GrubHub (GRUB) Earning Somewhat Positive News Coverage, Analysis Finds

News articles about GrubHub (NYSE:GRUB) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. GrubHub earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave news headlines about the information services provider an impact score of 43.7158185558251 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the headlines that may have impacted Accern Sentiment’s scoring:

Shares of GrubHub (GRUB) traded down $0.77 during mid-day trading on Tuesday, hitting $69.84. 1,337,200 shares of the stock traded hands, compared to its average volume of 1,543,010. The company has a market cap of $6,050.00, a P/E ratio of 102.71, a price-to-earnings-growth ratio of 3.01 and a beta of 1.67. GrubHub has a 12-month low of $32.43 and a 12-month high of $74.81.

GrubHub (NYSE:GRUB) last announced its quarterly earnings data 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. The firm had revenue of $163.10 million for the quarter, compared to the consensus estimate of $159.63 million. GrubHub had a net margin of 9.60% and a return on equity of 7.45%. The company’s revenue was up 32.1% on a year-over-year basis. During the same period last year, the firm earned $0.23 EPS. analysts predict that GrubHub will post 0.89 earnings per share for the current year.

GRUB has been the topic of several analyst reports. Barclays lifted their price target on shares of GrubHub from $45.00 to $56.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 26th. Wells Fargo & Co reiterated a “hold” rating and set a $58.00 price target on shares of GrubHub in a research note on Thursday, October 26th. DA Davidson reiterated a “hold” rating and set a $50.00 price target (up previously from $48.00) on shares of GrubHub in a research note on Friday, October 27th. Wedbush cut shares of GrubHub from an “outperform” rating to a “neutral” rating and lifted their price target for the stock from $65.00 to $70.00 in a research note on Monday, January 8th. They noted that the move was a valuation call. Finally, Oppenheimer lifted their price target on shares of GrubHub to $80.00 and gave the stock an “outperform” rating in a research note on Friday, January 5th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $62.61.

In other news, CEO Matthew M. Maloney sold 59,880 shares of the firm’s stock in a transaction on Wednesday, October 25th. The shares were sold at an average price of $55.75, for a total transaction of $3,338,310.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, COO Stanley Chia sold 645 shares of the firm’s stock in a transaction on Friday, November 3rd. The shares were sold at an average price of $60.60, for a total transaction of $39,087.00. Following the sale, the chief operating officer now owns 1,215 shares in the company, valued at $73,629. The disclosure for this sale can be found here. Insiders have sold a total of 437,393 shares of company stock worth $28,074,378 over the last 90 days. Insiders own 2.37% of the company’s stock.

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About GrubHub

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.

Insider Buying and Selling by Quarter for GrubHub (NYSE:GRUB)

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