Media headlines about Grubhub (NYSE:GRUB) have trended somewhat positive on Saturday, according to Accern. The research firm ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Grubhub earned a news impact score of 0.13 on Accern’s scale. Accern also gave media coverage about the information services provider an impact score of 46.5405882125241 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.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Financial Comparison: TSYS (TSS) & Grubhub (GRUB) (americanbankingnews.com)
- Here’s How Uber Performed in Q1 (finance.yahoo.com)
- Top Growth Stocks Today: Adobe, Grubhub, Trade Desk, SVB Financial Share These 3 Traits (investors.com)
- Grubhub expands delivery service from Spokane restaurants (spokesman.com)
- Here’s Why You Should Crave GrubHub’s Stock (fool.com)
Several equities research analysts have recently weighed in on GRUB shares. Citigroup upped their price objective on Grubhub to $110.00 and gave the company a “neutral” rating in a research note on Thursday, April 12th. They noted that the move was a valuation call. Roth Capital boosted their target price on Grubhub from $65.00 to $78.00 and gave the stock a “buy” rating in a report on Monday, February 5th. Mizuho set a $115.00 target price on Grubhub and gave the stock a “buy” rating in a report on Tuesday. Oppenheimer boosted their target price on Grubhub to $100.00 and gave the stock an “outperform” rating in a report on Friday, February 9th. Finally, Cowen reissued a “buy” rating and issued a $96.00 target price on shares of Grubhub in a report on Friday, February 9th. Two research analysts have rated the stock with a sell rating, fourteen have issued a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. Grubhub presently has a consensus rating of “Hold” and a consensus price target of $92.62.
Grubhub traded down $1.31, hitting $101.78, during trading hours on Friday, MarketBeat reports. 747,448 shares of the stock were exchanged, compared to its average volume of 1,300,549. Grubhub has a twelve month low of $41.35 and a twelve month high of $112.41. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.10 and a current ratio of 2.10. The company has a market cap of $9.30 billion, a price-to-earnings ratio of 103.86, a P/E/G ratio of 3.40 and a beta of 0.98.
Grubhub (NYSE:GRUB) last posted its quarterly earnings data on Tuesday, May 1st. The information services provider reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.25. Grubhub had a return on equity of 9.73% and a net margin of 14.75%. The firm had revenue of $232.60 million for the quarter, compared to the consensus estimate of $229.22 million. During the same quarter in the prior year, the business earned $0.29 EPS. The business’s revenue for the quarter was up 49.0% compared to the same quarter last year. equities analysts predict that Grubhub will post 1.3 EPS for the current fiscal year.
In other news, SVP Margo Drucker sold 1,238 shares of the stock in a transaction on Thursday, March 1st. The stock was sold at an average price of $99.37, for a total value of $123,020.06. Following the transaction, the senior vice president now owns 892 shares of the company’s stock, valued at approximately $88,638.04. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CTO Maria Belousova sold 1,266 shares of the stock in a transaction on Thursday, March 1st. The shares were sold at an average price of $99.37, for a total value of $125,802.42. Following the completion of the transaction, the chief technology officer now directly owns 857 shares in the company, valued at approximately $85,160.09. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 67,152 shares of company stock worth $6,579,972. Company insiders own 2.37% of the company’s stock.
GrubHub Inc, together with its subsidiaries, provides an online and mobile platform for restaurant pick-up and delivery orders in the United States. The company connects approximately 80,000 local restaurants with diners in approximately 1,600 cities. It offers Grubhub, Seamless, and Eat24 mobile applications and mobile Websites for iPhone, Android, iPad, Apple Watch, and Apple TV devices; and operates Grubhub, Seamless, and Eat24 Websites through grubhub.com, seamless.com, and eat24.com.
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