Red Robin Gourmet Stock Price on April 27, 2024
| RRGB Stock | USD 7.82 0.04 0.51% |
Below is the normalized historical share price chart for Red Robin Gourmet extending back to July 19, 2002. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Red Robin stands at 7.82, as last reported on the 9th of May, with the highest price reaching 7.98 and the lowest price hitting 7.70 during the day.
If you're considering investing in Red Stock, it is important to understand the factors that can impact its price. Red Robin Gourmet maintains Sharpe Ratio (i.e., Efficiency) of -0.0863, which implies the firm had a -0.0863% return per unit of risk over the last 3 months. Red Robin Gourmet exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Red Robin's Coefficient Of Variation of (1,229), variance of 16.96, and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide.
At present, Red Robin's Other Stockholder Equity is projected to decrease significantly based on the last few years of reporting. The current year's Stock Based Compensation is expected to grow to about 6.9 M, whereas Total Stockholder Equity is projected to grow to (19.4 M). . At present, Red Robin's Price To Sales Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price Sales Ratio is expected to grow to 0.17, whereas Price Earnings Ratio is projected to grow to (10.16). Red Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 19th of July 2002 | 200 Day MA 9.3218 | 50 Day MA 6.8996 | Beta 2.793 |
Red |
Sharpe Ratio = -0.0863
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| Negative Returns | RRGB |
Estimated Market Risk
| 4.2 actual daily | 37 63% of assets are more volatile |
Expected Return
| -0.36 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Red Robin is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Red Robin by adding Red Robin to a well-diversified portfolio.
Price Book 41.699 | Enterprise Value Ebitda 9.4774 | Price Sales 0.0718 | Shares Float 11.9 M | Wall Street Target Price 15.25 |
Red Robin Valuation on April 27, 2024
It is possible to determine the worth of Red Robin on a given historical date. On April 27, 2024 Red was worth 6.94 at the beginning of the trading date compared to the closed value of 7.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Red Robin stock. Still, in general, we apply an absolute valuation method to find Red Robin's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Red Robin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Red Robin's related companies.
| Open | High | Low | Close | Volume | |
| 6.54 | 7.11 | 6.48 | 6.90 | 630,279 | |
04/26/2024 | 6.94 | 7.20 | 6.85 | 7.01 | 317,654 |
| 7.01 | 7.63 | 7.01 | 7.60 | 656,954 |
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Red Robin Trading Date Momentum on April 27, 2024
| On April 29 2024 Red Robin Gourmet was traded for 7.60 at the closing time. The top price for the day was 7.63 and the lowest listed price was 7.01 . The trading volume for the day was 657 K. The trading history from April 29, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 8.42% . The trading delta at closing time against the current closing price is 5.14% . |
Red Robin Gourmet Fundamentals Correlations and Trends
By evaluating Red Robin's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Red Robin's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Red financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Red Robin Stock history
Red Robin investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Red is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Red Robin Gourmet will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Red Robin stock prices may prove useful in developing a viable investing in Red Robin
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 15.8 M | 14.9 M | |
| Net Loss | -70 M | -66.5 M |
Red Robin Stock Technical Analysis
Red Robin technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Red Robin Period Price Range
Low | April 26, 2024
| High |
6.94 | 7.01 |
Red Robin May 9, 2024 Market Strength
Market strength indicators help investors to evaluate how Red Robin stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Red Robin shares will generate the highest return on investment. By undertsting and applying Red Robin stock market strength indicators, traders can identify Red Robin Gourmet entry and exit signals to maximize returns
| Accumulation Distribution | 15441.51 | |||
| Daily Balance Of Power | 0.2 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 7.03 | |||
| Day Typical Price | 7.02 | |||
| Price Action Indicator | 0.02 | |||
| Period Momentum Indicator | 0.81 |
Red Robin Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Red Robin's price direction in advance. Along with the technical and fundamental analysis of Red Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Red to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.56) | |||
| Total Risk Alpha | (0.86) | |||
| Treynor Ratio | (0.12) |
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| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Red Robin Gourmet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Red Robin Gourmet information on this page should be used as a complementary analysis to other Red Robin's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Red Stock analysis
When running Red Robin's price analysis, check to measure Red Robin's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Red Robin is operating at the current time. Most of Red Robin's value examination focuses on studying past and present price action to predict the probability of Red Robin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Robin's price. Additionally, you may evaluate how the addition of Red Robin to your portfolios can decrease your overall portfolio volatility.
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Is Red Robin's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Red Robin. If investors know Red will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Red Robin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.34) | Revenue Per Share 82.289 | Quarterly Revenue Growth 0.067 | Return On Assets (0.0002) | Return On Equity (2.38) |
The market value of Red Robin Gourmet is measured differently than its book value, which is the value of Red that is recorded on the company's balance sheet. Investors also form their own opinion of Red Robin's value that differs from its market value or its book value, called intrinsic value, which is Red Robin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Red Robin's market value can be influenced by many factors that don't directly affect Red Robin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Red Robin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Red Robin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Red Robin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.