GrubHub Inc (NYSE:GRUB) CTO Maria Belousova sold 1,266 shares of the business’s stock in a transaction that occurred on Thursday, March 1st. The stock was sold at an average price of $99.37, for a total value of $125,802.42. Following the sale, the chief technology officer now owns 857 shares of the company’s stock, valued at $85,160.09. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Maria Belousova also recently made the following trade(s):
GrubHub Inc (NYSE:GRUB) opened at $101.42 on Wednesday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 3.11 and a current ratio of 2.07. GrubHub Inc has a 52 week low of $32.43 and a 52 week high of $102.65. The company has a market capitalization of $8,892.07, a price-to-earnings ratio of 103.01, a price-to-earnings-growth ratio of 3.82 and a beta of 1.00.
GrubHub (NYSE:GRUB) last released its quarterly earnings results on Thursday, February 8th. The information services provider reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.07. GrubHub had a return on equity of 8.29% and a net margin of 14.49%. The company had revenue of $205.10 million for the quarter, compared to analysts’ expectations of $201.55 million. During the same period in the prior year, the firm earned $0.23 earnings per share. The firm’s revenue was up 49.2% compared to the same quarter last year. sell-side analysts predict that GrubHub Inc will post 1.15 EPS for the current fiscal year.
GRUB has been the subject of a number of analyst reports. Wedbush lowered GrubHub from an “outperform” rating to a “neutral” rating and upped their price target for the company from $65.00 to $70.00 in a research report on Monday, January 8th. They noted that the move was a valuation call. Oppenheimer upped their price target on GrubHub to $80.00 and gave the company an “outperform” rating in a research report on Friday, January 5th. Wells Fargo & Co restated a “market perform” rating and issued a $68.00 price target (up from $58.00) on shares of GrubHub in a research report on Monday, January 8th. Morgan Stanley upped their price target on GrubHub from $77.00 to $100.00 and gave the company a “positive” rating in a research report on Friday, February 9th. Finally, KeyCorp set a $80.00 price target on GrubHub and gave the company a “buy” rating in a research report on Monday, December 11th. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $74.07.
A number of large investors have recently added to or reduced their stakes in GRUB. First Trust Advisors LP lifted its stake in GrubHub by 996.8% during the fourth quarter. First Trust Advisors LP now owns 1,610,369 shares of the information services provider’s stock worth $115,624,000 after purchasing an additional 1,463,539 shares in the last quarter. Caledonia Private Investments Pty Ltd raised its stake in shares of GrubHub by 8.0% in the third quarter. Caledonia Private Investments Pty Ltd now owns 10,702,879 shares of the information services provider’s stock valued at $563,614,000 after acquiring an additional 790,969 shares in the last quarter. Stephens Investment Management Group LLC acquired a new stake in shares of GrubHub in the fourth quarter valued at $27,998,000. Janus Henderson Group PLC raised its stake in shares of GrubHub by 58.3% in the third quarter. Janus Henderson Group PLC now owns 1,048,396 shares of the information services provider’s stock valued at $55,210,000 after acquiring an additional 386,129 shares in the last quarter. Finally, Standard Life Aberdeen plc acquired a new stake in shares of GrubHub in the fourth quarter valued at $22,394,000.
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.