GrubHub Inc (NYSE:GRUB) Director Katrina Lake sold 4,000 shares of the firm’s stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $91.47, for a total value of $365,880.00. Following the completion of the sale, the director now directly owns 1,996 shares in the company, valued at $182,574.12. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
GrubHub Inc (NYSE GRUB) opened at $97.05 on Wednesday. The company has a market cap of $8,347.66, a PE ratio of 96.90, a price-to-earnings-growth ratio of 3.59 and a beta of 1.54. GrubHub Inc has a one year low of $32.43 and a one year high of $99.32.
GrubHub (NYSE:GRUB) last announced its quarterly earnings results on Thursday, February 8th. The information services provider reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.07. The firm had revenue of $205.10 million during the quarter, compared to analysts’ expectations of $201.55 million. GrubHub had a net margin of 14.49% and a return on equity of 8.47%. The company’s revenue for the quarter was up 49.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.23 earnings per share. equities analysts forecast that GrubHub Inc will post 1.15 earnings per share for the current fiscal year.
Institutional investors and hedge funds have recently made changes to their positions in the business. Caledonia Private Investments Pty Ltd raised its stake in shares of GrubHub by 4.2% in the fourth quarter. Caledonia Private Investments Pty Ltd now owns 11,157,204 shares of the information services provider’s stock valued at $801,087,000 after acquiring an additional 454,325 shares during the last quarter. BlackRock Inc. raised its stake in shares of GrubHub by 2.6% in the fourth quarter. BlackRock Inc. now owns 5,477,332 shares of the information services provider’s stock valued at $393,274,000 after acquiring an additional 140,964 shares during the last quarter. Carmignac Gestion raised its stake in shares of GrubHub by 5.2% in the third quarter. Carmignac Gestion now owns 5,233,974 shares of the information services provider’s stock valued at $275,621,000 after acquiring an additional 257,429 shares during the last quarter. State Street Corp raised its stake in shares of GrubHub by 9.9% in the second quarter. State Street Corp now owns 1,678,374 shares of the information services provider’s stock valued at $73,176,000 after acquiring an additional 151,190 shares during the last quarter. Finally, First Trust Advisors LP raised its stake in shares of GrubHub by 996.8% in the fourth quarter. First Trust Advisors LP now owns 1,610,369 shares of the information services provider’s stock valued at $115,624,000 after acquiring an additional 1,463,539 shares during the last quarter.
GRUB has been the topic of several research analyst reports. Stifel Nicolaus raised their price target on GrubHub from $53.00 to $60.00 and gave the company a “buy” rating in a research report on Wednesday, October 25th. Zacks Investment Research raised GrubHub from a “sell” rating to a “hold” rating in a research report on Wednesday, October 25th. Wells Fargo & Co reaffirmed a “hold” rating and issued a $58.00 price target on shares of GrubHub in a research report on Thursday, October 26th. Monness Crespi & Hardt lifted their target price on GrubHub from $35.00 to $42.00 and gave the stock a “sell” rating in a research report on Thursday, October 26th. Finally, Wedbush reissued an “outperform” rating and set a $65.00 target price (up from $60.00) on shares of GrubHub in a research report on Thursday, October 26th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Hold” and an average price target of $74.07.
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Grubhub Inc provides an online and mobile platform for restaurant pick-up and delivery orders. Its products include Grubhub and Seamless Mobile Applications and Mobile Website, Grubhub and Seamless Websites, Corporate Program, Delivery, Allmenus and MenuPages, Grubhub for Restaurants, and Restaurant Websites.
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