Wall Street analysts predict that GrubHub Inc (NYSE:GRUB) will report $0.40 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Eight analysts have made estimates for GrubHub’s earnings. The lowest EPS estimate is $0.36 and the highest is $0.45. GrubHub posted earnings of $0.28 per share in the same quarter last year, which would suggest a positive year over year growth rate of 42.9%. The firm is scheduled to announce its next quarterly earnings results before the market opens on Thursday, October 25th.

According to Zacks, analysts expect that GrubHub will report full year earnings of $1.90 per share for the current fiscal year, with EPS estimates ranging from $1.80 to $2.01. For the next financial year, analysts forecast that the company will report earnings of $2.30 per share, with EPS estimates ranging from $1.88 to $2.57. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for GrubHub.

GrubHub (NYSE:GRUB) last posted its quarterly earnings results on Wednesday, July 25th. The information services provider reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.19. The company had revenue of $239.70 million for the quarter, compared to analyst estimates of $233.05 million. GrubHub had a return on equity of 10.52% and a net margin of 15.16%. GrubHub’s revenue for the quarter was up 50.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.26 EPS.

A number of equities research analysts have issued reports on GRUB shares. Zacks Investment Research lowered GrubHub from a “buy” rating to a “hold” rating in a research report on Friday, August 31st. Wedbush initiated coverage on GrubHub in a report on Thursday, September 13th. They issued an “outperform” rating and a $180.00 price objective on the stock. Canaccord Genuity reiterated a “buy” rating and issued a $152.00 price objective on shares of GrubHub in a report on Friday, August 10th. Argus increased their price objective on GrubHub from $150.00 to $170.00 and gave the company a “buy” rating in a report on Friday, September 14th. They noted that the move was a valuation call. Finally, Barclays reiterated a “sell” rating and issued a $110.00 price objective on shares of GrubHub in a report on Friday, July 27th. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $137.00.

In related news, CEO Matthew M. Maloney sold 3,125 shares of the firm’s stock in a transaction that occurred on Wednesday, October 17th. The stock was sold at an average price of $122.55, for a total transaction of $382,968.75. Following the transaction, the chief executive officer now owns 9,768 shares in the company, valued at approximately $1,197,068.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Adam Dewitt sold 2,250 shares of the firm’s stock in a transaction that occurred on Monday, October 15th. The stock was sold at an average price of $115.87, for a total value of $260,707.50. Following the transaction, the chief financial officer now owns 17,646 shares in the company, valued at approximately $2,044,642.02. The disclosure for this sale can be found here. Insiders have sold a total of 98,926 shares of company stock worth $13,148,433 in the last 90 days. 2.37% of the stock is currently owned by company insiders.

A number of large investors have recently added to or reduced their stakes in the stock. Groesbeck Investment Management Corp NJ purchased a new position in GrubHub during the 3rd quarter worth approximately $395,000. Oakbrook Investments LLC purchased a new position in GrubHub during the 3rd quarter worth approximately $388,000. Aperio Group LLC grew its stake in shares of GrubHub by 24.3% in the 3rd quarter. Aperio Group LLC now owns 17,898 shares of the information services provider’s stock valued at $2,481,000 after purchasing an additional 3,495 shares during the last quarter. Lourd Capital LLC purchased a new position in shares of GrubHub in the 3rd quarter valued at approximately $1,318,000. Finally, Ipswich Investment Management Co. Inc. purchased a new position in shares of GrubHub in the 3rd quarter valued at approximately $263,000. Hedge funds and other institutional investors own 98.88% of the company’s stock.

GRUB stock traded down $2.72 during mid-day trading on Monday, reaching $114.69. The company had a trading volume of 1,304,473 shares, compared to its average volume of 1,613,014. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.43 and a quick ratio of 3.43. The firm has a market capitalization of $10.62 billion, a P/E ratio of 117.03, a P/E/G ratio of 3.12 and a beta of 1.14. GrubHub has a fifty-two week low of $51.21 and a fifty-two week high of $149.35.

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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