Ruby Tuesday Inc. (NYSE:RT) announced its quarterly earnings results on Thursday. The company reported ($0.11) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.11). Ruby Tuesday had a negative net margin of 8.07% and a negative return on equity of 0.29%. The company earned $256.70 million during the quarter, compared to the consensus estimate of $377.94 million.
Ruby Tuesday (NYSE:RT) opened at 2.34 on Monday. Ruby Tuesday has a one year low of $2.08 and a one year high of $5.88. The firm’s market cap is $138.87 million. The stock’s 50 day moving average is $2.83 and its 200 day moving average is $3.81.
A number of large investors have recently made changes to their positions in the company. Thrivent Financial for Lutherans boosted its stake in Ruby Tuesday by 1.6% in the second quarter. Thrivent Financial for Lutherans now owns 28,930 shares of the company’s stock valued at $104,000 after buying an additional 460 shares in the last quarter. KCG Holdings Inc. acquired a new stake in Ruby Tuesday during the second quarter valued at $106,000. GSA Capital Partners LLP acquired a new stake in Ruby Tuesday during the second quarter valued at $136,000. Wedge Capital Management L L P NC boosted its stake in Ruby Tuesday by 41.4% in the second quarter. Wedge Capital Management L L P NC now owns 46,926 shares of the company’s stock valued at $169,000 after buying an additional 13,732 shares in the last quarter. Finally, Arizona State Retirement System boosted its stake in Ruby Tuesday by 3.2% in the first quarter. Arizona State Retirement System now owns 31,805 shares of the company’s stock valued at $171,000 after buying an additional 1,000 shares in the last quarter. 86.81% of the stock is owned by hedge funds and other institutional investors.
About Ruby Tuesday
Ruby Tuesday, Inc owns and operates Ruby Tuesday casual dining and Lime Fresh Mexican Grill (Lime Fresh) casual restaurants. The Company also franchises the Ruby Tuesday concept in selected domestic and international markets, and the Lime Fresh concept in selected domestic markets. Its segments include Ruby Tuesday concept and Lime Fresh concept.
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