GrubHub Inc (NYSE:GRUB) CEO Matthew M. Maloney sold 6,250 shares of the firm’s stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $86.02, for a total transaction of $537,625.00. Following the completion of the sale, the chief executive officer now directly owns 12,950 shares in the company, valued at $1,113,959. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
GrubHub Inc (NYSE GRUB) traded up $5.42 during mid-day trading on Wednesday, hitting $93.39. 2,580,000 shares of the company’s stock traded hands, compared to its average volume of 2,070,000. The stock has a market capitalization of $8,100.00, a P/E ratio of 83.38, a PEG ratio of 2.97 and a beta of 1.54. GrubHub Inc has a 52-week low of $32.43 and a 52-week high of $94.89.
GrubHub (NYSE:GRUB) last issued its earnings results on Thursday, February 8th. The information services provider reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.07. The firm had revenue of $205.10 million for the quarter, compared to analysts’ expectations of $201.55 million. GrubHub had a net margin of 14.49% and a return on equity of 8.47%. The business’s revenue was up 49.2% on a year-over-year basis. During the same quarter last year, the business earned $0.23 earnings per share. analysts expect that GrubHub Inc will post 1.26 earnings per share for the current fiscal year.
A number of equities research analysts recently weighed in on the stock. DA Davidson reaffirmed a “hold” rating and issued a $65.00 target price on shares of GrubHub in a research note on Thursday, February 1st. They noted that the move was a valuation call. Craig Hallum raised their target price on shares of GrubHub from $80.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, February 8th. Wedbush reaffirmed an “outperform” rating and issued a $65.00 target price (up from $60.00) on shares of GrubHub in a research note on Thursday, October 26th. Stifel Nicolaus raised their target price on shares of GrubHub from $63.00 to $75.00 and gave the company a “buy” rating in a research note on Tuesday, February 6th. Finally, Monness Crespi & Hardt raised their target price on shares of GrubHub from $42.00 to $65.00 and gave the company a “sell” rating in a research note on Friday, February 9th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $74.07.
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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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