Analysts expect GrubHub Inc (NYSE:GRUB) to report $0.29 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Nine analysts have provided estimates for GrubHub’s earnings, with estimates ranging from $0.25 to $0.40. GrubHub posted earnings per share of $0.45 in the same quarter last year, which indicates a negative year-over-year growth rate of 35.6%. The company is scheduled to report its next quarterly earnings report on Thursday, October 24th.

According to Zacks, analysts expect that GrubHub will report full year earnings of $1.32 per share for the current financial year, with EPS estimates ranging from $1.17 to $1.59. For the next fiscal year, analysts forecast that the business will post earnings of $2.04 per share, with EPS estimates ranging from $1.56 to $2.49. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side analysts that that provide coverage for GrubHub.

GrubHub (NYSE:GRUB) last announced its quarterly earnings data on Tuesday, July 30th. The information services provider reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.13. The business had revenue of $325.06 million for the quarter, compared to analysts’ expectations of $317.39 million. GrubHub had a return on equity of 4.25% and a net margin of 2.17%. The company’s revenue for the quarter was up 35.6% compared to the same quarter last year. During the same period last year, the firm earned $0.50 earnings per share.

A number of analysts have weighed in on the company. Needham & Company LLC restated a “hold” rating on shares of GrubHub in a research note on Thursday, July 11th. Citigroup upgraded GrubHub from a “neutral” rating to a “buy” rating and raised their price target for the company from $75.00 to $91.00 in a research note on Tuesday, June 25th. JMP Securities cut their price target on GrubHub to $95.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 31st. Barclays raised their price target on GrubHub from $62.00 to $69.00 and gave the company an “underweight” rating in a research note on Wednesday, July 31st. Finally, Argus cut GrubHub from a “buy” rating to a “hold” rating in a research note on Thursday, May 2nd. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $96.14.

GrubHub stock traded up $1.39 during midday trading on Friday, reaching $59.94. The company’s stock had a trading volume of 2,344,900 shares, compared to its average volume of 3,825,620. GrubHub has a fifty-two week low of $57.37 and a fifty-two week high of $149.35. The company has a quick ratio of 2.42, a current ratio of 2.42 and a debt-to-equity ratio of 0.41. The company has a market cap of $5.35 billion, a P/E ratio of 48.73, a P/E/G ratio of 3.26 and a beta of 1.21. The business has a 50-day simple moving average of $72.50 and a 200-day simple moving average of $71.82.

In other GrubHub news, SVP Margo Drucker sold 15,489 shares of the firm’s stock in a transaction dated Friday, July 19th. The stock was sold at an average price of $74.99, for a total transaction of $1,161,520.11. Following the transaction, the senior vice president now owns 12,574 shares of the company’s stock, valued at $942,924.26. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Adam Dewitt sold 2,000 shares of the firm’s stock in a transaction dated Monday, July 15th. The stock was sold at an average price of $75.45, for a total value of $150,900.00. Following the transaction, the chief financial officer now directly owns 44,044 shares in the company, valued at approximately $3,323,119.80. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 26,511 shares of company stock worth $1,939,926. Corporate insiders own 1.88% of the company’s stock.

Hedge funds have recently modified their holdings of the business. Elkfork Partners LLC purchased a new position in shares of GrubHub during the second quarter worth about $26,000. Meadow Creek Investment Management LLC purchased a new position in shares of GrubHub during the second quarter worth about $33,000. First Hawaiian Bank purchased a new position in shares of GrubHub during the first quarter worth about $30,000. YorkBridge Wealth Partners LLC purchased a new position in shares of GrubHub during the first quarter worth about $35,000. Finally, Glen Harbor Capital Management LLC purchased a new position in shares of GrubHub during the second quarter worth about $40,000.

GrubHub Company Profile

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 105,000 local restaurants with diners with diners in various cities. It offers Grubhub, Seamless, and Eat24 mobile applications and mobile Websites; and operates Websites through grubhub.com, seamless.com, eat24.com, and menupages.com.

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Earnings History and Estimates for GrubHub (NYSE:GRUB)

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