Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) traded at $14.79 at last check on Tuesday, Sep 15, making an upward move of 10.62% on its previous day’s price.
Looking at the stock we see that its previous close was $13.37 and the beta (5Y monthly) reads 2.43. The company has a 12-month trailing PE ratio of 0. In terms of its 52-week price range, RRGB has a high of $37.29 and a low of $4.04. The company’s stock has gained about 52.32% over that past 30 days.
There have been no upward or downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the RRGB stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Sell. Long term indicators on average place the stock in the category of Hold.
Based on estimates by 7 analysts where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 6 have rated the Red Robin Gourmet Burgers, Inc. (RRGB) stock as a Hold, while none rate it as a Buy. None analysts rate it as outperform while 1 of them rated it as underperform, whereas none suggests the stock as a Sell. The stock has an overall rating of Hold and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the RRGB stock currently stands at 0, and the current price level is 35.57% off its SMA20 and 53.12% from its 50-day simple moving average. The RSI (14) is pointing at 73.96 while the volatility over the past week is 1122% and drops to 8.99% over the past one month. The beta value is 2.43, while the average true range (ATR) is currently pointing at 1.09. The average price target for the stock over the next 12 months is $11, with the estimates having a low of $10 and a high of $12. These price ends are -32.39% and -18.86% off the current price level respectively, although investors could be excited at the prospect of a -25.63% if the RRGB share price touches on the median price of $11.
Let’s briefly compare Red (RRGB) stock to its peers. We find that today’s price change of +10.62% and -58.04% over the past 12 months for RRGB competes that of McDonald’s Corp (MCD), which has seen its stock price rise 0.82% in the latest trading session and is +7.22% over the last one year. Another of its peers Starbucks Corp (SBUX) has climbed 1.25% today, but is -1.91% down over the past year, while Chipotle Mexican Grill (CMG) is also up 10.62% yet its price remains in the red at -58.04% over the same period. McDonald’s has a P/E ratio of 35.26 compared to Red’s 0 and Starbucks 79.23. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at 0.52% and 0.01%, respectively, in early deals.