock forecast FAQ
What is RRGB's average 12-month price target?+
The 2 analysts with a live target average $7.50 for Red Robin Gourmet Burgers Inc over the next 12 months, ranging from a $8.00 high to a $7.00 low.
Is RRGB stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 2 analyst ratings, 2 are Buy or Strong Buy, 0 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for RRGB?+
The Street-high target is $8.00 (Benchmark), and the Street-low is $7.00 (Jefferies). The average of all 2 active targets is $7.50.
How many Wall Street analysts cover RRGB?+
2 analysts have an active rating on Red Robin Gourmet Burgers Inc, and 2 firms carry a live 12-month price target.
Who is the most accurate analyst covering RRGB?+
Among analysts who currently cover RRGB, Mark Smith of Lake Street has the strongest overall Quantellect track record (Rank #326). Their current call is Buy with a $16.00 target.
What is Red Robin Gourmet Burgers Inc's projected EPS for next quarter?+
The consensus estimate is $-0.37 per share (range $-0.41 – $-0.33) across 4 analysts. Full-year EPS is projected at $-0.32, rising to $0.15 the following year.
How much revenue is Red Robin Gourmet Burgers Inc expected to report next quarter?+
Consensus revenue is $250.9M (range $245.8M – $254.3M). Full-year revenue is projected at $1.2B, growing to $1.1B next year.
Have analysts been upgrading or downgrading RRGB lately?+
As of Jul, 2 of 2 firms rate RRGB a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their RRGB calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.