Wall Street brokerages expect GrubHub Inc (NYSE:GRUB) to report $0.40 earnings per share (EPS) for the current quarter, Zacks reports. Seven analysts have made estimates for GrubHub’s earnings. The lowest EPS estimate is $0.36 and the highest is $0.45. GrubHub reported earnings of $0.28 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 42.9%. The firm is scheduled to announce its next earnings results on Wednesday, October 24th.

According to Zacks, analysts expect that GrubHub will report full year earnings of $1.90 per share for the current year, with EPS estimates ranging from $1.80 to $2.01. For the next year, analysts anticipate that the firm will report earnings of $2.28 per share, with EPS estimates ranging from $1.88 to $2.57. Zacks Investment Research’s EPS averages are an average based on a survey of analysts that cover GrubHub.

GrubHub (NYSE:GRUB) last released its quarterly earnings results on Wednesday, July 25th. The information services provider reported $0.50 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.31 by $0.19. GrubHub had a net margin of 15.16% and a return on equity of 10.52%. The company had revenue of $239.70 million during the quarter, compared to the consensus estimate of $233.05 million. During the same period in the prior year, the firm earned $0.26 earnings per share. GrubHub’s revenue was up 50.9% on a year-over-year basis.

A number of research firms recently issued reports on GRUB. Argus increased their price target on shares of GrubHub from $150.00 to $170.00 and gave the stock a “buy” rating in a research note on Friday. They noted that the move was a valuation call. Barclays reissued a “sell” rating and issued a $110.00 price target on shares of GrubHub in a research note on Friday, July 27th. Stephens increased their price target on shares of GrubHub from $120.00 to $155.00 and gave the stock a “positive” rating in a research note on Thursday, July 26th. Oppenheimer increased their price target on shares of GrubHub in a research note on Thursday, July 26th. Finally, Zacks Investment Research raised shares of GrubHub from a “hold” rating to a “buy” rating and set a $119.00 price target for the company in a research note on Tuesday, July 3rd. Two analysts have rated the stock with a sell rating, twelve have given a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $132.68.

In related news, SVP Margo Drucker sold 1,237 shares of the firm’s stock in a transaction that occurred on Monday, July 2nd. The shares were sold at an average price of $102.90, for a total transaction of $127,287.30. Following the completion of the sale, the senior vice president now owns 891 shares of the company’s stock, valued at $91,683.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director David Fisher sold 19,000 shares of the firm’s stock in a transaction that occurred on Friday, August 10th. The shares were sold at an average price of $130.07, for a total transaction of $2,471,330.00. Following the sale, the director now directly owns 20,667 shares of the company’s stock, valued at approximately $2,688,156.69. The disclosure for this sale can be found here. Insiders have sold 92,255 shares of company stock valued at $11,431,848 in the last ninety days. Insiders own 2.37% of the company’s stock.

Several institutional investors and hedge funds have recently made changes to their positions in GRUB. Signaturefd LLC bought a new stake in shares of GrubHub during the first quarter valued at approximately $101,000. Dubuque Bank & Trust Co. bought a new stake in shares of GrubHub during the second quarter valued at approximately $107,000. Meeder Asset Management Inc. purchased a new stake in GrubHub in the first quarter worth approximately $138,000. Massey Quick Simon & CO. LLC purchased a new stake in GrubHub in the second quarter worth approximately $147,000. Finally, Fortis Advisors LLC purchased a new stake in GrubHub in the first quarter worth approximately $173,000. 99.96% of the stock is owned by institutional investors.

GRUB stock traded up $1.14 during trading on Tuesday, reaching $146.11. The company had a trading volume of 931,160 shares, compared to its average volume of 967,033. GrubHub has a 52 week low of $49.60 and a 52 week high of $149.35. The company has a market cap of $12.90 billion, a P/E ratio of 149.09, a PEG ratio of 3.79 and a beta of 1.13. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.43 and a quick ratio of 3.43.

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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