GrubHub Inc (NYSE:GRUB) CEO Matthew M. Maloney sold 15,637 shares of the company’s stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $64.16, for a total transaction of $1,003,269.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
GrubHub Inc (NYSE:GRUB) traded up $0.64 during midday trading on Wednesday, hitting $67.58. 883,100 shares of the stock traded hands, compared to its average volume of 1,977,503. The firm has a market capitalization of $5,803.33, a price-to-earnings ratio of 76.94, a price-to-earnings-growth ratio of 3.67 and a beta of 1.67. GrubHub Inc has a 12 month low of $32.43 and a 12 month high of $69.82.
GrubHub (NYSE:GRUB) last released its quarterly earnings results on Wednesday, October 25th. The information services provider reported $0.28 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.24 by $0.04. GrubHub had a net margin of 9.60% and a return on equity of 7.45%. The business had revenue of $163.10 million for the quarter, compared to analysts’ expectations of $159.63 million. During the same period in the prior year, the firm earned $0.23 earnings per share. GrubHub’s revenue was up 32.1% compared to the same quarter last year. research analysts forecast that GrubHub Inc will post 0.89 earnings per share for the current year.
A number of equities research analysts recently issued reports on the stock. Stifel Nicolaus reiterated a “buy” rating and issued a $53.00 price objective (up from $50.00) on shares of GrubHub in a report on Wednesday, August 9th. Cowen restated an “outperform” rating and set a $65.00 price target (up from $54.00) on shares of GrubHub in a report on Thursday, September 14th. DA Davidson began coverage on shares of GrubHub in a report on Wednesday, September 13th. They set a “neutral” rating and a $48.00 price target for the company. Craig Hallum began coverage on shares of GrubHub in a report on Monday, September 25th. They set a “buy” rating and a $70.00 price target for the company. Finally, Citigroup cut shares of GrubHub from a “buy” rating to a “neutral” rating and upped their price target for the company from $52.00 to $56.00 in a report on Thursday, October 5th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $59.18.
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GrubHub Company Profile
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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