Posts for Ticker ‘RRGB’

Top 10 Analyst Upgrades & Downgrades (CROX, FTE, MMC, PCS, WTR, LEAP, NVO, RRGB, TI, TRI)

Everyone is on hold for jobs data, but there are still pre-market research calls.  These are the top ten analyst calls we saw for upgrades and downgrades this Friday morning:

Crocs (CROX) Raised to Overweight at Piper Jaffray.
France Telecom (FTE) Raised to Overweight at JPMorgan.
Marsh & McLennan (MMC) Raised to Buy at UBS.
MetroPCS (PCS) Raised to Hold at Auriga.
Aqua America (WTR) Cut to Neutral at HSBC.
Leap Wireless (LEAP) Cut to Market Weight at Thomas Weisel; Cut to Hold at Soleil.
Novo Nordisk (NVO) Cut to Neutral at Goldman Sachs; Cut to Neutral at JPMorgan; Cut to Neutral at UBS.
Red Robin Gourmet (RRGB) Cut to Perform at Oppenheimer.
Telecom Italia (TI) Cut to Neutral at BofA/Merrill Lynch.
Thomson Reuters (TRI) Cut to Underperform at Jefferies.

JON C. OGG

Posted on: August 7, 2009 – 8:00 am in Analyst Calls, , , , , , , , , ,

Food Investor Alert: Fat & Calorie Displays At Food Chains (MCD, YUM, BWLD, CAKE, PFCB, RRGB, EAT, BKC, WEN, TXRH, SONC, CPKI)

If you like to invest in food chain restaurants, Thursday was a bad day as a group of bipartisan senators are trying to require chains to list calories on their menus.  This is aimed at the big restaurant chains with 20 locations of the same name rather than mom and pop stores.  If you can believe it, fast food and casual dining restaurant owners McDonald’s Corp. (NYSE: MCD) and Yum! Brands Inc. (NYSE: YUM) already have this available online.  Some of the big chains out there make this available and some do not.

Imagine if (or when) you are forced to see the calorie, salt, and fat counts for many of your favorite foods such as Buffalo Wings at Buffalo Wild Wings Inc. (NASDAQ: BWLD). Or what about some of those oversized plates big enough for two or three meals at The Cheesecake Factory (NASDAQ: CAKE)?  And what if you tally up the full calories and sodium in Chinese food at PF Chang’s China Bistro Inc. (NASDAQ: PFCB)?  Or a Monster Burger at Red Robin Gourmet Burgers Inc. (NASDAQ: RRGB).  Or what about Brinker International Inc. (NYSE: EAT) chains like Chili’s for the Texas Cheese Fries?

We do not mean to pick on any single chain by naming menu items or chains, because this  could affect all big chain owners to the likes of Burger King Holdings Inc. (NYSE: BKC), Wendy’s/Arby’s Group, Inc. (NYSE:WEN), Texas Roadhouse Inc. (NASDAQ: TXRH), Sonic Corp. (NASDAQ: SONC), California Pizza Kitchen Inc., (NASDAQ: CPKI), and many more.  The news of this had a significant negative impact on most of these stocks today when you consider we had an up market.
Read More »

Posted on: June 11, 2009 – 4:33 pm in Consumer Goods, Food, Law, Politics, Regulation, Retail, , , , , , , , , , , ,

Top Pre-Market Analyst Downgrades (AINV, BHI, CNI, RDEN, KSU, PALM, RL, RRGB, SII, TER)

These are some of the top pre-market analyst downgrades on Wall Street this Tuesday morning:

  • Apollo Investment (AINV) Cut to Neutral at JPMorgan.
  • Baker Hughes (BHI) Cut to Underweight at Morgan Stanley.
  • Canadian National Railway (CNI) Cut to Neutral at Goldman Sachs.
  • Elizabeth Arden, Inc. (RDEN) Cut to Market Perform at Wachovia.
  • Kansas City Southern (KSU) Cut to Neutral at JPMorgan.
  • Palm (PALM) Cut to Neutral at JPMorgan.
  • Polo Ralph Lauren (RL) Cut to Sell at Goldman Sachs.
  • Red Robin Gourmet (RRGB) Cut to Equal Weight at Morgan Stanley.
  • Smith International (SII) Cut to Equal Weight at Morgan Stanley.
  • Teradyne (TER) Cut to Perform at Oppenheimer.

Jon C. Ogg
January 20, 2009

Posted on: January 20, 2009 – 7:51 am in Analyst Calls, , , , , , , , , ,

Top Pre-Market Analyst Downgrades (AEG, AAPL, BHP, CSIQ, CWST, JASO, MTB, NT, RRGB, STP, TRMB, WMI)

Burning_money_picThese are some of the top pre-market analyst downgrades we have seen this Thursday morning with more than two hours until the market opens:

  • Aegon (AEG) Cut to Sell at UBS.
  • Apple (AAPL) Cut to Underperform at RBC.
  • BHP Billiton (BHP) Cut to Neutral at Credit Suisse.
  • Canadian Solar (CSIQ) Cut to Neutral at Broadpoint AmTech.
  • Casella Waste Systems (CWST) Cut to Neutral at JPMorgan.
  • JA Solar (JASO) Cut to Neutral at Broadpoint AmTech.
  • M&T Bank (MTB) Started as Underperform at FBR.
  • Nortel (NT) Cut to Underperform at CIBC.
  • Red Robin Gourmet (RRGB) Cut to Neutral at Piper Jaffray.
  • Suntech Power (STP) Cut to Neutral at Broadpoint AmTech.
  • Trimble Navigation (TRMB) Cut to Underweight at JPMorgan.
  • Waste Management (WMI) Cut to Neutral at JPMorgan.

Jon C. Ogg
January 15, 2009

Posted on: January 15, 2009 – 7:39 am in Analyst Calls, , , , , , , , , , , ,

Top 10 Pre-Market Analyst Calls (ANF, BLK, BP, CKR, DO, G, RRGB, SPR, WMGI, ZRAN)

Below are the top 10 pre-market analyst calls that 247wallst.com is focusing on:

  • Abercrombie & Fitch (NYSE: ANF) cut to Neutral at JP Morgan.
  • BlackRock (NYSE: BLK) Cut to Market Perform from Outperform at Wachovia.
  • BP plc (NYSE: BP) raised to Overweight at JPMorgan.
  • CKE Restaurants (NYSE: CKR) started as Outperform at FBR.
  • Diamond Offshore (NYSE: DO) raised to Overweight at JPMorgan.
  • Genpact (NYSE: G) started as Outperform at Robert W. Baird.
  • Red Robin Gourmet (NASDAQ: RRGB) cut to market Perform at Wachovia.
  • Spirit Aerosystems (NYSE: SPR) started as Outperform at FBR.
  • Wright Medical (NASDAQ: WMGI) raised to Overweight at JPMorgan.
  • Zoran (NASDAQ: ZRAN) cut to Underperform at Jefferies & Co.

Jon C. Ogg
April 11, 2008

Jon Ogg produces the Special Situation Investing Newsletter.  He can be reached at jonogg@247wallst.com and he does not own securities in the companies he covers.

Posted on: April 11, 2008 – 6:32 am in Analyst Calls, , , , , , , , , ,

Top 10 Pre-Market Analyst Calls (BA, OMTR, PAS, RRGB, CRM, PCU, TSM, TEVA, WLP, WX)

Below are the top 10 analyst calls we are focusing on this morning:

  • Boeing (NYSE: BA) raised to Overweight at Morgan Stanley.
  • Omniture (NASDAQ: OMTR) raised to Buy at Jefferies.
  • PepsiAmericas (NYSE: PAS) raised to Buy at Deutsche Bank.
  • Red Robin Gourmet (NASDAQ: RRGB) raised to Overweight at JP Morgan; started as Buy at Jefferies.
  • Salesforce.com (NYSE: CRM) Started At Buy at Broadpoint.
  • Southern Copper (NYSE: PCU) started as Underweight at JP Morgan.
  • Taiwan Semiconductor (NYSE: TSM) raised to overweight at Lehman Brothers.
  • Teva Pharmaceuticals (NASDAQ: TEVA) cu to Hold at Citigroup.
  • WellPoint (NYSE: WLP) downgraded to Neutral at Banc Of America.
  • WuXi PharmaTech (NYSE: WX) raised to Buy at Jefferies.

Jon C. Ogg
March 14, 2008

Posted on: March 14, 2008 – 7:09 am in Analyst Calls, , , , , , , , , ,

Top 10 Pre-Market Analyst Calls (DD, ELN, LOGI, MSFT, OMPI, PDLI, RRGB, RMG, WHR, XFML )

These are not all of the analyst calls moving stocks this morning, but these are the top ten individual analyst calls that 247WallSt.com is focusing on this morning:

  • DuPont (NYSE: DD) started as Outperform at Credit Suisse.
  • Elan (NYSE: ELN) started as Outperform at Credit Suisse.
  • Logitec (NASDAQ: LOGI) started as Buy at Citigroup.
  • Microsoft (NASDAQ: MSFT) started as Buy at Jefferies.
  • Obagi Medical (NASDAQ: OMPI) raised to Outperform at Oppenheimer.
  • PDL BioPharma (NASDAQ: PDLI) cut to Equal-Weight at Lehman Brothers.
  • Red Robin Gourmet Burgers (NASDAQ: RRGB) raised to Overweight at JP Morgan.
  • RiskMetrics Group (NYSE: RMG) started as Outperform at Credit Suisse; started as Neutral at Banc of America.
  • Whirlpool (NYSE: WHR) downgraded to Underweight at JPMorgan.
  • Xinhua Financial Media (NASDAQ: XFML) downgraded to Neutral at JP Morgan.

Jon C. Ogg
March 5, 2008

Posted on: March 5, 2008 – 7:12 am in Analyst Calls, , , , , , , , , ,

Short Sellers Lighten Up On Growth Restaurant Chains (RRGB, PZZA, MSSR, BWLD, SBUX, CAKE, TXRH, CBRL, PFCB, PNRA)

We’ve started seeing some of the recent emptier pockets of Joe Q. Consumer, and after a warning yesterday out of McCormick & Schmicks’s we wanted to see how some of the NASDAQ growth restaurant chains were doing as far as short sellers were concerned.  Interstingly enough, of the ones we look at with regularity that get media coverage it seems like there is actually a drop in short selling from August to September.  Below is a list of companies in the sector along with the shares short in September and a percentage change from the August count of the short interest:

  • Red Robin Gourmet (RRGB)         3.304M  -1.13%
  • Papa John’s (PZZA)                         2.245M   -2.91%
  • McCormick & Schmick’s (MSSR)  1.497M   -6.22%
  • Buffalo Wild Wings (BWLD)           3.293M    -6.4%
  • Starbucks (SBUX)                          25.725M   -6.98%
  • Cheesecake factory (CAKE)         11.636M   -7.55%
  • Texas Roadhouse (TXRH)                7.066M    -7.93%
  • CBRL Group (CBRL)                       4.727M  -14.92%
  • P.F.Chang’s (PFCB)                         7.051M  +2.54%
  • Panera Bread (PNRA)                      4.688M  +7.91%

Here are some key related articles that may give added insight:

Jon C. Ogg
September 26, 2007

Posted on: September 26, 2007 – 9:01 am in Food, Short Interest, , , , , , , , , ,