Red Robin Gourmet Burgers, Inc.

Red Robin Gourmet Burgers, Inc.

RRGB·NASDAQ

$4.41

-15%
Consumer CyclicalRestaurants

Red Robin Gourmet Burgers, Inc., together with its subsidiaries, develops, operates, and franchises full-service and casual-dining restaurants. The company's restaurants primarily offer burgers and shareable pizzas; various appetizers, salads, soups, sandwiches, seafood, and other entrees; and desserts, wings, milkshakes, alcoholic and non-alcoholic specialty drinks, cocktails, wine, and beers. As of December 26, 2021, it operated approximately 531 Red Robin restaurants, including 430 were company-owned and 101 were operated by franchisees in the United States and one Canadian province. Red Robin Gourmet Burgers, Inc. was founded in 1969 and is based in Greenwood Village, Colorado.

At a Glance

Live Snapshot
Market Cap$81.58M
EPS-1.3100
P/E Ratio-3.37
Earnings Date06/04/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -3.4).

Valuation inputs: P/E -3.4, earnings yield N/A, momentum -14.5%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is acceptable (ROE +21.9%, ROIC +0.7%).

Profitability stack: net margin -1.9%, ROE +21.9%, ROIC +0.7%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile is elevated and scenario stress-testing is essential.

Risk factors: liabilities/assets +118.9%, momentum -14.5%, net margin -1.9%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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Red Robin Gourmet Burgers, Inc. Market vs Earnings Trajectory

RRGB · NASDAQ

Loading price and EPS data...

Red Robin Gourmet Burgers, Inc.

Red Robin Gourmet Burgers, Inc. Fair Value Envelope

RRGB · NASDAQ

Our analysis suggests that RRGB has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $4.41, this represents a potential HIDDEN relative to our calculated worth for Red Robin Gourmet Burgers, Inc..

Intrinsic Value
Current Price: $4.41
3Y-74.0%
5Y-93.0%
10Y-249.0%
3Y-4.0%
5Y+39.0%
10Y-7.0%
3Y-70.0%
5Y-92.0%
10Y-299.0%
3Y+4.0%
5Y+83.0%
10Y-63.0%
3Y-337.0%
5Y-428.0%
10Y-110.0%
3Y-32.0%
5Y-42.0%
10Y-39.0%
Red Robin Gourmet Burgers, Inc.

Red Robin Gourmet Burgers, Inc. Profit Bridge

RRGB · NASDAQ
Revenue1.21B
Cost of Goods Sold (387.84M)
Gross Profit822.38M
Operating Expenses (819.59M)
Operating Income2.79M
Interest Expense (25.96M)
Other Income/Expense-25.82M
Pretax Income-23.03M
Income Tax (258.00K)
Net Income-23.28M
Net Income
-23.28M

Profitability Analysis

Gross Margin

68.0%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

0.2%

Minimal operating profit suggests high operating costs or pricing challenges. Scalability is concerning.

Net Profit Margin

-1.9%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

67.95%
Gross Profit Margin
-1%
3Y+105.0%
5Y+148.0%
10Y+95.0%
0.23%
Operating Profit Margin
-105%
3Y-105.0%
5Y-101.0%
10Y-74.0%
-1.92%
Net Profit Margin
-69%
3Y-69.0%
5Y-94.0%
10Y-313.0%
21.89%
Return on Equity
-76%
3Y-100.0%
5Y-110.0%
10Y+550.0%
-4.13%
Return on Assets
-66%
3Y-56.0%
5Y-85.0%
10Y-424.0%
0.67%
Return on Invested Capital
-106%
3Y-108.0%
5Y-102.0%
10Y-82.0%
RRGB

Red Robin Gourmet Burgers, Inc. Cash Conversion Engine

RRGB · NASDAQ
Net Income-23.28M
Depreciation & Amortization51.12M
Stock-Based Compensation1.47M
Change in Working Capital8.30M
Others-599.00K
Capital Expenditures-30.78M
Free Cash Flow6.22M

Cash Flow Quality Analysis

FCF Conversion Rate

-26.7%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

83.2%

Very high capital intensity consumes most operating cash flow. Limited flexibility for dividends or debt reduction.

FCF Growth Trend

+132.8%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$8.30M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Capital-intensive growth: Heavy reinvestment limits current cash available but may drive future returns. Assess whether CapEx supports compelling growth opportunities with adequate ROI.

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Red Robin Gourmet Burgers, Inc. Funding & Solvency Profile

RRGB · NASDAQ
Cash & Cash Equivalents24.27M
Net Receivables13.40M
Inventory24.95M
Other Current Assets23.46M
Total Current Assets86 M
Property, Plant & Equipment438.42M
Goodwill & Intangible Assets8.65M
Long-Term Investments0.00
Other Non-Current Assets10.69M
Total Non-Current Assets449 M
Total Assets
543.85M

Financial Health Analysis

Current Ratio

0.47x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Working Capital

-98606000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

16% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

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Red Robin Gourmet Burgers, Inc. Street Expectations Map

RRGB · NASDAQ

Wall Street analysts project that RRGB stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 7.50, with estimates ranging from a low of 7.00 to a high of 8.00.

Lowest Target
7.00
58.73%
Consensus Target
7.50
70.07%
Highest Target
8.00
81.41%

The consensus 1-year price target stands at 7.50, with estimates ranging from a low of 7.00 to a high of 8.00.

Analyst Consensus Analysis

Upside Potential

+70.1%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

13.3% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

Very High

Strong buy conviction: High upside with tight consensus suggests compelling investment opportunity backed by analyst confidence.

Market Sentiment Insight

Rare opportunity: Exceptional upside potential with strong analyst consensus creates a compelling setup. The combination of significant price target premium and tight agreement suggests high-conviction undervaluation that may attract institutional capital.

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Red Robin Gourmet Burgers, Inc. Insider Positioning

RRGB · NASDAQ

During the last 12 months, insiders have purchased $405K and sold $68K worth of RRGB shares, resulting in $337K of net buying activity.

3 Months

Bought

0

0.00

Sold

10.2K

32.22K

Net Activity

-32K

-$32K

3-6 Months

Bought

0

0.00

Sold

2.8K

10.86K

Net Activity

-11K

-$11K

6-9 Months

Bought

0

0.00

Sold

6.0K

24.96K

Net Activity

-25K

-$25K

9-12 Months

Bought

67.9K

405.47K

Sold

0

0.00

Net Activity

+405K

+$405K

Top Buyers

1
MCR

Martin Christopher Ross

Director, 10 Percent Owner, Other: See Footnote 1

53.0K shares2 transactions

$330K

2
AAS

Ackil Anthony S

Director

14.9K shares1 transactions

$75K

Top Sellers

1
MSA

Mussetter Sarah A.

Officer: Chief Legal Officer

9.8K shares3 transactions

$33K

2
WJT

Wilson Joshua Todd

Officer: Chief Financial Officer

6.0K shares1 transactions

$25K

3
GJ

Griffith Jesse

Officer: Chief Operations Officer

3.2K shares3 transactions

$10K

Insider Activity Analysis

Net Insider Sentiment

Bullish

Strong bullish signal with $337K net buying. Insiders are aggressively accumulating shares, suggesting significant confidence in future prospects.

Buy/Sell Ratio

5.96:1

Exceptional buy/sell ratio. Buying dramatically outweighs selling—one of the strongest possible insider signals.

Recent Trend (3 Months)

$32K

Heavy recent selling activity. Recent insider sales notably exceed purchases—may warrant investigation into company developments.

Insider Participation

Moderate Selling

3 insider sellers vs. 2 buyers. More insiders selling than buying suggests cautious or negative sentiment.

Insider Activity Insight

Compelling insider conviction: The combination of strong buy/sell ratio and multiple buyers suggests insiders see attractive risk/reward. Consider this alongside fundamental analysis for confirmation.

0.00%
Dividend Yield
3Y-
5Y-
10Y-
 

rrgb Dividend History

RRGB
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%