Grubhub (NYSE:GRUB) has been assigned a consensus rating of “Hold” from the twenty-seven analysts that are presently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, fourteen have given a hold recommendation, nine have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $93.64.
Several equities analysts recently issued reports on GRUB shares. Cowen reissued a “buy” rating and set a $96.00 price objective on shares of Grubhub in a research note on Friday, February 9th. Mizuho set a $98.00 price objective on shares of Grubhub and gave the company a “buy” rating in a research note on Thursday, February 8th. Canaccord Genuity upped their price objective on shares of Grubhub from $80.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, February 8th. They noted that the move was a valuation call. Craig Hallum upped their price target on shares of Grubhub from $80.00 to $100.00 and gave the stock a “buy” rating in a research report on Thursday, February 8th. Finally, Stifel Nicolaus upped their price target on shares of Grubhub from $63.00 to $75.00 and gave the stock a “buy” rating in a research report on Tuesday, February 6th.
Shares of Grubhub traded down $0.22, hitting $102.43, on Friday, according to MarketBeat.com. 9,085 shares of the stock traded hands, compared to its average volume of 1,448,202. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.10 and a current ratio of 2.10. The company has a market capitalization of $9.35 billion, a price-to-earnings ratio of 104.59, a PEG ratio of 3.42 and a beta of 0.98. Grubhub has a 1 year low of $41.35 and a 1 year high of $112.41.
Grubhub (NYSE:GRUB) last announced its quarterly earnings data on Tuesday, May 1st. The information services provider reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.25. The business had revenue of $232.60 million for the quarter, compared to the consensus estimate of $229.22 million. Grubhub had a net margin of 14.75% and a return on equity of 9.73%. The company’s quarterly revenue was up 49.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.29 earnings per share. equities analysts expect that Grubhub will post 1.3 EPS for the current fiscal year.
In other news, Director Keith Richman sold 10,000 shares of the stock in a transaction on Thursday, May 3rd. The shares were sold at an average price of $93.95, for a total value of $939,500.00. Following the completion of the sale, the director now owns 11,528 shares of the company’s stock, valued at $1,083,055.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Adam Dewitt sold 2,500 shares of the stock in a transaction on Monday, March 5th. The stock was sold at an average price of $99.18, for a total transaction of $247,950.00. Following the completion of the sale, the chief financial officer now directly owns 18,546 shares of the company’s stock, valued at approximately $1,839,392.28. The disclosure for this sale can be found here. Insiders sold 63,908 shares of company stock valued at $6,240,163 in the last three months. Company insiders own 1.59% of the company’s stock.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in GRUB. First Trust Advisors LP grew its holdings in Grubhub by 996.8% during the 4th quarter. First Trust Advisors LP now owns 1,610,369 shares of the information services provider’s stock valued at $115,624,000 after purchasing an additional 1,463,539 shares in the last quarter. Caledonia Private Investments Pty Ltd grew its holdings in Grubhub by 4.2% during the 4th 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 purchasing an additional 454,325 shares in the last quarter. Stephens Investment Management Group LLC acquired a new stake in Grubhub during the 4th quarter valued at $27,998,000. Baillie Gifford & Co. grew its holdings in Grubhub by 3.8% during the 1st quarter. Baillie Gifford & Co. now owns 8,666,071 shares of the information services provider’s stock valued at $879,346,000 after purchasing an additional 318,350 shares in the last quarter. Finally, Standard Life Aberdeen plc acquired a new stake in Grubhub during the 4th quarter valued at $22,394,000.
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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