News headlines about Grubhub (NYSE:GRUB) have trended somewhat positive recently, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Grubhub earned a daily sentiment score of 0.07 on Accern’s scale. Accern also assigned media headlines about the information services provider an impact score of 46.2155593775914 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the media headlines that may have effected Accern’s analysis:
A number of research firms recently commented on GRUB. Wells Fargo reaffirmed a “hold” rating and set a $90.00 target price on shares of Grubhub in a report on Wednesday, May 2nd. Barclays lifted their target price on Grubhub from $73.00 to $75.00 and gave the stock an “underweight” rating in a report on Wednesday, May 2nd. ValuEngine raised Grubhub from a “buy” rating to a “strong-buy” rating in a report on Wednesday, May 2nd. Morgan Stanley lifted their target price on Grubhub from $100.00 to $102.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 2nd. Finally, Canaccord Genuity lifted their target price on Grubhub from $100.00 to $110.00 and gave the stock a “buy” rating in a report on Wednesday, May 2nd. Two analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company. Grubhub currently has an average rating of “Hold” and an average price target of $92.16.
Shares of Grubhub stock traded up $1.00 on Wednesday, reaching $103.45. The company’s stock had a trading volume of 1,039,562 shares, compared to its average volume of 1,760,942. The stock has a market capitalization of $8.87 billion, a PE ratio of 105.56, a price-to-earnings-growth ratio of 3.40 and a beta of 0.98. Grubhub has a 52-week low of $102.25 and a 52-week high of $104.28. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.07 and a quick ratio of 2.07.
Grubhub (NYSE:GRUB) last posted its quarterly earnings data on Tuesday, May 1st. The information services provider reported $0.52 EPS for the quarter, beating the Zacks’ consensus estimate of $0.27 by $0.25. The business had revenue of $232.60 million during the quarter, compared to analysts’ expectations of $229.22 million. Grubhub had a return on equity of 9.94% and a net margin of 14.75%. The business’s revenue was up 49.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.29 earnings per share. equities research analysts anticipate that Grubhub will post 1.29 EPS for the current fiscal year.
In related news, CFO Adam Dewitt sold 2,500 shares of the business’s stock in a transaction that occurred on Monday, May 7th. The stock was sold at an average price of $99.00, for a total transaction of $247,500.00. Following the completion of the sale, the chief financial officer now directly owns 18,946 shares in the company, valued at $1,875,654. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Maria Belousova sold 28,761 shares of the business’s stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $86.57, for a total value of $2,489,839.77. Following the sale, the insider now owns 14,685 shares of the company’s stock, valued at $1,271,280.45. The disclosure for this sale can be found here. Insiders sold 140,656 shares of company stock valued at $13,117,027 over the last 90 days. Company insiders own 1.59% of the company’s stock.
Grubhub Company Profile
GrubHub Inc, together with its subsidiaries, provides an online and mobile platform for restaurant pick-up and delivery orders in the United States. The company connects approximately 80,000 local restaurants with diners in approximately 1,600 cities. It offers Grubhub, Seamless, and Eat24 mobile applications and mobile Websites for iPhone, Android, iPad, Apple Watch, and Apple TV devices; and operates Grubhub, Seamless, and Eat24 Websites through grubhub.com, seamless.com, and eat24.com.
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