GrubHub Inc (NYSE:GRUB) has earned an average rating of “Hold” from the thirty analysts that are presently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, thirteen have assigned a hold recommendation, twelve have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $120.94.
Several research firms have issued reports on GRUB. Credit Suisse Group upgraded GrubHub from a “neutral” rating to an “outperform” rating in a research note on Monday. Barclays lowered their target price on GrubHub to $72.00 and set an “underweight” rating on the stock in a research note on Thursday. ValuEngine lowered GrubHub from a “buy” rating to a “hold” rating in a research note on Tuesday, January 22nd. Zacks Investment Research lowered GrubHub from a “buy” rating to a “hold” rating in a research note on Monday, January 21st. Finally, Wells Fargo & Co set a $85.00 target price on GrubHub and gave the stock a “market perform” rating in a research note on Wednesday, January 16th.
NYSE:GRUB opened at $80.77 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.31 and a current ratio of 2.31. The company has a market capitalization of $7.33 billion, a price-to-earnings ratio of 82.42, a price-to-earnings-growth ratio of 2.19 and a beta of 1.36. GrubHub has a 12-month low of $66.07 and a 12-month high of $149.35.
GrubHub (NYSE:GRUB) last released its quarterly earnings data on Thursday, October 25th. The information services provider reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.14. The firm had revenue of $247.23 million for the quarter, compared to analyst estimates of $238.19 million. GrubHub had a return on equity of 10.64% and a net margin of 14.83%. Equities research analysts predict that GrubHub will post 1.3 EPS for the current fiscal year.
In other GrubHub news, insider Maria Belousova sold 3,368 shares of the firm’s stock in a transaction on Monday, November 5th. The stock was sold at an average price of $92.79, for a total value of $312,516.72. Following the sale, the insider now owns 857 shares of the company’s stock, valued at approximately $79,521.03. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In the last ninety days, insiders sold 12,348 shares of company stock worth $1,055,041. Company insiders own 1.59% of the company’s stock.
Several hedge funds have recently modified their holdings of GRUB. Mitchell Capital Management Co. boosted its holdings in shares of GrubHub by 2.5% during the 3rd quarter. Mitchell Capital Management Co. now owns 22,367 shares of the information services provider’s stock valued at $3,101,000 after acquiring an additional 543 shares in the last quarter. United Services Automobile Association boosted its holdings in shares of GrubHub by 4.4% during the 3rd quarter. United Services Automobile Association now owns 15,170 shares of the information services provider’s stock valued at $2,103,000 after acquiring an additional 640 shares in the last quarter. Alpine Global Management LLC boosted its holdings in shares of GrubHub by 34.9% during the 3rd quarter. Alpine Global Management LLC now owns 2,621 shares of the information services provider’s stock valued at $363,000 after acquiring an additional 678 shares in the last quarter. Logan Capital Management Inc. raised its position in GrubHub by 5.7% during the 3rd quarter. Logan Capital Management Inc. now owns 12,691 shares of the information services provider’s stock worth $1,759,000 after purchasing an additional 686 shares during the last quarter. Finally, Advisory Services Network LLC raised its position in GrubHub by 287.6% during the 3rd quarter. Advisory Services Network LLC now owns 969 shares of the information services provider’s stock worth $134,000 after purchasing an additional 719 shares during the last quarter. 92.58% of the stock is currently owned by hedge funds and other institutional investors.
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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