Financial Fitness Check: Examining Red Robin Gourmet Burgers Inc (RRGB)’s Key Ratios

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In the latest session, Red Robin Gourmet Burgers Inc (NASDAQ: RRGB) closed at $6.66 up 0.60% from its previous closing price of $6.62. In other words, the price has increased by $0.60 from its previous closing price. On the day, 0.22 million shares were traded. RRGB stock price reached its highest trading level at $6.75 during the session, while it also had its lowest trading level at $6.45.

Ratios:

For a deeper understanding of Red Robin Gourmet Burgers Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.33 and its Current Ratio is at 0.47.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Lake Street on April 30, 2024, initiated with a Buy rating and assigned the stock a target price of $16.

On April 25, 2024, Craig Hallum started tracking the stock assigning a Buy rating and target price of $20.

The Benchmark Company Upgraded its Hold to Buy on March 01, 2023, while the target price for the stock was maintained at $14.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 17 ’24 when Archon Capital Management LLC sold 100,200 shares for $6.85 per share. The transaction valued at 686,495 led to the insider holds 1,551,587 shares of the business.

Archon Capital Management LLC sold 141,905 shares of RRGB for $1,005,794 on May 16 ’24. The 10% Owner now owns 1,651,787 shares after completing the transaction at $7.09 per share. On May 15 ’24, another insider, Archon Capital Management LLC, who serves as the 10% Owner of the company, sold 77,000 shares for $7.36 each. As a result, the insider received 566,512 and left with 1,793,692 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RRGB now has a Market Capitalization of 103046512 and an Enterprise Value of 672724480. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.08. Its current Enterprise Value per Revenue stands at 0.528 whereas that against EBITDA is 15.343.

Stock Price History:

The Beta on a monthly basis for RRGB is 2.76, which has changed by -0.50823355 over the last 52 weeks, in comparison to a change of 0.25510752 over the same period for the S&P500. Over the past 52 weeks, RRGB has reached a high of $15.76, while it has fallen to a 52-week low of $5.56. The 50-Day Moving Average of the stock is -11.31%, while the 200-Day Moving Average is calculated to be -22.29%.

Shares Statistics:

For the past three months, RRGB has traded an average of 431.81K shares per day and 660930 over the past ten days. A total of 15.53M shares are outstanding, with a floating share count of 14.98M. Insiders hold about 4.49% of the company’s shares, while institutions hold 69.71% stake in the company. Shares short for RRGB as of 1718323200 were 2795612 with a Short Ratio of 6.47, compared to 1715731200 on 2787727. Therefore, it implies a Short% of Shares Outstanding of 2795612 and a Short% of Float of 20.899999.

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