Red Robin Gourmet Burgers Inc [NASDAQ: RRGB] gained 62.94% on the last trading session, reaching $5.10 price per share at the time.
If compared to the average trading volume of 290.69K shares, RRGB reached a trading volume of 32405218 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Red Robin Gourmet Burgers Inc [RRGB]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for RRGB shares is $9.88 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on RRGB stock is a recommendation set at 1.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
CL King have made an estimate for Red Robin Gourmet Burgers Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 27, 2025. While these analysts kept the previous recommendation, Lake Street dropped their target price from $17 to $16. The new note on the price target was released on August 23, 2024, representing the official price target for Red Robin Gourmet Burgers Inc stock. Previously, the target price had yet another raise to $16, while Lake Street analysts kept a Buy rating on RRGB stock.
The Average True Range (ATR) for Red Robin Gourmet Burgers Inc is set at 0.38, with the Price to Sales ratio for RRGB stock in the period of the last 12 months amounting to 0.07.
Trading performance analysis for RRGB stock
Red Robin Gourmet Burgers Inc [RRGB] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 66.67. With this latest performance, RRGB shares gained by 74.66% in over the last four-week period, additionally sinking by -6.85% over the last 6 months – not to mention a drop of -25.44% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for RRGB stock in for the last two-week period is set at 78.80, with the RSI for the last a single of trading hit 84.34, and the three-weeks RSI is set at 72.69 for Red Robin Gourmet Burgers Inc [RRGB]. The present Moving Average for the last 50 days of trading for this stock 3.18, while it was recorded at 3.62 for the last single week of trading, and 4.59 for the last 200 days.
Red Robin Gourmet Burgers Inc [RRGB]: A deeper dive into fundamental analysis
Red Robin Gourmet Burgers Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.32 and a Current Ratio set at 0.46.
An analysis of Institutional ownership at Red Robin Gourmet Burgers Inc [RRGB]
The top three institutional holders of RRGB stocks are: ARCHON CAPITAL MANAGEMENT LLC with ownership of 1.19 million shares, which is approximately 7.6329%. FIRST EAGLE INVESTMENT MANAGEMENT, LLC, holding 1.01 million shares of the stock with an approximate value of $$7.62 million in RRGB stocks shares; and FIRST EAGLE INVESTMENT MANAGEMENT, LLC, currently with $$6.9 million in RRGB stock with ownership which is approximately 5.857%.
