GrubHub (GRUB) Getting Somewhat Positive Media Coverage, Report Finds

Craig Hallum increased their price objective 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.

A number of research analysts have weighed in on GRUB shares.

Bank of America downgraded shares of GrubHub (NYSE:GRUB) from a buy rating to a neutral rating in a report issued on Tuesday morning, MarketBeat reports. Cowen & Co has "Buy" rating and $96.0 target. They noted that the move was a valuation call. Yum will buy $200 million of Grubhub stock, and provide Grubhub with funds to accelerate the expansion of its delivery network. Lenox Wealth Management Inc bought 48,156 shares as the company's stock rose 0.90% with the market. (NYSE:GRUB) on Wednesday, October 28 with "Outperform" rating. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company's stock. GrubHub presently has an average rating of "Hold" and a consensus target price of $74.07. (NYSE:GRUB) rating on Monday, July 31.

The stock increased 2.04% or $2.17 during the last trading session, reaching $108.56. The company has a debt-to-equity ratio of 0.15, a quick ratio of 3.11 and a current ratio of 2.07. (NYSE:GRUB) hit a new 52-week high and has $112.88 target or 3.00 % above today's $109.59 share price. The firm has a market cap of $9,600.00, a PE ratio of 146.70, a PEG ratio of 3.98 and a beta of 1.00. GrubHub Inc. (NYSE:GRUB) has risen 94.22% since March 12, 2017 and is uptrending. The information services provider reported $0.31 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.24 by $0.07. GrubHub had a net margin of 14.49% and a return on equity of 8.29%. The firm had revenue of $205.10 million during the quarter, compared to analysts' expectations of $201.55 million. During the same period past year, the firm posted $0.23 EPS.

In other news, CFO Adam Dewitt sold 22,359 shares of the business's stock in a transaction dated Monday, February 5th. The stock was sold at an average price of $72.81, for a total value of $455,062.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

On Monday, March 5th, Margo Drucker sold 438 shares of GrubHub stock. Following the completion of the sale, the senior vice president now directly owns 892 shares in the company, valued at approximately $88,638.04. The disclosure for this sale can be found here. In the last three months, insiders sold 329,351 shares of company stock worth $25,178,630.

Institutional investors have recently made changes to their positions in the stock. "Takes Position in GrubHub Inc (NYSE:GRUB)" was originally published by The Lincolnian Online and is the property of of The Lincolnian Online.

"We see Grubhub participating in a favorable industry dynamic where rising restaurant supply drives incremental demand and ultimately more transactions", Champion wrote. First Mercantile Trust Co. now owns 8,601 shares of the information services provider's stock worth $617,000 after acquiring an additional 942 shares during the period. More interesting news about GrubHub Inc. UBS Asset Management Americas Inc. now owns 45,281 shares of the information services provider's stock worth $1,974,000 after purchasing an additional 5,318 shares during the last quarter. Morgan Stanley downgraded GrubHub Inc. LLC acquired a new stake in shares of GrubHub in the 2nd quarter worth $19,789,000. Parametric Portfolio Associates LLC now owns 132,825 shares of the information services provider's stock worth $5,791,000 after purchasing an additional 14,958 shares during the last quarter.

TRADEMARK VIOLATION WARNING: This report was published by registrarjournal.com and is owned by of registrarjournal.com. It offers GrubHub and Seamless mobile applications and mobile Websites for iPhone, Android, iPad, Apple Watch, and Apple TV devices; and operates GrubHub and Seamless Websites through grubhub.com and seamless.com.