Alert: Rating Downgrade (7/1/20)-Red Robin Gourmet Burgers Inc (NASDAQ: RRGB).


Stock Rating Downgrade

Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Red Robin Gourmet Burgers Inc (NASDAQ: RRGB) weakened recently. RRGB’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.


Recent Price Action

Red Robin Gourmet Burgers Inc (NASDAQ: RRGB) stock closed at $10.32 on 7/1/20 after an increase of 1.2%. Moreover, unusually high trading volume at 155% of normal accompanied the advance. The stock has declined -12.1% during the last week and has been extremely weak relative to the market over the last nine months.

Current PriceTarget Research Rating

RRGB is expected to continue to be a major Value Eraser reflecting capital returns that are forecasted to be below the cost of capital.

RRGB has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. RRGB has a good Appreciation Score of 79 but a very low Power Rating of 1, leading to the Negative Value Trend Rating.

About John Lafferty 80827 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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