News stories about GrubHub (NYSE:GRUB) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. GrubHub earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave media headlines about the information services provider an impact score of 45.2623907719509 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Brokerages Anticipate GrubHub Inc (GRUB) Will Announce Earnings of $0.30 Per Share (americanbankingnews.com)
- Is GrubHub Fairly Valued: The DCF Valuation Approach – GrubHub … – Seeking Alpha (seekingalpha.com)
- Snap (SNAP) and GrubHub (GRUB) Head to Head Survey (americanbankingnews.com)
- Forget Facebook: Here Are 3 Better Growth Stocks — The Motley Fool – Motley Fool (fool.com)
GRUB has been the topic of several recent research reports. Stifel Nicolaus reaffirmed a “buy” rating and issued a $53.00 price objective on shares of GrubHub in a report on Wednesday, October 4th. Craig Hallum initiated coverage on shares of GrubHub in a report on Monday, September 25th. They issued a “buy” rating and a $70.00 price objective on the stock. Canaccord Genuity upped their price objective on shares of GrubHub from $50.00 to $60.00 and gave the company a “buy” rating in a report on Monday, September 18th. KeyCorp reaffirmed a “buy” rating and issued a $62.00 price objective (up from $56.00) on shares of GrubHub in a report on Wednesday, September 6th. Finally, Bank of America upped their price objective on shares of GrubHub from $54.00 to $64.00 and gave the company a “buy” rating in a report on Tuesday, September 5th. One analyst has rated the stock with a sell rating, eleven have given a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $59.96.
GrubHub (NYSE GRUB) traded down $0.39 on Friday, hitting $71.80. 870,536 shares of the company traded hands, compared to its average volume of 1,118,801. GrubHub has a 1 year low of $32.43 and a 1 year high of $74.81. The firm has a market cap of $6,258.48, a PE ratio of 105.59, a P/E/G ratio of 3.96 and a beta of 1.67.
GrubHub (NYSE:GRUB) last posted its quarterly earnings data on Wednesday, October 25th. The information services provider reported $0.28 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.24 by $0.04. The company had revenue of $163.10 million during the quarter, compared to analysts’ expectations of $159.63 million. GrubHub had a net margin of 9.60% and a return on equity of 7.45%. The firm’s revenue for the quarter was up 32.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.23 earnings per share. sell-side analysts forecast that GrubHub will post 0.89 earnings per share for the current year.
In other news, insider Maria Belousova sold 2,687 shares of the company’s stock in a transaction on Tuesday, October 3rd. The shares were sold at an average price of $52.79, for a total transaction of $141,846.73. Following the completion of the sale, the insider now owns 857 shares of the company’s stock, valued at $45,241.03. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Margo Drucker sold 1,736 shares of the company’s stock in a transaction on Tuesday, October 3rd. The stock was sold at an average price of $52.92, for a total transaction of $91,869.12. Following the sale, the senior vice president now directly owns 891 shares of the company’s stock, valued at approximately $47,151.72. The disclosure for this sale can be found here. Insiders have sold 330,041 shares of company stock valued at $19,985,032 over the last 90 days. 2.37% of the stock is currently owned by company insiders.
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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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