Currently, there are 17.74M common shares owned by the public and among those 14.88M shares have been available to trade.
The company’s stock has a 5-day price change of 66.67% and -9.41% over the past three months. RRGB shares are trading -7.10% year to date (YTD), with the 12-month market performance down to -25.44% lower. It has a 12-month low price of $2.50 and touched a high of $9.20 over the same period. RRGB has an average intraday trading volume of 290.69K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 63.46%, 60.37%, and 11.21% respectively.
Institutional ownership of Red Robin Gourmet Burgers Inc (NASDAQ: RRGB) shares accounts for 49.77% of the company’s 17.74M shares outstanding.
It has a market capitalization of $90.45M and a beta (3y monthly) value of 2.14. The earnings-per-share (ttm) stands at -$4.22. Price movements for the stock have been influenced by the stock’s volatility, which stands at 25.08% over the week and 11.75% over the month.
Earnings per share for the fiscal year are expected to increase by 67.07%, and 49.55% over the next financial year.
Looking at the support for the RRGB, a number of firms have released research notes about the stock. CL King stated their Buy rating for the stock in a research note on February 27, 2025, with the firm’s price target at $10. Lake Street coverage for the Red Robin Gourmet Burgers Inc (RRGB) stock in a research note released on August 23, 2024 offered a Buy rating with a price target of $16. Lake Street was of a view on April 30, 2024 that the stock is Buy, while Craig Hallum gave the stock Buy rating on April 25, 2024, issuing a price target of $20. The Benchmark Company on their part issued Buy rating on March 01, 2023.
