Stifel Nicolaus lowered shares of GrubHub (NYSE:GRUB) from a buy rating to a hold rating in a research report report published on Monday morning, Marketbeat.com reports. Stifel Nicolaus currently has $110.00 price objective on the information services provider’s stock, up from their previous price objective of $100.00. The analysts noted that the move was a valuation call.

Other analysts have also issued research reports about the company. DA Davidson reiterated a hold rating and set a $65.00 price objective on shares of GrubHub in a report on Thursday, February 1st. They noted that the move was a valuation call. Craig Hallum increased their price objective on GrubHub from $80.00 to $100.00 and gave the company a buy rating in a report on Thursday, February 8th. Monness Crespi & Hardt increased their price objective on GrubHub from $42.00 to $65.00 and gave the company a sell rating in a report on Friday, February 9th. KeyCorp reiterated an overweight rating on shares of GrubHub in a report on Thursday, February 22nd. Finally, Canaccord Genuity reiterated a buy rating and set a $80.00 price objective on shares of GrubHub in a report on Tuesday, January 2nd. Two equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus price target of $75.53.

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Shares of GrubHub stock opened at $105.91 on Monday. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $9,633.22, a price-to-earnings ratio of 94.56, a price-to-earnings-growth ratio of 4.12 and a beta of 1.00. GrubHub has a 52-week low of $32.43 and a 52-week high of $112.41.

GrubHub (NYSE:GRUB) last announced its earnings results on Thursday, February 8th. The information services provider reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.07. GrubHub had a return on equity of 8.29% and a net margin of 14.49%. The business had revenue of $205.10 million for the quarter, compared to analysts’ expectations of $201.55 million. During the same quarter last year, the firm earned $0.23 EPS. The business’s revenue for the quarter was up 49.2% on a year-over-year basis. equities research analysts forecast that GrubHub will post 1.16 earnings per share for the current fiscal year.

In other GrubHub news, SVP Margo Drucker sold 994 shares of GrubHub stock in a transaction dated Tuesday, March 20th. The stock was sold at an average price of $108.82, for a total transaction of $108,167.08. Following the completion of the transaction, the senior vice president now owns 1,094 shares in the company, valued at approximately $119,049.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Adam Dewitt sold 22,359 shares of GrubHub stock in a transaction dated Monday, February 5th. The shares were sold at an average price of $69.20, for a total value of $1,547,242.80. Following the transaction, the chief financial officer now owns 17,436 shares of the company’s stock, valued at approximately $1,206,571.20. The disclosure for this sale can be found here. Insiders sold a total of 321,345 shares of company stock valued at $24,710,352 in the last 90 days. 2.37% of the stock is currently owned by company insiders.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GRUB. First Trust Advisors LP raised its stake in shares of GrubHub by 996.8% during the 4th quarter. First Trust Advisors LP now owns 1,610,369 shares of the information services provider’s stock valued at $115,624,000 after buying an additional 1,463,539 shares during the last quarter. Caledonia Private Investments Pty Ltd raised its stake in shares of GrubHub by 8.0% during the 3rd quarter. Caledonia Private Investments Pty Ltd now owns 10,702,879 shares of the information services provider’s stock valued at $563,614,000 after buying an additional 790,969 shares during the last quarter. Stephens Investment Management Group LLC purchased a new position in shares of GrubHub during the 4th quarter valued at about $27,998,000. Janus Henderson Group PLC raised its stake in shares of GrubHub by 58.3% during the 3rd quarter. Janus Henderson Group PLC now owns 1,048,396 shares of the information services provider’s stock valued at $55,210,000 after buying an additional 386,129 shares during the last quarter. Finally, Standard Life Aberdeen plc purchased a new position in shares of GrubHub during the 4th quarter valued at about $22,394,000.

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GrubHub Company Profile

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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