Mizuho set a $98.00 target price on GrubHub (NYSE:GRUB) in a report published on Thursday. The brokerage currently has a buy rating on the information services provider’s stock.

GRUB has been the topic of a number of other research reports. KeyCorp set a $80.00 target price on GrubHub and gave the company a buy rating in a research note on Monday, December 11th. Zacks Investment Research upgraded GrubHub from a hold rating to a buy rating and set a $80.00 target price on the stock in a research note on Tuesday, January 9th. Wedbush downgraded GrubHub from an outperform rating to a neutral rating and boosted their target price for the company from $65.00 to $70.00 in a research note on Monday, January 8th. They noted that the move was a valuation call. Oppenheimer boosted their target price on GrubHub to $80.00 and gave the company an outperform rating in a research note on Friday, January 5th. Finally, Canaccord Genuity restated a buy rating and issued a $80.00 target price on shares of GrubHub in a research note on Tuesday, January 2nd. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of Buy and an average price target of $75.29.

GrubHub (GRUB) opened at $85.54 on Thursday. The firm has a market capitalization of $7,415.89, a price-to-earnings ratio of 86.40, a P/E/G ratio of 3.40 and a beta of 1.54. GrubHub has a 52-week low of $32.43 and a 52-week high of $94.89.

GrubHub (NYSE:GRUB) last posted its quarterly earnings results on Thursday, February 8th. The information services provider reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.07. The firm had revenue of $205.10 million for the quarter, compared to analyst estimates of $201.55 million. GrubHub had a return on equity of 8.47% and a net margin of 14.49%. GrubHub’s quarterly revenue was up 49.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.23 earnings per share. equities research analysts anticipate that GrubHub will post 1.22 EPS for the current fiscal year.

In other news, COO Stanley Chia sold 645 shares of the company’s stock in a transaction dated Tuesday, December 5th. The stock was sold at an average price of $66.54, for a total transaction of $42,918.30. Following the completion of the sale, the chief operating officer now owns 1,215 shares in the company, valued at approximately $80,846.10. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Adam Dewitt sold 5,000 shares of the company’s stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $64.61, for a total value of $323,050.00. Following the sale, the chief financial officer now owns 18,744 shares of the company’s stock, valued at approximately $1,211,049.84. The disclosure for this sale can be found here. In the last quarter, insiders have sold 325,212 shares of company stock valued at $22,721,729. 2.37% of the stock is currently owned by corporate insiders.

A number of large investors have recently made changes to their positions in GRUB. Cubist Systematic Strategies LLC bought a new stake in GrubHub during the 3rd quarter valued at approximately $105,000. PNC Financial Services Group Inc. boosted its stake in GrubHub by 6.4% during the 2nd quarter. PNC Financial Services Group Inc. now owns 2,453 shares of the information services provider’s stock valued at $108,000 after purchasing an additional 148 shares during the period. Asset Dedication LLC bought a new stake in GrubHub during the 3rd quarter valued at approximately $165,000. Bronfman E.L. Rothschild L.P. boosted its stake in GrubHub by 53.7% during the 4th quarter. Bronfman E.L. Rothschild L.P. now owns 2,533 shares of the information services provider’s stock valued at $182,000 after purchasing an additional 885 shares during the period. Finally, BT Investment Management Ltd bought a new stake in GrubHub during the 3rd quarter valued at approximately $195,000.

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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.

Analyst Recommendations for GrubHub (NYSE:GRUB)

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