Red Robin Story

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RRGB -- USA Stock  

USD 12.99  1.33  9.29%

As many millenniums are trying to avoid consumer cyclical space, it makes sense to go over Red Robin Gourmet a little further and try to understand its current market patterns. As expected, Red Robin is starting to reaffirm its true potential as investors are becoming more and more confident in the future outlook. A lot of the movements of the company stock price movements has been a reflection of what is happening in the market overall. The appearance of strong basic indicators of the company suggests a short-term price swing for investors of Red Robin. Red Robin Gourmet is scheduled to announce its earnings today. The next earnings report is expected on the 3rd of November 2020.
Published over a month ago
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Is Red Robin (NASDAQ:RRGB) about to rebound?
The company's average rating is Sell from 5 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on Red Robin market sentiment investors' perception of the future value of Red Robin. Let us look at a few aspects of Red Robin technical analysis.
Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of Red Robin Gourmet. In general, we focus on analyzing Red Robin stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Red Robin's daily price indicators and compare them against related drivers such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Red Robin's intrinsic value. In addition to deriving basic predictive indicators for Red Robin, we also check how macroeconomic factors affect Red Robin price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.

How does Red Robin Stands against Peers?

Analyzing Red Robin competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to Red Robin across multiple sectors and thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be.
Check out Red Robin Competition Details

How Red Robin utilizes its cash?

To perform a cash flow analysis of Red Robin, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Red Robin is receiving and how much cash it distributes out in a given period. The Red Robin cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Red Robin Net Cash Flow from Operations is projected to increase significantly based on the last few years of reporting. The past year's Net Cash Flow from Operations was at 156.61 Million

Payment of 160 shares by Buchmeier Michael of Red Robin subject to Rule 16b-3

Legal trades by Red Robin insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Red Robin insider trading alert for payment of common stock by Buchmeier Michael, Chief People Officer, on 8th of September 2020. This event was filed by Red Robin Gourmet Burgers with SEC on 2020-09-08. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

A Deeper Perspective

Red Robin Gourmet has a beta of 2.5835. Let's try to break down what Red Robin's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Red Robin will likely underperform. The beta indicator helps investors understand whether Red Robin moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Red Robin deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. The entity reported the previous year's revenue of 1.21 B. Net Loss for the year was (182.84 M) with profit before overhead, payroll, taxes, and interest of 256.56 M.

Red Robin implied volatility may change after the rise

Current Kurtosis is up to 0.1. Price may slip again. Red Robin Gourmet is displaying above-average volatility over the selected time horizon. Investors should scrutinize Red Robin Gourmet independently to ensure intended market timing strategies are aligned with expectations about Red Robin volatility.

Our Final Take On Red Robin

When is the right time to buy or sell Red Robin Gourmet? Buying stocks such as Red Robin isn't very hard. However, what challenging for most investors is doing it at the right time. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities, deliver winning trades and diversify portfolios on a daily bases. To summarize, as of the 11th of August 2020, our primary 30 days 'Buy-Sell' recommendation on the company is Cautious Hold. We believe Red Robin is undervalued with close to average odds of financial distress for the next two years.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Achuva Shats do not own shares of Red Robin Gourmet. Please refer to our Terms of Use for any information regarding our disclosure principles.

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