GrubHub (GRUB) Downgraded by Roth Capital

GrubHub (NYSE:GRUB) was downgraded by analysts at Roth Capital from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Monday.

GRUB has been the topic of several other research reports. Canaccord Genuity set a $140.00 price objective on shares of GrubHub and gave the stock a “buy” rating in a report on Friday, October 26th. DA Davidson upgraded shares of GrubHub from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $115.00 to $120.00 in a report on Friday, October 26th. They noted that the move was a valuation call. Stifel Nicolaus upgraded shares of GrubHub from a “hold” rating to a “buy” rating and lowered their price objective for the stock from $140.00 to $125.00 in a report on Friday, October 26th. ValuEngine downgraded shares of GrubHub from a “strong-buy” rating to a “buy” rating in a report on Friday, October 26th. Finally, Argus lowered their price objective on shares of GrubHub from $170.00 to $120.00 and set a “buy” rating on the stock in a report on Friday, November 2nd. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $119.82.

GrubHub stock opened at $86.08 on Monday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.31 and a current ratio of 2.31. GrubHub has a 12-month low of $66.62 and a 12-month high of $149.35. The firm has a market cap of $7.81 billion, a P/E ratio of 69.98, a P/E/G ratio of 2.36 and a beta of 1.27.



GrubHub (NYSE:GRUB) last released its earnings results on Thursday, February 7th. The information services provider reported $0.19 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.16 by $0.03. GrubHub had a net margin of 7.79% and a return on equity of 8.43%. The company had revenue of $287.72 million for the quarter, compared to the consensus estimate of $290.43 million. During the same quarter in the previous year, the company earned $0.37 EPS. GrubHub’s quarterly revenue was up 40.3% compared to the same quarter last year. On average, equities research analysts expect that GrubHub will post 1.42 EPS for the current fiscal year.

In other news, CTO Maria Belousova sold 819 shares of the company’s stock in a transaction on Tuesday, February 5th. The shares were sold at an average price of $81.49, for a total value of $66,740.31. Following the completion of the sale, the chief technology officer now owns 857 shares in the company, valued at approximately $69,836.93. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In the last quarter, insiders sold 9,801 shares of company stock valued at $773,267. Company insiders own 1.59% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of GRUB. Parallel Advisors LLC grew its stake in shares of GrubHub by 99.1% in the 4th quarter. Parallel Advisors LLC now owns 432 shares of the information services provider’s stock worth $33,000 after acquiring an additional 215 shares in the last quarter. LS Investment Advisors LLC bought a new stake in shares of GrubHub in the 4th quarter worth $64,000. Csenge Advisory Group bought a new stake in shares of GrubHub in the 3rd quarter worth $69,000. Massey Quick Simon & CO. LLC grew its stake in shares of GrubHub by 20.0% in the 4th quarter. Massey Quick Simon & CO. LLC now owns 1,117 shares of the information services provider’s stock worth $86,000 after acquiring an additional 186 shares in the last quarter. Finally, Advisory Services Network LLC grew its stake in shares of GrubHub by 287.6% in the 3rd quarter. Advisory Services Network LLC now owns 969 shares of the information services provider’s stock worth $134,000 after acquiring an additional 719 shares in the last quarter. Hedge funds and other institutional investors own 92.63% of the company’s stock.

About GrubHub

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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