Recent Investment Analysts’ Ratings Changes for GrubHub (GRUB)

GrubHub (NASDAQ: GRUB) recently received a number of ratings updates from brokerages and research firms:

  • 2/9/2017 – GrubHub had its “outperform” rating reaffirmed by analysts at Wedbush. They now have a $47.00 price target on the stock.
  • 2/6/2017 – GrubHub had its “buy” rating reaffirmed by analysts at Mizuho. They now have a $45.00 price target on the stock.
  • 2/6/2017 – GrubHub was given a new $45.00 price target on by analysts at Roth Capital. They now have a “buy” rating on the stock.
  • 2/3/2017 – GrubHub had its “buy” rating reaffirmed by analysts at Canaccord Genuity. They now have a $48.00 price target on the stock.
  • 1/23/2017 – GrubHub is now covered by analysts at Craig Hallum. They set a “hold” rating and a $41.00 price target on the stock.
  • 1/23/2017 – GrubHub was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “GrubHub Inc. is an online and mobile food ordering company. The Company’s platform assists diners in searching for local restaurant, tracking the order and re-order for convenience. It operates within the United States and the United Kingdom. GrubHub Inc. is based in United States. “
  • 1/19/2017 – GrubHub had its “outperform” rating reaffirmed by analysts at Wedbush. They now have a $47.00 price target on the stock.
  • 1/13/2017 – GrubHub was upgraded by analysts at Morgan Stanley from an “equal weight” rating to an “overweight” rating. They now have a $44.00 price target on the stock, up previously from $36.00.
  • 1/11/2017 – GrubHub is now covered by analysts at Credit Suisse Group. They set an “outperform” rating and a $48.00 price target on the stock.
  • 1/3/2017 – GrubHub was downgraded by analysts at Monness Crespi & Hardt from a “neutral” rating to a “sell” rating. They now have a $32.00 price target on the stock.
  • 1/3/2017 – GrubHub was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $42.00 price target on the stock. According to Zacks, “GrubHub Inc. is an online and mobile food ordering company. The Company’s platform assists diners in searching for local restaurant, tracking the order and re-order for convenience. It operates within the United States and the United Kingdom. GrubHub Inc. is based in United States. “
  • 12/23/2016 – GrubHub had its “outperform” rating reaffirmed by analysts at Wedbush. They now have a $47.00 price target on the stock.
  • 12/21/2016 – GrubHub had its “buy” rating reaffirmed by analysts at Canaccord Genuity. They now have a $48.00 price target on the stock.
  • 12/15/2016 – GrubHub had its “buy” rating reaffirmed by analysts at Loop Capital.

GrubHub Inc (NASDAQ:GRUB) opened at 37.67 on Monday. GrubHub Inc has a 12-month low of $21.21 and a 12-month high of $44.58. The stock’s 50 day moving average is $39.10 and its 200 day moving average is $39.11. The stock has a market capitalization of $3.22 billion and a price-to-earnings ratio of 64.95.

GrubHub (NASDAQ:GRUB) last posted its quarterly earnings results on Wednesday, February 8th. The company reported $0.23 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.25 by $0.02. The firm had revenue of $137.50 million for the quarter, compared to analysts’ expectations of $137.33 million. The company’s quarterly revenue was up 37.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.19 earnings per share. Equities analysts predict that GrubHub Inc will post $1.10 earnings per share for the current fiscal year.

In other news, SVP Margo Drucker sold 1,756 shares of the firm’s stock in a transaction dated Friday, February 3rd. The shares were sold at an average price of $41.71, for a total value of $73,242.76. Following the transaction, the senior vice president now directly owns 1,291 shares of the company’s stock, valued at $53,847.61. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Matthew M. Maloney sold 1,649 shares of the firm’s stock in a transaction dated Monday, December 19th. The stock was sold at an average price of $37.46, for a total transaction of $61,771.54. Following the completion of the transaction, the chief executive officer now directly owns 1,649 shares in the company, valued at $61,771.54. The disclosure for this sale can be found here. Over the last three months, insiders sold 76,505 shares of company stock worth $2,839,070.

Grubhub Inc (Grubhub) is a provider of an online and mobile platform for restaurant pick-up and delivery orders. The Company connects more than 40,000 local restaurants with diners in more than 1,000 cities across the United States. For restaurants, Grubhub generates higher margin takeout orders at full menu prices.

5 Day Chart for NASDAQ:GRUB

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