Analysts See GrubHub Inc. (NYSE:GRUB) Rising 7.2%

Analysts See GrubHub Inc. (NYSE:GRUB) Rising 7.2%”

In related news, COO Stanley Chia sold 645 shares of the business's stock in a transaction that occurred on Tuesday, October 3rd.

Nokota Management Lp, which manages about $1.60B and $3.53B US Long portfolio, decreased its stake in Jd Com Inc (NASDAQ:JD) by 440,000 shares to 385,000 shares, valued at $15.10M in 2017Q2, according to the filing.

GrubHub Inc (NASDAQ:GRUB) opened at 51.98 on Wednesday. The stock decreased 1.72% or $0.9 during the last trading session, reaching $51.44. The rating was maintained by Oddo & Cie on Thursday, September 3 with "Neutral". The company has a 50-day moving average of $37.24 and a 200-day moving average of $36.85. At the time of writing GrubHub Inc. has an ROE of 0.057674. On average, equities research analysts forecast that GrubHub Inc will post $1.09 earnings per share for the current year. This is assuming the current $0.18 EPS is accurate. The company had revenue of $163.10 million during the quarter, compared to analyst estimates of $159.63 million.

According to GrubHub Inc.'s latest 13F filing with the US Securities and Exchange Commission (SEC), institutional ownership is at 129.48%. About shares traded. Alteryx Inc (NYSE:AYX) has 0.00% since October 24, 2016 and is. If you are viewing this article on another website, it was illegally stolen and reposted in violation of United States & worldwide copyright & trademark laws.

This article was originally published by and is the sole property of American Banking News. If you are reading this article on another site, it was stolen and reposted in violation of USA and global trademark and copyright legislation.

GRUB has been the subject of several other reports. Finally, Canada Pension Plan Investment Board purchased a new stake in shares of GrubHub in the 2nd quarter valued at about $29,203,000. Following the completion of the transaction, the insider now owns 11,559 shares of the company's stock, valued at approximately $646,957.23. T. Rowe Price Associates, the second biggest holder with 9 million shares now valued at 370.83 million whilst Baillie Gifford & Co Limited. has 8 million shares valued at 365.61 million. Inc. increased its position in GrubHub by 3,273.0% in the third quarter. Companies may issue new shares and buy back their own shares. The value of the investment in (GRUB) went from $226,641,000 to $244,628,000 increasing 7.9% quarter to quarter.

A total of 17 brokerages have released a report on GRUB. Canaccord Genuity reiterated a "buy" rating and set a $50.00 price target (up previously from $47.00) on shares of GrubHub in a report on Friday, August 4th. The stock presently has a consensus rating of "Buy" and a consensus price target of $54.09. Roth Capital initiated coverage on shares of GrubHub in a report on Monday, October 10th. They issued a "neutral" rating and a $44.00 price target on the stock. Finally, Loop Capital reissued a "buy" rating on shares of GrubHub in a report on Thursday, December 15th. Of those analysts, 10 rate stock as a Strong Buy, 6 rate it as Hold, and just no analyst rates it as a Moderate Sell. The stock was sold at an average price of $53.57, for a total value of $34,552.65.

Grubhub Inc. provides an online and mobile platform for restaurant pick-up and delivery orders.

A lot of the Street's focus is on the company's M&A, and CEO Matt Maloney was upbeat on that matter, noting that "with the addition of the Eat24, Foodler and OrderUp restaurants to our network, we can help diners find their ideal local favorites better than ever before".

Grubhub will webcast a conference call today at 9 a.m. CT to discuss the third quarter 2017 financial results.

Like this


26 October 2017
What Does Wall Street Say about Hewlett Packard Enterprise Company (NYSE:HPE)?
Archford Capital Strategies LLC lifted its position in shares of Hewlett Packard Enterprise by 6,858.7% in the second quarter. Following the transaction, the senior vice president now owns 52,221 shares of the company's stock, valued at $1,171,839.24.

26 October 2017
England's Dylan Hartley 'being victimised' due to past
Hughes is free to play on Monday, 6 November and both he and EPCR have the right to appeal the decision. This was a run-of-the-mill incident during a high-intensity game of European rugby.

26 October 2017
David Stern Says Medical Marijuana Should Be Allowed in the National Basketball Association
Harrington, who is retired, is now a marijuana entrepreneur and he's the one who produced the documentary. He thinks " there's universal agreement that marijuana for medical purposes should be completely legal ".

26 October 2017
Guatemalan Soccer Executive Gets 8 Months in FIFA Corruption Case
Federation Internationale de Football Association has conducted internal investigations of corruption and self-dealing. In January 2016, he posted a US$4 million bond, surrendering his passport and submitting to electronic monitoring.

26 October 2017
McKesson Corporation Earnings Ahead: Quick Glance
The company was maintained on Tuesday, June 6 by Jefferies. (NASDAQ:ABMD) to report earnings on October, 26. McKesson Corporation has 211 million shares outstanding, and in the last trade has seen ATR around 3.01.

26 October 2017
IRobot Corporation (IRBT) Consensus EPS Outlook
The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link . Old Mutual Global Investors UK Ltd. lifted its position in shares of iRobot Corporation by 363.7% during the 2nd quarter.

26 October 2017
Pressure On Tesla Grows As Daimler Unveils Heavy-Duty Electric Truck
The commitment goes beyond the development of the heavy-duty truck, which marks the top end of the electrification process. The E-FUSO Vision One is something of a concept to highlight the feasibility of heavy duty EV trucks.

26 October 2017
Pittsburgh Steelers WR Martavis Bryant will be inactive against Lions
The next week, Bryant had a good week of practice but saw two targets for one catch and 3 yards in a 29-14 win over Cincinnati. Maybe Tomlin is going to put Bryant through that gauntlet in order to change his perspective.

26 October 2017
KELLOGG Cereal Box Called Out for Racism By SALADIN AHMED
The latest target in the left's push to make everything about race is. wait for it. And now, my son's beloved Corn Pops have shit the proverbial race bed.

26 October 2017
Alice Glass Releases Statement of Abuse and Rape, Ethan Kath Responds
She accuses him of further abuse after the pair had formed Crystal Castles and began touring the world. Tumblr ended up removing Crystal Castles from the lineup after enormous pressure from fans online.