GrubHub (NYSE:GRUB) Earns News Impact Score of 0.08

Headlines about GrubHub (NYSE:GRUB) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. GrubHub earned a media sentiment score of 0.08 on Accern’s scale. Accern also gave media coverage about the information services provider an impact score of 44.5295998246031 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

GrubHub (GRUB) traded down $0.39 during trading hours on Tuesday, reaching $71.80. 871,100 shares of the company’s stock were exchanged, compared to its average volume of 1,920,303. GrubHub has a fifty-two week low of $32.43 and a fifty-two week high of $74.81. The company has a market cap of $6,224.67, a P/E ratio of 105.59, a PEG ratio of 3.94 and a beta of 1.67.

GrubHub (NYSE:GRUB) last issued its quarterly earnings data on Wednesday, October 25th. The information services provider reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.04. GrubHub had a net margin of 9.60% and a return on equity of 7.45%. The firm had revenue of $163.10 million during the quarter, compared to the consensus estimate of $159.63 million. During the same quarter in the previous year, the firm posted $0.23 EPS. The company’s revenue for the quarter was up 32.1% compared to the same quarter last year. equities research analysts expect that GrubHub will post 0.89 EPS for the current year.

Several analysts recently issued reports on GRUB shares. Barclays raised their target price on 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 reissued a “hold” rating and issued a $58.00 target price on shares of GrubHub in a research note on Thursday, October 26th. DA Davidson reissued a “hold” rating and issued a $50.00 target price (up from $48.00) on shares of GrubHub in a research note on Friday, October 27th. KeyCorp restated 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, Credit Suisse Group lowered shares of GrubHub from an “outperform” rating to a “neutral” rating and raised their price objective for the stock from $50.00 to $53.00 in a report on Monday, September 11th. One 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 issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $59.96.

In related news, CFO Adam Dewitt sold 5,000 shares of the stock in a transaction that occurred on Monday, October 16th. The shares were sold at an average price of $51.13, for a total transaction of $255,650.00. Following the completion of the sale, the chief financial officer now owns 20,114 shares of the company’s stock, valued at $1,028,428.82. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Matthew M. Maloney sold 6,250 shares of the firm’s stock in a transaction on Monday, October 9th. The stock was sold at an average price of $51.37, for a total transaction of $321,062.50. The disclosure for this sale can be found here. In the last quarter, insiders sold 316,792 shares of company stock worth $19,286,288. Corporate insiders own 2.37% of the company’s stock.

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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.

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

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