$3.00 EPS Expected for Avis Budget Group Inc. (CAR); Red Robin Gourmet Burgers (RRGB) Has 1.33 Sentiment

October 10, 2017 - By Marie Mckinney

Analysts expect Avis Budget Group Inc. (NASDAQ:CAR) to report $3.00 EPS on November, 1.They anticipate $0.53 EPS change or 21.46% from last quarter’s $2.47 EPS. CAR’s profit would be $247.99M giving it 3.32 P/E if the $3.00 EPS is correct. After having $0.30 EPS previously, Avis Budget Group Inc.’s analysts see 900.00% EPS growth. About 529,603 shares traded. Avis Budget Group Inc. (NASDAQ:CAR) has declined 14.90% since October 10, 2016 and is downtrending. It has underperformed by 31.60% the S&P500.

Red Robin Gourmet Burgers, Inc., together with its subsidiaries, primarily develops, operates, and franchises full-service restaurants in North America and focuses on serving selection of gourmet burgers. The company has market cap of $849.36 million. The Company’s menu features a line of gourmet burgers, which it makes from ground beef, as well as its line of Red’s Tavern Double Burgers and its Red Robin’s line of half-pound Angus beef burgers with various toppings. It has a 101.11 P/E ratio. The Firm also offers burgers made from chicken breasts, fish fillets, turkey patties, as well as vegetarian and vegan options.

About 19,540 shares traded. Red Robin Gourmet Burgers, Inc. (RRGB) has risen 52.55% since October 10, 2016 and is uptrending. It has outperformed by 35.85% the S&P500.

Ratings analysis reveals 50% of Red Robin Gourmet’s analysts are positive. Out of 2 Wall Street analysts rating Red Robin Gourmet, 1 give it “Buy”, 1 “Sell” rating, while 0 recommend “Hold”. RRGB was included in 2 notes of analysts from September 13, 2016. The rating was downgraded by Bank of America to “Underperform” on Tuesday, September 13. Maxim Group maintained Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) rating on Tuesday, October 25. Maxim Group has “Buy” rating and $63.0 target.

Since January 1, 0001, it had 0 buys, and 3 sales for $846,747 activity.

Analysts await Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) to report earnings on November, 1. They expect $0.29 earnings per share, down 23.68% or $0.09 from last year’s $0.38 per share. RRGB’s profit will be $3.75M for 56.64 P/E if the $0.29 EPS becomes a reality. After $0.61 actual earnings per share reported by Red Robin Gourmet Burgers, Inc. for the previous quarter, Wall Street now forecasts -52.46% negative EPS growth.

Cooper Creek Partners Management Llc holds 5.18% of its portfolio in Red Robin Gourmet Burgers, Inc. for 131,591 shares. Addison Clark Management L.L.C. owns 35,874 shares or 3.37% of their US portfolio. Moreover, Daruma Capital Management Llc has 3.33% invested in the company for 856,225 shares. The New York-based Diker Management Llc has invested 2.17% in the stock. Hood River Capital Management Llc, a Oregon-based fund reported 371,337 shares.

Investors sentiment decreased to 1.04 in Q2 2017. Its down 0.02, from 1.06 in 2017Q1. It fall, as 50 investors sold Avis Budget Group Inc. shares while 64 reduced holdings. 43 funds opened positions while 76 raised stakes. 115.24 million shares or 13.67% more from 101.39 million shares in 2017Q1 were reported. Verition Fund Mngmt Limited Company has 24,608 shares. Diamond Hill Cap Mngmt holds 0.9% or 6.13 million shares. Landscape Cap Management Ltd has invested 0.07% in Avis Budget Group Inc. (NASDAQ:CAR). Goldman Sachs Group Inc reported 2.25M shares. Amalgamated Comml Bank owns 10,951 shares or 0.01% of their US portfolio. Canada Pension Plan Inv Board holds 0.08% in Avis Budget Group Inc. (NASDAQ:CAR) or 1.31M shares. State Treasurer State Of Michigan reported 0.01% stake. 186,142 were accumulated by Invesco Ltd. Equitec Proprietary Mkts Ltd Llc holds 0.09% in Avis Budget Group Inc. (NASDAQ:CAR) or 14,000 shares. Schwab Charles Inv Mngmt accumulated 490,631 shares. Deutsche Bancorporation Ag holds 370,923 shares or 0.01% of its portfolio. Gamco Investors Incorporated Et Al reported 7,725 shares. Gateway Advisers Limited Com has invested 0.05% in Avis Budget Group Inc. (NASDAQ:CAR). Pomelo Ltd Liability Corporation holds 0.06% or 50,000 shares. Proxima Mngmt Lc invested 8.57% of its portfolio in Avis Budget Group Inc. (NASDAQ:CAR).

Avis Budget Group Inc. is a provider of vehicle rental and car sharing services. The company has market cap of $3.29 billion. The Firm operates three brands, which include Avis, Budget and Zipcar. It has a 56.16 P/E ratio. Avis and Budget are a rental car supplier.

Among 11 analysts covering Avis Budget (NASDAQ:CAR), 7 have Buy rating, 1 Sell and 3 Hold. Therefore 64% are positive. Avis Budget had 30 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Avis Budget Group Inc. (NASDAQ:CAR) earned “Equal Weight” rating by Barclays Capital on Wednesday, August 5. The firm has “Buy” rating given on Monday, December 14 by M Partners. The company was maintained on Thursday, February 25 by Deutsche Bank. Barclays Capital maintained Avis Budget Group Inc. (NASDAQ:CAR) on Monday, November 16 with “Equal Weight” rating. On Thursday, September 14 the stock rating was maintained by Credit Suisse with “Hold”. The company was maintained on Wednesday, August 10 by Barclays Capital. The rating was maintained by M Partners on Thursday, February 25 with “Buy”. The stock of Avis Budget Group Inc. (NASDAQ:CAR) earned “Outperform” rating by Macquarie Research on Friday, August 26. Credit Suisse maintained Avis Budget Group Inc. (NASDAQ:CAR) rating on Thursday, February 25. Credit Suisse has “Outperform” rating and $38 target. As per Friday, August 4, the company rating was initiated by J.P. Morgan.

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