Red Robin Gourmet Burgers NASDAQ : RRGB Correlation Histogram
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks May-2016 1,000 Day Parameter 2,830 NASDAQ Stocks Price Analysis This stock mode of correlation coefficient is 0.8 In other words, the correlation coefficient of the other stock
Harry Boxer has posted his Charts of the Day video on RRGB at TheTechTrader site noting: Red Robin Gourmet Burgers Inc. (RRGB) was off 1.70, or 3.6%, to 45.65, on 185,886 shares traded. It’s right on support, and should it break through, we should see 41-40 1/2, and then I’m looking at the possibility of it getting down to mid to high 30’s.
Abolish the Fed
So this company reports a LOSS Then they adjust earnings up using non Generally accepted accounting principles ie non-gapp to 35 cents and then they say they EXCEEDED earnings and amazingly the stock goes higher ! Red Robin reports 4Q loss
Associated Press Associated PressFebruary 21, 2017Comment GREENWOOD VILLAGE, Colo. (AP) _ Red Robin Gourmet Burgers Inc. (RRGB) on Tuesday reported a fourth-quarter loss of $8.8 million, after reporting a profit in the same period a year earlier.
The Greenwood Village, Colorado-based company said it had a loss of 68 cents per share. Earnings, adjusted for one-time gains and costs, were 35 cents per share.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share.
Harry Boxer has posted his Charts of the Day video on RRGB at TheTechTrader site noting: Red Robin Gourmet Burgers Inc. (RRGB) has been looking bad for a very long time. After bouncing to resistance on Wednesday, it pulled right back down on Thursday, dropping 1.55 to 48.35, on 316,248 shares traded. I think eventually it will go lower. I am looking for something in the 38-40 range.
$RRGB trading at a 30% discount. Anyone think it's time to grab a bargain?
Red Robin Gourmet Burgers Inc (RRGB) is trading at a 30% discount to its intrinsic value
How far off is Red Robin Gourmet Burgers (NASDAQ:RRGB) to its intrinsic value? I am going to take a look now using a method called discounted cash flow or DCF. Discounted cash flow (DCF) is a valuation method used to estimate the attractiveness of an
When I go to Red Robin, I try to find the party that is having a birthday and hang around so I get some cake. Free beers would be okay as well.
The whole sector is getting hit. My personal buy is with Ruby Tuesday (RT) since they just got hit hard and have significant real estate assets but this one in on my watch list as well. How low can they go?
RRGB is the Latest Pick at STOCKTRADEVIDEO (Google them)
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Red Robin comparable sales declined 3.6% according to pre-announced Q3 earnings. This is sending shares 6% higher $RRGB
Harry Boxer has posted his Charts of the Day video on RRGB at TheTechTrader site noting: Red Robin Gourmet Burgers Inc. (RRGB) in after hours on Thursday is getting creamed on bad earnings. It actually ticked below 40. It was down another 10 cents to 43.25, on 179,240 shares traded. There is some support, which is my target, eventually at 36 1/2.